Camino Announces Exploration Results at Los Chapitos and Further Exploration Plans in Peru
Suite 1780 – 555 Hastings Street 604-493-2058
Vancouver, BC V6B 4N4, Canada www.caminocorp.com [email protected]
Camino Announces Exploration Results at Los Chapitos and
Further Exploration Plans in Peru
Vancouver, May 6, 2025 – Camino Minerals Corporation (TSXV: COR) (OTC: CAMZF) (WKN: A116E1)
(“Camino” or the “ Company”) is pleased to announce exploration results at its Copper-Silver
stratabound Los Chapitos copper project (“Los Chapitos” or the “Project”), including drilling and
additional mapping, trenching, and sampling along both the La Estancia and Diva copper mineralized
trends. The Company is targeting large-scale disseminated manto-type copper-silver mineralization
to support resource delineation studies at Los Chapitos. Camino and its partner Nittetsu Mining Co.,
Ltd. (“Nittetsu”) plan to commence the next phase of drilling in the second half of 2025. The Los
Chapitos copper project is located near the coastal city of Chala in the department of Arequipa in
Peru.
Juan Carlos Castelli, Consulting Geologist from Chile, said “the Los Chapitos property is inside the
northern continuation of the metallogenic Cu -Ag belt defined in Northern Chile, with operati ng
mines such as Michilla, Las Luces , and others. We are working with Camino and Nittetsu on an
aggressive exploration program, led by geological mapping and sections interpretations,
geochemistry and magnetometry focused to drill the best target areas to increase the known
resources in order to make a new economic copper discovery”, (Figure 1).
Yoshikazu Fujimoto, Senior Geologist at Nittetsu , stated that “ the geological work that we are
completing at Los Chapitos is an effort to focus our exploration taskforce on bulk mineralized targets
and to screen a very large land position of over 220 sq uare kilometers that has many copper -
mineralized showings.”
“To make new copper discoveries, we’ve got to step out and continue to drill untested prospects.
The geology at Los Chapitos indicates tremendous prospectivity and notably, Rio Tinto has staked
ground adjacent to our claims, so we’ve got to put the drill where the bulk copper potential exists
and keep drilling. We plan to continue drilling in the second half of 2025 at new discovery targets”
said Jay Chmelauskas, CEO of Camino. “ Camino is pursuing two value creation fronts, developing
our permitted Puquios copper mine in Chile, and continuing to exploration drill for new copper
discoveries in Peru in 2025,” Mr. Chmelauskas added.
The greenfield drilling campaign of 996.7m at the Pampero prospect increases the meters drilled at
Los Chapitos to a total of 27,624 m. 94% of the historic drilling meters have been drilled along the
Diva Trend , with significant copper intercepts at Adriana, Lourdes , and Diana prospects . After
increasing the EIA permitted areas at the Project, Camino is now beginning to drill test new
prospective areas, particularly along the La Estancia fault for new copper discoveries (Figure 1 and
Figure 2).
604-493-2058 www.caminocorp.com [email protected]
Highlights:
• The drilling campaign has validated the Pampero prospect as a Cu -Ag mineral system to
support more exploration along the Estancia thick skin fault for economic copper intercepts.
• Copper oxides mineralized in the Pampero area ha ve shown continuity at depth with
geochemical results at drill hole DCH-118 with copper grades up to 0.5%, silver 3.15 ppm at
a depth of 157.6 m following the main structural control.
• Surface rock chip sampling over 500m at Pampero show geochemical anomalies of copper,
with grades up to 3.8% and 4.0 ppm silver, as black and green copper oxides ( chrysocolla,
tenorite).
• The geology at Pam pero exhibits chlorite-smectite alteration bands linked to copper
mineralization increasing the opportunity for discoveries at Sombrero Blanco, the
Company’s next prospect to the southeast along the La Estancia Fault.
• More exploration work has been undertaken along the established Diva Trend to generate
step-out drilling targets at prospects such as Katty, Diana , and Lourdes that have
demonstrated significant copper intercepts in previous drilling campaigns.
Figure 1. Locations of main copper exploration trend and targets.
604-493-2058 www.caminocorp.com [email protected]
Camino’s recent drilling campaign strategy has targeted prospects along the untested copper trend
of the La Estancia fault that spans over 12 kilometers in NW-SE direction, parallel to the Diva Trend.
New exploration targets at Sombrero Blanco along the La Estancia Fault were geochemically
sampled and geologically mapped as potential next drilling targets, while historic exploration targets
like Katty, Diana, and Lourdes within the Diva Trend were geologically reinterpreted and resampled
to potentially expand the known copper zones. The Company also plans to continue drilling
campaigns and surface mapping along the Diva , La Estancia and Atajo Trends to expand known
mineralized zones with many prospective targets (Figure 2).
Figure 2. Los Chapitos project portfolio.
Greenfield drillholes at Pampero were located more than 10 km to the north-west from the known
copper mineralization in the Adriana copper zone (Figure 1). The program was designed to test
buried copper stratabound mantos located near the copper-controlling structures like the Diva Fault
Trend. In this first drilling phase at the La Estancia Fault, a total of 10 drillholes were completed to
depths from 38 meters to a maximum of 200.4 meters for a total of 996.7 meters drilled (Figure 3).
Drilling results are summarized in Table 1.
At Pampero, alteration and mineralization are controlled by the La Estancia fault and secondary
north west and north south trending faults. This set of structures acted as feeders, while the volcanic
rocks of the Chocolate Formation acted as receptors. Camino has been prioritizing their exploration
in this volcanic sequence, which has the potential to host large -tonnage copper deposits. The
program successfully identified or extended oxide copper mineralization northwest of the La
Estancia fault, along the Pampero area (Figure 1).
604-493-2058 www.caminocorp.com [email protected]
Figure 3. Geology and drillholes at the Pampero prospect
Between December 2024 and March 2025, rock chips were sampled at Katty and Sombrero Blanco
in sub-outcrops and outcrops along handmade trenches (sampling between 1m to 2m).
At Sombrero Blanco, 205 samples were taken with 78% of their total copper grades higher than 0.1%
Cu (copper) and maximum grades of 0.06ppm Au (gold) and 12.0ppm Ag (silver), the chip sample
V717989 over 1 m of sampling reached grades of up to 2.75% Cu and 0.42 ppm Ag in copper oxides
like malachite, chrysocolla, and copper wad (Photo 1 and Figure 4).
At Katty, 25 samples were taken with 100% of their total copper grades higher than 0.3% Cu and
maximum grades of 0.1ppm Au and 26.8ppm Ag, the chip sample V713818 over 2m of sampling
reached grade up to 2.86% Cu and 26.2 ppm Ag in copper oxides like malachite, chrysocolla , and
copper wad (Photo 2).
604-493-2058 www.caminocorp.com [email protected]
Photo 1. Left: Camino team sampling at Sombrero Blanco. Right: close-up of the mineralization in the
trenches, green copper oxides (brochantite-malachite).
Photo 2. Left: Camino team sampling outcrops at Katty. Right: close-up of the sampling site, occurrence of
green copper oxides (malachite-chrysocolla).
604-493-2058 www.caminocorp.com [email protected]
Figure 4. Geology and geochemistry of North Sombrero Blanco
Table 1. Summary of Drill Results March 2025, Los Chapitos Copper Project, Peru
HOLE ID EASTING (GPS..) NORTHING (GPS..) AZIMUTH DIP LENGTH (M) FROM TO WIDTH (M) GRADE (% Cu) GRADE (ppm Ag) AREA
DCH-113 563776 8270443 210 -46 150.0 91.0 92.5 1.5 0.14 0.87 Pampero Norte
DCH-114 563775 8270443 270 -60 90.0 Pampero Norte
DCH-115 563716 8270464 90 -60 100.0 15.3 15.9 0.6 0.11 0.19 Pampero Norte
31.6 34.4 2.8 0.24 1.38
42.5 43.7 1.2 0.40 0.99
83.8 84.6 0.8 0.11 0.23
DCH-116 563782 8270461 270 -70 81.0 Pampero Norte
DCH-117 563697 8270384 90 -60 105.0 38.2 39.9 1.7 0.13 0.62 Pampero Norte
50.0 51.4 1.4 0.13 0.24
DCH-118 563815 8270321 315 -45 200.4 50.8 52.2 1.5 0.12 0.11 Pampero Norte
157.6 158.1 0.5 0.50 3.15
164.4 166.7 2.3 0.27 0.85
169.7 171.2 1.5 0.33 0.32
DCH-119 563823 8270259 180 -55 85.5 Pampero Sur
DCH-120 563935 8270208 165 -50 65.0 37.8 39.5 1.8 0.11 0.34 Pampero Sur
DCH-121 563983 8270156 242 -60 81.8 14.6 16.0 1.4 0.13 0.24 Pampero Sur
78.8 81.8 3.1 0.26 0.53
DCH-122 563784 8270459 90 -50 38.0 Pampero Sur
Traces Copper no more than 652 ppm, Ag 3.75 ppm and Au 0.082 ppm
Traces Copper no more than 839 ppm and Ag 1.09 ppm
Traces Copper no more than 939 ppm and Ag 0.53 ppm
Traces Copper no more than 575 ppm and Ag 0.94 ppm
604-493-2058 www.caminocorp.com [email protected]
Final coordinates (East -North-Elevation, metric) taken at the end of the drillhole using GPS model
(GPS MAP 64) and measurement of the drill hole trajectory with DeviGyro RG40 STANDARD tool
every 5m according to protocol.
The potential quantity and grade of the exploration target expressed in this release is conceptual in
nature. The target is not necessarily indicative of mineralization on the property and there has been
insufficient exploration to define a mineral resourc e, and it is uncertain if further exploration will
result in the exploration target being delineated as a mineral resource.
Sampling and Assay Procedures
During this campaign, 10 drillholes and 230 chip samples were completed. Core has been logged and
sampled at the Company’s facilities in the town of Chala, 15 km from the project. Industry standard
chain of custody and QA/QC practices are followed with samples sent to Lima where they are
analyzed by ICP -MS at ALS Che mex Labs’ facility. The Camino geological team complied with the
written internal QA/QC procedures, where the insertion of blank samples, certified international
standards (pulps) and duplicates, met the objectives and acceptable results.
About Camino
Camino is a discovery and development stage copper exploration company. Camino is focused on
developing copper producing assets such as Puquios, a construction-ready copper mine in Chile, and
advancing its IOCG Los Chapitos copper project located in Peru through to resource delineation and
development, and to add new discoveries. Camino has also permitted the Maria Cecilia copper
porphyry project for exploration discovery drilling to add to its NI 43 -101 resources. In addition,
Camino has increased its land position at its copper and silver Plata Dorada project. Camino seeks
to acquire a portfolio of advanced copper assets that have the potential to deliver copper into an
electrifying copper intensive global economy. For more information, please refer to Cam ino’s
website at www.caminocorp.com.
Jose A. Bassan, FAusIMM (CP) 227922, MSc. Geologist, an independent geologist and a qualified
person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has
reviewed and approved the technical contents of this document. Mr. Bassan has reviewed and
verified relevant data supporting the technical disclosure.
ON BEHALF OF THE BOARD For further information, please contact:
/S/ “Jay Chmelauskas” Camino Investor Relations
President and CEO [email protected]
Tel: (604) 493-2058
604-493-2058 www.caminocorp.com [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Cautionary Note Regarding Forward Looking Statements: Certain disclosures in this release
constitute forward-looking information. In making the forward -looking disclosures in this release,
the Company has applied certain factors and assumptions that are based on the Company’s current
beliefs as well as assumptions made by and information currently available to the
Company. Forward-looking information in the release includes the prospectivity of future exploration
work at Los Chapitos, future planned drilling programs, prospectivity for copper exploration in new
targets; expectations for joint ventures and/or strategic partnerships with respect to the Company’s
properties and the receipt of necessary authorizations and approvals . Although the Company
considers these assumptions to be reasonable based on information currently available to it, they
may prove to be incorrect, and the forward-looking information in this release is subject to numerous
risks, uncertainties and other fa ctors that may cause future results to differ materially from those
expressed or implied in such forward -looking information. Such risk factors include, among others,
that actual results of the Company’s exploration activities may be different than those expected by
management, that the Company may not realize the benefits of joint ventures and/or strategic
partnerships with respect to the Company’s properties, that the Company may be unable to obtain
or may experience delays in obtaining any required authorizations and approvals and the state of
equity and commodity markets. Readers are cautioned not to place undue reliance on forward -
looking statements. The Company does not intend, and expressly disclaims any intention or
obligation to, update or revise an y forward -looking statements whether as a result of new
information, future events or otherwise, except as required by law.