Camino Announces High-Grade Copper, with Bornite, Trench Results of 90 Meters at 1.07 % Copper including 4 Meters at 3.05% Copper in New Mirador Zone at Los Chapitos in Peru; Appoints New CFO for the Copper Development Stage in Chile and Peru
Camino Announces High-Grade Copper, with Bornite, Trench Results of
90 Meters at 1.07 % Copper including 4 Meters at 3.05% Copper in New
Mirador Zone at Los Chapitos in Peru;
Appoints New CFO for the Copper Development Stage in Chile and Peru
Vancouver, July 16, 2025 – Camino Minerals Corporation (TSXV: COR) (OTC: CAMZF) (“Camino”
or the “Company”) is pleased to announce high‐grade copper trench results from the Mirador
prospect located in the Diva trend, one of several prospective targets at the Company’s Los
Chapitos Copper Project ( “Los Chapitos” or the “Project”) in Peru. The new mineralized body
identified at Mirador could represent the northwesterly continuation of the Adriana mineralized
copper zone where over 20,000 meters of drilling has been completed. Th ere are clear
lithological, mineralogical, and structural similarities observed at Adriana, Mirador, and Katty
that share the same structural control across the Diva trend fault. Importantly, this primary and
oxide copper surface exposure mineralization is within intrusive, potential source rocks, that
typically underlay the volcanic Chocolate Formation. The package of volcanic Chocolate
formation above exhibits more copper oxide manto style mineralization that may extend to the
east and to depth (Figure 1) . Camino is taking more samples and opening the ground with
bulldozers to expose more bedrock, leading to more assay results in the coming weeks. A
planned drilling campaign is likely to commence in September 2025. High-grade copper with
bornite trench results are summarized in Table 1.
This discovery reinforces the view that Adriana and the discovery drillholes previously
announced are part of a structurally connected and open system along several mineralized
corridors including the Diva, La Estancia, and Atajo trends.
Highlights:
• New channel results: 90meters @ 1.07 % Cu and 20.98 ppm Ag including:
o 4 meters @ 3.05 % Cu and 86.55 ppm Ag
o 7 meters @ 2.05% Cu and 27.11 ppm Ag
o 7 meters @ 1.72% Cu and 51.66 ppm Ag
o 8 meters @ 1.53% Cu and 32.40 ppm Ag
o 19 meters @ 1.26% Cu and 16.71 ppm Ag
• Copper mineralization is associated with copper oxide and sulfides hosted in intrusive rocks
(monzodiorite).
• Trench sampling is located along the established Diva trend copper corridor.
• Strong positive correlation between copper and silver mineralization.
• Prioritize targets at Mirador, Katty, Diana and Lourdes, with more results in the coming
weeks, leading into a Fall drilling program.
• Sombrero Blanco copper target along La Estancia trend planned for drilling next semester,
once certain permits received.
“The high-grade Mirador target has nice showings of bornite, adding to its high-grade results of
90 m at 1.07% Cu, including grades over 3% Cu. The mineralization is within intrusives, which
could be the source mineralizing rock for all the copper at Los Chapitos . With a package of
Chocolate volcanic rocks above this outcrop, it appears that the successful Adriana zone, could
potentially be repeating itself. The recent 1:2000 scale mapping approach with Nittetsu has
yielded key new targets,” said Jose Bassan, consulting geologist.
“We expect to provide more results in the coming weeks leading up to our next drilling
campaign, planned to start in September 2025,” said Jay Chmelauskas, CEO of Camino. “Camino
is expanding the discovery potential around the main Adriana zone with these new high -grade
copper results from the Mirador zone to the north and the Katty zone to the south (see news
release dated June 17, 2025) along the Diva trend. In addition, the Sombrero Blanco target along
the La Estancia copper trend is another target that provides compelling upcoming district-scale
exploration drilling at Los Chapitos.”
Figure 1. Potential Extension of Adriana Copper Mineralization at Mirador and Katty
Los Chapitos is Camino’s second copper project with partner Nittetsu Mining Co, Ltd.
(“Nittetsu”), which can earn a 35% interest in Los Chapitos once it completes a total investment
of CDN$10 Million (see news release dated June 14, 2023). Rio Tinto, a major copper producer,
recently staked claims adjacent to Los Chapitos (see news release dated May 17, 2024). Camino
is also advancing its mine development project, the Puquios Copper Project, with Nittetsu in
Chile (see news release dated April 17, 2025).
Corporate Update
The Company is further pleased to announce the appointment of Mr. Shawn Turkington, CPA
(CA), as Chief Financial Officer of Camino, effective as of August 1, 2025 . Mr. Turkington is a
senior finance executive with extensive experience in financial reporting, corporate finance,
restructuring, and strategic advisory. He has held senior roles as CFO, in both public and private
companies, guiding organizations through complex financial transformations, governance
enhancements, and capital market transactions. With experience in Latin America, including
Chile and Peru, Mr. Turkington brings valuable insights into stakeholder engagement , financial
reporting and corporate finance to advance Camino’s growth strategy.
Mr. Turkington will succeed Mr. David Baker, who will be stepping down as Chief Financial
Officer of Camino effective August 1, 2025. Camino would like to thank Mr. David Baker for his
valuable contributions and dedicatio n to guiding the Company through the acquisition of the
Puquios Copper Project in Chile. We appreciate his efforts and wish him continued success in his
future endeavours.
Technical Work
The Company is in the advanced planning stage for an upcoming drilling campaign to prioritize
drilling at Mirador, Katty, Lourdes, and Diana Zones of known copper mineralization. This new
program aims to define the geometry and continuity of the mineralized system at depth and
validate the high-grade copper and silver results observed at surface.
Recent geological mapping at a scale of 1:2,000 at the Mirador target has identified a new zone
with copper and silver mineralization, composed of oxides such as malachite, chrysocolla and
atacamite, as well as mixed associations with primary or secondary sulfides, highlighting the
presence of bornite.
This mineralization is hosted in intrusive rocks of Monzodiorite composition, with predominantly
chlorotic alteration, with a potassic background, related to a calcite -quartz-chlorite
mineralogical assemblage. This is similar dioritic rock that is seen in the clasts of the high-grade
breccias that act as feeders for disseminated manto mineralization. The mineralization style is
Cu-Ag vein-shaped and within the Diva trend fault, an important structure that acts as the main
conduit for the emplacement of mineralizing fluids.
Table 1. Summary of the trench sampling in the Mirador Zone, direction NW-N
and best intercepts of copper and silver (see the Figure 4, left)
Figure 2. 90-meter trench at Mirador with representative samples obtained each meter resulting with
high-grades of copper including bornite and associated silver.
Figure 3. Location of the main exploration targets at Los Chapitos (Mirador highlighted in green).
The copper oxide mineralization at the Mirador target extends over an apparent surface area of
approximately 400 x 650 meters. The area features colluvial deposit cover interspersed with
outcrops of copper oxide mineralization, which may also suggest the continuity of the orebody
above the trench and at depth (Figure 1).
The structural continuity between Mirador, Adriana, and Katty suggests the existence of a
district-scale mineralized system, which increases the exploration potential and size of the Los
Chapitos project (Figure 4).
Figure 4. Geological map of the Mirador trench and copper target with Adriana and Katty Zones
The drilling target expressed in this release is conceptual in nature. The target has had
insufficient exploration to define a mineral resource, and it is uncertain if further exploration
will result in the exploration target being delineated as a mineral resource.
Notes on sampling
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 Chemex Labs’ facility.
The final coordinates (East, North, Elevation, metric) taken to record the sample points were
done with the GPS model (GPS MAP 64).
Channel samples are continuous samples collected with hammer and chisel over 1 to 2 -meter
intervals.
In areas of sporadic outcrop, samples are taken as semi‐continuous rock chips therefore the
samples are representative of the outcrop and non‐selective. Samples were bagged and labelled
in the field. Samples were sent to ALS laboratory in Lima.
About Camino
Camino is a discovery and development stage copper exploration company. On October 7, 2024,
Camino signed a Definitive Agreement to purchase the construction-ready Puquios copper mine
in Chile with Nittetsu Mining. Camino is focused on developing copper producing assets such as
Puquios, 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 NI43 -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 Camino’s website at www.caminocorp.com.
Jose A. Bassan, MSc. Geologist, an independent geologist FAusIMM (CP) 227922, 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 release. Mr. Bassan has reviewed and
verified relevant data supporting the technical disclosure, including sampling and analytical test
data.
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
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, without limitation, statements with respect to the prospectivity
of future exploration work at Los Chapitos, future planned drilling programs, expectations with
respect to mineralized systems and corridors, and prospectivity for copper exploration in new targets.
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 factors 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 res pect 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 any forward -looking statements whether as a result of new
information, future events or otherwise, except as required by law.