Camino Commences Mapping and Drone Geophysics Survey with Nittetsu at the Los Chapitos Project, Peru
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Camino Commences Mapping and Drone Geophysics Survey with
Nittetsu at the Los Chapitos Project, Peru
Vancouver, July 26, 2023 – Camino Corp. (TSXV: COR) (OTC: CAMZF) (WKN: A116E1) (“Camino” or
the “Company”), together with its project partner Nittetsu Mining Co. Ltd (“Nittetsu”), is pleased to
announce that its mapping campaign and drone geophysics survey is underway at the Los Chapitos
copper project (“ Los Chapitos” or the “ Project”). The campaign will focus on copper mineralized
structures next to porous geological strata that could host bulk manto-style copper mineralization
for follow up exploration drilling. The exploration methodology follows the same geology and
geometry of other manto discoveries at Los Chapitos, such as Adriana, Lou rdes, and Atajo, to add
additional mineral inventory to the Los Chapitos project.
Highlights:
• Geological mapping at a scale of 1:25000 covering 20,445 hectares, emphasizing the
understanding of structural geology.
• Topographic survey covering 15,681 hectares.
• Drone magnetic geophysical survey covering 5,595 hectares.
Picture 1. Topographic survey with WINGTRA Drone with high resolution image capture.
Suite 1780 – 555 Hastings Street 604-493-2058
Vancouver, BC V6B 4N4, Canada www.caminocorp.com [email protected]]
“There are many copper outcrop occurrences over the Los Chapitos property , and we have had
success at drilling bulk tonnage copper mantos at several copper outcrops such as Adriana and
Lourdes”, said Jay Chmelauskas, CEO of Camino. “ With new geophysics surveys and geology
mapping we plan to be more targeted with copper outcrop drilling, and to extend our exploration
targets to potential buried copper manto layers. Our overall goal is to add more copper mineralized
inventory in the form of additional copper mantos at Los Chapitos.”
Felix Cornelio, Chief Geologist at Camino stated: "Our 2023 exploration campaign is tapping the
experience gained in modelling the copper mantos discovered at Adriana and Lourdes and applying
that knowledge to find more copper mantos across the Project. Copper mineralizati on at Los
Chapitos is controlled by geological faults. When a mineralized fault is in contact with a porous
geological layer, a bulk tonnage strata-bound copper manto can form in the layer . Thus, we are
identifying these geological conditions as targets for our next drilling campaign."
The Camino geological team has developed an exploration program that involves a series of
geological and geophysical surveys covering 20,445 hectares across the Project’s mining
concessions. The exploration program will b e implemented through geological mapping at a scale
of 1:25000 covering the entire Los Chapitos Project area (Figure 1). This work will establish the
relationships between faults, host rocks, identification of intrusives, hydrothermal alterations , and
styles of mineralization. The purpose is to define prospective zones that could host new mineralized
bodies.
Figure 1. Los Chapitos Project Area.
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In parallel to the geological mapping, a topographic survey with drones covering 15,681 hectares
and a magnetic geophysical survey covering the NW part of the Project with a total of 5,595 hectares
in the North sector of the Atajo Trend will be carried out (Figure 2).
Figure 2. Work areas for high-resolution imaging (blue) and proposed magnetometry study (red).
About Camino Corporation
Camino is a discovery and development stage copper exploration company. The Company is focused
on advancing its high -grade Los Chapitos copper project located in Peru through to resource
delineation and to add new discoveries. Camino has also permitted the Maria Cecilia copper
porphyry project for a planned exploration drilling program. In addition, the Company has increased
its land position at its copper and silver Plata Dorada project. The Company seeks to acquire a
portfolio of advanced copper assets th at 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, 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 information in this document. Mr. Bassan has reviewed and
verified relevant data supporting t he technical information, including sampling and analytical test
data.
Suite 1780 – 555 Hastings Street 604-493-2058
Vancouver, BC V6B 4N4, Canada www.caminocorp.com [email protected]]
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 Fo rward 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 . Although the Company considers these assumptions t o 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 materi ally 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 will be different than those expected by management, that the Company will
be unable to obtain or will experience delays in obtaining any required 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.