COR.V · 2020-05-26 12:00:00

Camino Corp. to Proceed with Resource Delineation Studies at its Los Chapitos Copper Discovery in Peru

Corporate Updates

Camino Corp. to Proceed with Resource Delineation

Studies at its Los Chapitos Copper Discovery in Peru

Vancouver, British Columbia--(Newsfile Corp. - May 26, 2020) -

Camino Corp.

(TSXV: COR) (OTCQB: CAMZF) (WKN:

A116E1) ("

Camino

" or the "

Company

") is pleased to announce the commencement of resource delineation studies for its Los

Chapitos copper discovery located in Peru.

Initial internal studies will be focussed on several copper mantos that have been

identified through drilling and mapping along the 7 km Diva trend.

It is anticipated that geostatistical derived grade shells and

potential tonnages will be developed to help guide future drilling targets at the project.

Solubility ratios will be analysed to define

oxides, mixed (transition), and sulphide mineralization.

The intent of the exercise is to provide a first phase resource

quantification, that if successful, will provide the basis to develop a NI 43-101 compliant resource that would incorporate

additional drilling planned at the project.

"We have 58 drillholes with copper mineralization out of our maiden 61 hole drill program.

Many of these drillholes are showing

the geometry for a potential bulk tonnage manto style deposit," said Jay Chmelauskas, President & CEO. "We will start to

delineate potential tonnage and grade models around these copper intersections to guide our efforts to expand the identified

mineralization, and to potentially make new discoveries on other manto targets across the property and at depth."

Resource delineation will initially be focussed in the Area of Pad 1, Pad 2A and Pad 4 (see Plan Map). The selected drill pads

are located approximately 150 metres east of the interpreted Diva fault structure (see Section Pad 1, Section Pad 2A and

Section Pad 4).

Select drillholes collared in this location, DCH-034, DCH-012 and DCH-036, encountered significant copper

mineralization

across

structure drilled toward the Diva Fault.

These four holes provide the simple geometry of a potential bulk-

tonnage manto.

However, over two dozen drillholes have been drilled in this area that will form the basis of the study.

Drillhole

DCH-001 collared on Pad 1, had significant copper mineralization extend

along

structure parallel to the Diva fault indicating

mineralization continuity between drill Pad 1 and Pad 2A located approximately 180 metres apart.

A total of 58 out of 61

exploratory drillholes encountered copper mineralization from the initial 17,684 metre campaigns completed in 2017 and 2018.

All significant drillhole intersections, are summarized in the Company's Los Chapitos NI 43-101 Technical Report (April 2018).

Significant copper intercept highlights (not true thickness) for Pad 1, Pad 2A and Pad 4 include:

DCH-001 55.3m @ 0.73% Cu

AND

33.0 @ 0.40%

AND

55.5m @ 0.37% Cu

AND

(

along

structure) 168.5m @ 0.72% Cu

with Total Soluble Copper 89%, 70%, 73% and 64%, respectively

DCH-034 95.0m @ 0.85% Cu including 6.2m @ 3.16% Cu

with Total Soluble Copper 88% and 95%, respectively

DCH-012 96.5m @ 0.93% Cu including 4.5m @ 5.01% Cu

with Total Soluble Copper 74% and 87%, respectively

DCH-036 91.0m @ 0.76% Cu including 28.5m @ 1.42% Cu

with Total Soluble Copper 92% and 96%, respectively

Detailed drill holes summaries are included below.

Camino is currently compiling channel samples and chip samples completed in 2019 to also form the basis of the resource

delineation study.

The Company has contracted a consultant to complete QAQC procedures of the Camino database with

approximately 13,500 samples so that data can be systematically analysed for further studies.

"There are copper showings all over the property with very high values ranging up to 23% Cu. Although many of these are

isolated grab samples around 40% of our surface sampling is either trenches or channel chip samples and they are also well

mineralized. We believe these coherent zones of surface mineralization may be the expression of bulk sub-surface

mineralization - "mantos" in other words," said Camino's Lima based Exploration Manager, Dr. Owen Miller.

Mario Rossi, MSc, Min.Eng., will perform the resource delineation studies.

Mario is a resource and reserve specialist that has

worked in over 100 different mining projects around the world and has particular experience with copper projects in Northern

Chile and Peru.

Mario is a Stanford graduate and is the co-author of the book "Mineral Resource Estimation" (2014).

Drillhole Summary to Represent Manto Mineralization

All 61 drillholes from the Los Chapitos project are summarized in Los Chapitos NI 43-101 Technical Report (April 2018)