Camino Signs Contract to Commence Copper Exploration Drilling in December at Los Chapitos, Peru
Suite 1780 – 555 Hastings Street 604-493-2058
Vancouver, BC V6B 4N4, Canada www.caminocorp.com [email protected]
Camino Signs Contract to Commence Copper Exploration Drilling
in December at Los Chapitos, Peru
Vancouver, December 11, 2023 – Camino Minerals Corporation (TSXV: COR) (OTC: CAMZF) (WKN:
A116E1) (“Camino” or the “ Company”) is pleased to announce that it has entered into a contract
with Geotecnica Y Construcciones Del Peru S.A.C. (“GCP”), to complete 2,000 meters of core drilling
at its Los Chapitos Copper Project (“Los Chapitos” or the “Project”) in Peru. GCP is a Peruvian drilling
company with a successful track record of drilling programs in Peru since 2011 . The drilling rig will
mobilize to Los Chapitos on December 18th, with the drilling campaign expected to commence on
December 22, 2023 . The upcoming campaign is fully funded through a CAD$1.5 million earn-in
payment by Camino’s exploration partner at Los Chapitos , Nittetsu Mining Co., Ltd. (see news
release dated November 23, 2023).
“The commencement of drilling in December at Los Chapitos sets a strong start to our planned
exploration programs in Peru through 2024,” said Jay Chmelauskas, President and CEO of Camino.
“The Los Chapitos copper property is thought to be part of a major IOCG copper system, and this
drilling program is designed to grow the project by making new discoveries and potentially
expanding known copper mineralized zones.”
The drilling campaign will focus on targeting additional copper oxide targets and potential copper
sulphide mineralization. This campaign will generally focus on copper mineralization targets along
the Diva Structural Fault that extends for over 8km, which is one of several mineralized trends at
Los Chapitos (see Figure 1 and Figure 2).
Figure 1. Copper mineralization targets along the Diva Structural Fault at Los Chapitos, Peru.
Suite 1780 – 555 Hastings Street 604-493-2058
Vancouver, BC V6B 4N4, Canada www.caminocorp.com [email protected]
Figure 2. Fault structures controlling copper mineralization at Los Chapitos, Peru.
About Camino
Camino is a discovery and development stage copper exploration company. Camino 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, 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, 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, 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
Suite 1780 – 555 Hastings Street 604-493-2058
Vancouver, BC V6B 4N4, Canada 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 and Maria Cecilia 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 fac tors 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 be unable to obtain or will 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.