Camino to Commence Drill Pad Construction at New High-Grade Copper Drill Targets at Los Chapitos, Peru
Camino to Commence Drill Pad Construction at New High-Grade
Copper Drill Targets at Los Chapitos, Peru
Vancouver, March 31, 2022 – Camino Corp. (TSXV: COR) (OTC: CAMZF) (WKN: A116E1) (“Camino” or the
“Company”) is pleased to announce that it plans to commence road building and pad preparation at its
drill targets next week at its Los Chapitos copper project in Peru. The Company has now received
authorizations from the General Directorate of Mining (DGM) of the Ministry of Energy and Mines, which
authorizes the company to start activities. Camino expects to commence drilling in May 2022.
Highlights
• Start of Activities permit received to commence earthworks at Los Chapitos.
• Lourdes Target-manto grades up to 4.16% Cu and 26.9 ppm Ag in channel samples.
• Condori Target-breccia grades up to 3.94% Cu and 24 ppm Ag in artisanal mining samples.
“Our drilling will test new areas to the north along the 8 km mineralized copper trend characterized by
historical high-grade copper and silver artisanal mining activities,” said Jay Chmelauskas, CEO of Camino.
“We see district-scale property potential at Los Chapitos with many copper outcrops and bulk tonnage
manto-style showings in the newly permitted areas. Our drill targeting, which is based on geophysics,
field work, and geochemical analysis, is designed to step out several kilometres from previous drilling to
find new zones of copper mineralization.”
The new drill targets at Lourdes and Condori show green copper oxides filling the breccia matrix as well
as joints and faults visible at surface. The copper oxidized breccia matrix is common in the previously
drilled Adriana discovery (see news release dated April 18, 2017). Along with the main copper
mineralization which trends Northwest we are targeting structures that trend North-South and North-
East that could provide additional conduits for mineralization. The Lourdes-Condori Zone extends over
1.5 km and begins to outcrop at Lourdes 1.4 km Northwest from the northern sector of the previously
drilled Adriana copper zone (see Figure 1).
The Lourdes target mineralization grades of up to 4.16% Cu and 26.9 ppm Ag were found in channel
sampling intervals of 1.3 to 2 metres. The manto mineralization in Lourdes is coincident with regional
stratigraphy of the Chocolate Formation and very well defined in the Lourdes zone. The Condori target is
structurally controlled like a feeder type breccia filled by malachite, chrysocolla with rock sample grades
up to 3.94% Cu and 24ppm Ag that was previously mined by artisanal miners.
Los Chapitos is a 220 sq. km project with multiple-permitted areas along the 8 km mineralized Diva Trend,
with 22,888 metres of drilling completed to date.
Suite 1780 – 555 W Hastings Street 604-493-2058
Vancouver, BC V6B 4N4, Canada www.caminocorp.com [email protected]
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Figure 1. Lourdes and Condori 2022 drilling targets along an 8.0 km Diva Trend with green copper oxide
mineralization, between Lidia and Adriana zones.
About Camino Minerals 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 towards potential resource
delineation and new discoveries. Camino is also advancing its recently acquired Maria Cecilia copper
porphyry with a new NI43-101 resource filed in 2021. 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 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 Bassan MAusIMM (CP) 227922, MSc. Geologist, a Qualified Person as defined by NI 43 -101, 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.
Suite 1780 – 555 W Hastings Street 604-493-2058
Vancouver, BC V6B 4N4, Canada www.caminocorp.com [email protected]
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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 the prospectivity of future exploration work on the Los Chapitos projects and
completion and results of the drill program at Los Chapitos. 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 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.