On Tuesday 05 05, 2026 at 6:00AM ET Camino Appointments Senior Management to Build and Operate the Puquios Copper Mine in Chile and for Corporate Development
On Tuesday 05 05, 2026 at 6:00AM ET
Camino Appointments Senior Management to Build and
Operate the Puquios Copper Mine in Chile and for
Corporate Development
VANCOUVER, BC / ACCESS Newswire / May 5, 2026 / Camino Minerals Corporation (TSXV:COR)(OTCID:CAMZF)
("Camino" or the "Company") is pleased to announce key appointments to its management and operational team to support the
advancement of the Puquios copper project ("Puquios" or the "Project") in Chile toward construction and for corporate
development. These appointments will further strengthen the Company's operational, financial, and strategic capabilities as it
transitions towards development and production in Chile and corporate growth.
Picture 1. Camino's Vancouver team with the Santiago, Chile-based management and finance team.
The Company along with its partner Nittetsu Mining Co., Ltd. ("Nittetsu") has appointed Marcelo Bruna as Chief Executive
Officer of Cuprum SpA, the established Chilean company to advance the development of the Puquios copper mine, a 50/50 Joint
Venture with Nittetsu. Based in Santiago, Marcelo will manage the Chilean operations. Marcelo is a senior mining executive with
over 30 years of experience in project development and operations. He has overseen more than US$2.5 billion in mining
investments and brings strong expertise in delivering large-scale copper projects through construction and operations.
In addition, Camino has established a new finance team based in Santiago, Chile, to support the Company's operations. The team
will play a key role in advancing project-level financial planning, supporting debt financing initiatives, and general Joint Venture
accounting functions as the Company moves towards the planned commencement of construction of the Puquios copper mine in
mid-2026. A finance package with a Japanese lender is expected in mid-year 2026 to begin construction of the copper mine.
The Company has also engaged Darryl Steane as a Corporate Development Consultant. Darryl will support Camino's strategic
initiatives, including supporting technology development and potential expansion of Puquios copper mine, and continue to build
the Company's portfolio of copper assets. Darryl is a mining executive with over 20 years of global experience in corporate
development, project financing, and M&A. He has held senior roles at BHP and South32 and served as the inaugural President
and CEO of Ambler Metals copper project in Alaska and advancing large-scale resource development initiatives in North
America.
"Marcelo knows the Puquios mine, having worked with Denham Capital, and has very deep experience constructing and
operating mines; he has most recently operated an SXEW copper mine in Chile, similar to the Puquios mine process. Camino and
its partner Nittetsu Mining met with our potential lender in Japan in April, and our financial package is on track to target the
summer for initial drawdown," said Jay Chmelauskas, CEO of Camino. "We have further bolstered our finance and human
resources team in Chile with additional hires in our offices in Santiago. In April, the Puquios project was visited by senior
Camino and Nittetsu management to inspect progress of early works and to plan for mine construction. We are also pleased to
have Darryl join our Vancouver-based team to support management with his extensive copper mining background and recent
commercial experience with new leaching technologies, for the next phase of growth at Camino."
Corporate update
Camino granted 500,000 stock options, 545,000 restricted share units and 125,000 deferred share units to certain directors,
officers, consultants, and employees to purchase up to a total of 1,170,000 Common Shares. The stock options have a term of five
years at an exercise price of $0.50 per share and will vest over a 36-month period, with 25% vesting immediately upon grant and
an additional 25% vesting on each anniversary thereafter. The restricted units will vest annually over a three-year period and the
deferred share units are redeemed upon retirement from the Company.
About Camino
Camino is a discovery and development stage copper exploration company. The Company has entered into a joint venture
partnership with Nittetsu Mining Co., Ltd. to advance the construction-ready Puquios copper project in Chile toward
development and production. Camino is 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
ON BEHALF OF THE BOARD
/S/ "Jay Chmelauskas"
President and CEO
For further information, please
contact:
Camino Investor Relations
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 expectation to
receive a debt facility, the start of drawdown and construction of the Puquios Mine, prospectivity to grow the business with
technology or otherwise. 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 anticipated by management; that geological interpretations, including the continuity or extent of mineralized
bodies, may change with additional drilling; that the Company may not realize the benefits of joint ventures and/or strategic
partnerships; that the Company may be unable to obtain or may experience delays in obtaining required permits, authorizations
and approvals; operational and technical risks inherent in exploration; and risks related to 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.
SOURCE: Camino Minerals Corp