Welcome to our dedicated page for Camino Minerals news (Ticker: CAMZF), a resource for investors and traders seeking the latest updates and insights on Camino Minerals stock.
Camino Minerals Corp. advances copper exploration and development projects in South America, with recurring updates centered on the Puquios copper project in Chile and the Costa de Cobre, formerly Los Chapitos, project in Peru. Company news covers drilling results, trenching and geological modeling, project-level joint venture activity with Nittetsu Mining, and metallurgical work tied to copper recovery methods.
Camino's announcements also address equity financing, strategic shareholder participation, management and operating appointments, and project planning for its Chilean and Peruvian copper portfolio. The company's updates are primarily tied to exploration results, development readiness, partner funding arrangements, and corporate capital needs.
Camino Minerals (TSXV:COR, OTC:CAMZF) closed a previously announced financing for aggregate gross proceeds of C$15,223,109, comprising a brokered private placement of 13,800,000 Units at C$0.42 per Unit for C$5,796,000 and a concurrent non‑brokered private placement of unsecured convertible debentures for C$9,427,109.
Each Unit includes one common share and one‑half warrant, with whole warrants exercisable at C$0.55 until August 26, 2028. Camino paid the agents C$338,108.40 in cash commission and issued 805,020 broker warrants at C$0.42, expiring August 26, 2028. Net brokered proceeds will fund Puquios joint venture cash calls, exploration and drilling at Costa de Cobre and other Peruvian projects, plus G&A and working capital over 12 months.
The Convertible Debentures bear 10.0% annual interest, capitalized quarterly and payable at maturity on August 26, 2029, and are convertible at the holder’s option at C$0.48 per share any time prior to August 26, 2031. Net debenture proceeds will satisfy deferred contingent payments to Santiago Metals vendors, extension fees to Santiago Holdco, and repay an outstanding term loan owed to Santiago Holdco. Santiago Holdco, a significant shareholder, acquired all Convertible Debentures, affecting ownership levels under Canadian early warning rules.
Camino Minerals (OTC:CAMZF, TSXV:COR) announced a financing of up to C$14.5 million, comprising a brokered private placement of up to 12,000,000 units at C$0.42 per unit for gross proceeds of up to C$5.04 million, and a concurrent non-brokered private placement of unsecured convertible debentures for up to C$9.5 million.
Each unit includes one common share and one-half warrant, with whole warrants exercisable at C$0.55 for two years, after a 60-day no-exercise period. Agents will receive 6% cash commission and broker warrants, plus a 15% over-allotment option. Debentures bear 10% interest, mature 36 months after closing, and are convertible at C$0.48 per share for up to five years. According to Camino, brokered proceeds will fund Puquios joint venture cash calls, exploration in Peru, and corporate purposes, while debenture proceeds will refinance Puquios acquisition-related obligations and a term loan. Closing is subject to TSX Venture Exchange approval, targeted on or about August 26, 2026.
Camino (OTC:CAMZF) reported Phase 2 drilling results from the Costa de Cobre copper project in Peru. Five holes at the Adriana target along the Diva trend, to 260 m depth over ~400 m strike, all intercepted copper-silver mineralization.
Highlights include 76.2 m @ 0.88% Cu and 2.03 g/t Ag in DCH-133, with 16.25 m @ 2.67% Cu and 6.82 g/t Ag, plus broad zones in DCH-131, DCH-132, DCH-134 and stacked intervals in DCH-135. The 2026 program added 990.7 m, bringing total drilling to 29,650 m.
Partner Nittetsu Mining has completed its three-year earn-in, investing CAD $10 million for a 35% interest, with plans to form a joint venture. Costa de Cobre features three structural copper corridors (Diva, La Estancia, Atajo) that remain largely underexplored.
Camino Minerals (OTC:CAMZF) appointed Marcelo Bruna as CEO of Cuprum SpA to lead Chile operations for the 50/50 Puquios copper joint venture with Nittetsu, and engaged Darryl Steane as corporate development consultant.
A Santiago finance team was established and a Japanese lender package is expected mid-2026 to target construction commencement in mid-2026. The company granted 1,170,000 equity-linked awards (500,000 options at $0.50, 545,000 RSUs, 125,000 DSUs).
Camino Minerals (OTC:CAMZF) has begun a new drilling campaign at its district-scale Costa de Cobre IOCG copper discovery in Peru and entered a 65%/35% joint venture with Nittetsu, with Camino as operator.
Camino reports >28,000m of prior drilling including a notable intersection of 83.5m @ 0.94% Cu (incl. 7.1m @ 2.13% Cu). The program targets ~1,100m focused on near-surface oxide and deeper sulphide zones. Costa de Cobre lies ~125 km south of the proposed San Juan de Marcona Port (planned capacity 47 Mtpa). Camino also has a 50/50 Puquios JV with Nittetsu targeting financing and construction start in mid-2026.
Camino (OTC:CAMZF) reported Phase 1 drill results at its Los Chapitos copper project in Peru on February 17, 2026, including a standout intercept of 83.5m @ 0.94% Cu (including 7.1m @ 2.13% Cu) at the Adriana zone.
Other significant intercepts include 63.3m @ 0.62% Cu at Lourdes and multiple oxide-to-sulfide transitions, while total project drilling now totals 28,660m. Partner Nittetsu is completing a 35% earn-in after CAD $10 million and Phase 2 completion.
Camino Minerals (OTC:CAMZF) received the final CAD$1.5 million earn-in payment from Nittetsu Mining, completing Nittetsu's expenditure obligations under the June 13, 2023 earn-in agreement and triggering formal conversion of Los Chapitos into a joint venture.
Under the joint venture, Camino will retain a 65% participating interest, operate the project, and hold 50% of life-of-mine off-take. Exploration drilling is underway at high-grade targets on the Diva and La Estancia trends; Camino is on drillhole 4 of an expected ~2,650 metre, 18-hole program that is planned to continue into H1 2026.
The company intends to issue 139,535 common shares to Resource Play as a finder fee at a deemed price of $0.43 per share; issuance is subject to TSX Venture Exchange acceptance and a four-month-and-one-day statutory hold.
Camino (OTC:CAMZF) closed a brokered private placement on November 17, 2025, issuing 15,554,666 shares at C$0.36 per share for aggregate gross proceeds of C$5,599,680.
Participants included new strategic investors Elemental Royalties and Continental General Insurance Company plus certain insiders. Proceeds will fund working capital, legal expenses, engineering studies, project development and general administrative costs. The issued shares are subject to a statutory hold period expiring March 15, 2026. The Financing remains subject to final acceptance by the TSXV. Separately, Camino issued 5,833,334 shares to Santiago Metals Investment Holdings II entities as previously announced.
Camino (OTC:CAMZF) announced a non‑brokered private placement to raise approximately C$5.6 million through the issuance of 15,554,666 shares at C$0.36 per share, with closing targeted on or about November 14, 2025 and a hold period of four months plus one day.
Strategic participants include EMX Royalty and Continental General Insurance Company; EMX also purchased a 1.25% NSR for US$8.0 million in a separate transaction. The company will also issue 5,833,334 additional vendor shares at C$0.36, and Denham Capital is expected to hold ~41% of Camino post‑closing.
Camino Minerals (OTC:CAMZF) and Nittetsu have begun proprietary leaching studies at Nittetsu's Tokyo metallurgical and chemical facility to assess scalability at the Puquios Copper Project in Chile.
Key facts: all permits required to start construction are in place, mine construction is anticipated in H1 2026, and the project has ~8,170 metres of drilling in the primary mineralized zone. Two exploration adits were developed and deeper samples were sent to Nittetsu's R&D for leach testing; initial results show competitive recoveries for multiple copper mineralization types. Camino and Nittetsu are evaluating scale-up options and exploring new leaching technologies to expand production at Puquios.