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Camino Minerals announces exploration results from step-out drilling at its Los Chapitos copper property in Peru. The drilling campaign aimed to identify new zones of copper mineralization, revealing high-grade copper mineralization at Diana and Lourdes zones. The success of the campaign highlights the potential of the copper mineralizing system at Los Chapitos, supporting resource delineation studies and mine planning strategies.
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End-of-Day
-30.37%
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Camino Minerals announces the commencement of road building and drilling pad construction at its Maria Cecilia copper porphyry project in Peru. The drilling program aims to make a new copper discovery on the project, with over USD $28 million invested in adjacent projects. The company intends to drill up to two 750-meter holes to intercept a significant magnetic anomaly at Maria Cecilia.
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End-of-Day
17.31%
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Camino Minerals Corporation (TSXV:COR)(OTC PINK:CAMZF)(WKN:A116E1) announces the addition of Chris Adams, former head of Macquarie's mining finance business in the Americas, to the Camino Board of Directors. David Baker has stepped down as a Director and joined as Chief Financial Officer. The Company also plans to issue shares to Resource Play and former CFO Justin Bourassa.
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-2.99%
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Camino Minerals Corporation (TSXV:COR)(OTC:CAMZF) (WKN:A116E1) has granted incentive stock options to various directors, officers, employees, and consultants to purchase up to 4,950,000 common shares of the Company on or before December 22, 2028, at an exercise price of $0.10 per share. This comes after a two-year hiatus since September 2021. The CEO, Jay Chmelauskas, stated that the issuance of new incentive stock options is to drive value and align with shareholders after a successful transaction and earn-in with partner Nittetsu Mining in 2023, and prior to commencing drilling campaigns at both the Los Chapitos and Maria Cecilia copper properties.
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Camino Minerals Corporation (TSXV:COR)(OTC PINK:CAMZF) (WKN: A116E1) has successfully closed a non-brokered fully-subscribed private placement for gross proceeds of $2,000,000. The company plans to use the funds for drilling activities at the Maria Cecilia porphyry complex, corporate working capital, and business development. Two drilling campaigns are scheduled in Peru for the first half of 2024 at the Los Chapitos IOCG and Maria Cecilia porphyry copper properties. The Financing consisted of 33,333,334 units at a price per unit of $0.06.
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Camino Minerals Corporation (TSXV:COR)(OTC PINK:CAMZF)(WKN:A116E1) has entered into a contract with Geotecnica Y Construcciones Del Peru S.A.C. to complete 2,000 meters of core drilling at its Los Chapitos Copper Project in Peru. The drilling campaign, fully funded through a CAD$1.5 million earn-in payment by Camino's exploration partner, Nittetsu Mining Co., Ltd., is expected to commence on December 22, 2023. The company aims to make new discoveries and potentially expand known copper mineralized zones at the property, part of a major IOCG copper system.
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Camino Minerals Corporation (COR) announces a non-brokered private placement to raise up to CAD$2,000,000 through the issue of 33,333,334 units at CAD$0.06 per unit. The funds will be used for drilling activities at the Maria Cecilia porphyry complex and for corporate working capital and business development activities. The company has received commitments from executive management, directors, and existing shareholders. The securities issued will be subject to a hold period expiring four months and one day from their date of issuance.
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End-of-Day
12%
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Camino Minerals Corporation (COR) receives CAD$1.5 million confirmation from Nittetsu Mining Co. for the next phase of exploration at the Los Chapitos Copper Project in Peru.
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-1.96%
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Camino Corp. (TSXV:COR)(OTC PINK:CAMZF)(WKN:A116E1) reports that Rio Tinto has staked copper claims adjacent to its Los Chapitos Copper Project in Peru, while Camino has increased its claims by 1,000 hectares. The company also identified the La Estancia Fault and plans a new drilling campaign in December. With Rio Tinto and South32's presence, the district is gaining attention.
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Rhea-AI Sentiment
End-of-Day
62.96%
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Camino Corp. and Nittetsu Mining Co. have identified the La Estancia fault, a deep-seated fault structure, at the Los Chapitos Copper Project. The fault extends for 12 kilometers and has implications for copper mineralization. Camino is conducting geological mapping for a drilling campaign starting in December.
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Rhea-AI Sentiment
End-of-Day
8.82%
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CAMINO MINERALS CORP
OTC:CAMZF
CAMZF Rankings
CAMZF Stock Data
9.81M
160.08M
8.28%
23.47%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
United States of America
Edmonton