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Camino Announces High-Grade Copper, with Bornite, Trench Results of 90 Meters at 1.07 % Copper including 4 Meters at 3.05% Copper in New Mirador Zone at Los Chapitos in Peru

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Camino Minerals (OTC:CAMZF) has announced significant copper discoveries at its Los Chapitos Copper Project in Peru, with high-grade trench results from the Mirador prospect showing 90 meters at 1.07% copper, including sections with up to 3.05% copper. The mineralization, featuring copper oxide and sulfides with bornite in intrusive rocks, potentially represents an extension of the Adriana mineralized zone.

The company plans to commence a drilling campaign in September 2025 to further explore the Mirador, Katty, Lourdes, and Diana Zones. Additionally, Camino appointed Shawn Turkington as CFO effective August 1, 2025, replacing David Baker. The project involves partnership with Nittetsu Mining Co., which can earn a 35% interest upon completing a CDN$10 Million investment.

Camino Minerals (OTC:CAMZF) ha annunciato importanti scoperte di rame presso il suo progetto Los Chapitos in Perù, con risultati di trincea ad alto tenore nel prospetto Mirador che mostrano 90 metri al 1,07% di rame, includendo sezioni con punte fino al 3,05% di rame. La mineralizzazione, caratterizzata da ossidi di rame e solfuri con bornite in rocce intrusive, potrebbe rappresentare un'estensione della zona mineralizzata Adriana.

L'azienda prevede di avviare una campagna di perforazione a partire da settembre 2025 per esplorare ulteriormente le zone Mirador, Katty, Lourdes e Diana. Inoltre, Camino ha nominato Shawn Turkington come CFO a partire dal 1° agosto 2025, in sostituzione di David Baker. Il progetto prevede una partnership con Nittetsu Mining Co., che potrà acquisire una partecipazione del 35% al completamento di un investimento di 10 milioni di dollari canadesi.

Camino Minerals (OTC:CAMZF) ha anunciado importantes descubrimientos de cobre en su proyecto Los Chapitos en Perú, con resultados de zanjas de alta ley en el prospecto Mirador que muestran 90 metros con 1,07% de cobre, incluyendo secciones con hasta 3,05% de cobre. La mineralización, que incluye óxidos de cobre y sulfuros con bornita en rocas intrusivas, podría representar una extensión de la zona mineralizada Adriana.

La compañía planea iniciar una campaña de perforación en septiembre de 2025 para explorar más a fondo las zonas Mirador, Katty, Lourdes y Diana. Además, Camino nombró a Shawn Turkington como CFO a partir del 1 de agosto de 2025, reemplazando a David Baker. El proyecto incluye una asociación con Nittetsu Mining Co., que podrá obtener un 35% de participación tras completar una inversión de 10 millones de dólares canadienses.

Camino Minerals (OTC:CAMZF)는 페루의 로스 차피토스 구리 프로젝트에서 중요한 구리 발견을 발표했으며, 미라도르 탐사 지역에서 고품위 트렌치 결과로 90미터 구간에서 1.07% 구리를 확인했으며, 일부 구간에서는 3.05% 구리까지 나타났습니다. 구리 산화물과 황화물, 그리고 내성암 내의 보르나이트가 포함된 광화는 아드리아나 광화대의 연장일 가능성이 있습니다.

회사는 2025년 9월에 미라도르, 카티, 로우르데스, 다이애나 구역을 추가 탐사하기 위한 시추 캠페인을 시작할 계획입니다. 또한 Camino는 2025년 8월 1일부터 데이비드 베이커를 대신해 션 터킹턴을 CFO로 임명했습니다. 이 프로젝트는 Nittetsu Mining Co.와의 협력으로, 캐나다 달러 1,000만 달러 투자를 완료하면 35% 지분을 취득할 수 있습니다.

Camino Minerals (OTC:CAMZF) a annoncé d'importantes découvertes de cuivre sur son projet Los Chapitos au Pérou, avec des résultats de tranchées à haute teneur sur le prospect Mirador montrant 90 mètres à 1,07% de cuivre, incluant des sections atteignant jusqu'à 3,05% de cuivre. La minéralisation, comprenant des oxydes de cuivre et des sulfures avec de la bornite dans des roches intrusives, pourrait représenter une extension de la zone minéralisée Adriana.

La société prévoit de lancer une campagne de forage en septembre 2025 pour explorer davantage les zones Mirador, Katty, Lourdes et Diana. De plus, Camino a nommé Shawn Turkington au poste de CFO à compter du 1er août 2025, remplaçant David Baker. Le projet est réalisé en partenariat avec Nittetsu Mining Co., qui peut acquérir une participation de 35% après avoir investi 10 millions de dollars canadiens.

Camino Minerals (OTC:CAMZF) hat bedeutende Kupferfunde bei seinem Los Chapitos Kupferprojekt in Peru bekannt gegeben, mit hochgradigen Grabenproben vom Mirador-Vorkommen, die 90 Meter mit 1,07% Kupfer aufweisen, einschließlich Abschnitten mit bis zu 3,05% Kupfer. Die Mineralisierung, bestehend aus Kupferoxid und Sulfiden mit Bornit in intrusiven Gesteinen, könnte eine Erweiterung der mineralisierten Adriana-Zone darstellen.

Das Unternehmen plant, im September 2025 mit einer Bohrkampagne zu beginnen, um die Zonen Mirador, Katty, Lourdes und Diana weiter zu erkunden. Zudem ernannte Camino Shawn Turkington zum CFO, wirksam ab dem 1. August 2025, als Nachfolger von David Baker. Das Projekt erfolgt in Partnerschaft mit Nittetsu Mining Co., die sich einen 35%-Anteil durch eine Investition von 10 Millionen kanadischen Dollar sichern kann.

Positive
  • None.
Negative
  • Exploration targets remain conceptual with no defined mineral resource yet
  • Results are from surface trenching only, requiring further drilling to confirm depth potential

Appoints New CFO for the Copper Development Stage in Chile and Peru

VANCOUVER, BC / ACCESS Newswire / July 16, 2025 / Camino Minerals Corporation (TSXV:COR)(OTC PINK:CAMZF) ("Camino" or the "Company") is pleased to announce high‐grade copper trench results from the Mirador prospect located in the Diva trend, one of several prospective targets at the Company's Los Chapitos Copper Project ("Los Chapitos" or the "Project") in Peru. The new mineralized body identified at Mirador could represent the northwesterly continuation of the Adriana mineralized copper zone where over 20,000 meters of drilling has been completed. There are clear lithological, mineralogical, and structural similarities observed at Adriana, Mirador, and Katty that share the same structural control across the Diva trend fault. Importantly, this primary and oxide copper surface exposure mineralization is within intrusive, potential source rocks, that typically underlay the volcanic Chocolate Formation. The package of volcanic Chocolate formation above exhibits more copper oxide manto style mineralization that may extend to the east and to depth (Figure 1). Camino is taking more samples and opening the ground with bulldozers to expose more bedrock, leading to more assay results in the coming weeks. A planned drilling campaign is likely to commence in September 2025. High-grade copper with bornite trench results are summarized in Table 1.

This discovery reinforces the view that Adriana and the discovery drillholes previously announced are part of a structurally connected and open system along several mineralized corridors including the Diva, La Estancia, and Atajo trends.

Highlights:

  • New channel results: 90meters @ 1.07 % Cu and 20.98 ppm Agincluding:

    • 4 meters @ 3.05 % Cu and 86.55 ppm Ag

    • 7 meters @ 2.05% Cu and 27.11 ppm Ag

    • 7 meters @ 1.72% Cu and 51.66 ppm Ag

    • 8 meters @ 1.53% Cu and 32.40 ppm Ag

    • 19 meters @ 1.26% Cu and 16.71 ppm Ag

  • Copper mineralization is associated with copper oxide and sulfides hosted in intrusive rocks (monzodiorite).

  • Trench sampling is located along the established Diva trend copper corridor.

  • Strong positive correlation between copper and silver mineralization.

  • Prioritize targets at Mirador, Katty, Diana and Lourdes, with more results in the coming weeks, leading into a Fall drilling program.

  • Sombrero Blanco copper target along La Estancia trend planned for drilling next semester, once certain permits received.

"The high-grade Mirador target has nice showings of bornite, adding to its high-grade results of 90 m at 1.07% Cu, including grades over 3% Cu. The mineralization is within intrusives, which could be the source mineralizing rock for all the copper at Los Chapitos. With a package of Chocolate volcanic rocks above this outcrop, it appears that the successful Adriana zone, could potentially be repeating itself. The recent 1:2000 scale mapping approach with Nittetsu has yielded key new targets," said Jose Bassan, consulting geologist.

"We expect to provide more results in the coming weeks leading up to our next drilling campaign, planned to start in September 2025," said Jay Chmelauskas, CEO of Camino. "Camino is expanding the discovery potential around the main Adriana zone with these new high-grade copper results from the Mirador zone to the north and the Katty zone to the south (see news release dated June 17, 2025)along the Diva trend. In addition, the Sombrero Blanco target along the La Estancia copper trend is another target that provides compelling upcoming district-scale exploration drilling at Los Chapitos."

Figure 1. Potential Extension of Adriana Copper Mineralization at Mirador and Katty

Los Chapitos is Camino's second copper project with partner Nittetsu Mining Co, Ltd. ("Nittetsu"), which can earn a 35% interest in Los Chapitos once it completes a total investment of CDN$10 Million (see news release dated June 14, 2023). Rio Tinto, a major copper producer, recently staked claims adjacent to Los Chapitos (see news release dated May 17, 2024). Camino is also advancing its mine development project, the Puquios Copper Project, with Nittetsu in Chile (see news release dated April 17, 2025).

Corporate Update

The Company is further pleased to announce the appointment of Mr. Shawn Turkington, CPA (CA), as Chief Financial Officer of Camino, effective as of August 1, 2025. Mr. Turkington is a senior finance executive with extensive experience in financial reporting, corporate finance, restructuring, and strategic advisory. He has held senior roles as CFO, in both public and private companies, guiding organizations through complex financial transformations, governance enhancements, and capital market transactions. With experience in Latin America, including Chile and Peru, Mr. Turkington brings valuable insights into stakeholder engagement, financial reporting and corporate finance to advance Camino's growth strategy.

Mr. Turkington will succeed Mr. David Baker, who will be stepping down as Chief Financial Officer of Camino effective August 1, 2025. Camino would like to thank Mr. David Baker for his valuable contributions and dedication to guiding the Company through the acquisition of the Puquios Copper Project in Chile. We appreciate his efforts and wish him continued success in his future endeavours.

Technical Work

The Company is in the advanced planning stage for an upcoming drilling campaign to prioritize drilling at Mirador, Katty, Lourdes, and Diana Zones of known copper mineralization. This new program aims to define the geometry and continuity of the mineralized system at depth and validate the high-grade copper and silver results observed at surface.

Recent geological mapping at a scale of 1:2,000 at the Mirador target has identified a new zone with copper and silver mineralization, composed of oxides such as malachite, chrysocolla and atacamite, as well as mixed associations with primary or secondary sulfides, highlighting the presence of bornite.

This mineralization is hosted in intrusive rocks of Monzodiorite composition, with predominantly chlorotic alteration, with a potassic background, related to a calcite-quartz-chlorite mineralogical assemblage. This is similar dioritic rock that is seen in the clasts of the high-grade breccias that act as feeders for disseminated manto mineralization. The mineralization style is Cu-Ag vein-shaped and within the Diva trend fault, an important structure that acts as the main conduit for the emplacement of mineralizing fluids.

Table 1. Summary of the trench sampling in the Mirador Zone, direction NW-N and best intercepts of copper and silver (see the Figure 4, left)

Figure 2. 90-meter trench at Mirador with representative samples obtained each meter resulting with high-grades of copper including bornite and associated silver.

Figure 3. Location of the main exploration targets at Los Chapitos (Mirador highlighted in green).

The copper oxide mineralization at the Mirador target extends over an apparent surface area of ​​approximately 400 x 650 meters. The area features colluvial deposit cover interspersed with outcrops of copper oxide mineralization, which may also suggest the continuity of the orebody above the trench and at depth (Figure 1).

The structural continuity between Mirador, Adriana, and Katty suggests the existence of a district-scale mineralized system, which increases the exploration potential and size of the Los Chapitos project (Figure 4).

Figure 4.Geological map of the Mirador trench and copper target with Adriana and Katty Zones

The drilling target expressed in this release is conceptual in nature. The target has had insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the exploration target being delineated as a mineral resource.

Notes on sampling

Industry standard chain of custody and QA/QC practices are followed with samples sent to Lima where they are analyzed by ICP-MS at ALS Chemex Labs' facility.

The final coordinates (East, North, Elevation, metric) taken to record the sample points were done with the GPS model (GPS MAP 64).

Channel samples are continuous samples collected with hammer and chisel over 1 to 2-meter intervals.

In areas of sporadic outcrop, samples are taken as semi‐continuous rock chips therefore the samples are representative of the outcrop and non‐selective. Samples were bagged and labelled in the field. Samples were sent to ALS laboratory in Lima.

About Camino

Camino is a discovery and development stage copper exploration company. On October 7, 2024, Camino signed a Definitive Agreement to purchase the construction-ready Puquios copper mine in Chile with Nittetsu Mining. Camino is focused on developing copper producing assets such as Puquios, and 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.

Jose A. Bassan, MSc. Geologist, an independent geologist FAusIMM (CP) 227922, 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 release. Mr. Bassan has reviewed and verified relevant data supporting the technical disclosure, including sampling and analytical test data.

ON BEHALF OF THE BOARD

/S/ "Jay Chmelauskas"
President and CEO

For further information, please contact:
Camino Investor Relations
info@caminocorp.com
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 prospectivity of future exploration work at Los Chapitos, future planned drilling programs, expectations with respect to mineralized systems and corridors, and prospectivity for copper exploration in new targets. 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 expected by management, that the Company may not realize the benefits of joint ventures and/or strategic partnerships with respect to the Company's properties, that the Company may be unable to obtain or may 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.

SOURCE: Camino Minerals Corp



View the original press release on ACCESS Newswire

FAQ

What were the key copper grades discovered at Camino Minerals' (CAMZF) Los Chapitos Project?

The Mirador prospect revealed 90 meters at 1.07% copper, including high-grade sections of 4 meters at 3.05% copper and several other significant intersections with grades above 1.5% copper.

When will Camino Minerals (CAMZF) begin drilling at the Los Chapitos Project?

Camino plans to commence its drilling campaign in September 2025, focusing on the Mirador, Katty, Lourdes, and Diana Zones.

Who is Camino Minerals' (CAMZF) new CFO and when does he start?

Shawn Turkington, CPA (CA), will become CFO effective August 1, 2025. He brings extensive experience in financial reporting, corporate finance, and strategic advisory, including experience in Latin America.

What is Nittetsu Mining's stake in Camino Minerals' (CAMZF) Los Chapitos Project?

Nittetsu Mining can earn a 35% interest in the Los Chapitos Project upon completing a total investment of CDN$10 Million.

Where is the Los Chapitos Copper Project located and what are its key prospects?

The Los Chapitos Project is located in Peru with key prospects including the Mirador, Adriana, Katty, Diana, and Lourdes zones along the Diva trend copper corridor.
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