Berliner Boersenzeitung - 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

EUR -
AED 4.278799
AFN 77.332466
ALL 96.575617
AMD 445.1876
ANG 2.085576
AOA 1068.388216
ARS 1684.735918
AUD 1.75613
AWG 2.09862
AZN 1.984015
BAM 1.955298
BBD 2.351906
BDT 142.873314
BGN 1.955951
BHD 0.439244
BIF 3450.13256
BMD 1.165091
BND 1.512264
BOB 8.068928
BRL 6.18139
BSD 1.167705
BTN 104.895516
BWP 15.51395
BYN 3.380546
BYR 22835.780461
BZD 2.348507
CAD 1.624445
CDF 2598.152383
CHF 0.935795
CLF 0.027249
CLP 1068.972737
CNY 8.239114
CNH 8.235468
COP 4423.838268
CRC 572.550529
CUC 1.165091
CUP 30.874907
CVE 110.236695
CZK 24.215228
DJF 207.947498
DKK 7.468599
DOP 74.200629
DZD 151.573688
EGP 55.422094
ERN 17.476363
ETB 182.080866
FJD 2.631882
FKP 0.872491
GBP 0.87341
GEL 3.139877
GGP 0.872491
GHS 13.301585
GIP 0.872491
GMD 85.051785
GNF 10146.786517
GTQ 8.944742
GYD 244.307269
HKD 9.07004
HNL 30.745973
HRK 7.537941
HTG 152.955977
HUF 381.927241
IDR 19422.821609
ILS 3.76036
IMP 0.872491
INR 104.791181
IQD 1529.71378
IRR 49079.451231
ISK 149.003201
JEP 0.872491
JMD 187.141145
JOD 0.82607
JPY 180.711448
KES 150.704566
KGS 101.886647
KHR 4676.939601
KMF 491.66861
KPW 1048.573823
KRW 1715.887947
KWD 0.35759
KYD 0.973154
KZT 590.220982
LAK 25331.604319
LBP 104570.198293
LKR 360.448994
LRD 206.107962
LSL 19.822595
LTL 3.44021
LVL 0.704752
LYD 6.347397
MAD 10.774234
MDL 19.862985
MGA 5193.64414
MKD 61.624177
MMK 2446.620372
MNT 4131.997126
MOP 9.362236
MRU 46.266921
MUR 53.675364
MVR 17.954132
MWK 2024.871384
MXN 21.185039
MYR 4.789718
MZN 74.447687
NAD 19.822595
NGN 1690.547045
NIO 42.970442
NOK 11.774198
NPR 167.831186
NZD 2.017279
OMR 0.448002
PAB 1.1678
PEN 3.926892
PGK 4.952877
PHP 68.813177
PKR 329.883811
PLN 4.230421
PYG 8097.955442
QAR 4.268104
RON 5.093784
RSD 117.405001
RUB 89.428762
RWF 1699.056442
SAR 4.372624
SBD 9.581501
SCR 15.83572
SDG 700.739077
SEK 10.962357
SGD 1.508886
SHP 0.87412
SLE 26.796781
SLL 24431.370198
SOS 666.226074
SRD 45.023191
STD 24115.028075
STN 24.494657
SVC 10.21742
SYP 12883.858981
SZL 19.816827
THB 37.09708
TJS 10.731491
TMT 4.077818
TND 3.427635
TOP 2.805259
TRY 49.532165
TTD 7.917001
TWD 36.455959
TZS 2842.8212
UAH 49.235746
UGX 4139.936989
USD 1.165091
UYU 45.74845
UZS 13910.428222
VES 289.625154
VND 30711.794538
VUV 142.222766
WST 3.250779
XAF 655.7858
XAG 0.020016
XAU 0.000276
XCD 3.148716
XCG 2.104569
XDR 0.815587
XOF 655.791427
XPF 119.331742
YER 277.75676
ZAR 19.715959
ZMK 10487.212054
ZMW 26.828226
ZWL 375.158775
  • RYCEF

    0.0500

    14.7

    +0.34%

  • CMSC

    0.0500

    23.53

    +0.21%

  • RIO

    0.1500

    73.88

    +0.2%

  • BCC

    0.1100

    74.37

    +0.15%

  • GSK

    -0.2550

    48.315

    -0.53%

  • NGG

    0.0450

    75.955

    +0.06%

  • SCS

    -0.0500

    16.18

    -0.31%

  • RELX

    0.0600

    40.6

    +0.15%

  • VOD

    -0.1470

    12.486

    -1.18%

  • BTI

    -1.0750

    56.965

    -1.89%

  • JRI

    0.0500

    13.8

    +0.36%

  • RBGPF

    0.0000

    78.35

    0%

  • AZN

    0.4500

    90.48

    +0.5%

  • BCE

    0.2200

    23.44

    +0.94%

  • BP

    -0.5600

    36.67

    -1.53%

  • CMSD

    0.0200

    23.34

    +0.09%

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
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

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

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

Text size:

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
[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, 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

(T.Renner--BBZ)