Camino Minerals Corp. and Nittetsu Mining Co., Ltd. announce a one-week extension to their exclusive rights to finalize negotiations and documentation for the acquisition of the Puquios Project , a construction-ready copper mine located in Chile . The exclusivity period has been extended to September 14, 2024. About Nittetsu Mining CO., Ltd.: Nittetsu is a Japanese corporation listed on the Tokyo Stock Exchange with an [...]
Camino Minerals Corp. and Nittetsu Mining Co., Ltd. announce a one-week extension to their exclusive rights to finalize negotiations and documentation for the acquisition of the Puquios Project , a construction-ready copper mine located in Chile . The exclusivity period has been extended to September 7, 2024. About Nittetsu Mining CO., Ltd.: Nittetsu is a Japanese corporation listed on the Tokyo Stock Exchange with an [...]
Camino Minerals Corp. is pleased to announce that it has been granted exclusivity to complete due diligence and negotiate documentation by August 31, 2024, to acquire the Puquios Project, a construction-ready copper project located in Chile, approximately 130 km northeast of La Serena, Coquimbo region . Camino has signed a non-binding Letter-of-Intent dated May 29, 2024, to acquire the Project in a 50:50 joint venture [...]
Camino Minerals Corp. is pleased to announce the receipt of the third option payment of CAD$1.5 million from exploration partner Nittetsu Mining CO., Ltd. to support the next phase of exploration of Camino's Los Chapitos Copper Project in Peru. The funds constitute the third option payment by Nittetsu under the terms of the Definitive Agreement that Camino entered into with Nittetsu in 2023 . Under the terms of the [...]
Camino Minerals Corp. is pleased to announce that the discovery drilling campaign at its wholly-owned Maria Cecilia copper porphyry project in Peru will commence on June 1, 2024. The purpose of the drilling campaign at Maria Cecilia is to discover copper mineralization and to enable Camino to estimate the corresponding zonation in the porphyry stock for further follow-up drilling. Over 30,000 metres of drilling, including [...]
Camino Corp. is pleased to announce that it has increased its claims at its Los Chapitos copper property by an additional 1,700 hectares. In a land auction, Camino successfully competed against other bidders that included Rio Tinto, to gain titles to new exploration claims immediately adjacent to the Company's Los Chapitos copper claims. The claims increase brings the Los Chapitos areas to a total of 22,571 hectares. This [...]
Camino Minerals Corp. is pleased to announce exploration results from step-out drilling at its Los Chapitos copper property near the coastal city of Chala in the department of Arequipa in Peru. New exploration targets at Diana, Lourdes, Koji Norte, and Koji Sur; were tested for the first time where the Company is targeting large-scale disseminated manto-type copper mineralization to support resource delineation studies at [...]
Camino Minerals Corp. is pleased to announce that it has commenced road building and drilling pad construction at its wholly-owned Maria Cecilia copper porphyry project in Peru. Activities started at the end of March, with drilling to commence by the end of April 2024. Approximately 6 kilometers of roads will be constructed to connect to the existing road network in the area. The Maria Cecilia project is located in the [...]
Camino Minerals Corp. is pleased to announce that Chris Adams, former head of Macquarie's mining finance business in the Americas, has joined the Camino Board of Directors. In addition, David Baker has stepped down as a Director of the Company and joined the Camino executive team full-time as Chief Financial Officer. Mr. Adams has over 30 years of mining finance experience and particular mining knowledge in the Americas [...]
Camino Minerals Corp. is pleased to announce that is 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 in accordance with its stock option plan. "The Company has not issued any incentive stock options for two years since September 2021," said Jay [...]
Camino Minerals Corp. is pleased to announce that it has closed its non-brokered fully-subscribed private placement for gross proceeds of $2,000,000 . The primary use of the gross proceeds will be the commencement of drilling activities at the Company's 100% owned Maria Cecilia porphyry complex ,corporate working capital, and business development activities. Two drilling campaigns are planned in Peru for the first half of [...]
Camino Minerals Corp. is pleased to announce that it 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. GCP is a Peruvian drilling company with a successful track record of drilling programs in Peru since 2011. The drilling rig will mobilize to Los Chapitos on December 18th, with the drilling campaign expected [...]