Camino Minerals Corp. is pleased to announce that it is arranging a non-brokered private placement to raise total gross proceeds of up to CAD$2,000,000 . The Financing will consist of the issue of up to 33,333,334 units at a price per Unit of CAD$0.06. Each Unit will consist of one common share and one common share purchase warrant , allowing holders to purchase an additional common share at an exercise price of CAD$0.10 [...]
Camino Minerals Corp. is pleased to announce the receipt of confirmation from exploration partner Nittetsu Mining Co., Ltd. that they will contribute their second option payment of CAD$1.5 million to support the next phase of exploration of Camino's Los Chapitos Copper Project in Peru. The exploration program that commenced in June 2023 focussed on mapping, trenching, and sampling at Los Chapitos to identify the most [...]
Camino Corp. reports that Rio Tinto has staked copper claims immediately adjacent to Camino's Los Chapitos Copper Project in Peru. Camino has also increased its claims at its Los Chapitos property by an additional 1,000 hectares. The Company has recently identified the deep-seated La Estancia Fault that extends for 12 kilometers in a northwest direction . The new land position by Rio Tinto follows the extension of this [...]
Camino Corp. together with its project partner Nittetsu Mining Co. Ltd , is pleased to announce that the recent geological mapping and geophysics program has identified the La Estancia fault , a deep-seated "thick skinned" fault structure through the centre of the property constituting the Los Chapitos Copper Project . The La Estancia fault extends for 12 kilometers in a northwest direction. Historically, Camino has made [...]
Camino Corp. is pleased to announce that it has received the first phase of its Start-of-Activities authorizations from the General Directorate of Mining of the Ministry of Energy and Mines to begin earth moving activities at the Company's Los Chapitos copper project in Peru. This authorization coincides with the Environmental Impact Study expansion that was received in June, 2023 that allows the Company to explore over [...]
Camino Corp. , together with its project partner Nittetsu Mining Co. Ltd , is pleased to announce that its mapping campaign and drone geophysics survey is underway at the Los Chapitos copper project . The campaign will focus on copper mineralized structures next to porous geological strata that could host bulk manto-style copper mineralization for follow up exploration drilling. The exploration methodology follows the [...]
Camino Corp. is pleased to announce that it has received approval of the Evaluation of the Environmental Impact Study for the Los Chapitos Copper Project . The Project area has been expanded to 6,012.50 hectares with the approval of the Modified Environmental Impact Study , allowing Camino to target exploration drilling at the Lagunillas, Diva, and part of the Atajo copper mineralized structural trends that cumulatively [...]
Camino Corp. is pleased to announce that it has entered into a Definitive Agreement with Nittetsu Mining Co., Ltd. for its Los Chapitos copper exploration project in Peru. Under the terms of the agreement, Nittetsu can earn a 35% interest in the Project by making payments and expenditures totalling CAD $10,100,000 over three years. Proceeds will be applied towards exploration, infill drilling, and metallurgical and [...]
Camino Corp. is pleased to announce the completion of its second annual Environmental and Social Governance disclosure submission with Digbee Ltd. . Camino's 2022 submission received a "BB" rating for its corporate and exploration activities relating to the Company's projects in Peru. "ESG is an integral aspect of the mining industry, as responsible project exploration and development brings benefits to all stakeholders [...]
Camino Corp. is pleased to announce that its field work and geological modeling has identified the Diana Zone as a new drilling target at the Los Chapitos copper project in Peru. Previous channel sampling over the Diana Zone yielded 1.05% total copper and 14 ppm silver over 56m. The Diana Zone appears stratigraphically related to recently discovered oxidized copper mineralization at the Lourdes Zone that was drilled in [...]
Camino Corp. is pleased to announce that on January 31, 2023, it has entered into a non-binding Letter of Intent to partner with Nittetsu Mining Co., Ltd. at its Los Chapitos copper exploration project in Peru. Nittetsu operates the Atacama Kozan copper mine located in northern Chile that was developed from an Iron Oxide Copper Gold deposit style similar to Camino's Los Chapitos Copper Project. Nittetsu can earn a 35 [...]
Camino Corp. is pleased to announce high solubility results over significant copper oxide intercepts in the new Lourdes Zone at its Los Chapitos property in Peru. The near-surface copper oxide minerals in drillholes DCH-97 and DCH-80 had acid solubilities of 83% and 79%, and total solubilities of 92% and 87%, respectively. The solubility results confirm continuity of oxide mineralization to a depth of at least 100 metres [...]