RCS - Camino Minerals Corp - Camino Announces High-Grade Channel Results

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RNS Number : 1279N  Camino Minerals Corporation  17 June 2025

Camino Announces High-Grade Channel Results of 7 Meters @ 4.3% Copper, 25.5
ppm Silver and 18 meters @ 1.57 % Copper and 11.35 ppm Silver at Los Chapitos
in Peru

VANCOUVER, BC / ACCESS Newswire (https://www.accessnewswire.com/)  / June
17, 2025 / Camino Minerals Corporation (TSXV:COR)(OTC PINK:CAMZF) ("Camino"
or the "Company") is pleased to announce high‐grade copper channel results
from the Katty 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. A total of 12 excavated channels were completed at the
prospect and all channels contained significant high-grade intercepts of
copper with associated silver (Table 1). 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 (https://pr.report/bld5)
). Rio Tinto, a major copper producer, recently staked claims adjacent to Los
Chapitos (see news release dated May 17, 2024 (https://pr.report/bld6) ).
Camino is also advancing its mine development project, the Puquios Copper
Project, with Nittetsu Mining in Chile (see news release dated April 17, 2025
(https://pr.report/bld7) ).

Highlights:

·      New channel results include:

o  18 meters @ 1.57 % Cu and 11.36 ppm Ag

o  12 meters @ 2.3% Cu and 21.13 ppm Ag

o  7 meters @ 4.3% Cu and 25.5 ppm Ag

·      Copper mineralization associated with copper oxide and sulfides
hosted in intrusive rocks in contact with volcanic rocks.

·      Channel sampling located along newly identified Maqui fault, a
secondary fault along the established Diva copper corridor.

·      Strong positive correlation between copper and silver
mineralization.

·      Rock samples are representative, non‐selective, continuous
channel samples (each 1‐2m in width) of various rock types including
intrusive or volcanic rocks.

·      Exploration continues along the Maqui fault at Katty to identify
and prioritize drilling targets for the next drilling campaign.

Currently, the focus is on extending the mineral occurrence zone, evaluating
geological connections with both the Katty zone, the Koji South zone to
explore for a possible connection to the Adriana zone, that has demonstrated
the most continuous and significant copper mineralized zone at Los Chapitos
with over 20,000 meters of drilling completed. If mineralization continuity is
confirmed through exploration that connects Katty and Koji zones to Adriana,
the overall mineral system could be significant.

"The recent channel results with copper grades as high as 2 to 4% copper and
associated silver mineralization over significant intervals, are some of our
best channel samples at Los Chapitos in a new area about 1 km south of our
main Adriana zone of copper mineralization," commented Jay Chmelauskas, CEO of
Camino. "Katty is an area with insights developed over the past year by our
partner Nittetsu and our Peru geological team and consultants, we are now able
to re-evaluate the potential with a fresh perspective to connect and grow
copper mineralization in this area. Over the next 6 months, Camino remains
active with exploration drilling in Peru, while we advance our Puquios copper
mine development in Chile."

"The channel sampling spans an area of over 500 meters. We have seen similar
mineralization in the Adriana zone, located 1 km away, where historical
drilling intercepts have demonstrated high-grade copper at depth including 4.5
meters of 5.01% copper from 245.5 m in drillhole DCH-012 (see news release
dated May 26, 2020 (https://pr.report/bld8) ). The high-grade copper
intervals in the recent channels such as 7 meters of 4.3% copper are at
surface," said Jose Bassan, consulting geologist at Los Chapitos.

Alexandra Lostaunau, Camino geologist commented, "While the upcoming planned
drilling campaign will continue to prioritize and target near-surface copper
oxides, we will also consider copper sulfide targets at depth, providing
additional opportunities for larger discoveries. Over the last six months, our
team conducted detailed geological mapping at a 1:2,000 scale, with a clear
objective to better understand the style and size potential of mineralization
present at Katty. This detailed work has yielded results that exceeded our
expectations."

Figure 1. Location of the main exploration targets, Katty's target highlighted
in green.

Figure 2. Highlights of copper channel results at L, K.

The photographs show high-grade 2% to 4% copper oxides and sulfides such as
bornite.

Detailed geological mapping at a scale of 1:2000 within the Katty target has
resulted in the discovery of new zones with copper oxide mineralization and
the assignment of new high-value targets such as Maqui, Piloto, and Katty
(Figure 3). Exploration activities have been focused on the mapping and
sampling of copper oxides throughout the Diva Trend and secondary faults to it
in the Maqui Fault. The mineralization style is Cu-Ag in the form of mantos
hosted in dioritic porphyry (intrusive rock) in contact with andesitic
crystalline tuff (volcanic rock) and consists of copper oxides such as
malachite, chrysocolla, atacamite, and copper wad accompanied by sulfides such
as chalcopyrite, bornite and pyrite which is structurally controlled by the
Maqui and Diva faults.

Copper oxide mineralization at the Katty target extends over an apparent
surface area of approximately 700 meters by 650 meters. The area features
ground cover interspersed with outcrops of copper oxide mineralization,
suggesting continuity of the subsurface mineralized system.

The Camino geology team believes this mineralization could extend beyond the
outcrop area, beneath the ground cover. To evaluate this possibility, a total
of 42 samples were collected across 12 channels (Figure 3 and Table 1). All
results yielded grades greater than 0.3% copper, reinforcing the potential of
this area as a significant source of surface and near-surface mineralization.

Table 1. Summary of the channel sampling and best intercepts of copper and
silver

Figure 3. Geological map of the Katty target and the location of the 12
channels.

Figure 4. Highlights of copper channel results at A, B, C ,D. The hand sample
photographs show mainly copper oxides such as malachite and atacamite.

Figure 5. Highlights of copper channel results at E, F, G, H. The hand sample
photographs show mainly copper oxides such as malachite, chrysocolla, copper
wad and chalcopyrite.

The Katty target has shown good rock geochemical results, indicating the
presence of a Cu-Ag mineralized system with high potential for discovery.
These results significantly strengthen the geological model of the area and
support the exploration approach adopted.

Based on the encouraging data, the Company is pleased to announce that it is
in an advanced planning stage to begin the next drilling phase, with the goal
of also evaluating the copper potential at depth for resource definition and
enhancement. The Katty target is now emerging as one of the most promising
areas within the 8 km Diva copper corridor at Los Chapitos.

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. 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
(https://pr.report/bld9) .

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 document. Mr. Bassan has reviewed and verified relevant data
supporting the technical disclosure, including sampling and analytical test
data.

 ON BEHALF OF THE BOARD  For further information, please contact:
 /S/ "Jay Chmelauskas"   Camino Investor Relations
 President and CEO       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, 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

 

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