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RNS Number : 4559H  Camino Minerals Corporation  06 May 2025

Camino Announces Exploration Results at Los Chapitos and Further Exploration
Plans in Peru

VANCOUVER, BC / ACCESS Newswire (https://www.accessnewswire.com/) / May 6,
2025 / Camino Minerals Corporation (TSXV:COR)(OTC PINK:CAMZF) (WKN: A116E1)
("Camino" or the "Company") is pleased to announce exploration results at its
Copper-Silver stratabound Los Chapitos copper project ("Los Chapitos" or the
"Project"), including drilling and additional mapping, trenching, and sampling
along both the La Estancia and Diva copper mineralized trends. The Company is
targeting large-scale disseminated manto-type copper-silver mineralization to
support resource delineation studies at Los Chapitos. Camino and its partner
Nittetsu Mining Co., Ltd. ("Nittetsu") plan to commence the next phase of
drilling in the second half of 2025. The Los Chapitos copper project is
located near the coastal city of Chala in the department of Arequipa in Peru.

Juan Carlos Castelli, Consulting Geologist from Chile, said "the Los Chapitos
property is inside the northern continuation of the metallogenic Cu-Ag belt
defined in Northern Chile, with operating mines such as Michilla, Las Luces,
and others. We are working with Camino and Nittetsu on an aggressive
exploration program, led by geological mapping and sections interpretations,
geochemistry and magnetometry focused to drill the best target areas to
increase the known resources in order to make a new economic copper
discovery", (Figure 1).

Yoshikazu Fujimoto, Senior Geologist at Nittetsu, stated that "the geological
work that we are completing at Los Chapitos is an effort to focus our
exploration taskforce on bulk mineralized targets and to screen a very large
land position of over 220 square kilometers that has many copper-mineralized
showings."

"To make new copper discoveries, we've got to step out and continue to drill
untested prospects. The geology at Los Chapitos indicates tremendous
prospectivity and notably, Rio Tinto has staked ground adjacent to our claims,
so we've got to put the drill where the bulk copper potential exists and keep
drilling. We plan to continue drilling in the second half of 2025 at new
discovery targets" said Jay Chmelauskas, CEO of Camino. "Camino is pursuing
two value creation fronts, developing our permitted Puquios copper mine in
Chile, and continuing to exploration drill for new copper discoveries in Peru
in 2025," Mr. Chmelauskas added.

The greenfield drilling campaign of 996.7m at the Pampero prospect increases
the meters drilled at Los Chapitos to a total of 27,624 m. 94% of the historic
drilling meters have been drilled along the Diva Trend, with significant
copper intercepts at Adriana, Lourdes, and Diana prospects. After increasing
the EIA permitted areas at the Project, Camino is now beginning to drill test
new prospective areas, particularly along the La Estancia fault for new copper
discoveries (Figure 1 and Figure 2).

Highlights:

·      The drilling campaign has validated the Pampero prospect as a
Cu-Ag mineral system to support more exploration along the Estancia thick skin
fault for economic copper intercepts.

·      Copper oxides mineralized in the Pampero area have shown
continuity at depth with geochemical results at drill hole DCH-118 with copper
grades up to 0.5%, silver 3.15 ppm at a depth of 157.6 m following the main
structural control.

·      Surface rock chip sampling over 500m at Pampero show geochemical
anomalies of copper, with grades up to 3.8% and 4.0 ppm silver, as black and
green copper oxides (chrysocolla, tenorite).

·      The geology at Pamperoexhibits chlorite-smectite alteration bands
linked to copper mineralization increasing the opportunity for discoveries at
Sombrero Blanco, the Company's next prospect to the southeast along the La
Estancia Fault.

·      More exploration work has been undertaken along the established
Diva Trend to generate step-out drilling targets at prospects such as Katty,
Diana, and Lourdes that have demonstrated significant copper intercepts in
previous drilling campaigns.

 

Figure 1. Locations of main copper exploration trend and targets.
(https://app.accessnewswire.com/imagelibrary/d8ff91ae-0349-4601-bf4f-c463f0843445/1023899/camino-05072025-img-1.jpg)

Camino's recent drilling campaign strategy has targeted prospects along the
untested copper trend of the La Estancia fault that spans over 12 kilometers
in NW-SE direction, parallel to the Diva Trend. New exploration targets at
Sombrero Blanco along the La Estancia Fault were geochemically sampled and
geologically mapped as potential next drilling targets, while historic
exploration targets like Katty, Diana, and Lourdes within the Diva Trend were
geologically reinterpreted and resampled to potentially expand the known
copper zones. The Company also plans to continue drilling campaigns and
surface mapping along the Diva, La Estancia and Atajo Trends to expand known
mineralized zones with many prospective targets (Figure 2).

 

Figure 2. Los Chapitos project portfolio.
(https://app.accessnewswire.com/imagelibrary/943e5a74-ecd0-496f-b9c1-fdacd08d6568/1023899/camino-05072025-img-2.png)

Greenfield drillholes at Pampero were located more than 10 km to the
north-west from the known copper mineralization in the Adriana copper zone
(Figure 1). The program was designed to test buried copper stratabound mantos
located near the copper-controlling structures like the Diva Fault Trend. In
this first drilling phase at the La Estancia Fault, a total of 10 drillholes
were completed to depths from 38 meters to a maximum of 200.4 meters for a
total of 996.7 meters drilled (Figure 3). Drilling results are summarized in
Table 1.

At Pampero, alteration and mineralization are controlled by the La Estancia
fault and secondary north west and north south trending faults. This set of
structures acted as feeders, while the volcanic rocks of the Chocolate
Formation acted as receptors. Camino has been prioritizing their exploration
in this volcanic sequence, which has the potential to host large-tonnage
copper deposits. The program successfully identified or extended oxide copper
mineralization northwest of the La Estancia fault, along the Pampero area
(Figure 1).

 

Figure 3. Geology and drillholes at the Pampero prospect
(https://app.accessnewswire.com/imagelibrary/2e27b6f1-6ee0-4b2f-9bb2-8d74bf88532e/1023899/camino-05072025-img-2.jpg)

Between December 2024 and March 2025, rock chips were sampled at Katty and
Sombrero Blanco in sub-outcrops and outcrops along handmade trenches (sampling
between 1m to 2m).

At Sombrero Blanco, 205 samples were taken with 78% of their total copper
grades higher than 0.1% Cu (copper) and maximum grades of 0.06ppm Au (gold)
and 12.0ppm Ag (silver), the chip sample V717989 over 1 m of sampling reached
grades of up to 2.75% Cu and 0.42 ppm Ag in copper oxides like malachite,
chrysocolla, and copper wad (Photo 1 and Figure 4).

At Katty, 25 samples were taken with 100% of their total copper grades higher
than 0.3% Cu and maximum grades of 0.1ppm Au and 26.8ppm Ag, the chip sample
V713818 over 2m of sampling reached grade up to 2.86% Cu and 26.2 ppm Ag in
copper oxides like malachite, chrysocolla, and copper wad (Photo 2).

 

Photo 1. Left: Camino team sampling at Sombrero Blanco. Right: close-up of the
mineralization in the trenches, green copper oxides (brochantite-malachite).
(https://app.accessnewswire.com/imagelibrary/574bdccf-2baf-499f-8a95-aa4e655fa76e/1023899/camino-05072025-img-4.jpg)

 

Photo 2. Left: Camino team sampling outcrops at Katty. Right: close-up of the
sampling site, occurrence of green copper oxides (malachite-chrysocolla).
(https://app.accessnewswire.com/imagelibrary/f78bf276-c487-49b7-b8da-a5e3818b5538/1023899/camino-05072025-img-5.jpg)

 

Figure 4. Geology and geochemistry of North Sombrero Blanco
(https://app.accessnewswire.com/imagelibrary/400a814c-df98-4af6-9b99-59aa46d248b8/1023899/camino-05072025-img-6.jpg)

Table 1. Summary of Drill Results March 2025, Los Chapitos Copper Project,
Peru

 HOLE ID  EASTING (GPS..)  NORTHING (GPS..)  AZIMUTH  DIP  LENGTH (M)  FROM           TO             WIDTH (M)      GRADE (% Cu)   GRADE (ppm Ag)  AREA
 DCH-113  563776           8270443           210      -46  150.0       91.0           92.5           1.5            0.14           0.87            Pampero Norte
 DCH-114  563775           8270443           270      -60  90.0        Traces Copper no more than 839 ppm and Ag 1.09 ppm                          Pampero Norte
 DCH-115  563716           8270464           90       -60  100.0       15.3           15.9           0.6            0.11           0.19            Pampero Norte
                                                                       31.6           34.4           2.8            0.24           1.38
                                                                       42.5           43.7           1.2            0.40           0.99
                                                                       83.8           84.6           0.8            0.11           0.23
 DCH-116  563782           8270461           270      -70  81.0        Traces Copper no more than 652 ppm, Ag 3.75 ppm and Au 0.082 ppm            Pampero Norte
 DCH-117  563697           8270384           90       -60  105.0       38.2           39.9           1.7            0.13           0.62            Pampero Norte
                                                                       50.0           51.4           1.4            0.13           0.24
 DCH-118  563815           8270321           315      -45  200.4       50.8           52.2           1.5            0.12           0.11            Pampero Norte
                                                                       157.6          158.1          0.5            0.50           3.15
                                                                       164.4          166.7          2.3            0.27           0.85
                                                                       169.7          171.2          1.5            0.33           0.32
 DCH-119  563823           8270259           180      -55  85.5        Traces Copper no more than 575 ppm and Ag 0.94 ppm                          Pampero Sur
 DCH-120  563935           8270208           165      -50  65.0        37.8           39.5           1.8            0.11           0.34            Pampero Sur
 DCH-121  563983           8270156           242      -60  81.8        14.6           16.0           1.4            0.13           0.24            Pampero Sur
                                                                       78.8           81.8           3.1            0.26           0.53
 DCH-122  563784           8270459           90       -50  38.0        Traces Copper no more than 939 ppm and Ag 0.53 ppm                          Pampero Sur

Final coordinates (East-North-Elevation, metric) taken at the end of the
drillhole using GPS model (GPS MAP 64) and measurement of the drill hole
trajectory with DeviGyro RG40 STANDARD tool every 5m according to protocol.

The potential quantity and grade of the exploration target expressed in this
release is conceptual in nature. The target is not necessarily indicative of
mineralization on the property and there has been 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.

Sampling and Assay Procedures

During this campaign, 10 drillholesand 230 chip sampleswere completed. Core
has been logged and sampled at the Company's facilities in the town of Chala,
15 km from the project. 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 Camino geological team complied with the
written internal QA/QC procedures, where the insertion of blank samples,
certified international standards (pulps) and duplicates, met the objectives
and acceptable results.

About Camino

Camino is a discovery and development stage copper exploration company. Camino
is focused on developing copper producing assets such as Puquios, a
construction-ready copper mine in Chile, 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 NI 43-101 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/a3p4) .

Jose A. Bassan, FAusIMM (CP) 227922, MSc. Geologist, an independent geologist
and 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.

 ON BEHALF OF THE BOARD  For further information, please contact:

Camino Investor Relations

/S/ "Jay Chmelauskas"
info@caminocorp.com

President and CEO
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 the prospectivity
of future exploration work at Los Chapitos, future planned drilling programs,
prospectivity for copper exploration in new targets; expectations for joint
ventures and/or strategic partnerships with respect to the Company's
properties and the receipt of necessary authorizations and approvals. 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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