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Camino Minerals Corporation Reports Exploration Results From Phase 2 Drilling Campaign at Costa De Cobre Project in Peru
Camino Minerals Corporation completed five drill holes along the Diva trend corridor, where drilling activities focused on the Adriana target with the objective of expanding the known mineralized body and improving the understanding of the scale and continuity of the mineralized system. The maximum drill hole depth was 260 metres and all five drill holes intercepted strong copper mineralization and spanned a strike length of approximately 400 metres. Adriana: DCH-131: 69.8 m @ 0.47% Cu & 4.17 g/t Ag, including 32.0 m @ 0.75% Cu & 6.50 g/t Ag, and 9.75m @ 1.25% Cu & 6.46 g/t Ag, including 3.90 m @ 2.99% Cu & 15.63 g/t Ag. Adriana DCH-132: 44.0 m @ 0.38% Cu & 1.87 g/t Ag, and 77.6 m @ 0.36% Cu & 1.63 g/t Ag, and 17.6 m @ 2.49% Cu & 12.58 g/t Ag. Adriana: DCH-133: 76.2 m @ 0.88% Cu & 2.03 g/t Ag, including 16.25 m @ 2.67% Cu & 6.82 g/t Ag. Adriana: DCH-134: 53.8 m @ 0.77% Cu & 4.45 g/t Ag, including 40.8 m @ 0.96% Cu & 5.43 g/t Ag. Adriana: DCH-135: 30.6 m @ 0.45% Cu & 2.38 g/t Ag, including 9.3 m @ 0.96% Cu & 6.12 g/t Ag. Costa de Cobre is Camino's second copper project with partner Nittetsu Mining Co Ltd., who is completing a 35% earn-in interest in Costa de Cobre after investing CAD 10 million and after the completion of the current drilling campaign. The Costa de Cobre copper project offers growth potential through both resource expansion and new discoveries, supported by established infrastructure, strategic partnerships with Denham Capital and Nittetsu Mining, and exposure to the rapidly growing global copper market. The recently completed 990.70 metres drilling program has increased total drilling at the Costa de Cobre Copper Project to 29,650 metres. Notably, approximately 91% of all historical drilling has been focused along the highly prospective Diva trend, extending approximately 7 km. In addition to the Diva trend, other major structural corridors, such as La Estancia and Atajo, extending approximately 18 km and 8 km, respectively, remain significant, underexplored, and present compelling targets for future drilling campaigns. Drilling in the vicinity of the Diva trend has expanded the mineralized footprint within the Adriana zone, highlighting the growth potential of the mineralized body. Five drill holes were completed along the highly prospective Adriana zone (holes DCH-131, DCH-132, DCH-133, DCH-134, and DCH-135). The project area within the Adriana zone is underlain by volcanic rocks of the Chocolate Formation, with pseudo-bedding displaying a strike of N250°-270° and a dip of 12°-30° to the NW. Up to three volcanic units have been identified, consisting of epiclastic sandstones, andesitic lavas, and lapilli tuffs, which are intruded by fine-grained monzodioritic hypabyssal bodies. Mineralization is structurally controlled by the NW-SE-trending Diva fault, which traverses the drilled area and segments it into the East and West block domains. Copper mineralization is primarily hosted within the volcanic and hypabyssal rocks as breccias and mantos related to this structure. Near the surface, copper oxides are preferentially concentrated within the breccia matrix, partially penetrating the clasts along fractures and microfractures, whereas deeper zones are dominated by sulfides, specifically chalcopyrite and bornite. At the Adriana target, recent drilling has intersected significant copper and silver mineralization across multiple intervals. Drill hole DCH-131 returned several mineralized zones, highlighted by an upper intercept of 12.8 m @ 0.57% Cu & 6.93 g/t Ag, a broad zone of 69.8 m @ 0.47% Cu & 4.17 g/t Ag, and a high-grade deeper intercept of 3.90 m @ 2.99% Cu & 15.63 g/t Ag near the bottom of the hole. The system remains open at depth, indicating potential for further mineralization. Drill hole DCH-132 also intersected substantial continuous mineralization, including a broad shallow interval of 44.0 m @ 0.38% Cu & 1.87 g/t Ag, another thick zone of 77.6 m @ 0.36% Cu & 1.63 g/t Ag, and a deeper high-grade intercept of 17.6 m @ 2.49% Cu & 12.58 g/t Ag. Additionally, drill hole DCH-133 intercepted an upper interval of 4.95 m @ 0.28% Cu & 2.12 g/t Ag followed by a significant continuous zone of 76.2 m @ 0.88% Cu & 2.03 g/t Ag, while DCH-134 successfully encountered 53.8 m @ 0.77% Cu & 4.45 g/t Ag starting nearly from the surface (0.5 m). Notably, assay results for drill hole DCH-135 confirmed multiple stacked mineralized horizons throughout the entire hole, highlighted by an upper zone of 19 m @ 0.40% Cu & 4.72 g/t Ag, an intermediate interval of 9 m @ 0.40% Cu & 2.26 g/t Ag, and a deeper zone of 16.3 m @ 0.30% Cu & 0.44 g/t Ag. These recent intercepts continue to support the continuity of mineralization and indicate the potential for additional high-grade zones within the Adriana zone. The Costa de Cobre exploration and development program is designed to systematically unlock the value of a district-scale copper-silver system through resource expansion, new discoveries, and progressive de-risking of the asset. Recent drilling supports the Company's geological model, indicating continuity of mineralization along the Diva Trend and suggesting that the system remains open both at depth and along strike. The next phases of exploration are focused on expanding known mineralized zones, testing multiple high-priority targets across the underexplored Diva, La Estancia, and Atajo structural corridors, and advancing the project toward resource delineation and future development milestones, with only a small portion of the prospective district and three copper corridors across the property systematically drill-tested to date. During this campaign, five drillholes were 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, an independent laboratory. 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.