STOCK TITAN

CAMINO MINERALS CORP - CAMZF STOCK NEWS

Welcome to our dedicated page for CAMINO MINERALS news (Ticker: CAMZF), a resource for investors and traders seeking the latest updates and insights on CAMINO MINERALS stock.

Camino Minerals Corp (CAMZF) is a copper exploration company focused on advancing its Los Chapitos copper project in Peru through resource delineation and new discoveries. The company recently commenced road building and drilling at its Maria Cecilia copper porphyry project. With over 30,000 meters of historical drilling at adjacent projects, Maria Cecilia offers a significant opportunity for a new copper discovery. Camino aims to drill up to two 750-meter holes to intercept a substantial magnetic anomaly and discover ore-grade copper mineralization.

Rhea-AI Summary

Camino Corp. (OTC PINK: CAMZF) announced the receipt of the Declaration of Environmental Impact permit for its Maria Cecilia copper project in Peru, allowing drilling of up to 23,000 metres on 20 platforms. Since 2012, the project has received around US $28 million in investments, including a maiden copper and gold resource unveiled in 2021. Historical drilling has reported grades of up to 6.7% Cu and a significant magnetic anomaly in the region. The company is now seeking its Start of Operations permit to begin preparations for drilling.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Camino Corp. (TSXV:COR)(OTC PINK:CAMZF) announced the final results of its 2022 drilling campaign at the Los Chapitos copper project. The campaign identified several new satellite areas with promising copper and silver mineralization, achieving a total of 1,513 meters drilled. Key yields include 55.5m at 0.93% Cu from surface. The company believes it is nearing the tonnage required for a small-scale mining operation and plans to continue exploration as permits are acquired. The findings bolster potential for expanding copper resources at Los Chapitos.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Camino Corp. (OTC PINK: CAMZF) announced promising drill results from the Los Chapitos copper project in Peru. Initial drilling at the Lourdes zone revealed a significant high-grade intercept of 1.23% oxidized copper over 31 meters. The current drilling campaign is set for 1,500 meters completion by mid-July, with final results expected in September. Additional exploration potential exists in connecting with the Diana zone, enhancing the project's scope. The company aims to expand exploration areas significantly pending environmental approvals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.95%
Tags
none
Rhea-AI Summary

Camino Corp. (OTC PINK:CAMZF) has successfully completed the first phase of its Spring 2022 drilling campaign at the Lourdes zone of its Los Chapitos copper project in Peru. The campaign involved three drillholes, with mineralization observed in two. The drillholes are being prepared for assaying, with results expected by late June or early July 2022. The company plans to proceed to the Condori zone for further exploration, aiming to enhance its copper resources.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Camino Corp. (TSXV:COR)(OTC PINK:CAMZF) has begun core drilling at the newly permitted Lourdes-Condori zones of its Los Chapitos copper project in Peru. These drill targets are located in previously undrilled areas and aim to identify bulk-scale copper mineralization that may support resource studies. Chief Geologist Jose Bassan noted the discovery of copper oxides along a road cut leading to the Lourdes zone, suggesting similar characteristics to the Adriana zone. CEO Jay Chmelauskas emphasized the potential positive impact on the copper market and Camino shareholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.82%
Tags
none
-
Rhea-AI Summary

Camino Corp (OTC PINK:CAMZF) has announced a drilling agreement with AK Drilling International S.A. for a 1,500-metre exploration program at its Los Chapitos copper project in Peru. The drilling aims to explore high-grade copper targets in a newly permitted area, with mobilization scheduled for May 15, 2022. The new drill targets are located near oxidized copper outcrops, potentially extending previous mineralization reported along a significant fault trend. This initiative aligns with Camino's strategy to enhance its copper exploration capabilities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Camino Corp. (OTC PINK:CAMZF) announced plans to begin road building and pad preparation for drill targets at its Los Chapitos copper project in Peru. The company has received necessary authorizations from the General Directorate of Mining to initiate activities, with drilling expected to start in May 2022. Key highlights include channel sample grades at Lourdes of up to 4.16% Cu and 26.9 ppm Ag, and at Condori, grades of 3.94% Cu and 24 ppm Ag. Los Chapitos spans 220 sq. km and shows significant potential for further discoveries.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Camino Corp. (OTC PINK:CAMZF) has received new drilling permits for its Los Chapitos copper project in Peru, allowing for 33 drill holes across 11 platforms. The Declaration of Environmental Impact permits target copper oxide zones at Lourdes and Condori, with significant channel sample grades up to 4.16% Cu and 26.9 ppm Ag at Lourdes. Field work has commenced, including mapping and core logging, with a focus on developing a 3D model for future resource estimates. The company anticipates additional permits for the Maria Cecilia project soon, potentially enhancing its copper exploration endeavors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Camino Corp. (OTC PINK:CAMZF) announced promising results from its exploration drilling at the Los Chapitos copper project, with 5 drillholes revealing copper mineralization over a 6.5 km strike, reaching grades of up to 1.05% Cu. The project has shown consistent cobalt mineralization and trace amounts of gold and silver. Future drilling is planned for the Lourdes outcrop, anticipated to begin early next year upon receiving new permits. The company aims to capitalize on the favorable geological conditions similar to the nearby Mina Justa copper mine.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.47%
Tags
none
Rhea-AI Summary

Camino Corp. (TSXV:COR, OTC PINK:CAMZF) announced plans for a new drilling campaign at the Maria Cecilia copper porphyry project in Peru. Following the acquisition from Denham Capital in July 2021, the company aims to initiate exploration activities including road construction and sampling. An environmental permit is under review, expected to be finalized in December 2021, allowing drilling to commence in early 2022. The project holds significant inferred resources, including over 120 million tonnes of copper, gold, silver, and molybdenum.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.62%
Tags
none

FAQ

What is the current stock price of CAMINO MINERALS (CAMZF)?

The current stock price of CAMINO MINERALS (CAMZF) is $0.0261 as of January 16, 2025.

What is the market cap of CAMINO MINERALS (CAMZF)?

The market cap of CAMINO MINERALS (CAMZF) is approximately 6.6M.

What type of company is Camino Minerals Corp?

Camino Minerals Corp is a copper exploration company focused on advancing its projects through resource delineation and new discoveries.

Where is the Maria Cecilia copper porphyry project located?

The Maria Cecilia project is located in Peru, in the Cordillera Negra mountain range in the Andes at an elevation of 4,300 meters.

What is the current focus of Camino Minerals Corp?

The current focus of Camino Minerals Corp is on drilling at the Maria Cecilia project to discover copper mineralization and estimate zonation in the porphyry stock for follow-up drilling.

What are the key highlights of Camino's recent drilling campaign?

The recent drilling campaign aimed to explore new zones of oxide copper mineralization at Diana and Lourdes zones and achieved success in identifying high-grade copper areas.

Who is Camino's exploration partner for the Los Chapitos Copper Project?

Nittetsu Mining CO., Ltd. is the exploration partner for Camino's Los Chapitos Copper Project and has made significant investments in the project.
CAMINO MINERALS CORP

OTC:CAMZF

CAMZF Rankings

CAMZF Stock Data

6.60M
166.63M
6.29%
14.08%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Vancouver