Camino Minerals Announces Changes to Board and Project Updates
TSX Venture Symbol: COR
VANCOUVER, April 8, 2015 /CNW/ - Camino Minerals Corp. ("Camino" or the "Company") (COR: TSX-V), is pleased to announce that Mr. Joseph J. Ovsenek has joined the Board of Directors of Camino. Mr. Ovsenek has over 20 years of management and legal experience leading the growth of public resource companies. He is currently Executive Vice President and Chief Development Officer of Pretivm Resources Inc., and in this role oversees a broad scope of strategic corporate functions, including financing and project permitting. Prior to joining Pretivm in 2011, he served for 15 years in senior management roles for Silver Standard Resources Inc., most recently as Senior Vice President, Corporate Development.
Camino also reports that Mr. James W. Tutton has resigned from the Board of Directors, effective immediately. The Board wishes to thank Mr. Tutton for his many years of service to Camino and Canplats before that.
The Company is also providing an update of activities at its two high grade copper – silver projects in Peru. At the Red Beds project, the Company has signed an access agreement with the local community that covers the majority of the property. Field crews have been mobilized to site and will begin mapping and surface channel sampling programs. This work is in preparation for a diamond drilling program which is expected to commence shortly. At Plata Dorada, the Company has signed an access agreement with the local the local community that covers the known mineral showings. Over the next few months, work will focus on improving the road access to the mineralization, in preparation for a diamond drill program later in the year.
About Camino Minerals Corporation
Camino is a discovery-oriented mineral exploration company. The Company is focused on the acquisition and development of high grade copper and precious metal projects. For more information, please refer to Camino's website at www.caminominerals.com
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Neither the 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
Statements contained in this news release that are not historical fact are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of1995 and forward-looking information under the provisions of Canadian securities laws (collectively, "forward-looking statements"). Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Such risks and uncertainties include, but are not limited to, the company's ability to raise sufficient capital to fund exploration, changes in economic conditions or financial markets, changes in prices for the company's mineral products or increases in input costs, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments in Mexico, technological and operational difficulties or inability to obtain permits encountered in connection with exploration and development activities, labour relations matters, and changing foreign exchange rates, all of which are described more fully in Camino's filings on SEDAR. The company undertakes no obligation to publicly update or otherwise revise any forward-looking statements, whether as a result of new information, future events or other factors, except as required by law. Readers are cautioned not to place undue reliance on forward-looking statements.
SOURCE Camino Minerals Corp.
Contact
Corporate Information and Investor Inquiries: Ken McNaughton, President and Chief Executive Officer, Phone (604) 566-8778, info@caminominerals.com, http://www.caminominerals.com