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Camino Identifies New Polymetallic Silver Mineralization and New Veins at Plata Dorada with up to 1,565 g/t Ag, 0.67 g/t Au, 1.19% Cu, 32% Zn, and 18.25% Pb

12.05.2021  |  Newsfile
Increases Mineral Claims to 5,500 Hectares

Vancouver, May 12, 2021 - Camino Corp. (TSXV: COR) (OTC: CAMZF) (WKN: A116E1) ("Camino" or the "Company") is pleased to announce new exploration results from its 100% owned Plata Dorada Copper and Silver project ("Plata Dorada" or "the Project") in Peru. In March 2021, the Company completed an exploration program at Plata Dorada and identified six new polymetallic veins, bringing the total to sixteen identified veins at the Project (see news release dated February 3, 2021). A rock chip sample taken along the Plata Dorada mesothermal trend identified a new copper and silver mineralized structure with a width of 0.5 m grading 1.19% copper (Cu), and 18.35 ppm silver (Ag). Camino also identified new areas of polymetallic vein mineralization south of the existing claim position and acquired 1,700 hectares (ha) of new claims for a total claim area of 5,500 ha (Figure 1).

The new mineralized veins hosting copper, silver, gold, zinc, and lead have rock chip sample grades up to 1,565 g/t silver (Ag), 0.67 g/t gold (Au), 1.19% copper (Cu), 32% zinc (Zn), and 18.25% lead (Pb). The rock chip samples range in width from 0.2 to 2.0 m across the veins and are found in a preferential direction from northwest to southeast parallel to the Andean trend. The individual polymetallic veins have been mapped with strike lengths up to 5 m, before disappearing under shallow cover. A summary of identified significant vein and channel sample results is shown in Figure 1 and Table 1.

Photo 1. Sample 91 - diorite filling of argentiferous galena, sphalerite, limonite, goethite and epidote

To view an enhanced version of Photo 1, please visit:
https://orders.newsfilecorp.com/files/1384/83725_e1ac9af2a4b1b9eb_001full.jpg

Jose Bassan, Chief Geologist at Camino, said, "We have identified veins with strong silver and copper anomalies at Plata Dorada, along the Andean trend. During our recent prospecting efforts, we have also identified a polymetallic system with silver, copper, gold, lead, and zinc in vetiform structures. Our early exploration results indicated that there is a very rich metal endowment in the area."

"We continue to increase our land position at Plata Dorada based on exceptional high-grade samples returned from subsequent reconnaissance traverses," said Camino CEO Jay Chmelauskas. "This is a region with a rich history of high-grade metal mines and discoveries."

Figure 1. Plata Dorada Project Historic (Orange) and New (Red) Claims with 2021 Sample Results

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/1384/83725_e1ac9af2a4b1b9eb_002full.jpg

High-grade silver samples 90 (0.4 m @ 1,565 g/t Ag) and 91 strike in the northwest to southeast direction and are spaced approximately 50 m apart. Sample 90 was taken across a 0.4 m wide outcropping vein. Sample 91 is a grab sample that is projected to be an extension to the vein in sample 90.

Historical artisanal mining shows a structural lineament in the Andean trend "Rumbo Andino" from northwest to southeast that contains multiple mineralized structures with directions varying from northwest to northeast, following the same trend from rock chip samples. The structures are subvertical with sigmoidal and lenticular shape on the surface, and filled with milky saccaroidal-quartz, iron oxides, argentiferous galena, sphalerite, and chalcopyrite. The veins are clearly identifiable around artisanal workings, but otherwise disappear under soil cover.

Camino is developing an exploration program that will include collecting over 450 soil samples for x-ray fluorescence (xrf) analyses, as well as detailed 1:2500 geological mapping of the mineralized structures with the goal of defining a drilling program by the end of 2021.

Plata Dorada is located 158 kilometers east of the city of Cusco. The Project can be accessed by a 2.5-hour drive along a paved highway from Cusco. There are 18th century records of colonial mining activities at several locations within 50 kilometers of Plata Dorada. Numerous pits and shallow underground workings exist on the property as a result of recent artisanal mining activities.

The 2021 channel samples were collected and analyzed by ICP-61, with digestion by four acids for 33 elements and fire assay for Au. The geochemical analyses of the samples were labelled according to analysis batch "LI21099746, LI21097983" & ME-MS61 & Cu-OG62 & Au-AA23 & Ag-GRA21 & Ag-OG62 & Pb-OG62 & Zn-VOL70 & Pb-VOL70 and sent to ALS global based in Lima, Peru for analysis.

Sample No. East North Elev. Area
Prospect
Channel
Width (m)
AZ Dip Silver
(Ag) g/t
Copper
(Cu)
%
Gold
(Au) g/t
Sampling
Info.
Pb PPM Zn PPM
2 278040 8495365
3,954 DORADA SUR 0.2 330 75NE 18 2.78 0.016 New vein 468 >10000
56 280001 8495809
4,291 HITHZA II 0.6 58 2.78 0.424 New vein 315 44
Hist_MARC027 280446
8496546
HITHZA II - 20 1,500 3.13 Historic
Hist_MARC024 280455
8496526
HITHZA II - 20 433 1.32 Historic
Hist_MARC028 280479
8496585
HITHZA II - 20 1,500 8.57 Historic
Hist_MARC025 280479
8496555
HITHZA II - 20 400 1.85 Historic
Hist_MARC029 280488
8496578
HITHZA II 0.3 20 323 1.95 2.12 Historic
Hist_MARC013 280503
8496657
HITHZA IV 0.5 20 222 2.45 0.44 Historic
Hist_MARC012 280504
8496661
HITHZA IV 0.7 20 1,030 2.47 0.718 Historic
Hist_MARC021 280505
8496598
HITHZA II 0.5 20 586 1.86 Historic
Hist_MARC016 280513
8496616
HITHZA II 1.5 20 1,430 1.45 1.125 Historic
Hist_MARC030 280647
8495706
HITHZA II 0.6 140 56 6.93 0.056 Historic
Hist_MARC031 280668
8495699
HITHZA II 0.6 140 42 5.97 Historic
Hist_MARC032 280684
8495685
HITHZA II 1.0 140 27 2.36 0.048 Historic
Hist_MARC033 280690
8495661
HITHZA II 0.5 140 117 3.51 Historic
53 280697
8495678
4,412 HITHZA II 0.8 345 68NE 39 1.51 0.119 New Sample 320 36
Hist_MARC034 280715
8495654
HITHZA II 1.0 140 19 0.99 Historic
Hist_MARC035 280732
8495618
HITHZA II 0.5 140 93 2.72 0.017 Historic
28 281289
8496214
4,375 HITHZA II 0.5 38 3.38 0.013 New vein 55 23
30 281683
8496325
4,246 TALI 1.4 10 45E 36 1.49 0.053 New vein 11 14
11 281950
8496998
4,010 TALI 1 0.3 190 60SE 1,500 5.76 0.03 New vein 148 723
Hist_MARC007 282270
8496653
TALI 1 0.4 140 31 1.54 Historic
Hist_MARC005 282280
8496665
TALI 1 0.5 140 17 1.01 Historic
32 282309
8496630
4,023 TALI 1 1.0 0 75SE 15 1.42 0.292 New Sample 23 64
31 282314
8496569
4,047 TALI 0.5 20 70W 21 1.25 0.353 New Sample 16 27
M-12 280714 8496976 HITHZA IV 463 0.74 0.78 Historic
M-13 280718 8496982 HITHZA IV 1500 3.13 1.33 Historic
M-14 280722 8496988 HITHZA IV 1500 8.57 1.52 Historic
M-15 280700 8496946 HITHZA IV 400 1.85 1.72 Historic
104 280624 8496945 4103 HITHZA IV 0.5 18.35 1.19 0.01 New Sample 10.2 31
Sample No. East North Elev. Area
Prospect
Channel
Width (m)
AZ Dip Silver
(Ag) g/t
Copper
(Cu)
Gold (Au)
g/t
Sampling
Info.
Pb-VOL70 % Zn-VOL70 %
89 279207 8485020 4,550 Dorada 4 0.5 883 0.15 0.49 New Sample 10.30 12.64
90 279214 8485011 4,552 Dorada 4 0.4 1565 0.26 0.48 New Sample 11.41 32.00
91 279163 8485055 4,516 Dorada 4 1565 0.25 0.67 New Sample 18.25 9.86
100 288526 8482296 4,615 Dorada 5 0.7 85 0.17 0.06 New Sample 1.99 0.02
102 280073 8496310 4,218 HITHZA II 2 71 0.37 0.06 New Sample 0.06 0.02
103 280073 8496310 4,218 HITHZA II 2 127 0.50 0.08 New Sample 0.21 0.16

Table 1. Channel Sample Results in 2021 and Historic Sampling at Plata Dorada

About Camino Minerals Corporation

Camino is a discovery and development stage copper exploration company. The Company is focused on advancing its high-grade Los Chapitos copper project located in Peru towards potential resource delineation and new discoveries. In addition, the company has commenced field studies at its copper and silver Plata Dorada project. Camino is currently closing the acquisition of the Maria Cecilia copper porphyry. The Company 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.

Jose Bassan MAusIMM (CP) 227922, MSc. Geologist, a Qualified Person as defined by NI 43-101, 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
/S/ "Jay Chmelauskas"
President and CEO

For further information, please contact:
Camino Investor Relations
info@caminocorp.com
Tel: (604) 608-4513

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 timing and results of upcoming exploration programs at Plata Dorada. Although the Company considers these statements 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 will be different than those expected by management, that the Company will be unable to obtain or will experience delays in obtaining any required 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.

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