This authorization coincides with the Environmental Impact Study ('EIA') expansion that was received in June, 2023 that allows the Company to explore over an area of 6,012 hectares.
The first phase covers approximately half of the EIA area; it is expected that the second phase will receive authorization in several months once a cultural review has been completed. The permit will enable Camino to commence road construction and preparations for its next exploration drilling campaign. Recent geological field work has identified new drilling targets over broad zones of potential mineralization to the south of Camino's main Adriana zone, and also to the north at the
'Recent geological mapping with our partner Nittetsu has identified broad areas to target new near-surface oxide copper. Nittetsu operates the Atacama Kozan mine in the prolific copper district of Candelaria, and our work over the summer included mapping with Chilean geologists who offer new ideas and bring their experience in the Candelaria district to our copper project in
About
Camino is a discovery and development stage copper exploration company. Camino is focused on advancing its high-grade Los Chapitos copper project located in
Contact:
Tel: (604) 493-2058
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 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 will be different than those expected by management, that the Company will be unable to obtain or will 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.
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