Base Metals

Camino Corp. (TSXV:COR) (OTC PINK:CAMZF) (WKN:A116E1) ('Camino' or the 'Company') is pleased to announce the commencement of a geophysics campaign at its Los Chapitos copper project consisting of 258 line km of Magnetic Vector Inversion Modelling ('Magnetic Survey' or the 'Survey'). The Survey is targeting locations of previously reported sampling of artisanal workings (see news release April 13, 2021) that returned up to 5.12% copper (Cu) and 9.33 gt gold (Au), with the vein samples measuring 0.3 to 0.6 metres (m). This area, known as Lidia, is a large 3 km by 4 km area that is geochemically anomalous for high-grade copper and gold, with 238 samples taken in 201819 averaging 0.78 % Cu, and up to 23% Cu and 11 gt Au. The Survey is wide ranging and will also cover the large alterations zones at the Lourdes and Condori areas, with extensions to the Lagunillas fault and Diva West. The Magnetic Survey will help Camino identify subsurface structure and, potentially, the continuity and dissemination of copper and gold mineralization at depth

'Our geophysics campaign is aimed at extending mineralization 4 to 5 km to the north of previously drilled areas. We will be surveying zones of high-grade copper and gold sampled in artisanal workings, and also areas with massive alteration zones. The massive alteration zones are co-incident with oxidized copper outcrops, so could provide the fluid mechanism for significantly more disseminated copper mineralization,' said Jay Chmelauskas, Camino's CEO. 'The Magnetic Survey and results will be completed in July to guide the drilling campaign at Los Chapitos that will start in August.'

Camino's Chief Geologist Jose Bassan said, 'our geological modelling includes lithology and alteration zonation and cross cutting features that is focused on developing a predictive discovery model to apply across our extensive Los Chapitos copper property. The geophysical study covers new areas of copper mineralization, beyond our current drilling, and complements the geological models being developed by Camino's geological team.'

Figure 1. Long Section of Diva Trend with Historic Magnetic Anomalies

The work carried out by Arce Geophysics in 2016-2018 in the Adriana zone showed a spatial correlation between the high magnetic anomalies and the mineralized intercepts of the Adriana and Carlota bodies. The magnetometric anomalies show the lineament of the Diva trend copper oxide mineralization and its relationship with some of the intrusive dioritic and monzonitic lithologies. Anomalies are shown next to previous successful drilling at Adriana with copper mineralization up to 300 m depth (see news release January 19, 2021) and towards the south at Maria and Pilar.

Figure 2. Proposed Geophysical Survey Extension July 2021

The hatched area shown in Figure 2 is the location of the Magnetic Survey underway that covers the Lourdes-Condori-Lidia areas and other areas. The ground magnetometry will trend SW-NE profiles with 100 metre line spacing that will include 69 profiles with a total of 257.8 line km. The method used will be Magnetization Vector Inversion (MVI) modelling that has previously shown good correlation with magnetic bodies to reveal structures and responses of magnetic changes at depth. The lines will have a 100 metre overlap with the previous magnetometry surveys conducted in 2016-2018. The data will be levelled and re-modelled to unify results from all surveys in this trend from 2016-2018 with the new results from 2021. Magnetization Vector Inversion (MVI) is a 3D inversion technique that inverts for both amplitude and direction of the magnetization and produces more geologically reasonable results in areas with complex magnetic features.

About Arce Geofisicos

Arce Geofísicos started operations in 1960 and has conducted geophysical surveys and consulting studies in Perú, Colombia, Chile, Ecuador, Bolivia, Panamá, Guyana, México, Guatemala, El Salvador, Honduras, Nicaragua, Dominican Republic, Argentina, and Canada. The company has offices in Lima and Medellín. Arce Geofisicos has completed over 1,349 surveys with over 15,893 kilometres of ground magnetometer profiles, 944 kilometres of UAV magnetometry and 14,001 kilometres of induced polarization surveys.

About HSEC

HSEC holds international certifications ISO 9001, ISO 14001 and ISO 45001, offering clients the highest standards in survey quality, as well as environmental, and health and safety. Active members of the Ground Geophysics Survey Safety Association (GGSSA), participating in worldwide HSEC statistics and method standard development.

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.

ON BEHALF OF THE BOARD

For further information, please contact:

/S/ 'Jay Chmelauskas'

Camino Investor Relations

President and CEO

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 potential for large bulk mining IOCG ore bodies at Lidia, the prospectivity of future exploration work on the Los Chapitos, Plata Dorada, and Maria Cecilia projects, or that actual results of exploration and engineering activities are consistent with management's expectations. 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 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.

SOURCE: Camino Minerals Corp.



View source version on accesswire.com:
https://www.accesswire.com/654302/Camino-Geophysics-Survey-Targets-Known-High-grade-Copper-and-Gold-Mineralization-at-the-Northern-Extension-of-Los-Chapitos

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Lundin Mining Reports Contractor Fatality at Neves-Corvo Mine

TSX: LUN ) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is saddened to report a fatality at its Neves-Corvo mine in Portugal late in the evening local time Friday, September 30, 2022 . In an isolated incident underground, the employee of a materials handling contractor was fatally injured while operating a piece of mobile equipment.

"It is with deep sadness that we report the tragic loss of a contractor colleague. Our thoughts are with the family, friends and our Neves-Corvo team at this difficult time. The safety of our employees and contractors remains our top priority," said Peter Rockandel , President and CEO of Lundin Mining.

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Lundin Mining Announces Updated Share Capital and Voting Rights

Lundin Mining Logo (CNW Group/Lundin Mining Corporation)

TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act:

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Turquoise Hill Announces Receipt of Interim Order for Proposed Arrangement with Rio Tinto and Provides Details of Shareholders' Meeting

Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) ("Turquoise Hill" or the "Company") is pleased to announce that the Supreme Court of Yukon (the "Court") has granted an interim order (the "Interim Order") in connection with the previously announced statutory plan of arrangement under section 195 of the Business Corporations Act (Yukon), pursuant to which, among other things and subject to the satisfaction or waiver of all applicable conditions precedent, Rio Tinto International Holdings Limited ("Rio Tinto") will acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto and its affiliates do not currently own (the "Minority Shares") for C$43.00 per share in cash (the "Arrangement"). The Interim Order authorizes the calling and holding of a special meeting (the "Special Meeting") of the Company's shareholders, the granting of dissent rights to registered shareholders and other matters relating to the conduct of the Special Meeting.

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Ero Copper announces discovery of nickel sulphide system in the Curaçá Valley; intercepts 16.5 meters grading 1.22% nickel, including 3.8 meters grading 3.60% nickel

Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the "Company") is pleased to announce the discovery of a regional nickel sulphide system within the Curaçá Valley over an initial strike length of five kilometers. The system remains open in all directions and is highlighted by multiple surface expressions of nickel mineralization. Results from first-pass drilling conducted on two of the identified zones along the currently interpreted northeast and southwest boundaries of the system are highlighted by:

  • VB Zone
    • VB-17: 16.5 meters at 1.22% Ni, 0.17% Cu and 0.03% Co (1.37% NiEq), including 3.8 meters at 3.60% Ni, 0.22% Cu and 0.09% Co (3.92% NiEq)
      • Interval includes 1.5 meters of massive-sulphide textures (~80% sulphides) grading 6.59% Ni, 0.26% Cu and 0.17% Co (7.11% NiEq)
    • VB-25: 30.4 meters at 0.63% Ni, 0.12% Cu, 0.02% Co (0.72% NiEq), including 5.1 meters at 2.06% Ni, 0.25% Cu, 0.05% Co (2.28% NiEq)
      • Interval includes 1.4 meters of massive-sulphide textures (~60% sulphides) grading 4.94% Ni, 0.14% Cu, 0.12% Co (5.30% NiEq)
  • Lazaro ("LZ") Zone
    • LZ-03: 24.1 meters at 0.81% Ni, 0.18% Cu and 0.04% Co (0.97% NiEq), including 13.0 meters at 1.11% Ni, 0.25% Cu and 0.05% Co (1.33% NiEq)
    • LZ-06: 22.5 meters at 0.84% Ni, 0.15% Cu and 0.05% Co (1.02% NiEq), including 8.0 meters at 1.34% Ni, 0.25% Cu and 0.07% Co (1.61% NiEq)
    • LZ-07: 17.7 meters at 0.93% Ni, 0.21% Cu and 0.05% Co (1.14% NiEq), including 5.0 meters at 1.15% Ni, 0.20% Cu and 0.06% Co (1.38% NiEq)

The newly discovered nickel system, known as the "Umburana System", is located approximately 20 kilometers from the Company's existing Caraíba processing facilities. The system was discovered using new detailed field mapping and soil geochemistry collected during the Company's 2021 and 2022 exploration programs in conjunction with the Company's airborne electromagnetic ("AEM") survey. First-pass drilling comprised of 48 drill holes initially testing where ultramafic rocks have been mapped at surface. The ongoing program has identified large intervals of disseminated and interstitial nickel sulphides as well as zones of high-grade semi-massive (containing approximately 30% to 60% sulphides) and massive sulphides (containing approximately 60% to 80% sulphides), with massive sulphide intercepts up to 1.5 meters in thickness grading up to 6.59% nickel (7.11% NiEq). Nickel mineralization outcrops at surface, is evident in trenches and remains open down-plunge. Maximum depth of drilling to date is approximately 300 meters below surface. There are four exploration drill rigs currently operating on the system.

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American West Metals

New Copper System Confirmed At The Storm Project, Canada

American West Metals Limited (American West Metals or the Company) (ASX: AW1) is pleased to report that initial assay results from drill hole ST22-10 have confirmed a significant discovery at the Storm Copper Project (Storm or the Project) on Somerset Island, Nunavut, Canada.

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VIDEO: Cyprium Metals Ltd MD Barry Cahill on the Nifty Copper Project Restart Update

Perth, Australia (ABN Newswire) - Cyprium Metals Limited (ASX:CYM) has continued to progress the refurbishment of the project whilst the Company is conducting a finance process for the restart the operation.

HIGHLIGHTS

- Majority of the operational readiness and environmental clean-up activities have now been completed

- To reduce operational expenditure whilst maintaining the Nifty site in good order, workforce has been temporarily downsized until the finance process is complete

- Advanced discussions are continuing with debt financiers, who are undertaking due diligence activities and reviewing financing documentation

Managing Director Barry Cahill commented:

"The finance process to fund the Restart of the Nifty Copper Project continues with multiple parties.To conserve funds, we have reduced personnel throughout the organisation until we complete the financing and commence the refurbishment schedule in earnest.

Our personnel have done an excellent job in getting Cyprium to the go line for when the finance process is completed and progress to date has been remarkable, as can be seen in the photos. Many people have told me that they would like to return to Nifty, if they are available, to build the roject and plate copper. We look forward to welcoming them back to the Cyprium family."

To watch the Video, please visit:
https://www.abnnewswire.net/press/en/114080/cym



About Cyprium Metals Ltd:

Cyprium Metals Limited (ASX:CYM) is poised to grow to a mid-tier mining business and manage a portfolio of Australian copper projects to deliver vital natural resources, strong shareholder returns and sustainable value for our stakeholders. We pursue this aim, in genuine partnerships with employees, customers, shareholders, local communities and other stakeholders, which is based on integrity, co-operation, transparency and mutual value creation.



Source:
Cyprium Metals Ltd

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