peru current time

Local Communities and Camino Employees in Chala, Peru Receive First COVID-19 Vaccine Dose

Camino Corp. (TSXV:COR)(OTC PINK:CAMZF)(WKN:A116E1) ('Camino' or the 'Company') considers the health and safety of its workers and host communities a fundamental aspect of the Company's operations and is pleased to report that the Los Chapitos copper project's local community of Atiquipa, Jaqui, y Yauca, and the nearby township of Chala have started to receive their first COVID-19 vaccinations of Sinopharm. The vaccination program will benefit Camino's operations and improve overall safety conditions, as the Company has hired locally to staff its housing, operations, and to support and execute the geophysical program that is currently underway. During the pandemic, Camino provided the local community with COVID-19 testing kits, financial support for ranchers to purchase feed for animals, and food packages for those infected with COVID-19. Camino is also supplying the community of Atiquipa with 10 computer tablets and new satellite internet access, while the community's existing network is undergoing an upgrade. Other, non-local, Camino employees have also received vaccinations

With strict protocols in place, Camino remained active in Peru through the COVID-19 pandemic. The Company has recently raised $8M (see news release dated May 19, 2021) to continue its investment in Peru. Major milestones achieved during the COVID-19 pandemic at its Los Chapitos copper project include the 2020 drilling program (see news release dated January 19, 2021), various exploration programs, and a geophysics campaign (see news release dated July 6, 2021). The Company expects to start a drilling campaign at Los Chapitos in the middle of August, 2021.

During the COVID-19 pandemic, the Company also advanced exploration of its Plata Dorada silver and copper project and increased its land package (see news release dated May 12, 2021) and acquired the Maria Cecilia copper porphyry project (see news release dated March 30, 2021).

'We are very grateful that the local community of Atiquipa, Jaqui, y Yauca, the township of Chala, and our employees in Peru are starting to receive COVID-19 vaccinations,' said Jay Chmelauskas, CEO of Camino. 'This is a very dynamic time in Peru, with a new president inaugurated this week. The mining industry's investments and actions support Peru's development goals and initiatives through community investments, and employment and training, particularly in remote locations. I have been in Lima speaking with government transition teams and liaison offices to begin to position Camino for future opportunities. We are a very active entrepreneurial group with long-term vision and we are ready to review new opportunities and consider increasing our investment in the country.'

Photo 1. Vaccines received in Arequipa, Chala, Peru, July 2021

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
/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 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/657136/Local-Communities-and-Camino-Employees-in-Chala-Peru-Receive-First-COVID-19-Vaccine-Dose

News Provided by ACCESSWIRE via QuoteMedia

The Conversation (0)
Camino Minerals

Camino Minerals

Overview

From 2020 to 2021, copper prices increased 80 percent, resulting in an all-time high in 2021. These rising prices of copper coupled with the expected substantial increases in overall demand have made the copper industry a highly attractive market for investors.

Experts at Goldman Sachs project that the price of copper may rise 66 percent from $9000 per tonne to US$15,000 per tonne by 2025 to prevent inventory depletion and enable exploration and discovery for the long-cycle commodity. There is an increasing need for copper discovery as the global movement towards clean energy is expected to increase copper demand by anywhere from 600 to 900 percent by 2030.

Keep reading...Show less

Exploring Highly Prospective, Undermined Copper Territories in the Peruvian Coast

Nine Mile Metals

Nine Mile samples up to 18.27% Cu at Wedge

NINE MILE METALS ANNOUNCES XRF HIGH-GRADE RESULTS UP TO 18.27% COPPER FROM THE UPCOMING DRILL AREA AT THE WEDGE PROJECT, BATHURST, NEW BRUNSWICK

Nine Mile Metals Ltd. has released XRF (X-ray fluorescence) results for volcanogenic massive sulphide (VMS) mineralization grab samples collected from the coming drill area on the Wedge VMS project in the world-famous Bathurst mining camp (BMC) in New Brunswick, Canada. Discovered in 1956, Cominco operated the Wedge mine between 1962 and 1968, producing 1.5 million tonnes of predominantly copper ore. At the time of closure (head pillar collapsed), only the upper portion of the deposit was mined. The expectation is that the lower 60 per cent plus remains untouched based upon recent drill testing and extends at depth with the 3-D modelling.

Keep reading...Show less
Empire Metals

Empire Metals Limited Announces Appointment of Marketing Manager

Empire Metals Limited (LON:EEE), the AIM-quoted and OTCQX-traded resource exploration and development company, is pleased to announce the appointment of a Marketing Manager, a key role which, along with Empire's partnership with titanium marketing experts, TiPMC Consulting, strengthens the in-house marketing and product development team and supports the rapid advancement of the Pitfield Titanium Project ("Pitfield" or the "Project") in Western Australia.

Key Points

Keep reading...Show less
Empire Metals

Empire Metals Limited Announces Director/PDMR Shareholding

Empire Metals Limited (LON:EEE)(OTCQX:EPMLF),the AIM-quoted resource exploration and development company, announces that it was notified today that Mr Shaun Bunn, Managing Director, purchased 40,000 ordinary shares of no par value in the share capital of the Company ("Ordinary Shares") at a price of 36.25 pence each.

Following this purchase, Mr Bunn's total beneficial ownership in the Company is 2,251,111 Ordinary Shares representing 0.32% of the Company's issued share capital.

Keep reading...Show less
Empire Metals

Empire Metals Limited Announces Company Update

The Board of Empire Metals Limited (LON:EEE)(OTCQX:EPMLF), the resource exploration and development company, would like to respond to recent sharp decline in the Company's share price and would like to clarify that there has been no material change to the Company's operational or financial position to account for this movement. The Board remains confident in the Company's strategy, the progress being made at the Pitfield Titanium Project and the long-term value proposition for shareholders.

Empire continues to advance technical and commercial workstreams to unlock the Project's full potential and will update the market in due course on further developments. The Company is well funded to achieve upcoming milestones, underpinned by £4.5m fundraising in Q2 2025 and as at 30 June 2025 the Company's cash position was £6.3m.

Keep reading...Show less
High-Grade Copper-Gold Extensions at Nugent

High-Grade Copper-Gold Extensions at Nugent

Hillgrove Resources Limited (Hillgrove) (ASX:HGO) is pleased to provide the following drilling update from the Kanmantoo Copper Mine. The Nugent drilling program from the 1010 Diamond Drill Site and the 1040 Nugent Drill Site has been completed and delivered excellent results which improve the understanding of the Nugent orebody in preparation for first production. These results have increased the Gold endowment and improved knowledge of the Copper-Gold distribution.

Keep reading...Show less
Empire Metals

Empire Metals Limited Announces Director/PDMR Shareholding

Empire Metals Limited / LON:EEE / Sector: Natural Resources - Empire Metals Limited ("Empire" or the "Company")

Director Dealing

Keep reading...Show less

Latest Press Releases

Related News