Nittetsu Mining Invests $1.5 Million in Camino's Los Chapitos Project

Camino Minerals Corporation has received $1.5 million from Nittetsu Mining Co., Ltd. This payment supports the exploration and drilling at the Los Chapitos Copper Project in Peru. It marks the fifth earn-in payment under the agreement from 2023, where Nittetsu can acquire a 35% stake by investing $10 million over three years. So far, Nittetsu has invested $8.5 million.

The exploration campaign, set from June to November 2025, focuses on high-priority targets like the Katty prospect and the Sombrero Blanco target. These areas show promising copper mineralization, as indicated by previous and ongoing assessments. Additionally, historical data reveal high-grade copper findings at depth.

The collaboration between Camino and Nittetsu has expanded into Chile with the Puquios copper project, aiming towards production. Public and community engagement continues to be a priority in the permitting process at Los Chapitos.