Microvast Holdings announces departure of chief financial officer
/s/ "Jay Chmelauskas"
Jay Chmelauskas, CEO
For Investor Relations contact:
Camino Investor Relations
info@caminocorp.com
Tel: (604) 493-2058
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 at Los Chapitos, the receipt of necessary authorizations and permits to conduct planned exploration work, the ability to fund exploration and development plans, and the acquisition of the Puquios Copper Project. 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 may be different than those expected by management, that the Company may 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.
GPT: Camino reports high-grade copper channel results at Los Chapitos
VANCOUVER - Camino Minerals Corporation (TSXV:COR) announced Tuesday that channel sampling at its Los Chapitos copper project in Peru yielded high-grade copper results, including 7 meters at 4.3% copper with 25.5 ppm silver and 18 meters at 1.57% copper with 11.36 ppm silver.
The results came from 12 excavated channels at the Katty prospect located in the Diva Trend, with all channels containing significant copper intercepts with associated silver mineralization.
According to the company, the copper mineralization is associated with oxide and sulfide forms hosted in intrusive rocks in contact with volcanic rocks along the newly identified Maqui fault, a secondary fault along the established Diva copper corridor.
"The recent channel results with copper grades as high as 2 to 4% copper and associated silver mineralization over significant intervals, are some of our best channel samples at Los Chapitos in a new area about 1 km south of our main Adriana zone," said Jay Chmelauskas, CEO of Camino.
The channel sampling spans an area of over 500 meters, with mineralization extending over an apparent surface area of approximately 700 meters by 650 meters at the Katty target.
The company is now in advanced planning stages for its next drilling phase to evaluate copper potential at depth. Camino noted that the Katty target is emerging as one of the most promising areas within the 8 km Diva copper corridor.
Los Chapitos is Camino’s second copper project with partner Nittetsu Mining Co., Ltd., which can earn a 35% interest upon completing a CDN$10 million investment. The company stated that Rio Tinto (NYSE:RIO) recently staked claims adjacent to Los Chapitos.
The company is also advancing its Puquios Copper Project with Nittetsu Mining in Chile.
This article is based on a press release statement from Camino Minerals Corporation.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.