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Camino Minerals Corporation has begun its drilling campaign at the Los Chapitos copper project located in Peru. This initiative is backed by the Ministry of Energy and Mines, which has designated Los Chapitos as one of the 15 strategic exploration projects within the national initiative Peru Explora 2025-2026.
The mobilization of the drilling equipment is being carried out in collaboration with Nittetsu Mining Co., Ltd., the project partner. During the 2025 exploration campaign, several promising drilling targets were identified to discover new copper and silver deposits in previously unexplored areas. The areas of interest include sectors known as Mirador, Piloto, Maqui, and Sombrero Blanco, where favorable geochemical results have shown high copper and silver values.
Trench sampling results have indicated significant levels of mineralization, highlighting records of 129 meters at 0.98% copper and 20.59 ppm silver in Mirador, along with results reaching 4.3% copper and 25.5 ppm silver in Maqui. This mineralization is primarily associated with copper oxides and sulfides in intrusive and volcanic rocks, and a positive correlation between copper and silver has been established.
The start of drilling is scheduled for early November 2025. Camino Minerals plans to initially drill nine holes totaling 1,200 meters, with the intention of expanding this operation to 3,000 meters through an additional investment of $1.5 million from Nittetsu by the end of December 2025.
Los Chapitos benefits from a strategic location, providing significant logistical advantages due to its road access and proximity to the Pacific Ocean. In October 2025, the mobilization of excavators and drilling platforms is expected to finalize preparations for the operations.
Jay Chmelauskas, CEO of Camino, emphasized the importance of this recognition from the Ministry of Energy and Mines and noted the interest of major companies like Rio Tinto, which has acquired adjacent concessions to the project. Additionally, the company continues to develop the Puquios copper mine in Chile, reaffirming its commitment to exploration and mineral development in South America.
The Los Chapitos project has been selected as a priority for promoting the exploration of strategic minerals, which could attract new investments and strengthen the project portfolio in the region. Camino is committed to conducting responsible and sustainable exploration in Peru, as demonstrated by its collaboration with the Ministry and other organizations.
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Referrer: MiMub in Spanish
