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Company Profile

Camino Minerals Corp

 

 

 

 

 

 

Camino Minerals Corp. (TSX-V:COR) is a discovery-oriented mineral exploration company. The Company is exploring for high grade copper and precious metal projects, primarily in the mining friendly regions of Peru and the United States. Camino believes that shareholder value is best created through identifying and shepherding mineral prospects into resources that can be marketed to producers.

 

 

History

 

Camino was formed in connection with Goldcorp Inc.’s C$300-million acquisition of Canplats Resources Corp. The transaction closed February 4, 2010. Canplats shareholders received, for each Canplats common share, C$4.60 in cash and 1 share of Camino, which listed April 22, 2010.

 

Canplats discovered the Camino Rojo gold project, located in Mexico and 50-km to south of Goldcorp’s Penasquito, in 2007. In less than one year’s time, Canplats had outlined 3.44 million ounces gold and 60.7 million ounces silver in measured and indicated resources with additional inferred resources of 0.55 million ounces gold and 7.6 million ounces silver. In late 2009, Canplats was the subject of a bidding war between Goldcorp and Minera Penmont (a company jointly owned by Fresnillo and Newmont), which Goldcorp subsequently won in a deal worth more than C$300-million.

 

 Projects

 

Los Chapitos- Copper/Silver Project – Peru

 

 

 

Read Los Chapitos Project Summary Here

 

 

 

 

Los Chapitos is a new high grade copper discovery made by Camino in 2017. The project is located approximately eight hours south of Lima via the Pan American Highway and is accessible by a 15-kilometer road near the coastal town of Chala. The discovery hole was 106 meters averaging 1.30% copper and a fully funded 20,000 meter program of diamond drilling is currently underway. Work to date has identified six zones of copper mineralization on the 7,700 hectare (30 square mile) property.

 

 

 

 

 

Lost Cabin Gold/Silver Project – U.S.

 

 

 

The Lost Cabin property is located in southern Oregon on the northwest extension of the Nevada Basin and Range Province. An undeveloped epithermal gold-silver system outcrops on the property and grab samples of up to 38 grams of gold per tonne have been assayed. Camino has already identified drill targets and the project has been permitted for drilling.

 

 

Plata Dorado Project – Peru

 

Read Plata Dorado Project Summary Here

 

The Plata Dorada Project is located in the eastern Andes east southeast of the city of Cusco. The 1,800 hectare (seven square mile) property is wholly owned by Camino and except for the company’s work, no modern exploration has been undertaken on the project area. Camino has identified two zones and the mineralization is structurally hosted, polymetallic quartz-sulphide veins averaging 0.5 meters to 1.5 meters in width. Chip sample assays have ranged from 0.3% to 8.7 % copper, 70 grams per tonne to +1,500 grams per tonne silver, and trace to 2.1 grams per tonne gold.

 

 

 

Management and Directors

 

 

 

Management

   

 

Kenneth C. McNaughton , M.A. Sc., P.Eng.

President, Chief Executive Officer, Director

 

Mr. McNaughton is a professional geological engineer with over 30 years of global experience developing and leading mineral exploration programs. He joined Pretivm Resources Inc. in 2011 as Vice President & Chief Exploration Officer. Prior to that, he was Senior Vice President, Exploration for Silver Standard Resources Inc. For almost 20 years he had been responsible for all exploration, as well as early stage metallurgical and engineering programs for Silver Standard and Canplats Resources. Prior to joining Silver Standard, he worked for Corona Corporation and its affiliate Mascot Gold Mines Ltd. as a project geologist and engineer for projects in British Columbia. Mr. McNaughton holds a Bachelor of Applied Science degree and a Master of Applied Science degree in geological engineering from the University of Windsor, and is a registered member of the Association of Professional Engineers and Geoscientists of British Columbia.

  

 

Ken Konkin, P. Geo.

General Manager Exploration Peru

 

Mr. Konkin is a professional geologist who has managed precious and base metal exploration programs for 30 years throughout North America, South America and Russia. He has extensive geological experience in the British Columbia, Mexico, and Peru. Most recently, he was the project manager for the surface exploration programs at the Brucejack/Snowfield Projects for Pretivm. He also managed numerous grass roots through advanced stage projects for Silver Standard Resources, including Manatial Espejo in Argentina, San Agustin in Mexico, San Luis and Berenguela in Peru. Mr. Konkin holds a Bachelor of Science degree from the University of British Columbia.

 

 

W. Perry Durning, M.Sc.

Consultant

 

Mr. Durning has been active in mineral exploration for over 43 years. He graduated with a B.Sc. in geology from San Diego State University and a M.Sc. in Economic Geology from the University of Arizona. Mr. Durning has worked extensively throughout the western U.S.A., Mexico and Central and South America. During his career he worked for Amax Exploration, SAGE Associates and Occidental Minerals, before becoming Exploration Manager and then President of Fischer-Watt Gold Co., Inc. Mr. Durning cofounded La Cuesta International, Inc. in 1993 and has worked primarily in Mexico since that time. Much of his career has focused on grassroots exploration in pioneering areas. Mr. Durning and Mr. Hillemeyer were selected by the PDAC as the 2010 co-award winners of the Thayer Lindsley Award in recognition for La Cuesta’s multiple grassroots discoveries in Mexico.

 

 

 

F. L. “Bud” Hillemeyer, M.Sc.

Consultant

 

Mr. Hillemeyer has been actively involved in mineral exploration in the United States and Latin America for more than 27 years. Mr. Hillemeyer has conducted extensive exploration programs in the western U.S., Mexico, Honduras and Costa Rica. He graduated from the University of California at Berkeley with a B.A. in Geology and from San Diego State University with a M.Sc. in Geology. Mr. Hillemeyer co-founded La Cuesta International, Inc. in 1993 and has worked with an extensive array of clients including Kennecott, Meridian Gold, BHP, MIM, Hecla Mining, Crown Resources, Monarch Resources, Silver Standard Resources, Canplats Resources and others. Mr. Hillemeyer was recognized for his success in mineral exploration as the co-recipient of the 2010 Thayer Lindsley Award for an international mineral discovery. The award recognized Mr. Hillemeyer and his partner, Perry Durning, for their grassroots discoveries in Mexico including the San Sebastián, San Agustin, Pitarrilla and Camino Rojo projects.

 

 

Directors

  

Kenneth C. McNaughton , M.A. Sc., P.Eng.

President, Chief Executive Officer, Director

 

Mr. McNaughton is a professional geological engineer with over 30 years of global experience developing and leading mineral exploration programs. He joined Pretivm Resources Inc. in 2011 as Vice President & Chief Exploration Officer. Prior to that, he was Senior Vice President, Exploration for Silver Standard Resources Inc. For almost 20 years he had been responsible for all exploration, as well as early stage metallurgical and engineering programs for Silver Standard and Canplats Resources. Prior to joining Silver Standard, he worked for Corona Corporation and its affiliate Mascot Gold Mines Ltd. as a project geologist and engineer for projects in British Columbia. Mr. McNaughton holds a Bachelor of Applied Science degree and a Master of Applied Science degree in geological engineering from the University of Windsor, and is a registered member of the Association of Professional Engineers and Geoscientists of British Columbia.

 

 

Guillermo Lozano-Chavez, M.Sc., MBA

Director

 

Mr. Lozano is a Professional Geologist with over 35 years of experience in mineral exploration in Latin America; He was Vice President of Exploration for First Majestic Silver Corp., where he was responsible for all exploration programs in and around five operating mines. Before joining First Majestic Silver, he was Director of Exploration for Silver Standard Resources Inc., where he managed their Mexico exploration and overviewed their Peruvian and Argentinian exploration activities from 2002 through 2012. Prior to coming to Silver Standard, he worked as a consultant for several international companies in Mexico, Central and South America, He started his career working for Penoles Group as an exploration geologist and mine manager. Mr. Lozano holds a Bachelor of Science in Geological Engineering from the National Polytechnical Institute of Mexico City, a Master of Science degree in Geology from the University of Missouri at Columbia, and a Master of Business Administration in Finance from the University of Texas at El Paso.

 

 

Peter de Visser, CA

Director

 

Peter de Visser CA., recently retired as the Chief Financial Officer (CFO) of Pretivm and was also the CFO of Camino Resources Ltd. Prior to that he was the managing and founding partner of De Visser Gray Chartered Accountants LLC. of Vancouver BC.

 

 

R.E. Gordon Davis, P.Eng.

Director

 

Gordon Davis was the Chairman and CEO of Canplats, and is currently a director of Pacific Ridge Explorations Ltd. and Strategic Metals Ltd. Prior to this he was a director and senior executive with Dynasty Explorations Ltd. and its successor corporation, Cyprus Anvil Mining Corporation. Additionally, he has served as a director of Cabre Exploration, Pine Point Mines, Golden Knight Resources and Silver Standard. Mr. Davis is a geological engineer and graduated with a Bachelor of Applied Science degree in Geological Engineering from the University of British Columbia in 1962.

 

 

Olav Langelaar

Director

 

Mr. Langelaar is currently a Managing Director at Primary Capital Inc, a privately owned exempt market dealer with offices in Toronto and Vancouver. He previously served as a Director, for Dundee Securities Investment Banking from 2007 to 2011. Prior to that he had international industry experience, including roles with Ospraie Gold and Amerigo Resources (VP Corporate Development), Placer Dome (Manager of Corporate Finance and Insurance), Cameco, Cominco, and Agrium (Engineer, Maintenance and Construction). Mr. Langelaar has in excess of 25 years experience in the Canadian capital markets with specific expertise in mining operations and investment banking. He earned his Bachelor of Applied Science in Mechanical Engineering from the University of Waterloo, and an MBA from the Richard Ivey School of Business. He is also a member of the Association of Professional Engineers and Geoscientists of British Columbia.

 

  

Share Structure

 

Issued and Outstanding: 48,293,630

Total Options: 3,934,000

Total Warrants: 10,173,139

Fully Diluted: 62,400,769

 

 Contact

 

Head Office

 

Camino Minerals Corp.

500 – 666 Burrard Street

Vancouver, BC

Canada, V6C 3P6

Email: info@caminominerals.com

Tel: +1 (604) 566-8778

Fax: +1 (604) 608-5442

 

Posted November 5, 2017

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Copyright 2017 The Prospector News - Site design by Spyderbaby Productions

Camino Minerals Corp | Prospector News
Company Profile

Camino Minerals Corp

 

 

 

 

 

 

Camino Minerals Corp. (TSX-V:COR) is a discovery-oriented mineral exploration company. The Company is exploring for high grade copper and precious metal projects, primarily in the mining friendly regions of Peru and the United States. Camino believes that shareholder value is best created through identifying and shepherding mineral prospects into resources that can be marketed to producers.

 

 

History

 

Camino was formed in connection with Goldcorp Inc.’s C$300-million acquisition of Canplats Resources Corp. The transaction closed February 4, 2010. Canplats shareholders received, for each Canplats common share, C$4.60 in cash and 1 share of Camino, which listed April 22, 2010.

 

Canplats discovered the Camino Rojo gold project, located in Mexico and 50-km to south of Goldcorp’s Penasquito, in 2007. In less than one year’s time, Canplats had outlined 3.44 million ounces gold and 60.7 million ounces silver in measured and indicated resources with additional inferred resources of 0.55 million ounces gold and 7.6 million ounces silver. In late 2009, Canplats was the subject of a bidding war between Goldcorp and Minera Penmont (a company jointly owned by Fresnillo and Newmont), which Goldcorp subsequently won in a deal worth more than C$300-million.

 

 Projects

 

Los Chapitos- Copper/Silver Project – Peru

 

 

 

Read Los Chapitos Project Summary Here

 

 

 

 

Los Chapitos is a new high grade copper discovery made by Camino in 2017. The project is located approximately eight hours south of Lima via the Pan American Highway and is accessible by a 15-kilometer road near the coastal town of Chala. The discovery hole was 106 meters averaging 1.30% copper and a fully funded 20,000 meter program of diamond drilling is currently underway. Work to date has identified six zones of copper mineralization on the 7,700 hectare (30 square mile) property.

 

 

 

 

 

Lost Cabin Gold/Silver Project – U.S.

 

 

 

The Lost Cabin property is located in southern Oregon on the northwest extension of the Nevada Basin and Range Province. An undeveloped epithermal gold-silver system outcrops on the property and grab samples of up to 38 grams of gold per tonne have been assayed. Camino has already identified drill targets and the project has been permitted for drilling.

 

 

Plata Dorado Project – Peru

 

Read Plata Dorado Project Summary Here

 

The Plata Dorada Project is located in the eastern Andes east southeast of the city of Cusco. The 1,800 hectare (seven square mile) property is wholly owned by Camino and except for the company’s work, no modern exploration has been undertaken on the project area. Camino has identified two zones and the mineralization is structurally hosted, polymetallic quartz-sulphide veins averaging 0.5 meters to 1.5 meters in width. Chip sample assays have ranged from 0.3% to 8.7 % copper, 70 grams per tonne to +1,500 grams per tonne silver, and trace to 2.1 grams per tonne gold.

 

 

 

Management and Directors

 

 

 

Management

   

 

Kenneth C. McNaughton , M.A. Sc., P.Eng.

President, Chief Executive Officer, Director

 

Mr. McNaughton is a professional geological engineer with over 30 years of global experience developing and leading mineral exploration programs. He joined Pretivm Resources Inc. in 2011 as Vice President & Chief Exploration Officer. Prior to that, he was Senior Vice President, Exploration for Silver Standard Resources Inc. For almost 20 years he had been responsible for all exploration, as well as early stage metallurgical and engineering programs for Silver Standard and Canplats Resources. Prior to joining Silver Standard, he worked for Corona Corporation and its affiliate Mascot Gold Mines Ltd. as a project geologist and engineer for projects in British Columbia. Mr. McNaughton holds a Bachelor of Applied Science degree and a Master of Applied Science degree in geological engineering from the University of Windsor, and is a registered member of the Association of Professional Engineers and Geoscientists of British Columbia.

  

 

Ken Konkin, P. Geo.

General Manager Exploration Peru

 

Mr. Konkin is a professional geologist who has managed precious and base metal exploration programs for 30 years throughout North America, South America and Russia. He has extensive geological experience in the British Columbia, Mexico, and Peru. Most recently, he was the project manager for the surface exploration programs at the Brucejack/Snowfield Projects for Pretivm. He also managed numerous grass roots through advanced stage projects for Silver Standard Resources, including Manatial Espejo in Argentina, San Agustin in Mexico, San Luis and Berenguela in Peru. Mr. Konkin holds a Bachelor of Science degree from the University of British Columbia.

 

 

W. Perry Durning, M.Sc.

Consultant

 

Mr. Durning has been active in mineral exploration for over 43 years. He graduated with a B.Sc. in geology from San Diego State University and a M.Sc. in Economic Geology from the University of Arizona. Mr. Durning has worked extensively throughout the western U.S.A., Mexico and Central and South America. During his career he worked for Amax Exploration, SAGE Associates and Occidental Minerals, before becoming Exploration Manager and then President of Fischer-Watt Gold Co., Inc. Mr. Durning cofounded La Cuesta International, Inc. in 1993 and has worked primarily in Mexico since that time. Much of his career has focused on grassroots exploration in pioneering areas. Mr. Durning and Mr. Hillemeyer were selected by the PDAC as the 2010 co-award winners of the Thayer Lindsley Award in recognition for La Cuesta’s multiple grassroots discoveries in Mexico.

 

 

 

F. L. “Bud” Hillemeyer, M.Sc.

Consultant

 

Mr. Hillemeyer has been actively involved in mineral exploration in the United States and Latin America for more than 27 years. Mr. Hillemeyer has conducted extensive exploration programs in the western U.S., Mexico, Honduras and Costa Rica. He graduated from the University of California at Berkeley with a B.A. in Geology and from San Diego State University with a M.Sc. in Geology. Mr. Hillemeyer co-founded La Cuesta International, Inc. in 1993 and has worked with an extensive array of clients including Kennecott, Meridian Gold, BHP, MIM, Hecla Mining, Crown Resources, Monarch Resources, Silver Standard Resources, Canplats Resources and others. Mr. Hillemeyer was recognized for his success in mineral exploration as the co-recipient of the 2010 Thayer Lindsley Award for an international mineral discovery. The award recognized Mr. Hillemeyer and his partner, Perry Durning, for their grassroots discoveries in Mexico including the San Sebastián, San Agustin, Pitarrilla and Camino Rojo projects.

 

 

Directors

  

Kenneth C. McNaughton , M.A. Sc., P.Eng.

President, Chief Executive Officer, Director

 

Mr. McNaughton is a professional geological engineer with over 30 years of global experience developing and leading mineral exploration programs. He joined Pretivm Resources Inc. in 2011 as Vice President & Chief Exploration Officer. Prior to that, he was Senior Vice President, Exploration for Silver Standard Resources Inc. For almost 20 years he had been responsible for all exploration, as well as early stage metallurgical and engineering programs for Silver Standard and Canplats Resources. Prior to joining Silver Standard, he worked for Corona Corporation and its affiliate Mascot Gold Mines Ltd. as a project geologist and engineer for projects in British Columbia. Mr. McNaughton holds a Bachelor of Applied Science degree and a Master of Applied Science degree in geological engineering from the University of Windsor, and is a registered member of the Association of Professional Engineers and Geoscientists of British Columbia.

 

 

Guillermo Lozano-Chavez, M.Sc., MBA

Director

 

Mr. Lozano is a Professional Geologist with over 35 years of experience in mineral exploration in Latin America; He was Vice President of Exploration for First Majestic Silver Corp., where he was responsible for all exploration programs in and around five operating mines. Before joining First Majestic Silver, he was Director of Exploration for Silver Standard Resources Inc., where he managed their Mexico exploration and overviewed their Peruvian and Argentinian exploration activities from 2002 through 2012. Prior to coming to Silver Standard, he worked as a consultant for several international companies in Mexico, Central and South America, He started his career working for Penoles Group as an exploration geologist and mine manager. Mr. Lozano holds a Bachelor of Science in Geological Engineering from the National Polytechnical Institute of Mexico City, a Master of Science degree in Geology from the University of Missouri at Columbia, and a Master of Business Administration in Finance from the University of Texas at El Paso.

 

 

Peter de Visser, CA

Director

 

Peter de Visser CA., recently retired as the Chief Financial Officer (CFO) of Pretivm and was also the CFO of Camino Resources Ltd. Prior to that he was the managing and founding partner of De Visser Gray Chartered Accountants LLC. of Vancouver BC.

 

 

R.E. Gordon Davis, P.Eng.

Director

 

Gordon Davis was the Chairman and CEO of Canplats, and is currently a director of Pacific Ridge Explorations Ltd. and Strategic Metals Ltd. Prior to this he was a director and senior executive with Dynasty Explorations Ltd. and its successor corporation, Cyprus Anvil Mining Corporation. Additionally, he has served as a director of Cabre Exploration, Pine Point Mines, Golden Knight Resources and Silver Standard. Mr. Davis is a geological engineer and graduated with a Bachelor of Applied Science degree in Geological Engineering from the University of British Columbia in 1962.

 

 

Olav Langelaar

Director

 

Mr. Langelaar is currently a Managing Director at Primary Capital Inc, a privately owned exempt market dealer with offices in Toronto and Vancouver. He previously served as a Director, for Dundee Securities Investment Banking from 2007 to 2011. Prior to that he had international industry experience, including roles with Ospraie Gold and Amerigo Resources (VP Corporate Development), Placer Dome (Manager of Corporate Finance and Insurance), Cameco, Cominco, and Agrium (Engineer, Maintenance and Construction). Mr. Langelaar has in excess of 25 years experience in the Canadian capital markets with specific expertise in mining operations and investment banking. He earned his Bachelor of Applied Science in Mechanical Engineering from the University of Waterloo, and an MBA from the Richard Ivey School of Business. He is also a member of the Association of Professional Engineers and Geoscientists of British Columbia.

 

  

Share Structure

 

Issued and Outstanding: 48,293,630

Total Options: 3,934,000

Total Warrants: 10,173,139

Fully Diluted: 62,400,769

 

 Contact

 

Head Office

 

Camino Minerals Corp.

500 – 666 Burrard Street

Vancouver, BC

Canada, V6C 3P6

Email: info@caminominerals.com

Tel: +1 (604) 566-8778

Fax: +1 (604) 608-5442

 

Posted November 5, 2017

RELATED COMPANY ARTICLES


Camino Intersects 1.14% Copper Over 70.3 Meters in Southeast Step Out Hole at Adriana

Camino Minerals Corporation (TSX-V:COR) is pleased to report resu... READ MORE

November 3, 2017

Camino Minerals Provides Update for the Los Chapitos Project Including Authorization to Start Drilling at the Atajo Zone

Camino Minerals Corporation (TSX-V:COR) is pleased to report on r... READ MORE

November 1, 2017

Camino Intersects 1.31% Copper Over 82.5 Meters at Adriana

Camino Minerals Corporation (TSX-V:COR) is pleased to repor... READ MORE

October 2, 2017

Camino Extends High Grade Mineralization at Adriana and Katty Zones

Camino Minerals Corporation (TSX-V:COR) is pleased to report resu... READ MORE

September 14, 2017

Camino Intersects 96.5 Meters Grading 0.93% Copper at Adriana Zone and Expands Katty Oxide Zone

Camino Minerals Corporation (TSX-V:COR) is pleased to report resu... READ MORE

August 22, 2017

Camino Expands Surface Oxide Copper Mineralization at Adriana Zone

Camino Minerals Corporation (TSX-V:COR) is pleased to report resu... READ MORE

August 15, 2017

Camino Reports Initial Drill Results From Katty Zone

Camino Minerals Corporation (TSX-V: COR) is pleased to report res... READ MORE

July 20, 2017

Camino reports additional diamond drill results from Los Chapitos Project

Camino Minerals Corporation (COR: TSX-V) is pleased... READ MORE

July 11, 2017

Camino Minerals raises $2,100,000 to fund drilling at Los Chapitos project

Camino Minerals Corporation (TSX-V:COR) is pleased to announce th... READ MORE

February 15, 2017

Copyright 2017 The Prospector News - Site design by Spyderbaby Productions