Mr. Jay Chmelauskas reports

CAMINO COMMENCES MAPPING AND DRONE GEOPHYSICS SURVEY WITH NITTETSU AT THE LOS CHAPITOS PROJECT, PERU

Camino Minerals Corp.'s mapping campaign and drone geophysics survey is under way at the Los Chapitos copper project. The campaign will focus on copper mineralized structures next to porous geological strata that could host bulk manto-style copper mineralization for follow-up exploration drilling. The exploration methodology follows the same geology and geometry of other manto discoveries at Los Chapitos, such as Adriana, Lourdes and Atajo, to add additional mineral inventory to the Los Chapitos project.

Highlights:

• Geological mapping at a scale of 1:25,000 covering 20,445 hectares, emphasizing the understanding of structural geology;
• Topographic survey covering 15,681 hectares;
• Drone magnetic geophysical survey covering 5,595 hectares.

"There are many copper outcrop occurrences over the Los Chapitos property, and we have had success at drilling bulk-tonnage copper mantos at several copper outcrops such as Adriana and Lourdes," said Jay Chmelauskas, chief executive officer of Camino. "With new geophysics surveys and geology mapping we plan to be more targeted with copper outcrop drilling, and to extend our exploration targets to potential buried copper manto layers. Our overall goal is to add more copper mineralized inventory in the form of additional copper mantos at Los Chapitos."

Felix Cornelio, chief geologist at Camino, stated: "Our 2023 exploration campaign is tapping the experience gained in modelling the copper mantos discovered at Adriana and Lourdes and applying that knowledge to find more copper mantos across the project. Copper mineralization at Los Chapitos is controlled by geological faults. When a mineralized fault is in contact with a porous geological layer, a bulk-tonnage strata-bound copper manto can form in the layer. Thus, we are identifying these geological conditions as targets for our next drilling campaign."

The Camino geological team has developed an exploration program that involves a series of geological and geophysical surveys covering 20,445 hectares across the project's mining concessions. The exploration program will be implemented through geological mapping at a scale of 1:25,000 covering the entire Los Chapitos project area. This work will establish the relationships between faults, host rocks, identification of intrusives, hydrothermal alterations and styles of mineralization. The purpose is to define prospective zones that could host new mineralized bodies.

In parallel to the geological mapping, a topographic survey with drones covering 15,681 hectares and a magnetic geophysical survey covering the northwestern part of the project with a total of 5,595 hectares in the north sector of the Atajo trend will be carried out.

About Camino Minerals Corp.

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 through to resource delineation and to add new discoveries. Camino has also permitted the Maria Cecilia copper porphyry project for a planned exploration drilling program. In addition, the company has increased its land position at its copper and silver Plata Dorada project. 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.

Jose A. Bassan, FAusIMM (CP) 227922, MSc, geologist, an independent geologist and a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, has reviewed and approved the technical information in this document. Mr. Bassan has reviewed and verified relevant data supporting the technical information, including sampling and analytical test data.

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