Vancouver, BC – Camino Minerals Corporation (COR: TSX-V) (“Camino” or the “Company”) reports that it has granted 2,520,000 incentive stock options to directors, officers, employees and consultants of the Company. The stock options are exercisable for a period of five years at an exercise price of $0.07 per share. The options were granted under and are subject to the terms and conditions of the Company’s Stock Option Plan.
Camino is currently obtaining all of the required permits for a reverse circulation drill program at Maijoma, located in Chihuahua State, and anticipates that drilling will commence early in 2014. Prospective for the discovery of carbonate replacement deposits (CRDs) and skarns, Maijoma is 100% owned by the Company and has never before been drill tested. The main drill target is coincident with gravimetric and I.P. anomalies and anomalous zinc-lead-silver surface values. In addition, Camino is actively seeking to acquire new projects located in the Americas that offer discovery opportunity.
About Camino Minerals Corporation
Camino is a discovery-oriented mineral exploration company formed in connection with Goldcorp’s C$300-million acquisition of Canplats Resources Corp. The Company is led by Canplats’ former management and is focused on precious and base metal projects located in Mexico. For more information on Camino’s projects, please refer to the Company’s website at www.caminominerals.com
For further information, contact:
Camino Minerals Corporation
R.E. Gordon Davis
Chairman and C.E.O.
Direct: (604) 629-8292
V.P., Corporate Development
Direct: (604) 629-8294
Toll-Free: (866) 338-0047
http://www.caminominerals.com To receive Camino’s news releases, contact Blaine Monaghan, V.P., Corporate Development, at email@example.com or (866) 338-0047.
Neither the 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
Statements contained in this news release that are not historical fact are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995 and forward-looking information under the provisions of Canadian securities laws (collectively, “forward-looking statements”). Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Such risks and uncertainties include, but are not limited to, the company’s ability to raise sufficient capital to fund exploration, changes in economic conditions or financial markets, changes in prices for the company’s mineral products or increases in input costs, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments in Mexico, technological and operational difficulties or inability to obtain permits encountered in connection with exploration and development activities, labour relations matters, and changing foreign exchange rates, all of which are described more fully in Camino’s filings on SEDAR. The company undertakes no obligation to publicly update or otherwise revise any forward-looking statements, whether as a result of new information, future events or other factors, except as required by law. Readers are cautioned not to place undue reliance on forward-looking statements.