Camino Wins Environmental Approval to Nearly Double Costa de Cobre Exploration Area
CAMZF sits 65% above its 52-week low of $0.136 on light trading volume (0.4× avg).
Summary
Camino received MINEM approval for the Second MEIA-sd, expanding the Costa de Cobre exploration area by 94% to 11,671.90 hectares and boosting drilling capacity to 611,840 metres across 280 platforms. This unlocks 1,282 new drillholes and priority targets like Sombrero Blanco. Drilling is planned for this fall pending final authorization. The company also announced a $58,000 investor relations engagement with Market One to broaden retail visibility.
At the time of this announcement, CAMZF was trading at $0.23 on OTC in the Energy & Transportation sector, with a market capitalization of approximately $13.7M. The 52-week trading range was $0.14 to $0.74. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: ACCESS Newswire.