[Marinir] {Disarmed} Management team that sold last company to Goldcorp is at it again

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Mon Oct 22 16:16:16 CEST 2012


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http://www.caminominerals.com/s/Home.asp 

DRILLING TO COMMENCE AT EL SECRETO GOLD, SILVER AND COPPER PROJECT 

Camino Minerals Corp. (TSX-V: COR 

http://www.stockwatch.com/Quote/Detail.aspx?action=go&symbol=COR&region=C&lookup=symbol&snapshot=default 

) is pleased to announce that it has selected Major Drilling Group 
International Incorporated to carry out a 2,000 metre reverse 
circulation drill program at the El Secreto Gold, Silver and Copper 
Project ("El Secreto" or the "Project"), located in Sinaloa State, 
Mexico. This will be the first ever drill program to be carried out at 
El Secreto. Drilling is expected to commence within the next several 
weeks. 

Drilling initially will focus on two target areas: the El Secreto Zone 
and the Carrizal Area. The El Secreto Zone, located in the northeastern 
part of the property, was delineated by a soil geochemical survey, which 
outlined a 1.5 km by 2 km area of anomalous gold and silver values. Rock 
samples collected from the El Secreto Zone have returned values as high 
as 13.3 g/t gold and 187 g/t silver. The Carrizal Area, located 6-km to 
the west of the El Secreto Zone, contains a number of mineralized veins. 
Rock samples collected from the Carrizal Area have returned values as 
high as 8.8 g/t gold, 316.0 g/t silver and 5.1% copper. 
Northeast-trending epithermal veins that cross cut granodioritic 
intrusions are present at both the El Secreto Zone and the Carrizal 
Area. The veins vary from one to five metres in thickness and from 
several hundred metres to more than one kilometre in length. 

El Secreto is situated along the western edge of the Sierra Madre 
Occidental in a structural setting similar to Primero Mining 
Corporation's San Dimas Mine, located 40-km to the east. San Dimas 
produced 79,000 ounces of gold and 4.6 million ounces of silver in 2011. 
San Dimas hosts probable reserves of 584,000 ounces gold and 34,700,000 
ounces of silver (3.785 mt @ 4.8 g/t gold, 290 g/t silver), indicated 
resources of 678,000 ounces of gold and 40,630,000 ounces of silver 
(3.193 mt @ 6.6 g/t gold, 400 g/t silver) and inferred resources of 
866,000 ounces gold and 67,500,000 ounces of silver (6.865 mt @ 4.0 g/t 
gold, 300 g/t silver). The San Dimas district, which has been mined 
since 1757, contains a series of epithermal gold-silver veins. 
Historical production from the San Dimas district is estimated at 11 
million ounces of gold and 582 million ounces of silver. 

Since acquiring the option to earn up to an 80-per-cent interest in El 
Secreto (see April 5, 2012, news release), Camino has collected more 
than 1,500 soil samples, 600 rock samples and built more than 9 
kilometres of roads to access drill sites. This extensive and systematic 
approach to exploration has resulted in the discovery of 10 previously 
unknown anomalous gold, silver and copper target areas, "in a very short 
period of time we have taken El Secreto from a geological concept to a 
potential new discovery opportunity," said Gordon Davis, Camino's 
Chairman and CEO. "Our exploration team has done a fantastic job 
advancing the project to the drill stage and we eagerly anticipate the 
start of drilling." 

About the El Secreto Gold, Silver and Copper Project 

Recently consolidated by Arcelia Gold Corp. ("Arcelia"), a private BC 
company, through staking and the acquisition of privately held claims, 
El Secreto consists of three mineral concessions encompassing over 
12,000 hectares (49 square miles). The Project is located approximately 
100 km northeast of Mazatlan, Sinaloa State, and is accessible by paved 
and gravel roads. The geology and mineralization obtained to date 
suggests that El Secreto is highly prospective for the discovery of 
epithermal gold-silver vein systems. The Project has never been subject 
to modern exploration techniques or drilling. Camino has an option to 
earn up to an 80-per-cent interest in El Secreto from Arcelia. 

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. Camino 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 

The technical information contained in this news release has been 
reviewed and approved by Richard Dufresne, P.Geo., Camino's V.P., 
Exploration, a "Qualified Person" as defined under NI 43-101. 

For further information, contact: 

Camino Minerals Corporation 

R.E. Gordon Davis 

Chairman and C.E.O. 

Direct: (604) 629-8292 

Investor Inquiries: 

Blaine Monaghan 

V.P., Corporate Development 

Direct: (604) 629-8294 

Toll-Free: (866) 338-0047 

info at caminominerals.com 

To receive Camino's news releases, contact Blaine Monaghan, V.P., 
Corporate Development, at info at caminominerals.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. 

This news release does not constitute an offer to sell or a solicitation 
of an offer to sell any of the securities in the United States, The 
securities of Camino described herein have not been and will not be 
registered under the United States Securities Act of 1933, as amended 
(the "U.S. Securities Act") or any state securities laws and may not be 
offered or sold within the United States or to U.S. Persons unless 
registered under the U.S. Securities Act and applicable state securities 
laws or an exemption from such registration is available 

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. 

For more information about this service, please see: 
www.infostockbiz.com 

http://www.infostockbiz.com 

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