Camino Minerals Corporation · TSXV:COR
Camino Minerals — Investor Presentation (April 2026)
29 slides from Camino Minerals's investor presentation, April 2026
Slide 1: A Copper Discovery to Production Company
A Copper Discovery to Production Company
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws. Such statements include, but are not limited to, anticipated synergies between Camino Minerals Corporation (“Camino” or the “Company”
Slide 3: Company Overview
Company Overview • Camino is a copper-focused development company advancing assets in Peru and Chile - two top-tier copper jurisdictions - positioned to support the global energy transition through near-term production and long-term growth. • The Company’s flagship asset, Puquios in Chile, is a cons
Slide 4: Investment Thesis
Investment Thesis Low Risk Puquios Project with Strong Endorsements • Project endorsed by Nittetsu Mining Co. & Denham Capital Management • Straightforward open-pit mining and proven processing technology as outlined in 2025 PFS • Permitted and construction ready Near Term Cash Flows • First product
Slide 5: Upcoming Milestones and Catalysts
Upcoming Milestones and Catalysts Near-term efforts focused on advancing Puquios into production to unlock immediate value, with a clearly defined strategy to drive long-term growth through the continued development and expansion of our broader asset base • Exploration drill program at H1 2025: 2026
Slide 6: Mining Partners
Mining Partners • +80 years as a mining and trading company with expertise in processing, distributing, importing, and exporting copper and other mineral products • Extensive Chilean copper mining portfolio includes: o Atacama Kozan – Production o Arqueros – Construction with first production expect
Slide 7: Nittetsu Mining’s Operational Experience
Nittetsu Mining’s Operational Experience Copper projects in Chile/Peru; Industrial Mines in Japan Nittetsu’s decades of operating experience across Latin America bringing technical depth, local insight, and a proven track record that strengthens Camino’s ability to advance its projects efficiently.
Slide 8: Portfolio of Assets
Portfolio of Assets Maria Cecilia, Peru Copper Porphyry Complex with NI 43-101 Resource Plata Dorada, Peru High Grade Copper Silver Gold Metals Los Chapitos, Peru Exploring and Delineating IOCG-Type Resource Nittetsu 35% Earn-In Puquios, Chile Construction-Ready Copper Project 50:50 JV with Nittetsu
Slide 9: Puquios Project Overview
Puquios Project Overview Status • Construction ready Location • Coquimbo Region, Chile, ~130km NE of La Serena • 50% Camino and 50% Nittetsu Ownership • 2% NSR royalty payable to third party • 1.25% NSR royalty payable to Elemental Royalty Corporation • Targeting ~US$109M project debt to make final
Slide 10: Puquios 2025 PFS Highlights
Puquios 2025 PFS Highlights PFS Base Case Highlights PFS demonstrates robust economics and Mining Method Open Pit attractive returns, even under conservative copper Estimated Production Start (Year) 2028 price assumptions. Estimated Mine Life (Years) 14.2 Mill Feed (Mtpa) 1.8 Operating Mill Head Gra
Slide 11: Puquios Infrastructure in Well Established District
Puquios Infrastructure in Well Established District Local Infrastructure • Located ~130km (~2 hours) northeast of La Serena, capital of the Coquimbo region, with access via Route 5 and highway D-115 • Airport in La Serena, with daily flights from Santiago • Rail is situated 25km west of the Project
Slide 12: Puquios Upside Opportunities
Puquios Upside Opportunities Near Term:12-18 Months Longer Term 2 Use innovative leaching technology to Prospective mine 1 3 Receive oxide ore from local miners to increase mine deeper sulphide ore and to exploration of >10,000 grade and mine life. potentially increase production / LOM. hectares. Pi
Slide 13: Puquios Upside Opportunities – Elemental Royalties
Puquios Upside Opportunities – Elemental Royalties 1.25% Puquios NSR purchased for USD $8,000,000 Major Camino Shareholder From Elemental Royalty (formerly EMX) News Release Dated Nov 12, 2025: “The supergene copper deposit is located within the hilltop overlying a more extensive primary porphyry co
Slide 14: Puquios 2025 PFS Production & Cash Flow Profile
Puquios 2025 PFS Production & Cash Flow Profile Base Case Production Profile(1) Production (kt Cu) Cash Costs ($/lb Cu) $3.62 $3.53 $2.74 $2.75 $2.61 PFS outlines ~9ktpa(2) of $1.83 $1.60 $1.37 $1.49 $1.85 $1.75 $1.56 $1.78 $1.73 copper production, with the potential to scale up 7.7 9.0 9.0 9.0 8.3
Slide 15: Los Chapitos Project
Los Chapitos Project Following Puquios, Camino’s next production asset is progressing towards resource delineation, engineering, and development planning with strong support from Nittetsu. Los Chapitos is an exploration project located in Peru spanning ~23,000 hectares. • Located in the Iron Oxide-C
Slide 16: Los Chapitos Drilling Highlights
Los Chapitos Drilling Highlights Drilling Highlights - 28,660 Total Meters Drilled Adriana – Diva Trend • 17.6 m @ 0.85% Cu & 2.48 g/t Ag, incl. 5.4 m @ 1.64% Cu & 4.51 g/t Ag in DCH-124 • 83.5 m @ 0.94% Cu & 10.40 g/t Ag, incl. 7.1 m @ 2.13% Cu & 34.36 g/t Ag in DCH-125 • 95.0m @ 0.85% Cu from 63.5
Slide 17: Los Chapitos Mineralized Trends
Los Chapitos Mineralized Trends Multiple Mineralized Copper Trends • Diva Trend • Atajo Trend • La Estancia Trend 17
Slide 18: Los Chapitos – Active Mining District in Peru
Los Chapitos – Active Mining District in Peru Established infrastructure supports multiple producers in the district including one of the world’s newest world scale copper mines – Mina Justa. Neighbours in a Proven District • Rio Tinto: increasing claims contiguous to Camino • Mina Justa (Marcobre):
Slide 19: Maria Cecilia Project Overview
Maria Cecilia Project Overview Advanced exploration with a published NI 43-101 Resource Estimate. Central porphyry, Maria Cecilia, demonstrates multiple mineralization pulses, and its large magnetic anomaly is the next major target. • Over 30,000 meters of drilling delineate two deposits of NI 43-10
Slide 20: Maria Cecilia – Major Copper Belt
Maria Cecilia – Major Copper Belt The skarn and porphyry system at Maria Cecilia is considered to have some geological similarities to one of Peru’s largest copper mines, Antamina, located 100 km away. Maria Cecilia is in a metallogenic environment in the Cordillera Negra mountain that trend NW-SE w
Slide 21: Maria Cecilia Copper-Gold and Moly Porphyry Target
Maria Cecilia Copper-Gold and Moly Porphyry Target Dec. 2025: Sensitivity Price – US$3750 Gold, US$4.75lb Copper, US$30 Silver Oz, US$1.5lb Molybdenum 21
Slide 22: Copper Demand Outlook
Copper Demand Outlook Energy Transition Data Centres Traditional Growth Copper demand is driven Electric Vehicles Artificial Intelligence Infrastructure by multiple factors — with near-term tailwinds from EnergyRenewable Transition Energy Data Centres Blockchains Auto Manufacturing the global energy
Slide 23: Peer Benchmarking - Near-Term Producing Assets
Peer Benchmarking * - Near-Term Producing Assets Market Cap Est. Production Company Asset Location (US$M)(1) Start Date Permitted? DFS? Financing? Camino Puquios Chile $50 2028 Yes(2) Yes(3) No Marimaca Marimaca Chile $772.6 2028 Partial Underway No Despite being near-term and de-risked, Puquios Hot
Slide 24: ESG
ESG Camino is committed to strong environmental standards, safety procedures, and meaningful dialogue with stakeholders, including local communities. Camino is dedicated to developing our projects to bring sustainable and long-lasting social and economic benefits for the host communities and all sta
Slide 25: Advancing to Near-Term Production and Cash Flow
Advancing to Near-Term Production and Cash Flow Construct Develop Explore Grow Puquios Los Chapitos Maria Cecilia, Los Through M&A Chapitos, Plata Dorada • Construction-ready project • Exploring and delineating • Maria Cecilia; Los Chapitos • M&A • Ready to construct; 50:50 resource • Puquios; Plata
Slide 26: Capital Structure
Capital Structure Capital Structure Total Securities Outstanding Company Ticker TSV:COR Shares Outstanding 89,266,367 Share price (January 2026) C$0.70/share Exercise Price FD ITM Shares Outstanding 89.3M Category Expiry Date (C$/share) # Outstanding FD ITM Options $ Warrants 8.7M Options 7-Oct-30 $
Slide 27: Share Price – March 2026
Share Price – March 2026 Camino Acquires Puquios Camino Raises $5.6M Nittetsu Provides Final High-Grade Copper with Nittetsu from Strategic Investors Earn-In Payment $1.5M Results at Los Chapitos 27
Slide 28: Management & Directors
Management & Directors Chris Adams Carl Tricoli Justin Machin Chairman, Director Director Director Financial Leader in Debt & Equity. Former Head of Founder and Partner of $12B Denham Capital Managing Director at Denham Capital. M&A Mining Finance with Macquarie Group; CIBC Capital Management LP lea
Slide 29: A Copper Discovery to Production Company
A Copper Discovery to Production Company TSXV: COR OTC: CAMZF caminocorp.com info@caminocorp.com 604-493-2058