Carlton Precious Reports Exceptional Metallic Assay Results at Esquilache
TORONTO — Carlton Precious Inc. (TSX-V: CPI | OTCQB: NBRFF), a prominent player in the mining sector, proudly announces the successful completion of its recent surface channel sampling program at its Esquilache Project. This initiative, which took place in southern Peru, aimed to assess various silver-lead-zinc (Au-Ag-Cu-Pb-Zn) veins in both the Mamacocha and Creston Zones. During this endeavor, a total of twenty-four channel and panel rock chip samples were diligently collected, showcasing outstanding assay results.
Outstanding Sampling Results Reveal High-Grade Minerals
The assay results from the surface channel sampling yielded myriad high-grade values in gold, silver, lead, and manganese. Among the exceptional findings were grades of 13.45 g/t Au, 1018 g/t Ag, and 10.87% Mn. The sampling program was strategically designed to cover various sections of the Mamacocha and Creston Zones, with the highest grades for silver, lead, and manganese sourced from the Elvira and Ivet veins.
Sample Highlights
Some key highlights from the recent sampling results include:
- 0.8m @ 6.771 g/t Au, 317.0 g/t Ag – Gold Belt, Mamacocha Zone
- 1.5m @ 5.449 g/t Au, 51.3 g/t Ag – Gold Belt, Mamacocha Zone
- 0.6m @ 13.45 g/t Au, 515.0 g/t Ag – Estefany Vein, Mamacocha Zone
- 1.8m @ 0.396 g/t Au, 247.0 g/t Ag – Elvira Vein, Mamacocha Zone
- 0.8m @ 0.202 g/t Au, 362.0 g/t Ag – Katy Vein, Mamacocha Zone
- 1.2m @ 198 g/t Ag – Sepulveda Vein, Creston Zone
Future Exploration Plans and Exploration History
According to Martin Walter, CEO of Carlton Precious, "These results from exploration at our flagship property are very exciting and align with our expectations for Esquilache. Our program's design focused on mapping and exploring new areas, ensuring they correspond with our current geological understanding of the Project." He emphasized that Esquilache has a rich history as it hosted a mining operation during the 1960s and is part of a significant silver-producing region that spans southern Peru and parts of Bolivia.
Advancement of the Drill Program
Carlton Precious is now advancing towards obtaining the necessary permits to initiate a drilling program across twenty platforms in the Mamacocha area within 2025. This project aims to establish continuity in known mineralization while also extending exploration into the depths of these prominent silver and gold-bearing veins.
Historical Context and Recent Developments
The Esquilache Project boasts an extensive historical database, comprised of 7,075 samples derived from both surface and underground sampling as well as two earlier drilling initiatives that accumulated roughly 5,500 meters. This vein system includes a dozen significant sub-parallel primary veins and numerous secondary ones, indicating a robust mineralized environment.
Recent geological modeling has redefined over 26 significant veins that housed notable mineralization which had been overlooked in earlier geological mapping efforts. The Esquilache vein system is strategically situated within a caldera structure rich in polymetallic minerals and extends to various major silver, gold, and copper projects in the region.
Quality Control in Sample Analysis
Carlton Precious values rigorous quality control, and sample analyses were conducted at Certimin Laboratories in Lima, Peru, which meets ISO certification standards. The samples underwent extensive preparation and analytical processes, ensuring robust and reliable results.
Company Overview and Contact Information
Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, with operations concentrated in favorable mining jurisdictions in Peru and Australia. For further inquiries, please contact:
Martin Walter, CEO at Carlton Precious Inc.
+1-416-389-5692 Email Us.
Frequently Asked Questions
1. What were the results of the recent surface channel sampling at Esquilache?
The recent sampling resulted in high-grade values including up to 13.45 g/t Au and 1018 g/t Ag, demonstrating significant potential for precious metal mining.
2. What are Carlton Precious's future exploration plans?
The company plans to advance its drilling program within the Mamacocha area, preparing to explore known mineralization further in 2025.
3. How extensive is the historical data for Esquilache?
The Esquilache Project has an extensive historical database with over 7,000 samples from previous exploration efforts, indicating a well-documented mining potential.
4. What type of mineralization is found in Esquilache?
The project is rich in silver, gold, lead, zinc, and copper, with robust vein systems that have been intermittently mined since colonial times.
5. How can I contact Carlton Precious for more information?
You can reach Martin Walter, CEO at +1-416-389-5692 or via email at martin@carltonprecious.com.
