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Esperanza Resources Starts Drilling Program at Colqui Orcco Gold Project

Esperanza Resources is focused on the development of its Cerro Jumil gold project in Morelos State, Mexico. Also, it is aggressively examining eleven other explorations in Peru and Mexico.

The company has commenced the drilling program at its Colqui Orcco project. The company has planned to drill 12 core holes totaling 1,800 m and the drilling may be stretched based on assay results.

The Colqui Orcco (Silver Hill) is a greenfields property located in Cuzco Department, southern Peru. The concessions in the property include 700 ha. The geologists of Esperanza have identified breccia formations up to a length of 2,500 m in total and 2.7 m broad and three sharply dipping quartz layers. The company has intersected 1.3 g/t gold and 4,984 g/t silver at the channel samples of the layers. Anomalous geochemical indicators, textures of the vein, supplementary alteration and metal ratios are all indicative of the highest section of a silver-rich hydrothermal system. The mineralized target areas are bonanza layer ore bodies in depth.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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