Esperanza Begins Cerro Jumil Expansion Drill Program
An additional focus of the drill program will be to upgrade resources currently categorized as inferred to the measured and indicated categories. Also new exploration targets in the immediate resource area will be tested. Esperanza anticipates a minimum of 10,000 meters will be drilled during this program adding to the 32,000 meters already completed in earlier drill campaigns.
A recently completed Preliminary Economic Assessment recommended further metallurgical testing. Accordingly a sample has been shipped to SGS Laboratories in
Bill Pincus, Esperanza's President said, "We are excited to start on this new drill program and the metallurgical testing as it now moves Cerro Jumil into the feasibility stage of development. We expect that the results of this new work will enhance Cerro Jumil's already considerable potential and move the project that much closer to production."
Esperanza is a gold and silver company focused on advancing the development of its two principal properties: the 100%-owned Cerro Jumil gold project in
The company’s address is