Carlton Precious Provides Esquilache Project Update

Core Insights - Carlton Precious Inc. is advancing its Esquilache Silver project in Southern Peru, which covers 1,600 hectares and was historically mined by Hochschild Mining PLC, producing over 1 million tonnes of ore with significant silver, zinc, lead, and gold grades [1][2] Group 1: Project Update - The company has submitted an application for a FTA drilling permit to the Peruvian Ministry of Mines and Energy, but it has been advised to upgrade to a DIA drill permit, which requires a more detailed environmental approach and community consultations [2] - Carlton plans to implement a 5,000 metre core drilling program once the DIA is approved, aimed at estimating a reportable mineral resource and potentially leading to engineering programs and feasibility studies due to rising silver prices [3] Group 2: Company Background - Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, with projects in key mining jurisdictions including Peru and Australia [5]