| Esperanza Silver Corporation |  | Esperanza Resources is an emerging precious metals producer committed to the development of its two late-stage projects. Since startup in 2002 its geologists have discovered these two exceptional gold projects – San Luis, a joint venture in Peru and the 100%-owned Cerro Jumil in Mexico.The Company's objective is to see its discoveries advance as quickly as possible to production. At the same time it continues to place emphasis on new discovery through its grass-roots exploration programs. Our focus is on the countries we know best: Mexico and Peru. Cerro Jumil, Mexico – a potential heap-leach gold project. On October 1, 2008 the company announced the results of an independent resource estimate on its Cerro Jumil project. The deposit contains 642,000 gold equivalent ounces classified as measured and indicated plus 442,000 gold equivalent ounces classified as inferred. On September 8, 2009 the company announced the results of a Preliminary Economic Assessment (PEA). At a gold price of $1000 per ounce the project has a net present value of $109 million and provides an internal rate of return of 38 percent. The project is now being advanced into the feasibility level of study. A 9,500 meter drill program has been completed and an updated resources estimate is expected in the third quarter of 2010. | | Visit Website | | Office Address | 570 Granville St., Ste. 300,
Vancouver, BC, V6C3P1 Canada | | Phone | (604) 685-2242 | | Fax | (604) 688-1157 | | Send Enquiry
| | Executives | William J. (Bill) Pincus, President and CEO | | David L. Miles, CFO |
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