Esperanza Resources Corp (EPZ)

Esperanza Resources is developing its principal property, the Cerro Jumil gold project in Mexico. It is also actively investigating 11 other exploration interests in Peru and Mexico. And it has a strategic investment in Global Minerals, majority owner of the Strieborna silver/copper/antimony project in Roznava, Slovakia.
Thumbnail image for Over $50 Million in Cash and Marketable Securities Will Lead Cerro Jumil to Production

Over $50 Million in Cash and Marketable Securities Will Lead Cerro Jumil to Production

Cerro Jumil, Esperanza Resources’ (EPZ – $1.14) silver/gold project in Morelos State, Mexico, was described in a September 2011 Preliminary Economic Assessment, as a typical open pit, heap leachable project with an estimated average production of 106,000 ounces of gold per year, which can be mined at $499 per ounce. Moreover, positive analytic results from [...]

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Thumbnail image for Most Exciting Week in Esperanza Resources’ History

Most Exciting Week in Esperanza Resources’ History

What a week it was for Esperanza Resources (EPZ – $1.22). The Company announced another round of excellent drill results from its Cerro Jumil gold project in Mexico. Almost every infill hole, drilled between the Las Calabazas Zone and Southeast Zone, intersected gold mineralization (see table below). Furthermore, Esperanza appointed Mr. Greg Smith as the [...]

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Thumbnail image for Smallcaps.us Gets The Latest From Esperanza Resources CEO, Bill Pincus

Smallcaps.us Gets The Latest From Esperanza Resources CEO, Bill Pincus

We recently sat down with Mr. Bill Pincus, the President and CEO of Esperanza Resources (EPZ – $1.36) to give us an update on his Company’s progress. We also took advantage of the opportunity to ask a bunch of questions about Global Minerals Limited (CTG). This Company, with a silver project in the Republic of [...]

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Thumbnail image for Latest Drill Results From Esperanza’s Cerro Jumil Indicate More Resource Expansion

Latest Drill Results From Esperanza’s Cerro Jumil Indicate More Resource Expansion

New analytic drill results from Esperanza Resources’ (EPZ – $1.40) 100% owned Cerro Jumil gold/silver property in Mexico indicate gold mineralization at the Southwest Extension area. After initial drill results from the Las Calabazas zone showed gold presence in December of 2011, this is another zone which expands the current mineralized area of Cerro Jumil [...]

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Thumbnail image for Global Minerals Closes $12.5 Million Financing to Significantly Progress the Strieborná Silver Property

Global Minerals Closes $12.5 Million Financing to Significantly Progress the Strieborná Silver Property

After increasing the size a second time this week, Global Minerals (CTG – $0.45) closed its private placement. In total, the Company will issue 27,777,556 units at a price of $0.45 per unit for gross proceeds of approximately $12,499,900. Esperanza Resources (EPZ – $1.32) participated for $1.5 million in the financing and certain Sprott funds [...]

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Thumbnail image for Global Minerals Raises $11.5 million – Great News for Esperanza Resources

Global Minerals Raises $11.5 million – Great News for Esperanza Resources

Global Minerals Ltd. (CTG) raised $11.5 million through a non-brokered private placement. The proceeds will be used to complete the rehabilitation of the Maria Mine, which provides access to the Strieborná Silver vein, continue exploration and to move the project, in the Republic of Slovakia, towards production. Esperanza Resources (EPZ – $1.62), which owns 32% [...]

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Thumbnail image for Photo Update Shows Strieborná Being Prepared for Underground Access

Photo Update Shows Strieborná Being Prepared for Underground Access

With the old adage “A picture is worth a thousand words” in mind, Global Minerals Ltd., 32% owned by Esperanza Resources (EPZ – $1.60), published a number of photographs on the significant progress it has made on bringing the Strieborná property, in the Republic of Slovakia, back in operation. Before After The entrance of the [...]

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Thumbnail image for Esperanza Resources Takes Cerro Jumil Property Step Closer to Production

Esperanza Resources Takes Cerro Jumil Property Step Closer to Production

Positive drill results continue to come from the Cerro Jumil property in Mexico, which is 100% owned by Esperanza Resources (EPZ – $1.33). Infill and step-out holes 219 through 222 intersected gold values between 0.82 and 2.51 grams per tonne. Noteworthy in hole 220 are two consecutive samples of 1.5 metres each, which contain 119 [...]

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Thumbnail image for Esperanza Enters Into Attractive Option Agreement for Biricu Project

Esperanza Enters Into Attractive Option Agreement for Biricu Project

Esperanza Resources (EPZ – $1.19) entered into an option agreement with Citation Resources (CTT) in which the latter can acquire a 100% interest in Esperanza’s Biricu project in Morelos State, Mexico. Citation can acquire the 38,000 hectares property in the favorable Guerrero Gold Belt by completing $4 million in exploration expenditures within four years. In [...]

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Thumbnail image for Esperanza Drills More Mineralized Step-Out Holes at Cerro Jumil

Esperanza Drills More Mineralized Step-Out Holes at Cerro Jumil

Esperanza Resources (EPZ – $1.30) announced analytic results of six more drill holes from the current drill campaign at its 100% owned Cerro Jumil gold property in Mexico. All six holes were drilled outside the known resource and four of them intersected gold mineralization between 0.90 and 3.86 grams of gold per tonne (see table [...]

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