North America’s BEST Small Cap Stock Ideas
Esperanza Resources (EPZ – $1.15) announced more positive analytic results from its 100% owned Cerro Jumil gold project in Morelos State, Mexico. The results were from infill drill holes (see map below) and intersected gold mineralization with values between 0.43 grams and 2.98 grams of gold per tonne. An updated resource estimate, based on 63,000 metres of drilling, compared with […]
Read moreWhat 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 new President and Chief Executive […]
Read moreNew 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 (see table and map below). […]
Read morePositive 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 and 82 grams per tonne […]
Read moreEsperanza 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 at bottom). Together with the […]
Read moreIn September 2011, a Preliminary Economic Assessment (PEA) was published for Cerro Jumil, the most advanced property of Esperanza Resources (EPZ – $1.32). Based on a resource estimate of 935,000 gold equivalent ounces in the measured and indicated categories, and 252,000 gold equivalent ounces in the inferred category, the PEA describes the property as a typical open pit, heap leachable […]
Read moreNew analytic results from several step-out drill holes on Esperanza Resources’ (EPZ – $1.35) Cerro Jumil project in Mexico, indicate an extension of the currently known gold mineralized Calabazas and Southeast Zones. Holes RCHE-205, 206 and 208 (see map below), which were drilled to find out if mineralization continued in southwestern direction, all intersected gold mineralized veins (see table at […]
Read moreEsperanza Resources (EPZ – $1.65) published results of an independently prepared Preliminary Economic Assessment (PEA)* for its 100% owned Cerro Jumil gold/silver project in Morelos, Mexico. The PEA shows that, at a very conservative gold price of $1,150 per ounce, the project has an after tax Net Present Value (NPV) of $122 million at a 5% discount rate generating an […]
Read moreEsperanza Resources (EPZ – $1.46) closed the sale of its 30% stake in the San Luis joint-venture to Silver Standard Resources Inc. Thanks to this deal, the Company now has a full treasury of about $25 million. This money will be used to move EPZ’s high potential Cerro Jumil silver/gold project in Mexico forward. Additionally, the funds will be used […]
Read moreEsperanza Resources (EPZ – $1.54) completed an additional 4,000 meters of drilling on its Cerro Jumil gold/silver property in the State of Morelos, Mexico. The drilling concentrated on the area between the Las Calabazas and West Zones and is part of a 15,000 meter drill program that commenced in April of 2011. The results of the 23 drill holes, shown […]
Read more