Cerro Jumil Project

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Cerro Jumil Project | Related News

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  • March 3, 2008
    Esperanza Discovers Potential New Gold Zone at Cerro Jumil
    Esperanza Silver Corporation is pleased to provide this update on its 100%-owned Cerro Jumil gold project in Mexico where drilling continues to expand the potential resource. Highlights include: Extended the Southeast Zone 100 meters down dip to the east and have confirmed continuity within the zone. Discovered the potential new Cerro Calabaza West gold zone approximately 300 meters to the northwest of the central Southeast Zone. [view release]
  • December 11, 2007
    Esperanza Reports 72% Heap-Leach Recovery at Cerro Jumil and Further Positive Drill Results
    Infill and expansion drilling continues on the property where a third drill was added to the program in early December. Two diamond-drill rigs and one reverse-circulation rig are now on site. Drilling is largely concentrated in the eastern mineralized portion of the property called the Southeast Zone. The new results demonstrate good continuity of gold mineralization within this zone. Future drilling will continue to move east and northeast to test its limits. [view release]
  • October 22, 2007
    Esperanza Updates Cerro Jumil Project
    Vancouver, B.C.: Esperanza Silver Corporation is pleased to present the following update of activities at its 100% owned Cerro Jumil gold project in Morelos, Mexico. Results from 9 new reverse circulation drill holes have been received. [view release]
  • September 11, 2007
    Esperanza Updates Cerro Jumil Project
    Vancouver, B.C.: Esperanza Silver Corporation is pleased to present the following update of activities at its 100% owned Cerro Jumil gold project in Morelos, Mexico. Results from 25 new reverse circulation drill holes have been received. [view release]
  • July 18, 2007
    Esperanza Begins Cerro Jumil Heap-Leach Metallurgical Testing
    Vancouver, B.C.: Esperanza Silver Corporation announces that it has begun metallurgical testing of gold-bearing material from its Cerro Jumil project in Morelos, Mexico. The testing is designed to determine the suitability of heap-leach processing for gold recovery at the project. Previous testing has indicated that the gold is amenable to conventional cyanide leach recovery which when coupled with the oxidized nature of the rock suggests the applicability of this gold-recovery method. [view release]
  • June 20, 2007
    Esperanza Extends Cerro Jumil’s Southeast Zone
    Vancouver, B.C.: Esperanza Silver Corporation is pleased to provide this update of the ongoing drilling program at its 100%-owned Cerro Jumil project in Morelos State, Mexico. Cerro Jumil is a potential open-pit, heap-leach operation with skarn-type mineralization. [view release]
  • March 22, 2007
    Esperanza Announces Cerro Jumil Drill Results
    Vancouver, B.C.: Esperanza Silver Corp. is pleased to announce results from 16 new drill holes at its 100%-owned Cerro Jumil gold project in Morelos State, Mexico. Gold was found in all completed drill holes. Highlights include: [view release]
  • December 18, 2006
    Esperanza Begins Phase 3 Drilling at Cerro Jumil Gold Property
    Vancouver, B.C.: Esperanza Silver Corporation ("Esperanza" or "the Company") is pleased to announce that Phase 3 drilling has begun at its wholly-owned Cerro Jumil gold project in Morelos State, Mexico. A diamond core rig arrived on site in the last week of November and a second reverse-circulation drill rig is now being mobilized. [view release]
  • October 2, 2006
    Esperanza Completes Acquisition of Cerro Jumil Gold Property; Increases Land Holdings by 80%
    Denver, Colorado: Esperanza Silver Corporation ("Esperanza" or "the Company") announced today that it has reached agreement with Recursos Cruz del Sur S.A. de C.V. ("RCS") to amend its existing agreement to allow for the early exercise of its option to purchase the Cerro Jumil gold property in Morelos State, Mexico. Esperanza will pay CDN$417,375 in cash and issue 500,000 common shares of the Company to RCS. Under the original terms, Esperanza had remaining payments of US$ 25,000 due on May 7, 2007 and US$1,895,000 due on May 7, 2008. RCS will maintain a 3% net smelter return royalty on production from the property. [view release]

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