Drill Results At Cerro Jumil Gold Project 

VANCOUVER, BC - Esperanza Silver Corp. reported the results of its on-going drilling campaign at its 100% owned Cerro Jumil gold project in Morelos State, Mexico. Highlights of the drill results include:

- Drill Hole RCHE-10-151 intersected 93 meters containing 1.81 grams of gold per tonne including a 10.5 meter interval containing 4.2 grams gold per tonne and another 10.5 meter interval containing 3.2 grams gold per tonne. - Drill Hole RCHE-10-143 intersected 7.5 meters containing 3.26 grams gold per tonne and a separate interval intersected 6.0 meters containing 1.14 grams gold per tonne. - Drill Hole RCHE-10-142 intersected 24.0 meters containing 2.04 grams gold per tonne. - Drill Hole RCHE-10-145 intersected 28.5 meters containing 1.52 grams of gold including 10.5 meters containing 2.49 grams of gold per tonne. All drill holes are in the Las Calabazas area. Approximately 6,000 meters in 50 holes have now been completed in the current drill campaign making for a grand project total of 38,300 meters in 227 drill holes. The on-going campaign is expected to continue through June of this year. Upon completion of drilling, the Company intends to update the existing resource estimate for the Cerro Jumil deposit. Results of this estimate should be available in the third quarter of 2010. The drilling at Cerro Jumil is a part of a comprehensive work program recommended by the 2009 Preliminary Economic Assessment and is designed to move the project to the full feasibility level as rapidly as possible. The company's address is 570 Granville Street, Suite 300,?Vancouver, BC V6C 3P1, (604) 685-2242, fax: (604) 688-1157.