esperanza silver is moving cerro jumil forward toward development. so far there is a resource of 1 million ounces of gold:
Bill Pincus, President and CEO of Esperanza Silver commented, "The Preliminary Economic Assessment is the next step in moving the project towards development. It has two principal purposes. First, this will provide us with an independent evaluation of the projects anticipated economic performance. Second and maybe more importantly, the study will help us to evaluate various technical alternatives for the development of the project. Those that show the most promise will be targeted for additional engineering study and optimization with the aim of providing sufficient detail for a subsequent full-feasibility study."
http://finance.yahoo.com/news/Espera...