this is the joint venture partner at the san luis project. these results are very much like the earlier ones, relatively low grades but long intercepts. the new resource estimate should be out next quarter, and it looks like there will be enough there to build a mine, but the question is how it will be financed:

Esperanza Drills 58.5 Meters of 1.2 GPT Gold and 52.5 Meters of 1.4 GPT Gold at Cerro Jumil

The current exploration drilling phase has now been completed including approximately 9,500 meters in 74 holes. Assays are pending for the last 9 holes and should be received within the next few weeks. Total drilling to date at Cerro Jumil includes approximately 41,750 meters in 251 drill holes. Upon receiving the final assay results the Company intends to update the existing resource estimate for the Cerro Jumil deposit (see News Release October 1, 2008). Results of this estimate should be available in the third quarter of 2010.

http://finance.yahoo.com/news/Esperanza-Drills-585-Meters-iw-1412595620.html?x=0&.v=1