esperanza silver still has a 30% interest in the san luis project, and it looks like they have found enough gold to build a mine at cerro jumil. we'll have a better idea when they update the resource estimate, but if so, they may want to sell their remaining interest in san luis to finance the construction of cerro jumil.

Esperanza Silver Corporation ("Esperanza") (EPZ) (TSX-V:EPZ - News)(PINK SHEETS:ESPZF - News) announces the final results of its recently completed drilling campaign at its 100% owned Cerro Jumil gold project in Morelos State, Mexico. Highlights of the drill results include:

 

--  Drill Hole RCHE-10-139A intersected 40.5 meters containing 1.7 grams of
    gold per tonne including a 9.0 meter interval containing 4.5 grams gold
    per tonne.

--  Drill Hole RCHE-10-171 intersected 28.5 meters containing 1.5 grams gold
    per tonne.

--  Drill Hole RCHE-10-170 intersected 82.5 meters containing 1.0 grams gold
    per tonne.

Complete results are in the accompanying table.

All drill holes are in the Las Calabazas area. The current drill program has now been completed with a current total of 41,750 meters in 251 holes since the beginning of the project. The Company is now in the process of updating the existing resource estimate for the Cerro Jumil deposit (see News Release October 1, 2008). Results of this estimate are anticipated prior to the end of the third quarter of 2010.

http://finance.yahoo.com/news/Cerro-Jumil-Esperanza-iw-3076381476.html?x=0&.v=1