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Granting of Stock Options/Director Resigns
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Vancouver, B.C. - Esperanza Silver Corporation (TSX.V: EPZ) announces
that pursuant to its Employee Stock Option Plan that 900,500 incentive
stock options at a price of $1.40 and exercisable for a period of up to
five years have been granted to certain officers, directors, employees
and consultants of the
company.

In other news the company announces the resignation of Joseph Ovsenek
as Director. Bill Pincus, Esperanza's President and CEO said, "On
behalf of the Board of Directors I would like to thank Mr. Ovsenek for
his exceptional service to the company and wish him luck in future
endeavors."

About Esperanza

Esperanza is an exploration company focused on precious metals and is
founded on the experience and success of its management and field teams
in discovering ore bodies. Its properties include the San Luis
joint-venture project in Peru and the 100%-owned Cerro Jumil
bulk-tonnage gold project in Morelos State, Mexico. It is also actively
investigating 17 other exploration interests in Peru and Mexico.

The TSX and the TSX Venture Exchange do not accept responsibility for
the adequacy or accuracy of this news release.

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For further information, contact:

Esperanza Silver Corporation
William Pincus, President and CEO
Denver, Colorado
Tel: (303) 830 0988
Fax: (303) 830 9098
www.esperanzasilver.com
www.esperanzasilver.com

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Copyright (c) 2008 ESPERANZA SILVER CORP. (TSX-V:EPZ) All rights
reserved. For more information visit our website at
http://www.esperanzasilver.com/ or send mailto:info@esperanzasilver.com
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