Esperanza Silver Corporation

Esperanza Silver Corporation

May 18, 2006 17:20 ET

Esperanza Silver Corporation: Granting of Stock Options

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 18, 2006) - Esperanza Silver Corporation ("Esperanza" or the "Company") (TSX VENTURE:EPZ) announces that pursuant to the Company's Stock Option Plan, 892,500 incentive stock options exercisable at $1.56 per share for a period of five years have been granted to certain directors, officers, employees and consultants of the Company.

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 high-grade gold and silver discovery in central Peru and the Cerro Jumil bulk tonnage gold prospect in Morelos State, Mexico. It has other exploration interests in Peru, Mexico and Bolivia. The Company's objective is to take properties up to the resource definition stage and then find partners to take them into production.

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

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