Esperanza Resources Corp.
TSX VENTURE : EPZ
OTCQX : ESPZF

Esperanza Resources Corp.

August 22, 2013 05:50 ET

Esperanza Acknowledges Recent Amendment to State Law in Morelos, Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 22, 2013) - Esperanza Resources Corp. (TSX VENTURE:EPZ)(OTCQX:ESPZF) today commented on a recent amendment to article 71 (the "Amendment") of the Law of Rural Sustainable Development in the State of Morelos (the "Law").

The Amendment was published in the August 14, 2013 edition of "Tierra Y Libertad", the official newspaper of the state government of Morelos, which is available on the official state government website. The Amendment came into force the day following its August 14, 2013 publication.

The intent of the Amendment is to emphasize as a priority the promotion of the preservation, conservation and responsible use of natural resources in rural areas within the state of Morelos.

The enacted Amendment consists of adding the following paragraph to article 71 of the Law (as translated from the Spanish publication):

"In the State, the extraction, use, handling, production and/or storage of substances or mixtures thereof, which are corrosive and/or explosive and/or toxic and/or flammable and/or biological-infectious, is restricted in accordance with the Mexican Official Standards and further applicable legal provisions, within the productive, services or research processes which may represent a risk to the lands, the water, and the quality of life of the inhabitants of the State of Morelos."

The published discussion of the Amendment refers, in part, to the use of cyanide in recovering gold and silver in mining operations as well as to other substances and materials used in mining operations. Further, reference is made to the Company's wholly owned subsidiary, Esperanza Silver de Mexico and the Company's Esperanza gold project.

Certain substances and materials permitted for use in mining operations in Mexico, including cyanide, are restricted by existing Mexican legislation and regulation as referenced in the Amendment. The Company intends to continue to comply fully with such laws and regulations applicable to its mineral projects within Mexico including the Law of Rural Sustainable Development in the State of Morelos, as amended.

About Esperanza

Esperanza is a precious metals exploration and development company focused on advancing its principal property, the wholly-owned Esperanza gold project (formerly referred to as the Cerro Jumil gold project) in Morelos State, Mexico.

Information regarding the Company and the Esperanza gold project is available on the Company's website at www.epzresources.com and under the Company's profile at SEDAR (www.sedar.com).

Forward Looking Statements

Certain statements and information contained in this press release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which we refer to collectively as "forward-looking statements". The United States Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Such forward-looking statements are based on a number of material factors and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking information. You are cautioned not to place undue reliance on forward-looking statements contained in this press release. Some of the known risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements are described in the section entitled "Risk Factors" in the Annual Report on Form 40-F filed with the U.S. Securities and Exchange Commission, which is available at www.sec.gov and the Annual Information Form which is filed on SEDAR at www.sedar.com. The Company undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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