Esperanza Silver Corporation
TSX VENTURE : EPZ
PINK SHEETS : ESPZF

Esperanza Silver Corporation

August 10, 2007 11:18 ET

Esperanza Silver Corporation: Tier Re-Classification

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 10, 2007) - Esperanza Silver Corporation (TSX VENTURE:EPZ) (PINK SHEETS:ESPZF) (the "Company") is pleased to announce that it has received confirmation from the TSX Venture Exchange that the Company has met the requirements for a Tier 1 Mining Issuer. Effective today, the Company's classification has changed from Tier 2 to Tier 1.

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 four major ore bodies. Its properties include the San Luis high-grade gold and silver discovery in central Peru and the 100%-owned Cerro Jumil bulk-tonnage gold project 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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