Esperanza Resources Corp. (TSX VENTURE:EPZ) ("Esperanza" or the "Company) is
pleased to announce the appointments of Ms. Kylie Dickson as Chief Financial
Officer and Mr. Warren Beil as Corporate Secretary.  


The Company also announces it has filed on SEDAR its interim financial
statements for the second quarter period ended June 30, 2012 and the related
Management's Discussion and Analysis. Copies of these documents are available at
www.sedar.com. 


As previously disclosed in the Company's press release dated May 17, 2012, Ms.
Dickson is assuming the Chief Financial Officer position with the publication of
the Company's second quarter financial statements. Ms. Dickson is a Canadian
Chartered Accountant and was the Corporate Controller for Minefinders
Corporation Ltd. ("Minefinders") from 2007 through to the acquisition of
Minefinders by Pan American Silver in 2012. Prior to her role with Minefinders,
Ms. Dickson was an Audit Manager with the mining group at KPMG LLP in Vancouver
where she planned and executed audit and advisory engagements for public mining
companies. 


Mr. Beil has also been appointed as the Corporate Secretary of the Company with
the filing of the second quarter financial statements. Mr. Beil is a corporate
and securities lawyer with experience in advising and assisting public
companies. Mr. Beil obtained a B.A. from the University of Victoria in 2003, a
J.D., with Honors, from Bond University on the Gold Coast of Australia in 2007,
and a J.D. from the University of Toronto in 2007. Mr. Beil is the General
Counsel to Pathway Capital Ltd., a private venture capital company based in
Vancouver, B.C. Mr. Beil was previously an associate in the securities and
corporate finance group of the Vancouver office of Blake, Cassels & Gradyon,
LLP. 


The Company would like to thank David Miles and Kim Casswell for their
significant contributions to the Company's success to date. 


In addition, the Board of Directors has approved the issuance of options to
purchase 50,000 common shares of the Company (the "Options"). The Options will
have a five (5) year term and were issued after market close on August 21, 2012
with an exercise price based on the Company's closing price on that day. The
Options are being granted pursuant to the Company's stock option plan and will
be issued to an officer of the Company.


About Esperanza Resources Corp. 

Esperanza is focused on advancing the development of its principal property, the
wholly-owned Cerro Jumil gold project in Morelos State, Mexico.


SAFE HARBOUR: Some statements in this release are forward-looking in nature. The
United States Private Securities Litigation Reform Act of 1995 provides a "safe
harbour" for certain forward-looking statements. Such statements include
statements as to the appointments of officers of Esperanza Resources Corp., the
issuance of stock options of Esperanza Resources Corp., the advancement of the
Cerro Jumil property and the corporate development of Esperanza Resources Corp. 


The forward-looking statements involve risks and uncertainties and other factors
that could cause actual results to differ materially. Please refer to a
discussion of some of these risk factors in Esperanza Resources Corp.'s Form
20-F filed with the U.S. Securities and Exchange Commission. The forward-looking
statements contained in this document constitute managements' current estimates
as of the date of this release with respect to the matters covered herein.
Esperanza Resources Corp. expects that these forward-looking statements will
change as new information is received and that actual results will vary,
possibly in material ways. Forward-looking statements are based on the beliefs,
expectations and opinions of management on the date the statements are made, and
the company does not assume any obligation to update forward-looking statements
if circumstances or management's beliefs, expectations or opinions should
change. For these reasons, investors should not place undue reliance on
forward-looking statements.


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