Replies to post #5219 on ~*~Mining and Metals Du Jour~*~

[basserdan]

ECU Silver Reports on Gold and Silver Operations for January 2010

On Thursday February 18, 2010, 11:03 am
TORONTO, ONTARIO--(Marketwire - Feb. 18, 2010) - ECU Silver Mining Inc. (TSX:ECU - OTC:ECUXF)

ECU Silver Mining Inc. is pleased to report on its silver and gold fabrication for the month ending January 2010.

Highlights include:

- Silver generated in January was greater the ounces generated in November and December of 2009, combined.
- January yielded a silver equivalent of 59,510 ounces from the oxide mill and 37,476 ounces from the sulphide mill.
- Average daily throughput at the oxide mill was 650 tonnes per day ("tpd").

As expected, the amount of silver equivalent generated in January was approximately 120% greater than December and more than November and December of 2009, combined. Gold ounces in dore were 14% lower than December due to lower feed grades while adjusting the circuit and lowering the copper content in the solutions. Gold generated in concentrates was up 98%.

In January, the Company generated (see Table 1), a total of 472 ounces of gold and 26,470 ounces of silver from its oxide mill and also generated 245 ounces of gold and 20,326 ounces of silver contained in concentrates from the sulphide mill. Using the current silver-to-gold ratio of 70 to one (base metals not included as equivalents), ECU generated 59,510 ounces of silver equivalents from its oxide mill and 37,476 ounces of silver equivalents from its sulphide mill.

Table 1: January 2010------------------------------------------------------------------------------------------------------------------------------------ 
 (ounces) Oxide Mill Sulphide Mill Total 
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 Gold 472 30 502Silver 26,470 18,496 44,966 
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 Silver Equivalent (70:1) 59,510 20,596 80,106 
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 In Pyrite Concentrate   
 (sent to inventory)  
 Gold - 215 215  
 Silver - 1,830 1,830 
 ------------------------------------------------------------------------------------------------------------------------------------ 
 Silver Equivalent (70:1) - 16,880 16,880 
 ------------------------------------------------------------------

The average daily mill throughput in January has increased significantly to 650 tpd and the copper levels in the solutions have been maintained at acceptable levels.

The Company plans, after the first quarter 2010, to report results of its milling operations on a quarterly basis.

About ECU Silver

ECU Silver Mining Inc. is focused on the exploration, development and mining of gold, silver and base metals at its Velardena District Properties in Durango, Mexico. The Company holds a NI 43-101 compliant mineral resource of 40 million silver equivalent ounces in the measured and indicated category and 391 million silver equivalent ounces in the inferred category. The Company also owns two mills with a combined capacity of 820 tonnes per day. ECU's mission is to become a pre-eminent silver and gold producer through the development of its existing and potential mineral resources at Velardena.

http://finance.yahoo.com/news/ECU-Silver-Reports-on-Gold-ccn-3077315269.html?x=0&.v=1