ECU Silver Mining Inc.
TSX : ECU

ECU Silver Mining Inc.

May 03, 2010 03:00 ET

ECU Silver Added to Global X Silver Miners ETF and Is Also Featured in Resource World Magazine

TORONTO, ONTARIO--(Marketwire - May 3, 2010) - ECU Silver Mining Inc. (TSX:ECU), which holds a mineral resources of over 6 million gold equivalent ounces, is pleased to announce that it has been added to the Global X Silver Miners ETF. The Company is also featured in Resource World Magazine, a monthly publication that has international distribution.

Global X, the New York-based ETF issuer, has recently launched the Global X Silver Miners ETF on the NYSE Arca. The ETF offers exposure to silver prices through the stocks of commodity-producing companies.

The Resource World Magazine article highlights ECU Silver's success in growing its mineral resources and growing its milling operations. ECU Silver plans on continuing to aggressively grow its mineral resources through the conversion of known areas of mineral potential. ECU also plans to expand its milling operations with a plan to add a third mill to its existing operating mills.

Excerpts from the article include:

"ECU Silver Mining is in the enviable position of having developed substantial metal resources while, at the same time, over the first 10 months of mining operations, generated gold and silver sales…"

"ECU Silver also owns two operating mills with a combined capacity of 820 tonnes per day (TPD)."

"ECU Silver has posted substantial increases in its silver equivalent resources since 2006."

"Independent consultants Micon International have prepared a 43-101 compliant report…"

"These resources have potential for expansion as mineralization remains open laterally and to depth."

"Infrastructure is good…"

"ECU will be releasing a scoping study in the near future that will cover the economics of running a 1500 TPD mill with the option of ramping it up 5000 TPD."

The article in Resource World Magazine successfully captures some of ECU Silver's past accomplishments, current activities and future plans.

To view the Resource World Magazine article, please click on the following link, http://resourceworld.com/online/Vol8_Iss5/40.html.

About ECU Silver

ECU Silver Mining Inc. is focused on the exploration, development and mining of gold, silver and base metals at its Velardeña District Properties in Durango, Mexico. The Company holds a NI 43-101 compliant mineral resource of 40 million silver equivalent (0.6 million gold equivalent) ounces in the measured and indicated category and 391 million silver equivalent (6.0 million gold 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 Velardeña.

Contact Information

  • ECU Silver Mining Inc.
    Michel Roy
    Chairman and CEO
    Torreon, Mexico
    011 52 871 747 5750
    or
    ECU Silver Mining Inc.
    Stephen Altmann
    President
    Toronto, Canada
    (416) 366-2428
    or
    ECU Silver Mining Inc.
    Mark Butler
    Investor Relations
    Toronto, Canada
    (905) 602-4248
    www.ecu.ca