ECU Silver Mining Inc.

ECU Silver Mining Inc.

January 10, 2007 12:12 ET

ECU Silver Appoints Metallurgical Expert to Board

TORONTO, ONTARIO--(CCNMatthews - Jan. 10, 2007) - ECU Silver Mining Inc. (TSX VENTURE:ECU) is pleased to announce the appointment of Mr. Dan Kappes, an internationally recognized metallurgical engineering expert, to the Company's Board of Directors.

Dan Kappes, President of Kappes, Cassiday and Associates ("KCA"), is a Registered Professional Mining and Metallurgical Engineer with over 30 years of industry experience in the evaluation and design of mineral recovery projects. Mr. Kappes has been involved in the majority of KCA's projects that have resulted in the development of producing mines in Mexico and globally. Mr. Kappes will be a valuable addition to the Board of Directors as ECU continues the advancement and development of its Velardena Project in Durango, Mexico.

KCA is an independent engineering firm based in Reno, Nevada providing services for over 40 years. KCA has provided design engineering and/or construction/startup supervision of numerous processing plants for several mining companies around the world.

"The entire scope of ECU has changed with the clear existence of the recently announced Mineralized Corridor making Dan's appointment to the Company's Board both timely and valuable as we move into our next phase of accelerated exploration and evaluation for expansion and development in 2007." noted, Michel Roy, Chairman and Chief Executive Officer of ECU Silver Mining Inc.

The Company would also like to thank Ms. Renee Haugerud, who will be stepping down from the Board, for her valuable contribution to ECU's growth strategy over the past several years.

The Company also announces it has granted 262,000 stock options to directors and employees. The options granted have a term of five years and an exercise price of $3.00 per share.

About ECU

ECU Silver Mining Inc. is a Canadian silver and gold mining and exploration company with executive offices in Toronto, Ontario, that is involved in the evaluation, development and mining of precious metal deposits in Mexico. The Company owns the historically prolific, 564-hectare Velardena Property which holds five mines and a milling operation in the state of Durango, Mexico. ECU's goal is to become one of Mexico's largest producing silver mines. ECU's common shares are listed on the TSX Venture Exchange under the trading symbol ECU.

Statements in the release that are "forward-looking statements" are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially. We undertake no duty to update any forward-looking statement to conform the statements to actual results or changes in our expectations.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • ECU Silver Mining Inc.
    Richard Buzbuzian
    Vice President
    (416) 644-8640
    (416) 644-8801 (FAX)