ECU Silver Mining Inc.
TSX : ECU

ECU Silver Mining Inc.

April 23, 2009 08:00 ET

ECU Silver Completes First Gold Pour

TORONTO, ONTARIO--(Marketwire - April 23, 2009) - ECU Silver Mining Inc. (TSX:ECU) is pleased to report that it has successfully poured its first gold/silver dore bars from the oxide mill that was recently acquired on March 9, 2009.

This is a remarkable achievement given the plant was acquired only six weeks ago. We poured a total of 20 bars with a combined weight of 398 kilograms. Assays confirm that the 20 dore bars contain a total of approximately 140 ounces of gold and 7,250 ounces of silver.

The mill has been operating very well at the expected rate of 400 tonnes per day and we have been obtaining good recoveries from the onset. We are currently feeding the mill with material from the Santa Juana mine but we are also mining from three other areas, San Juanes, San Mateo and Chicago on a daily basis, accumulating inventories in all locations.

Our mining plan is being executed as predicted and, in general, we are slightly ahead of work to be executed and so far, we have produced more material than planned.

Cautionary Statements

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 27E of the Exchange Act. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including potential property acquisitions, the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production rates, potential mineral recovery processes and rates, the proposed construction of a mill, business and financing plans, business trends and future operating revenues. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, significant downward variations in the market price of any minerals produced, the Company's inability to obtain any necessary permits, consents or authorizations required for their activities, to produce minerals from their properties successfully or profitably, to continue their projected growth, to raise the necessary capital or to be fully able to implement their business strategies. All of the Company's public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

Contact Information

  • ECU Silver Mining Inc.
    Michel Roy
    Chairman and CEO
    011 52 871 747 5750
    or
    ECU Silver Mining Inc.
    Stephen Altmann
    President
    (416) 366-2428