ECU Silver Mining Inc.
TSX : ECU

ECU Silver Mining Inc.

July 13, 2009 09:12 ET

ECU Silver Reports on Gold Dore for June

TORONTO, ONTARIO--(Marketwire - July 13, 2009) - ECU Silver Mining Inc. (TSX:ECU) reports on dore bar fabrication for the month of June.

In the month of June, our operations treating the oxide resource generated 32 dore bars with a total weight of 685 kilograms (kg). Our assays of the dore bars indicated that they contained a total of approximately 542 ounces of gold and 14,406 ounces of silver. To date we have generated 150 bars with a total weight of 3,071 kg containing 1,704 ounces of gold and 61,248 ounces of silver.

The amount of dore bars and the total weight for June was lower than that generated in the month of May due to a planned shutdown of the mill during June. We are planning to introduce higher grade gold material into the mill and the shutdown was initiated to make modifications to the mill to improve recoveries of this gold rich material.

Productivity of the oxide operations was excellent as we averaged 451 tonnes per day (tpd) during the 19 operating days of June versus last month's average production of 408 tpd. The maximum milling rate for the month of June was 549 tpd versus the 493 tpd achieved in May.

Dore shipments continue on a regular basis with the first of July's shipment having been made recently.

Cautionary Statements

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.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

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
    (416) 366-8131 (FAX)
    Website: www.ecu.ca