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Ecu Silver Mining Inc.

Published : February 21st, 2008

Provides Corporate Update

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Re: News Release - Thursday, February 21, 2008
ECU Provides Corporate Update
======================================================================

TORONTO, ONTARIO, February 21, 2008 - ECU Silver Mining Inc. ("ECU
Silver") (TSX:ECU) would like to provide its shareholders with a
corporate update.

The stock market for junior companies in the mining sector has recently
been quite challenging despite the ongoing strength of commodity
prices. While we believe the market will be robust for the juniors over
the longer term, we are planning to take advantage of the current
strength in commodity prices and will resume mining operations and
milling at the Santa Juana mine beginning this quarter.

The commercial operations at the Santa Juana mine and Velarde�a mill
were temporarily suspended while we conducted several metallurgical and
processing tests of mineralized material from the mine. These tests are
essentially complete and we are now better positioned to resume mining
and milling operations. Since finalizing our 3-dimensional geological
model of the mineral resource for the NI 43-101 report, we have gained
a stronger understanding of the 3-dimensional behavior of our mineral
resource which will enhance our mining efforts.

The objectives of resuming mining and milling operations are to
highlight specific high-grade sectors of the mine, refine mining
methods, fine tune the metallurgical processes and generate cash flows
to help fund our exploration efforts. The primary focus of the Company
will continue to be on exploration.

We expect that the anticipated new revenues from our mining operations,
combined with receivables and current cash position, should be
sufficient to finance the 2008 exploration program. Consequently, based
on current expectations, we have no plans to issue new equity to fund
our 2008 exploration program.

The Company is completing the outline of its 2008 exploration program
and will be providing an exploration update to our shareholders
immediately after finalizing the details.

For additional information please contact:

ECU Silver Mining Inc.
Stephen Altmann, President
Ph : 416-644-8640
Email: ecu@ecu.ca

======================================================================
Copyright (c) 2008 ECU SILVER MINING INC. (ECU) All rights reserved.
For more information visit our website at http://www.ecu.ca/ or send
mailto:ecu@ecu.ca
======================================================================
.

Ecu Silver Mining Inc.

CODE : ECU.TO
ISIN : CA26830P1053
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Ecu Silver is a silver producing company based in Canada.

Ecu Silver is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 204.9 millions as of today (US$ 208.2 millions, € 148.1 millions).

Its stock quote reached its lowest recent point on January 25, 2002 at CA$ 0.01, and its highest recent level on September 08, 2006 at CA$ 3.65.

Ecu Silver has 320 081 000 shares outstanding.

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In the News and Medias of Ecu Silver Mining Inc.
8/30/2006Follow up N° 3
8/18/2006Toward a Positive End of the Consolidation Phase
7/8/2006Follow up N° 2
2/20/2006ANALYSIS : Follow up N° 1
Financings of Ecu Silver Mining Inc.
7/14/2011Announces Closing of Private Placement of Convertible Notes
7/28/2008Completes Previously Announced Private Placement
6/5/2007Completes Previously Announced $28.75 Million Private Placem...
5/4/2007Announces Pricing of Previously Announced $25 Million Privat...
5/3/2007Announces Up To $25 Million Private Placement led by Blackmo...
Nominations of Ecu Silver Mining Inc.
4/26/2010Announces New Appointments
Financials of Ecu Silver Mining Inc.
8/16/2011Releases Second Quarter Results for 2011
6/15/2011Releases First Quarter Results for 2011
4/1/2011Releases Year End Results for 2010
2/15/2011(Velardena District)REPORTS GOLD AND SILVER SHIPMENTS AND PRODUCTION IN FOURTH Q...
11/14/2007 Announces Third Quarter Financial Results and Appointment o...
Project news of Ecu Silver Mining Inc.
6/20/2011(Nazas)DISCOVER NEW HIGH GRADE ZONE ON NAZAS PROPERTY IN DURANGO, M...
6/7/2011(Terneras)Enters High Grade Workings of Terneras Mine
5/22/2011(Velardena District)Deep Drilling of Massive Sulphides has Reached Target Zone
5/3/2011(Santa Juana)Finds New Mineralization in Upper Levels of the Santa Juana ...
4/5/2011(Velardena District)PROVIDES UPDATE ON DEEP DRILLING OF MASSIVE SULPHIDES
3/24/2011(Velardena District)Reports Arrival of High Performance Deep Drill at Its Velard...
3/17/2011(Velardena District)Continues to Develop the Terneras West Mine
2/22/2011(San Diego)Golden Tag and ECU Silver Initiate Work Program on San Diego...
2/7/2011(Santa Juana)Reports Results From Stope/Resource Reconciliation at the Sa...
1/27/2009(San Diego)Technical Report on its Velarde=F1a District Properties
9/3/2008(Santa Juana)Hits Gold at Depth
8/27/2008(San Diego)ADDITIONAL HIGH-GRADE SILVER INTERCEPTS AND NEW VEINS AT SAN...
4/7/2008Confirmation of High Grade Silver-Lead-Zinc Values in Main V...
3/10/2008(Velardena District)Files NI 43-101 Compliant Report on its Velardeña District P...
2/20/2008New San Diego, Mexico Drilling Results Confirm Additional Bu...
1/28/2008(San Diego)Golden Tag & ECU Silver File 43-101 Report: Review of the Mi...
1/24/2008Doubles NI 43-101 Mineral Resource Estimate and Highlights S...
12/13/2007(San Diego)Golden Tag & ECU Silver Announce New Resource Estimate a...
10/26/2007(Santa Juana) announces New Assay Results on CC Vein at Santa Juana
10/16/2007(Velardena District)Announces Eastern Extension of Terneras Vein
5/3/2007(Santa Juana)New Development and Drilling Results in the Mineralized Corr...
3/30/2007(Santa Juana)new assays from Level 18 within the Mineralized Corridor at ...
2/27/2007drilling results at San Mateo Mine
Corporate news of Ecu Silver Mining Inc.
8/31/2011OBTAINS FINAL ORDER FOR =E2?=A8ARRANGE
8/30/2011Golden Minerals and ECU Silver Mining Inc. Announce Results ...
8/17/2011Announces that Leading Corporate Governance Analysis and Pro...
8/5/2011Announces Filing of Information Circular
7/20/2011Obtains Interim Order for Plan of Arrangement
5/9/2011Chairman and CEO, Michel Roy, Provides Letter to Shareholder...
4/27/2011Provides Additional Update on Deep Drilling of Massive Sulph...
10/15/2010New interview with Michel Roy, CEO of ECU Silver Mining
1/25/2010Obtains Receipt for Final Prospectus
10/13/2009Increases Amount of Gold and Silver in the Month of Septembe...
9/2/2009Reports on Gold Dore for July
5/21/2009Provides Update on Mill Operations
11/24/2008To Release Mineral Resource Update
11/4/2008And Golden Tag Cut Additional Massive Sulphides At San Diego
9/29/2008Signs Concentrate Sales Agreement
8/12/2008(Terneras)Continues Exploration Success at Terneras East
5/30/2008Invited to Present at New York Society of Security Analysts
5/28/2008(Terneras)Continues Exploration Success in Northern Branch of Terneras...
5/5/2008Arranges New Debt Financing
4/28/2008to be Featured on CEO Clips on the Biography Channel
4/10/2008Retains CHF Investor Relations
3/17/2008(Terneras)has New Discovery Near Terneras Vein
3/6/2008(Terneras)Confirms Eastern Extension of Terneras Vein
3/4/2008Announces Near-Term Resource and Production Objectives
2/21/2008Provides Corporate Update
1/10/2008Update on Resource Estimate Timing
12/21/2007Amends Terms of Debt Facility
12/18/2007Update On New Resource Estimate
12/3/2007Comments on Trading Activity
9/28/2007Announces New Vein Discovery and Exploration Update
9/20/2007Announces Acquisition of Title and Ownership of Key Velardeñ...
8/29/2007(Terneras)Announces New Discovery at Terneras Mine
8/20/2007Has No direct exposure to recent credit crisis
7/18/2007Announces New Assays at its Chicago Property in Mexico.
6/27/2007to Commence Trading on the TSX
4/13/2006finds 28.96 g/t Au in Veta Oriente vein
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TORONTO (ECU.TO)Other OTC (ECUXF)
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