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ECU Silver Discover New High Grade Zone on Nazas Property in Durango, Mexico
Published : June 20, 2011
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Mots clés associés :   Canada | G Mexico |

TORONTO, ONTARIO--(Marketwire - June 20, 2011) - ECU Silver Mining Inc. (News - Market indicators) is pleased to report the results from developing a new vein on the Nazas property which included assays grading up to 6.18 grams per tonne (g/t) gold (Au) and 2,755 g/t silver (Ag).

The Nazas property is under option to ECU Silver with the possibility of ECU Silver acquiring a 100% interest for payments totalling US$1,100,000 over the next two years.

While conducting bulk testing for mineralized material amenable to open pit mining, a two meter wide vein was uncovered and bulk tested separately. The structure associated with this vein has been followed along strike for over 500 meters. In the first bench, a height of nine meters of the bench was tested over 30 lateral meters with the average bulk grade of the two meter vein being 0.35 g/t Au and 68 g/t Ag over 19 samples, with the best assays being 0.84 g/t Au and 598 g/t Ag. In the second bench, three meters has been done to date, also over 30 lateral meters and assays averaged 0.72 g/t Au and 241 g/t Ag from 33 samples, with the best assay being 6.18 g/t Au and 2,755 g/t Ag.

Considering these preliminary results, the Company intends to continue opening the vein at depth and laterally as well as test other similar structures on the property.

Progress on drilling the deep seated massive sulphides has not progressed as quickly as originally planned due to mechanical problems with the drilling. These problems have been addressed and drilling has resumed.

All widths are true widths. Samples were assayed at the ERSA laboratory in Torreon, Coahuila, Mexico, which is currently in the process of being certified. Michel Roy, PGeo, a qualified person within the meaning of NI 43-101, prepared the technical information disclosed in this news release.

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 N.I. 43-101 compliant mineral resource of 40 million silver equivalent ounces in the measured and indicated category and 391 million silver 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.

Cautionary Statements

Readers are cautioned that there are no assurances that all or any part of ECU Silver's mineral resource will be economically viable. Until a prefeasibility study is completed, there are no assurances the release of an updated mineral resource will be economically viable.

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.

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
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Ecu Silver Mining Inc.

CODE : ECU.TO
ISIN : CA26830P1053
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Ecu Silver est une société de production minière d'argent basée au Canada.

Ecu Silver est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 204,9 millions CA$ (208,2 millions US$, 148,1 millions €).

La valeur de son action a atteint son plus bas niveau récent le 25 janvier 2002 à 0,01 CA$, et son plus haut niveau récent le 08 septembre 2006 à 3,65 CA$.

Ecu Silver possède 320 081 000 actions en circulation.

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Dans les médias de Ecu Silver Mining Inc.
30/08/2006Follow up N° 3
18/08/2006Toward a Positive End of the Consolidation Phase
18/08/2006Vers une nouvelle poussée haussière
08/07/2006Follow up N° 2
20/02/2006ANALYSIS : Follow up N° 1
Financements de Ecu Silver Mining Inc.
14/07/2011Announces Closing of Private Placement of Convertible Notes
28/07/2008Completes Previously Announced Private Placement
05/06/2007Completes Previously Announced $28.75 Million Private Placem...
04/05/2007Announces Pricing of Previously Announced $25 Million Privat...
03/05/2007Announces Up To $25 Million Private Placement led by Blackmo...
Nominations de Ecu Silver Mining Inc.
26/04/2010Announces New Appointments
Rapports Financiers de Ecu Silver Mining Inc.
16/08/2011Releases Second Quarter Results for 2011
15/06/2011Releases First Quarter Results for 2011
01/04/2011Releases Year End Results for 2010
15/02/2011(Velardena District)REPORTS GOLD AND SILVER SHIPMENTS AND PRODUCTION IN FOURTH Q...
14/11/2007 Announces Third Quarter Financial Results and Appointment o...
Projets de Ecu Silver Mining Inc.
20/06/2011(Nazas)DISCOVER NEW HIGH GRADE ZONE ON NAZAS PROPERTY IN DURANGO, M...
07/06/2011(Terneras)Enters High Grade Workings of Terneras Mine
22/05/2011(Velardena District)Deep Drilling of Massive Sulphides has Reached Target Zone
03/05/2011(Santa Juana)Finds New Mineralization in Upper Levels of the Santa Juana ...
05/04/2011(Velardena District)PROVIDES UPDATE ON DEEP DRILLING OF MASSIVE SULPHIDES
24/03/2011(Velardena District)Reports Arrival of High Performance Deep Drill at Its Velard...
17/03/2011(Velardena District)Continues to Develop the Terneras West Mine
22/02/2011(San Diego)Golden Tag and ECU Silver Initiate Work Program on San Diego...
07/02/2011(Santa Juana)Reports Results From Stope/Resource Reconciliation at the Sa...
27/01/2009(San Diego)Technical Report on its Velarde=F1a District Properties
03/09/2008(Santa Juana)Hits Gold at Depth
27/08/2008(San Diego)ADDITIONAL HIGH-GRADE SILVER INTERCEPTS AND NEW VEINS AT SAN...
07/04/2008Confirmation of High Grade Silver-Lead-Zinc Values in Main V...
10/03/2008(Velardena District)Files NI 43-101 Compliant Report on its Velardeña District P...
20/02/2008New San Diego, Mexico Drilling Results Confirm Additional Bu...
28/01/2008(San Diego)Golden Tag & ECU Silver File 43-101 Report: Review of the Mi...
24/01/2008Doubles NI 43-101 Mineral Resource Estimate and Highlights S...
13/12/2007(San Diego)Golden Tag & ECU Silver Announce New Resource Estimate a...
26/10/2007(Santa Juana) announces New Assay Results on CC Vein at Santa Juana
16/10/2007(Velardena District)Announces Eastern Extension of Terneras Vein
03/05/2007(Santa Juana)New Development and Drilling Results in the Mineralized Corr...
30/03/2007(Santa Juana)new assays from Level 18 within the Mineralized Corridor at ...
27/02/2007drilling results at San Mateo Mine
Communiqués de Presse de Ecu Silver Mining Inc.
31/08/2011OBTAINS FINAL ORDER FOR =E2?=A8ARRANGE
30/08/2011Golden Minerals and ECU Silver Mining Inc. Announce Results ...
17/08/2011Announces that Leading Corporate Governance Analysis and Pro...
05/08/2011Announces Filing of Information Circular
20/07/2011Obtains Interim Order for Plan of Arrangement
09/05/2011Chairman and CEO, Michel Roy, Provides Letter to Shareholder...
27/04/2011Provides Additional Update on Deep Drilling of Massive Sulph...
15/10/2010New interview with Michel Roy, CEO of ECU Silver Mining
25/01/2010Obtains Receipt for Final Prospectus
13/10/2009Increases Amount of Gold and Silver in the Month of Septembe...
02/09/2009Reports on Gold Dore for July
21/05/2009Provides Update on Mill Operations
24/11/2008To Release Mineral Resource Update
04/11/2008And Golden Tag Cut Additional Massive Sulphides At San Diego
29/09/2008Signs Concentrate Sales Agreement
12/08/2008(Terneras)Continues Exploration Success at Terneras East
30/05/2008Invited to Present at New York Society of Security Analysts
28/05/2008(Terneras)Continues Exploration Success in Northern Branch of Terneras...
05/05/2008Arranges New Debt Financing
28/04/2008to be Featured on CEO Clips on the Biography Channel
10/04/2008Retains CHF Investor Relations
17/03/2008(Terneras)has New Discovery Near Terneras Vein
06/03/2008(Terneras)Confirms Eastern Extension of Terneras Vein
04/03/2008Announces Near-Term Resource and Production Objectives
21/02/2008Provides Corporate Update
10/01/2008Update on Resource Estimate Timing
21/12/2007Amends Terms of Debt Facility
18/12/2007Update On New Resource Estimate
03/12/2007Comments on Trading Activity
28/09/2007Announces New Vein Discovery and Exploration Update
20/09/2007Announces Acquisition of Title and Ownership of Key Velardeñ...
29/08/2007(Terneras)Announces New Discovery at Terneras Mine
20/08/2007Has No direct exposure to recent credit crisis
18/07/2007Announces New Assays at its Chicago Property in Mexico.
27/06/2007to Commence Trading on the TSX
13/04/2006finds 28.96 g/t Au in Veta Oriente vein
01/10/2005Réception des analyses de l’échantillonage à San Matéo
23/09/2005Communique de Presse
19/09/2005(San Mateo)Atteint la veine principale de San Mateo
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