news out 1,809 g/t Ag, 10.8g/t Au, 2.92%Cu, 11.46%Zn, 5.48%Pb
ECU Silver Mining Inc.: Press Release
NEWS RELEASE TRANSMITTED BY CCNMATTHEWS
ECU Silver Mining Inc.
February 9, 2006 - 09:21:08 ET
ECU Silver Mining Inc.: Press Release
TORREON, COAHUILA--(CCNMatthews - Feb. 9, 2006) -
- The fifth mineralized vein in Tres Aguilas enters base metals-rich section;
- 9 meters (30 ft) averaging 0.67 meter width (2.2 ft) grading 10.8 g/t Au and
1,809 g/t Ag (1.32 oz/t Au-eq(a)) with 5.48% lead, 11.46% zinc and 2.92%
copper;
ECU Silver Mining Inc. (TSX VENTURE:ECU) (the "Company") is pleased to
announce additional assay results from drifting on the 16th level in the Tres
Aguilas area of the Santa Juana mine. These results were compiled from the
extension of the newly discovered fifth mineralized vein on the 17th level,
the "A4" vein (see Stockwatch Jan. 19 and 23, 2006), which was also found to
extend on to level 16 (see Stockwatch Jan. 30, 2006 and Feb. 6, 2006).
The results outlined in table 1 below were obtained from 9 meters of drift
driven along the "A4" vein on level 16. This section is at the junction where
the vein changes from a calcite-rich vein to a sulphide-rich vein with
dramatic increases in base metals and silver contents. The assay results
averaged, 0.67 meter grading 10.8 g/t Au, 1,809 g/t Ag, 5.48% Pb, 10.46% Zn
and 2.92% Cu. Again we see a strong association between copper and silver. The
vein has been opened along strike for another 23 meters and assays are
pending.
(a)oz Au-eq is gold plus silver converted in gold at a 60:1 ratio (base metals
excluded)
/T/
---------------------------------------------------------------------
A4 VEIN - LEVEL 16
---------------------------------------------------------------------
Table 1
---------------------------------------------------------------------
Sample # Width m Au g/t Ag g/t Pb % Zn % Cu %
---------------------------------------------------------------------
36348 0.80 11.15 1658 2.38 8.53 2.10
---------------------------------------------------------------------
36349 0.50 7.40 1139 6.06 20.67 2.18
---------------------------------------------------------------------
36350 0.70 12.75 2460 8.61 8.23 4.39
---------------------------------------------------------------------
---------------------------------------------------------------------
Average (18m) 0.67 10.8 1,809 5.48 11.46 2.92
---------------------------------------------------------------------
/T/
The remaining 23 meters, out of a total of 50 meters, of drift are
sulphide-rich type of vein and work will be commencing shortly to find this
vein on levels 15.5 and 15. Establishing continuity is necessary so a clear
boundary can be defined in three-dimension for the change from calcite-rich to
sulphide-rich as that data can then be used as a powerful exploration tool to
pinpoint the direction from which came the mineralization.
Given the extensive planned drilling program the Company is currently
embarking on, a significant amount of data will continue to be collected that
will further verify the depth, grade, and continuity of the five veins already
encountered in the Tres Aguilas sector, as well as identify the remaining
eleven veins in the same area.
All the samples represent the true width of the veins. Samples were assayed at
Mina de San Luis, state of Durango, Mexico. Property specific quality control
samples were inserted at regular intervals in the sample sequence.
Mr. Michel Roy, P. Geo., a "qualified person" within the meaning of NI 43-101,
prepared the technical information disclosed in this news release.
ECU Silver Mining Inc is a junior Gold, Silver, Zinc and Lead producer in the
prolific mining district of Velardena, Mexico where historically over 500,000
ounces of Gold and 250,000,000 ounces of silver have been mined. Full scale
production began in May 2005 at the Company's Santa Juana mine. To ensure the
Company is positioned for continued growth and expansion, and to take full
advantage of the current record setting metals prices, the Company has a fully
operational infrastructure in place, several months of planned production
available from the current stopes, and ongoing exploration programs.
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.
/T/
Head Office
-----------
Rouyn-Noranda
Quebec, Canada
J9X 7C8
Tel: (819) 797-1210
Fax: (819) 797-1214
Corporate Office
----------------
J. I. Jimenez 663
colonia Los Angeles
Torreon, Coahuila,
Mexico, 27000
Tel: (01152)-871-717-8633
Fax: (01152)-871-718-5025
/T/
FOR FURTHER INFORMATION PLEASE CONTACT:
ECU Silver Mining Inc. Michel Roy cell: 011-52-871-727-1061 ecu@ecu.ca
www.ecu.ca
The TSX Venture Exchange does not accept responsibility for the adequacy or
accuracy of this release. |
