Jan 19 2011
ECU Silver Mining Inc. (TSX:ECU) has announced that it has opened another vein on the main entrance level of the Santa Juana mine located in the main Velardeña Property.
The DD vein was recently opened on level 12 over a strike length of 114 meters grading 3.82 grams per tonne (g/t) gold (Au), 387 g/t silver (Ag), 1.25% lead and 0.48% zinc over an average width of 0.53 meters, including a 12 meters section that graded 4.12 g/t Au and 439 g/t Ag over 1.51 meters. This vein was opened as part of a program to verify the continuity of veins found in the lower levels of the Santa Juana mine which had not been previously verified except by a few drill holes. In this case, the vein was included in the NI 43-101 compliant resources as inferred resources.
Michel Roy, CEO and Chairman of ECU stated, "Once again, opening the known veins on the upper levels has yielded very interesting results. These confirm the success of one of the recent strategy of the Company which has been to explore and develop the upper portions of the veins found in the deeper levels of the mine. Except for the Santa Juana vein which was mined from surface, practically all other veins, 25 of them identified to date, have the potential to be extended from the lower levels of the mine which could add up to 250 meters of vertical extension to the whole system. Not only would this have a significant impact on the resources, should it be confirmed, but it would alter significantly any projected development program as it is so easily accessible from existing mine developments."
Additional Information
Readers are cautioned that until a prefeasibility study is completed, there are no assurances these latest mineralized zones will be economically viable.
All widths are true widths. Samples were assayed at the ERSA laboratory in Torreón, Coahuila, Mexico. Mr. Michel Roy, P. Geo., a "qualified person" within the meaning of NI 43-101, prepared the technical information disclosed in this news release.
Source: ECU Silver Mining Inc.