ECU Silver Updates on Progress of Oxide Plant

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ECU Silver Updates on Progress of Oxide Plant

posted on Mar 31, 2009 07:10AM

March 31, 2009

ECU Silver Updates on Progress of Oxide Plant

TORONTO, ONTARIO--(Marketwire - March 31, 2009) - ECU Silver Mining Inc. (TSX:ECU) reports that it has completed the re-assembly and re-tooling of the recently acquired gold and silver recovery plant (the "Plant").

On March 9th, we announced that we had completed the acquisition of the Plant and we immediately began re-assembly and re-tooling of the on-site equipment. We are happy to report that in just three weeks, our team in Mexico has successfully completed several important tasks, clearing the path towards a fully operational plant. These tasks included the following:

- Installing all the conveyors belts and the motors for the conveyor system;

- Installing all the motors, pumps and drives for the crushing circuit;

- Installing all motors, pumps and drives for the grinding circuit;

- Installing all motors, pumps and drives for the leaching tanks;

- Preparing the CCD tanks and installing motors, pumps and drives;

- Getting the Merrill Crowe system and the foundry in working shape;

- Getting the various metallurgical and assay laboratories in working shape;

- Testing all lines to tailings ponds and preparing the ponds for new tailings;

- Replacing the main ball mill on its base and complete realignment;

- Running the mill at an initial 400 tonnes per day rate with all circuits operating except for the Merrill Crowe circuit.

All the equipment has been tested and proven to be in good working order. We have not found any major maintenance or performance issues at the Plant.

While we were completing the work at the Plant, our miners were mining underground oxide material and storing this material on surface ("stockpiling"). We currently have approximately 11,000 tonnes of mineralized material that is stockpiled and ready as initial feed for the Plant. The Plant will initially treat this stockpiled material at an anticipated rate of approximately 400 tonnes per day (tpd).

Due to the success in the work to date, we expect to commence continuous operation of the Plant on, or about, April 1st with a view to start pouring silver/gold dore bars commencing as soon as mid April.

We are very pleased with our progress at the Oxide Mill and our team continues to advance quickly.

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