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Re: ECU Silver Achieving Excellent Progress on Mineral Resource Recoveries
Up until now, the Company has been stockpiling this concentrate and today the pyrite concentrate inventory stands at 13,825 tonnes grading 20.6 g/t gold and 151 g/t silver. This equates to a total content of 9,150 ounces of gold and 67,000 ounces of silver.
At today's metal prices ($900 and $14), this is worth approximately $9.2 million. Excellent.