ECU Silver rang up another stellar production result for January 2010 – more than the November and December 2009 results combined -totaling 96,986 silver equivalent ounces! In a press release out this morning ECU Silver reported metal recovery numbers for January 2010 of 59,510 ag-equivalent ounces from the oxide mill and 37,476 ag-equivalent ounces from their sulphide mill.

From this result, it looks as if ECU’s plan to continue ramping up its throughput of mineralized material at their Velardena property are going according to plan. At $16 silver, the gold and silver values work out to roughly $15 million on an annualized basis.

AS ECU continues to build up capacity at their Velardena property in Mexico, we expect these numbers to keep going north.

From - http://babybulltwits.wordpress.com/2010/02/18/ecu-posts-excellent-gold-silver-recoveries-for-january-96000-oz-silver-equivalent/