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Message: ECU Silver Mining Inc. is pleased to report

ECU Silver Mining Inc. is pleased to report

posted on Apr 14, 2010 12:43PM

ECU Silver Reports Best Operating Month in March 2010

TORONTO, ONTARIO, Apr 14, 2010 (MARKETWIRE via COMTEX News Network) --

ECU Silver Mining Inc. (TSX: ECU)

ECU Silver Mining Inc. is pleased to report that it has achieved its best month of operations since commencing operations of its oxide mill 11 months ago.

Highlights include:


-- 12% increase in silver to 33,614 ounces;
-- 40% increase in gold to 705 ounces;
-- 107% increase of gold in pyrite concentrate to 336 ounces, which was
added to the pyrite inventory;
-- 27% increase in silver equivalent to 79,443 ounces, using a silver-to-
gold ratio of 65 to one (base metals not included as equivalents);
-- Average daily throughput at the oxide mill of approximately 494 tonnes
per day ("tpd").

Silver metal equivalent generated in March highlighted the best operating month for ECU since the acquisition of the oxide mill. We are gaining a better understanding of the metallurgy which has resulted in enhanced recoveries of gold and silver. The quantity of gold and silver recovered has increased substantially, primarily due to the cessation of feeding gold rich tailings to the oxide mill, which was having a negative impact on recoveries. We continue to expect that enhanced recoveries will be achieved through modifications of the oxide mill's Merrill-Crowe system. Merrill-Crowe is the separation technique for removing gold and silver from the solution.

For March, the amount of silver equivalent generated (see Table 1) was 79,443 ounces, approximately 27% greater than February. 705 ounces of gold was generated in March, 203 ounces (40%) greater than the previous month and 33,614 ounces of silver was generated in March, which was 3,653 ounces (12%) greater than in February. An additional 336 ounces of gold contained in our pyrite concentrate, 107% greater than February, was added to our pyrite concentrate stockpile which currently contains approximately 8,600 ounces of gold.

Table 1: March 2010


----------------------------------------------------------------------------
----------------------------------------------------------------------------
Sulphide
(ounces) Oxide Mill Mill Total
----------------------------------------------------------------------------
Gold 695 10 705
Silver 27,207 6,407 33,614
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Silver Equivalent (65:1) 72,382 7,061 79,443
----------------------------------------------------------------------------
In Pyrite Concentrate (sent to
inventory)
Gold - 336 336
Silver - 2,011 2,011
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Silver Equivalent (65:1) - 23,851 23,851
----------------------------------------------------------------------------

The Company will in the future report results of its milling operations on a quarterly basis, rather than a monthly basis.

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