This just arrived at my desk. May be a restatement of last week's ECU release:

Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Scruffy

Rank: President [?]

Points: 8381 [?]

Votes: 69 Score: 3.7 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

This just arrived at my desk. May be a restatement of last week's ECU release:

posted on Aug 05, 2010 04:39PM

Seems familiar.

TORONTO, ONTARIO – August 3, 2010 – ECU Silver Mining Inc. (TSX: ECU) is pleased to announce that it has achieved record silver and gold output from its mining operations at Velardeña in Durango State, Mexico.

In the second quarter of 2010 (Q2 2010) the operations generated silver totaling 106,887 ounces (Ag oz) and gold totaling 3,064 ounces (Au oz), which is a quarterly record. In addition, the mines generated 58,273 pounds of lead and 36,533 pounds of zinc. Expressed in terms of silver equivalent ounces (AgEq oz), and based on current commodity prices (see Table 1 below), total metal output was 314,754 AgEq oz.

Table1

	Comodity Price	Metal Output	Silver Equivalent Output
Silver	$17.50 /oz	106,887 oz	106,887 oz
Gold	$1160 /oz	3,064 oz	203,096 oz
Lead	$0.90 /lb	58,273 lb	2,997 oz
Zinc	$0.85 /lb	36,533 lb	1,774 oz
Total			314,754 oz

Operations at Velardeña have reached record levels since the Cyanide Leach Plant (Oxide Plant) was acquired with the best quarterly performance to date. Highlights for Q2 2010 versus the first quarter of 2010 (Q1 2010) include:

15% increase in overall metal output compared to Q1 2010 to a record 314,754 AgEq oz.
2% increase in silver output compared to Q1 2010 to a record 106,887 Ag oz.
28% increase in gold output compared to Q1 2010 to 3,064 Au oz.

The Velardeña operations recorded a much improved quarter as the gold and silver grades and recoveries increased. Mineralized material mined for silver and gold averaged 146 g/t and 3.23 g/t, respectively, an increase of 20% for silver and 15% for gold compared to the Q1 2010 while milling grades averaged 95 g/t and 2.79 g/t for silver and gold, respectively.

Stephen Altmann, President of ECU said, “The gold content of our mineralized material is proving to be quite substantive. Consequently, with higher gold grades, strong results from our mining and milling operations, and the recently announced sale of our pyrite concentrates, the third quarter should be an attractive quarter for ECU.”