I just sent the following email to Mark Butler at ECU investor relations:

Mark,

I have a couple of technical questions which relate to today’s new release. Is the ore described in today’s news release a sulphide or oxide ore? Next, for the reported 0.33 meter average vein width, since the NI43-101 dilutes the value of narrow veins to 1 meter, does this mean that all the 1 meter wide rock dug out for a narrow vein like this would have to be processed at the mill, or could just the 0.33 meters of mineralized ore be sent to the mill, with the waste rock separated and not processed? Thanks,

-Bryant

Undiluted, the results in today's news release show an ore worth $424/tonne after deducting for a 60% recovery rate and 10% smelting fee. If the ore is diluted to a 1 meter width and the above reductions are made, it is worth $140/tonne. By comparison, in Q2 2010, ECU milled 58,063 tonnes and had sales of $4,986,000. Sales in Q2 were thus $85.87/tonne milled. Undiluted, today's news release contained rock which is 5 times more valuable than what we have been milling. A minor part of the increased value is the increase in metal prices since Q2.