It is also impressive, for a change, to be also mentioned in the press as a result:
http://af.reuters.com/article/metalsNews/idAFSGE6B50LF20101206
ECU Mining finds high-grade deposits at Mexico mine
Mon Dec 6, 2010 4:27pm GMT
* Says finds "mantos-type" deposits at Chicago mine
* Says mantos deposits typically contain higher grades
* Shares up 11 pct
Dec 6 (Reuters) - ECU Silver Mining (ECU.TO: Quote) said on Monday it has uncovered high mineral grade deposits at its Chicago mine in Mexico, sending shares up 11 percent.
The Canadian metal explorer said it discovered a "mantos-type" mineralized zone in the underground development at the mine, which included a cut assaying 350 grams per tonne of silver over a width of three meters.
Mantos deposits typically contain higher-than-normal grades of silver, lead and zinc, the company said in a statement.
Shares of ECU, which is focused on exploration and mining of gold, silver and base metals in Durango, Mexico, have gained 36 percent since it uncovered new mineralization at the Santa Juana mine in its Velardena properties in November.
They were up 11 percent at C$1.33 in late morning trade on Monday on the Toronto Stock Exchange. (Reporting by Gowri Jayakumar in Bangalore; Editing by Roshni Menon)
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