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

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Michel Roy, CEO and Chairman of ECU stated, “This consistent higher grading in the production stopes has been reported in several press releases of the Company in recent months. The Company intends to use all this information to reconcile assays from production and assays from the NI 43-101 resources report. The objective will be to evaluate the opportunity of understanding whether revising the current resources merits producing a new NI 43-101 compliant mineral resource report that would include the results of this reconciliation.”

I know that it is expensive to do, but I would hope that ECU updates their NI 43-01 resouce report once drilling results from Chicago, massive sulphides and maybe even San Diego have been released, including today's and previous announcements of better grades (than the existing 43-01).

If the resource estimate is not upgraded, then potential investors have only the old numbers to go by (which, although good, will pale in comparison to the upgrade).

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