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ECU Silver Update On New Resource Estimate
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TORONTO ONTARIO, December 18, 2007 - ECU Silver Mining Inc. (TSX: ECU)
provides update regarding status of upcoming resource estimate.
Earlier in the month, a representative from Micon International was in
Torreon to review the work we had completed regarding our new upcoming
resource estimate. Micon has made several trips to our operations in
Mexico and has conducted many reviews of our progress on the new 43-101
compliant resource estimate. The latest review was conducted over a
several day period and consisted of a thorough review of the key areas
in our Velarde�a District Properties including San Diego, Santa Juana,
San Juanes, San Mateo and Chicago. In the review of each area, Micon
requested several items including long sections, cross sections,
polygonal 2D and 3D models and overall geological interpretation. Micon
also assessed the criteria for resource classification among measured,
indicated and inferred resources as well as reviewed metallurgy,
databases, quality controls and the parameters surrounding the
formula's for calculating the resource value including the criteria for
determining NSR cut-offs.
There has been an extensive amount of data and information to review
and Micon has indicated to us that they are pleased with the work that
has been completed to date by the team in Mexico. Throughout their
review Micon has made certain recommendations to our analysis and in
particular have identified areas of our analysis where we can upgrade
certain resources into the higher classifications of measured and
indicated, which the Company views as positive for the resource
estimate.
Our geological team in Mexico is working diligently and with
considerable intensity to reclassify the above mentioned resources, as
well as implementing the other recommendations made by Micon. Due to
this work and the upcoming holiday season, we now anticipate that the
new resource estimate will be released early in the New Year. We
continue to look forward to the reporting of our new resource estimate.
ECU Silver extends our best wishes to all our family, friends and
shareholders for the holiday season and for the New Year.
For additional information please contact:
Stephen Altmann, President
Ph : (416) 644-8640
Fax : (416) 644-8801
www.ecu.ca
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Copyright (c) 2007 ECU SILVER MINING INC. (ECU) All rights reserved.
For more information visit our website at http://www.ecu.ca/ or send
mailto:ecu@ecu.ca
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