ECU Silver Discovers New Vein on the Chicago Property
TORONTO, ONTARIO -- (Marketwire) -- 08/31/10 -- ECU Silver Mining Inc. (TSX: ECU) is pleased to report on the first of two newly discovered veins on the Chicago Property. As reported in the press release dated August 25, 2010, ECU identified two new veins plus a high grade extension of the known Gambusinos Vein, all within the Chicago Property. Recently, a drift was opened along the first of the newly discovered veins, named the Escondida Vein, over a total length of 195 metres (640 feet). The Company has received assays for the first 165 metres (540 feet) which graded an average of 7.21 grams per tonne (g/t) gold (Au), 346 g/t silver (Ag), 6.55% lead and 7.45% zinc over an average width of 0.33 metres (1 foot). Assays were based on 50 cuts separated by approximately 3 metres (10 feet) each, with the best cut grading 39.73 g/t Au, 618 g/t Ag, 7.25% lead and 6.39% zinc over an average width of 0.30 metres (1 foot).
The Escondida Vein lies within a vein system that is known to extend over 1,300 metres (4,265 feet) in length and 850 metres (2,790 feet) in depth, based on previous geological information. This vein was not included in the Company's last NI 43-101 mineral resource estimate.
Michel Roy, Chairman and CEO stated; 'We remain very encouraged that the Escondida Vein will continue to show tremendous continuity laterally and at depth, consistent with other veins in the Chicago system.'
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