Ecu Silver Mining


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152 Postings, 6839 Tage pkeraEcu Silver Mining

 
  
    #1
5
04.06.06 19:36

Erfolgreicher Produzent mit Minen in Mexiko gibt bekannt:
http://www.ecu.ca

          §June 01, 2006
ECU Silver Mining Inc. encounters 13.30 g/t Au, 599 g/t Ag, 1.50% Pb and 0.91% Zn at "A4" vein


• "A4" vein development on level 17.5: 15 meters (49 ft) of drift averaged 13.30 g/t Au, 599 g/t Ag, 1.50% Pb and 0.91% Zn over an average width of 1.11 meter (3.6 ft);

• "San Mateo" vein assayed 6.22 g/t Au, 306 g/t Ag, 1.01% Pb and 0.80 % Zn over 0.49 meter (1.6 ft) in the 50 meters (163 ft) section of drift within the diorite and 4.05 g/t Au, 56 g/t Ag, 0.44% Pb and 0.95% Zn over 1.28 meters (4.2 ft) within the contact zone and limestones, 30 meters (98 ft) cut to date;

• Hole TA 17.5-07 encountered the stockwork zone 60 to 100 meters (196 to 326 ft) below the intercept in hole TA 17.5-06.

Torreón, Coahuila, June 1st, 2006- ECU Silver Mining inc. (TSXV:ECU)

ECU Silver Mining Inc. (the "Company") is pleased to announce further assay results from drifting on the A4 vein on level 17.5 and the San Mateo vein on level 6. The A4 vein is located in the Tres Aguilas area of the Santa Juana mine and the San Mateo vein is the main vein of the San Mateo mine. These results were compiled from sampling the veins in new drifts.

The A4 vein in the Santa Juana Mine:

The results outlined in table 1A below were obtained from 15 meters (49 ft) of drift on level 17.5 along the "A4" vein. Once again stellar grades were obtained as this section averaged 13.30 g/t Au, 599 g/t Ag, 1.50% Pb and 0.91% Zn over an average width of 1.11 meter (3.6 ft). It is worth noting that these results continue to provide further confirmation of higher grades at depth. The data collected clearly showed an increase in precious metals contents at the end of the actual drift when compared to the previous 93 meters (see Stockwatch May 25, 2006) as:

1) Gold grades have significantly increased from 8.89g/t averaged in the first 93 meters to 13.30g/t in this section, a 50 percent rise, and

2) Silver grades have significantly increased from 309 g/t averaged in the first 93 meters to 599g/t in this section, a 94 percent rise.

3) Per press release published on May 25th, 2006, 'Given that the Company has already proven that the A4 vein extends over 430 meters deeper than where this data was collected from on level 17.5, should this pattern of higher grades and greater width at depth continue, the Company feels the A4 vein alone could provide mill feed for years to come.'

 A4 VEIN -- STOPE LEVEL 17.5

Table 1A
Sample #       Width m  Au g/t   Ag g/t   Pb %  Zn %
37500-01-02      1.70     6.96    400     1.46  1.82
37503            0.80    12.00    601     0.22  0.17
37504            1.00    15.70    682     1.37  1.09
37524            0.70    31.00    385     0.01  0.06
37525-526        1.37    11.12    894     3.13  0.51
Average (15m)    1.11    13.30    599     1.50  0.91


The San Mateo vein in the San Mateo mine:

The data in Table 1B below are from 80 meters (261ft) of drifting along the San Mateo vein on level 6. The information has been divided in two sections. The first 50 meters section corresponds to the vein where the host rock is a diorite and the leaching is low to medium. The second 30 meters section corresponds to the vein as it enters the contact zone and then the limestones which are the main regional host rock. Leaching in this section is medium to high.

There are two immediate changes worth nothing as the San Mateo vein enters the highly leached section in the limestones:

1) the first change observed is an increase in thickness, up to 4.2 meters when the vein actually enters the limestones; and

2) the second change observed in this 30 meters section, is the almost complete leaching of the sulfides leaving only oxide material with lower silver and lead values but with still solid gold grades.

From an exploration point of view this development at the San Mateo mine is extremely interesting and could prove to be as significant as the A4 vein already is for the Company. Given the known data already collected in this area of the mine, the Company expects to encounter similar or even better widths than the 4.2 meters without the leaching, at depth. It is common to find enriched high grade zones above the water table, and if our beliefs are proven correct, then we should experience a material improvement in grades for both precious metals and base metals at depth. We are currently still working in the San Mateo section and we will publish results as they become available.

SAN MATEO VEIN -- LEVEL 6
Table 1B
35750-51         0.43     4.12    1,354   2.68  2.5
35752-54-55      1.84     2.10     198    0.53  0.64
35753            0.27     3.10     188    0.76  0.16
35769            0.25     3.78     176      
35772            0.25     2.63     288    1.02  0.75
35773            0.40     2.15     164    0.24  0.14
35774            0.40     2.97     982    1.99  2.56
35775            0.30     2.93     127    0.51  0.07
35776            0.33     3.53     229    0.4   0.45
35777            0.15     3.87   1,017    3.6   2.62
35778            0.26     4.03     445    1.29  0.71
35779            0.39     5.77     272    1.09  0.42
35798            0.45     2.84     181    0.44  0.43
35799            0.51     3.02     124    0.65  0.34
35800            0.30     5.54     714    1.23  0.58
35801            0.31     6.87     175    1.35  0.55
35814-15-26      0.48     5.61     174    1.56  0.89
35827-28         0.46    13.46     151    0.6   0.38
35829-30-31      0.54    21.45     439    0.31  0.63
35836            0.80     3.36     236    0.66  0.23
35840            0.71     9.23     135    0.67  0.96
35854            0.57     7.75     286    1.38  0.86
35861-62         0.47     7.96     313    2.48  1.26
35894-95         1.15    12.99     219    1.44  1.5
35796            0.34     4.03     213    0.86  0.3
In diorite (50m) 0.49     6.22     306    1.01  0.80
35924            0.32     3.14      24    0.19  0.18
35903            0.60     3.81      76    0.34  1.91
37402            2.00     3.95      11    0.72  1.11
37461            1.70     5.65      94    0.49  1.08
37419            1.70     5.45      76    0.65  1.86
37462            1.60     6.35      67    0.4   1.29
37464            0.15     8.45      43    0.2   0.83
37466            0.50     3.10     120    1.04  0.56
37468            0.25     6.05      33    0.15  0.48
37497            0.82     1.35      67    0.27  0.48
37498-99         1.25     6.06      84    0.14  0.57
37514            4.50     3.90      40    0.32  0.72
37515            1.60     0.70      31    0.65  0.93
37571-72         0.90     0.53      70    0.09  0.25
37522            0.95     6.15     422    0.10  0.12
Leached (30m)    1.28     4.05      56    0.44  0.95
Total (80m)      0.78     4.93     158    0.67  0.89


Stockwork Section on level 17.5:

Furthermore, the Company is pleased to announce that Hole TA 17.5-07, drilled below TA 17.5-06 to explore the stockwork zone approximately 60 to 100 meters deeper then the original zone, has encountered the same geological units over similar width of approximately 30 meters at depth. Assays are pending.

All widths are true widths. Samples were assayed at ERSA, in Torreón, Coahuila, and at SGS new facility in Durango, Durango, Mexico. Property specific quality control samples were inserted at regular intervals in the sample sequence.

Mr. Michel Roy, P. Geo., a "qualified person" within the meaning of NI 43-101, prepared the technical information disclosed in this news release.

ECU Silver Mining Inc is a junior Gold, Silver, Zinc and Lead producer in the prolific mining district of Velardeña, Mexico where historically over 500,000 ounces of Gold and 250,000,000 ounces of silver have been mined. Full scale production began in May 2005 at the Company's Santa Juana mine. To ensure the Company is positioned for continued growth and expansion, and to take full advantage of the current record setting metals prices, the Company has a fully operational infrastructure in place, several months of planned production available from the current stopes, and ongoing exploration programs.

Statements in the release that are "forward-looking statements" are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially. We undertake no duty to update any forward-looking statement to conform the statements to actual results or changes in our expectations.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact: Michel Roy cell: 011-52-871-727-1061



You can view the Previous News Releases item: Thu May 25, 2006, ECU Silver Mining A1 vein grades 12.21 g/t Au, 866 g/t Ag, 12.13% Pb and 20.89% Zn

You can return to the main News Releases page, or press the Back button on your browser.
                          
§
Moderation
Zeitpunkt: 17.06.06 11:29
Aktion: Forumswechsel
Kommentar: Regelverstoß

 

 
81 Postings ausgeblendet.
Seite: < 1 | 2 | 3 | 4 | 5 5  >  

1724 Postings, 5411 Tage Arriba1ECU jetzt

 
  
    #83
05.04.11 22:42
um 22:40 auf 1,02 CAD mit 2,3 Mio shares.

Es geht also los Leute.

mfg
Arriba1  

1724 Postings, 5411 Tage Arriba1ECU meldet Bohrergebnisse

 
  
    #84
05.04.11 22:57
hier noch ne news von soeben:
ECU Silver Provides Update on Deep Drilling of Massive Sulphides

The drill is currently reaming drill hole SJ-08-21 which initially intersected two massive sulphide veins (the M-S veins)

Zahlen gibts hier
http://finance.yahoo.com/news/...-on-ccn-3128105523.html?x=0&.v=1

mfg
Arriba1  

1724 Postings, 5411 Tage Arriba1Bericht und Bewertung

 
  
    #85
06.04.11 17:58
Stonecap Securities nennt erstes Kursziel mit 1,20 Cad.

http://www.ecu.ca/images/pdf/ECU%20Silver%20Stonecap%20Securities.pdf

mfg
Arriba1  

5124 Postings, 5403 Tage mikkkiUnglaublich!

 
  
    #86
1
08.04.11 13:12

Bei dem Silberpreis müsste doch noch mehr gehen. Da könnte man das physische ja mal verkaufen und hier reinhauen.

Andrerseits kann man die Aktien nicht in die Hand nehmen, aber schon ne enorme Diskrepanz.

 

5409 Postings, 5285 Tage SchwerreichGeduld!

 
  
    #87
19.04.11 09:24

  Eigentlich sollte uns das recht sein, dass die Hedgefunds sich hier im Auftrag der FED kaputt-shorten...(Bob Chapman). 

Schaut mal, was in der 79/80-er Rally für Gewinne gemacht wurden mit den Minen:

Some examples were: Lion Mines - 1975 price $0.07 / 1980 price $380 YES that's right it's not a misprint you could of bought 10,000 shares of lion mines in 1975 for around $700 dollars and if you held on for the whole 5 years January 1980 you could have netted a total profit of around $3,799,300. Not bad hey!!!!! A few others were Bankeno - 1975 price $1.25 / 1980 price $430. Wharf Resources - 1975 price $0.40 / 1980 price $560. Steep Rock - 1975 price $.93 / 1980 price $440 Mineral Resources - 1975 price $.60 / 1980 price $415 . Azure Resources - 1975 price $0.05 / 1980 price $109. (Gold-Eagle.com)

Die wollen euch rausekeln, aber keine Angst, die Minen werden schon noch explodieren. Silber wird weiter steigen! - Die Minen werden spätestens, wenn die HF's covern müssen, ebenfalls stark steigen!

Hält durch!

Nicht nur Silvermex, ECU etc. sanken, andere Minen ebenfalls, und das trotz steigendem Silberkurs - Haltet durch, und lasst euch nicht rausschütteln!

 

2074 Postings, 6375 Tage Joschi307Ecu Silver 68,4 Cent

 
  
    #88
20.04.11 14:16
Fakten:

Releases year end results for 2010

* metal sales for 2010 were 16,021 ounces of gold

* sold 356,559 ounces of silver

* 445,650 pounds of lead  (Blei)

* 423,996 pounds zinc


** ECU reported a net loss of $6.9 million, or 2 cents per share in 2010

** compared with a net loss of $8.4 million, or 3 cents per share in 2009

** the income statement does not report revenues from sales

** Revenues from metal sales are reported in the statement of cash flows and were $19.3 million in 2010

**compared with $6.6 million in 2009, a 194% increase year over year.


ECU Silver, wird derzeit nicht geshortet:

"Below are the top five companies in the Precious Metals & Minerals industry ranked by the lowest short interest ratio. A low short interest ratio may indicate that there are only a few people who are bearish on the stock.
ECU Silver Mining (NASDAQ:ECUXF) has a short interest ratio of 0 based on average daily volume of 232,000 shares and 2,000 shares short. That equates to 0% of the 308.9 million shares outstanding."

Quelle: http://www.mysmartrend.com/news-briefs/news-watch/...cious-metals-min  

379 Postings, 5847 Tage eskannnurbesserwer.Aufgestockt

 
  
    #89
1
27.04.11 15:18

Habe Heute ein wenig aufgestockt. Bei dem Kurs musste ich das tun, war wie ein Sog.

 

5409 Postings, 5285 Tage SchwerreichAuf längere Sicht ein guter Dip!

 
  
    #90
28.04.11 22:14

913 Postings, 5143 Tage GordonShumwayganz schön ärgerlich...

 
  
    #91
29.04.11 11:23
wenn ich mir das Bollinger Band so ansehe, ist momentan ein verdammt guter Einstiegszeitpunkt.
Wenn ich mir die Fundamentaldaten um Silber ansehe..... muss ich zuschlagen!
Und wenn ich meinem Bauchgefühl traue, dann wird es sich richtig lohnen!

Leider fehlt mir momentan ein wenig Spielgeld..... :-(
Nächste Woche steige ich ein!  

832 Postings, 5165 Tage dersammlerDa gebe ich dir

 
  
    #92
29.04.11 12:04
recht der Einstiegspunkt könnte laut RSI und Bollinger nicht besser sein. Deshalb habe ich heute sxhon zugeschlagen für 0,546. Mich würde es nicht wundern wenn es heut schon 10% wieder nach oben geht.  

913 Postings, 5143 Tage GordonShumwaywürde mich auch nicht wundern...

 
  
    #93
29.04.11 12:44
hab mal zugeschlagen und mir ne Mini-Posi mit 1200 Stück zugelegt.  

832 Postings, 5165 Tage dersammlerBin mit

 
  
    #94
29.04.11 12:56
4166 Stücken dabei.  Auf steigende Kurse ;-).  

5409 Postings, 5285 Tage SchwerreichJetzt habe ich gerade eine Order aufgegeben

 
  
    #95
04.05.11 08:15

Ich wollte eigentlich kein Geld mehr in Minen schichten, doch dies sind Kaufkurse!

 

5409 Postings, 5285 Tage SchwerreichDie Erholung ist im Gange

 
  
    #96
09.05.11 16:39

 Aktuell schon über 75.06 cent, und die Erholung hat erst gerade gestartet!

 

511 Postings, 5331 Tage AvalancheEin interessanter Artikel zu ECU

 
  
    #97
1
10.05.11 07:59
Der krasse Downmove wäre demnach eine Folge der Hedging-Strategie - Silber long/Silberminen short

http://www.finanznachrichten.de/...des-letter-to-shareholders-256.htm  

5409 Postings, 5285 Tage SchwerreichNews

 
  
    #98
10.05.11 09:00

ECU Silver Chairman and CEO, Michel Roy, Provides Letter to Shareholders
TORONTO, ONTARIO – May 9, 2011 – ECU Silver Mining Inc. (TSX: ECU)

http://www.ecu.ca/...s&catid=76%3A2011&Itemid=216&lang=en


03 May 2011
ECU Silver Finds New Mineralization in Upper Levels of the Santa Juana Mine
TORONTO, ONTARIO--(Marketwire - May 3, 2011) - ECU Silver Mining Inc. (TSX:ECU) is pleased to announce that it has uncovered additional high grade mineralization in the upper levels of the Santa Juana mine which is located in the main Velardena Property. This new mineralization averaged 1.64 grams per tonne (g/t) gold (Au), 324 g/t silver (Ag), 0.72% lead (Pb), 0.13% Zinc (Zn) and 0.35% Copper (Cu) over 3.8 meters (12.5 feet). This mineralization is additional to the mineral resources from the mine's lower levels that were included in the Company's last NI 43-101 mineral resource report.

The underground development at the Santa Juana mine has again identified high grade sulphide mineralization over and above those that were calculated in the Company's last mineral resource report, confirming that the potential resources at Santa Juana not only extend at depth and laterally, but above the current mineral resources as well.

http://www.ecu.ca/...e&catid=76%3A2011&Itemid=216&lang=en

 

5409 Postings, 5285 Tage SchwerreichGestern hat der CEO von ECU folgendes

 
  
    #99
10.05.11 14:42

 per Marketwire geschrieben: Gold and silver prices have surged since the beginning of 2011, despite a sharp correction this past week. However, most of the stocks in the mining sector, including both producers and explorers, have significantly underperformed the precious metal price escalation. Many analysts attribute this incongruity to an over-riding investment strategy implemented by many hedge funds in which they "hedge" the sector investment by collectively going long the metal and short the mining stocks

 

511 Postings, 5331 Tage Avalanche@schwerreich

 
  
    #100
10.05.11 16:05
Was mich aber etwas stutzig macht ist folgendes.

Silberminenwerte der zweiten und dritten Reihe (also vornehmlich Explorer) haben schon deutlich vor dem Crash nachgegeben, siehe auch ECU. Auch ist mir nicht bekannt, ob es Put-Optionen auf Explorer-Werte gibt.

Insofern frage ich mich, WARUM unsere fantastische ECU so nachgegeben hat.

BtW gefällt mir das Chart-Bild langsam immer mehr. MACD vor dem Upmove, RSI geht höher und einiges mehr...  

5409 Postings, 5285 Tage SchwerreichWir werden steigen! Silber

 
  
    #101
13.05.11 11:36

 wird sich erholen, und mit frischem Mut wird ECU gen Himmel fahren!

 

5409 Postings, 5285 Tage SchwerreichNEWS!! (frisch von Marketwire)

 
  
    #102
19.05.11 19:59

 TORONTO, ONTARIO--(Marketwire - May 19, 2011) - ECU Silver Mining Inc. (TSX:ECU - News) is pleased to report that the high-performance deep diamond drill has reached the high grade massive sulphide zone at its Velardena Property.

As previously reported, the high-performance drill was commissioned to further test the deep seated massive sulphides at a depth of approximately 800 meters below level 18 to confirm the extensions of the high grade intercepts that were reported in drill hole SJ-18-21.

The drill has begun coring into the target zone and we anticipate having results shortly.

The Company also advises that it plans to file its March 31, 2011 Consolidated Interim Financial Statements and Management Discussion and Analysis on June 14, 2011. The filings for the first quarter of 2011 will contain the first set of financial statements prepared in accordance with International Financial Reporting Standards (IFRS). To assist companies in making the transition from Canadian generally accepted accounting principles to IFRS, Canadian securities regulators have extended the normal filing deadlines for the first quarter of 2011.

Mr. Michel Roy, P. Geo., a "qualified person" within the meaning of NI 43-101, prepared the technical information disclosed in this news release.

About ECU Silver

ECU Silver Mining Inc. is focused on the exploration, development and mining of gold, silver and base metals at its Velardena District Properties in Durango, Mexico. The Company holds a N.I. 43-101 compliant mineral resource of 40 million silver equivalent ounces in the measured and indicated category and 391 million silver equivalent ounces in the inferred category. The Company also owns two mills with a combined capacity of 820 tonnes per day. ECU's mission is to become a pre-eminent silver and gold producer through the development of its existing and potential mineral resources at Velardena.

Cautionary Statements

Readers are cautioned that there are no assurances that all or any part of ECU Silver's mineral resource will be economically viable. Until a prefeasibility study is completed, there are no assurances the release of an updated mineral resource will be economically viable.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 27E of the Exchange Act. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including potential property acquisitions, the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production rates, potential mineral recovery processes and rates, the proposed construction of a mill, business and financing plans, business trends and future operating revenues. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, significant downward variations in the market price of any minerals produced, the Company's inability to obtain any necessary permits, consents or authorizations required for their activities, to produce minerals from their properties successfully or profitably, to continue their projected growth, to raise the necessary capital or to be fully able to implement their business strategies. All of the Company's public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

 

 

5409 Postings, 5285 Tage SchwerreichNEWS!! (Marketwire)

 
  
    #103
1
10.06.11 00:10
 
Press Release Source: ECU Silver Mining Inc. On Tuesday June 7, 2011, 10:34 am EDT

TORONTO, ONTARIO--(Marketwire - June 7, 2011) - ECU Silver Mining Inc. (TSX:ECU - News) is pleased to report that the Company has sampled up to 14.03 grams per tonne (g/t) gold (Au), 155 g/t silver (Ag), 1.21% lead (Pb) and 4.26% zinc (Zn) over 1.50 meters (5 feet) in the Terneras Mine. Historical workings in Terneras have demonstrated significant continuity reaching up to 1200 meters (3,940 feet).

The underground development ramp at the San Juanes mine reached old workings of the Terneras mine giving the Company access to developed levels which can be mined in the short term. The level that was reached was sampled on both side of a major fault that cuts the main Terneras vein.

On the west side of the fault, in the main body of the old mine known to extend for 1,200 meters, the vein is generally thicker with consistent high assays. The drift in this area was sampled for a length of 48 meters (157 feet) and yielded 3.25 g/t Au, 311 g/t Ag, 1.78% Pb and 2.05% Zn over a width of 0.65 meters (2 feet). The best section sampled was 14.03 g/t Au, 155 g/t Ag, 1.21% Pb and 4.26% Zn over 1.50 meters (5 feet). On the east side of the fault, the vein is thinner and assays are irregular. The average over 48 meters (157 feet) of drift is 2.82 g/t Au, 263 g/t Ag, 1.48% Pb and 1.75% Zn over 0.21 meters (0.7 feet).

A significant portion of the Terneras vein could be opened rapidly by rehabilitating the existing infrastructure. The portion of the Terneras vein developed by previous owners and mined until 1920, contained approximately 4,000,000 tonnes (over 60,000,000 ounces of silver) of mineralized material.

In an update of the deep drilling to test the deep seated massive sulphides, the new cut steepened the drill hole which would have caused the drill to cut the extension of the zone more than150 meters deeper than the original cut. Since the objective of the initial holes is to confirm vertical and horizontal continuity close to the vein, this was deemed too deep for an initial cut. Consequently, it was decided to use the navi-drill to flatten the hole and cut the zone at a higher elevation, but still significantly deeper than the initial intercept. The drilling is currently at a depth of 870 meters (2,850 feet), 55 meters (180 feet) below the original intercepts in hole SJ-18-21 and is now being deviated into the massive sulphide zone.

All widths are true widths. Samples were assayed at the ERSA laboratory in Torreon, Coahuila, Mexico, which is currently in the process of being certified. Michel Roy, PGeo, a qualified person within the meaning of NI 43-101, prepared the technical information disclosed in this news release.

 

5409 Postings, 5285 Tage SchwerreichNews Marketwire Toronto

 
  
    #104
18.06.11 14:41

 TORONTO, ONTARIO--(Marketwire - June 15, 2011) - ECU Silver Mining Inc. (TSX:ECU - News) reports that it has recently released its consolidated financial statements for the first quarter ended March 31, 2011 (Q1 2011) and the related management's discussion and analysis of financial position and results of operations (MD&A). The Company increased revenues by 88% and cash flows from mining operations by 149% over the same period ending March 31, 2010 (Q1 2010). The Q1 2011 financial statements were prepared in accordance with International Financial Reporting Standards (IFRS). 

The Company generated net revenues from the sale of dore bars and concentrates for a total of $5,966,092, representing a 6.9% decrease over Q4 2010. The decrease in revenue is a result primarily of lower gold grades. Overall grades are expected to increase as mining moves into new development stopes which have not been impacted by historical mining of high grade material. 

The revenues were applied against cash development costs of $4,383,608 bringing the net positive cash flow to $1,612,484 for Q1 2011. The cash development costs were 14.3% higher than Q1 2010 due to increased labour and materials in the mine and at the mills. 

Cash balance as at March 31, 2011 was $1,219,934, an increase of 254% over the cash balance as at December 31, 2010. 

In Q1 2011 the operations generated silver (Ag) totaling 85,600 ounces and gold (Au) totaling 1,893 ounces. In addition, the mines generated 161,977 pounds of lead (Pb) and 172,736 pounds of zinc (Zn). Expressed in terms of silver equivalent (AgEq) ounces, and based on average commodity prices over the period, total metal output was approximately 180,000 AgEq ounces. 

Shipments for Q1 2011 consisted of: 80,118 Ag ounces, 2,553 Au ounces, 108,215 Pb pounds, and 164,965 Zn pounds. Expressed in terms of silver equivalent ounces, and based on average commodity prices over the period, the Company shipped approximately 201,000 AgEq ounces during this period. 

During Q1 2011, the Company reported a loss of $2,081,960, or $0.007 per share, versus $1,915,436, or $0.006 per share, over the same period in Q1 2010. 

Copies of the financial statements and related MD&A can be found on SEDAR at www.SEDAR.com. 

About ECU Silver 

ECU Silver Mining Inc. is focused on the exploration, development and mining of gold, silver and base metals at its Velardena District Properties in Durango, Mexico. The Company holds a NI 43-101 compliant mineral resource of 40 million silver equivalent ounces in the measured and indicated category and 391 million silver equivalent ounces in the inferred category. The Company also owns two mills with a combined capacity of 820 tonnes per day. ECU's mission is to become a pre-eminent silver and gold producer through the development of its existing and potential mineral resources at Velardena. 

Quelle: Marketwire

 

50 Postings, 5049 Tage wyatterwas ist los ?

 
  
    #106
12.08.11 19:33

warum schmiert der Kurs denn auf einmal so ab ?

 

887 Postings, 5104 Tage niegenugkurs

 
  
    #107
08.09.11 18:19
weiss jemand warum heute kein aktueller kurs angezeigt wird ?  

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