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Wednesday 08th of February 2012
Tuesday, March 18, 2008

ECU Silver new discovery near Terneras Vein

ECU Silver new discovery near Terneras Vein

ECU Silver Mining announces the discovery of a new vein yielding an average of 29 g/t Au, 808 g/t Ag, 10% Pb and 0.6% Zn over a width of 0.48 metres (1.57 feet). The Company has also encountered a new zone with disseminated type mineralization. Both of these new discoveries are located approximately 20 to 30 metres north of the eastern extension of the east-west lying Terneras Vein.

The Company is continuing to realize exploration success as it drives the cross-cut which was previously reported in its most recent press release dated March 6, 2008. This cross-cut is being driven towards the north and is east of the Tres Aguilas Fault which in turn is located in the eastern part of the main Velardena Property. The cross-cut is aimed at reaching previous workings in the new La Chona area, located just north of the east-west lying Terneras Vein. In driving this cross-cut to the north, the Company encountered a significant new vein, located 20 metres north of the eastern extension of the Terneras Vein and situated just before entering into the La Chona area. The cross-cut also encountered marble as the host rock with disseminated patches of mineralization within it.

The cross-cut is only 80 metres below surface and not 200 metres which was reported earlier. The 200 metre distance actually refers to the distance between surface and the lower level 6 of the Terneras Vein.

Encountering a new significant vein 20 metres north of Terneras East is important as, in conjunction with other veins reported in the area, Terneras East is proving to be a system of veins where eventually several veins may be included in a future updated mineral resource estimate. This new vein is particularly interesting both for its width and for its high precious metal grades.

 


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