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ECU Silver increases average grades at TA 17.5-06 2006-05-18 08:37 ET - News Release Mr. Michel Roy reports ECU Silver Mining Inc. has provided the results from the previously missing 7.4-metre section of the stockwork zone as well as results from drill hole TA 17.5-06, which intercepted the stockwork zone 40 metres west and an average of 60 metres deeper than the crosscut where it was first encountered (see news in Stockwatch on May 8, 2006). The company is pleased to report that assays were received for the 7.42-metre section of the stockwork that was given a grade value of nil previously. The missing gold and silver assays from the stockwork intercept in the 17.5 crosscut (see news in Stockwatch on May 8, 2006) were received and increased the averages grades for the whole 28.2-metre section from 2.19 grams per tonne (g/t) Au and 55 g/t Ag to 2.43 g/t Au, 57 g/t Ag, 0.23 per cent Pb and 0.44 per cent Zn. Given the bulk tonnage potential of the zone, this increase in overall grades is significant. Drill hole TA 17.5-06 was a step-out hole the primary purpose of which was to provide data to confirm the continuity of the stockwork zone, both laterally and vertically. The company is pleased to report that the zone to this point encountered grades of 1.21 g/t Au and 36.8 g/t Ag over a core length of 41.58 metres (true thickness of 31 metres). As stated in the company\'s last press release, this new zone on level 17.5 is perfectly shaped for large-scale bulk mining and this latest data provided the base to calculate a first resources block (80 metres long, 120 metres high and 29.6 metres thick) containing approximately 800,000 tonnes or sufficient material to feed the company\'s current mill at 8,000 tonnes per month for more than eight years. The drill will continue with further step-out holes as a priority of the current exploration program because the company strongly believes that the area to be defined is much larger. |
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| Autor (Datum des Eintrages): | kain (18.05.06 15:00:57) |
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