Highlights

• Measured & Indicated Resources of 40 million ounces of silver equivalent.

• Inferred Resources of 391 million ounces of silver equivalent.

• Mineral Potential of 570 - 930 million ounces of silver equivalent.


NI 43-101 Resource Estimate:
Silver Equivalent
(Gold and Silver)
(ounces)
Silver Equivalent
(All Metals)
(ounces)
Measured & Indicated 36,486,000 39,706,000
Inferred 248,109,000 391,024,000

The Velardeña Properties are located in the State of Durango, Mexico about 600 miles southwest of Houston, TX. In January 2009, ECU published its fourth technical report where it outlines a mineral resource containing over 30 million tonnes of silver, gold, lead and zinc. We have grown our mineral resource from 1.6 million tonnes in July 2005 to an enormous 30 million tonnes. This is over a 1700% increase in just 3½ years, a tremendous achievement!

Over and above ECU’s reported mineral resource, the technical report also outlines a further mineral potential of another 570 to 930 million silver equivalent ounces. If realized, this could eventually take ECU’s resource to over one billion ounces. The mineral resource was audited by the well-known firm of Micon International and is compliant with National Instrument 43-101 standards, which essentially provides an extra layer of validation to the resource.

What differentiates ECU from other silver companies is that ECU mineral resource has a large gold component. In fact, about 2/3rds of ECU’s mineral resource is gold and silver, with the rest being mostly lead and zinc. Gold actually makes up almost half of ECU’s precious metal content.