Ecu Silver Mining Inc. reported its silver and gold fabrication for the month ended January 2010. The amount of silver equivalent generated in January was approximately 120% greater than December and more than November and December of 2009, combined. Gold ounces in dore were 14% lower than December due to lower feed grades while adjusting the circuit and lowering the copper content in the solutions. Gold generated in concentrates was up 98%. In January, the company generated a total of 472 ounces of gold and 26,470 ounces of silver from its oxide mill and also generated 245 ounces of gold and 20,326 ounces of silver contained in concentrates from the sulphide mill. Using the current silver-to-gold ratio of 70 to 1 (base metals not included as equivalents), ECU generated 59,510 ounces of silver equivalents from its oxide mill and 37,476 ounces of silver equivalents from its sulphide mill. The average daily mill throughput in January has increased significantly to 650 tpd and the copper levels in the solutions have been maintained at acceptable levels.

Ecu Silver Mining Inc. announced that its Mexican operating unit has received a "Licencia Ambiental Unica" (the LAU), effectively, a unified environmental license. The LAU replaces all existing environmental permits for the operations at Velardena and provides the necessary license for expansion of the current sulphide operations by adding a 1,500 tonnes per day ("tpd") mill as well as the continuation of all current operations. The granting of the LAU is a very important accomplishment in the company's work to expand its mining operations that will eventually encompass a new 1,500 tpd mill for processing sulphides. The scoping study which will outline, on a preliminary basis, the economics for the larger milling operations, will be delivered by the end of the first quarter of 2010 and is the first phase of the Company's future plan to grow to 5,000 tpd. The main feature of the LAU is that it provides for all permits, authorizations and licenses in environmental matters through a comprehensive approach that looks at the impacts to air, water and soil. The LAU is a direct regulatory instrument for industrial businesses which falls under Mexican federal jurisdiction and sets out the conditions for operations in accordance with environmental legislation.

Ecu Silver Mining Inc. reported on its silver and gold fabrication for the months ending December 2009 and November 2009. To-date in January, silver ounces precipitated, are close to the ounces generated in November and December of 2009, combined. December yielded a silver equivalent of 52,752 ounces from the oxide mill and 15,162 ounces from the sulphide mill. November yielded a silver equivalent of 52,533 ounces from the oxide mill and 22,233 ounces from the sulphide mill. Average daily throughput at the oxide mill has increased to 650 tonnes per day ("tpd"), exceeding the 500 tpd target by 30%. The ramp up of the oxide gold and silver plant at Velardena, which was acquired in March of 2009, has been successful, despite the typical start-up challenges that are normal for new operations. The Company believes these challenges are behind it and expects the operations to perform more optimally in 2010. Evidence of these improvements has already taken hold as expected silver ounces precipitated in January of this year, should be close to the ounces generated in November and December of 2009, combined. The Company will also continue to ramp up its 320 tpd sulphide plant, also located in Velardena, which will generate additional gold and silver metals contained in concentrates, for 2010. In December, the Company generated, a total of 592 ounces of gold and 14,272 ounces of silver from its oxide mill and also generated 124 ounces of gold and 7,102 ounces of silver contained in concentrates from the sulphide mill, which has been ramping up since September 2009. Using the current silver-to-gold ratio of 65 to one (base metals not included as equivalents), ECU generated 52,752 ounces of silver equivalents from its oxide mill and 15,162 ounces of silver equivalents from its sulphide mill. In November, the company generated (see Table 2), a total of 584 ounces of gold and 14,573 ounces of silver from its oxide mill and also generated 180 ounces of gold and 10,533 ounces of silver contained in concentrates from the sulphide mill. On a silver equivalent basis, ECU generated 52,533 ounces of silver equivalents from its oxide mill and 22,233 ounces of silver equivalents from its sulphide mill.