Welcome To The ECU Silver Mining HUB On AGORACOM Edit this title from the Fast Facts Section
| August 13, 2009 |
| ECU Silver Responds to Demand Notice |
TORONTO, ONTARIO--(Marketwire - Aug. 13, 2009) - ECU Silver Mining Inc. ("ECU Silver") (TSX:ECU) confirms that, as publicly announced by its San Diego Property joint venture partner, Golden Tag Resources Ltd. ("Golden Tag"), without any prior discussions having taken place between the parties about the matter, ECU Silver has received a notice from Golden Tag demanding the cessation of all metallurgical testing being performed by ECU Silver on stockpiles located on the San Diego Property. These stockpiles are comprised of waste materials that were left over by previous operators of the San Diego Property who deemed the materials to be of no economic value, which waste materials were subsequently cleaned of high grade pieces by independent miners.
ECU Silver had begun to perform metallurgical testing of these stockpiles when the opportunity to do so arose as a result of ECU Silver's recent acquisition of a new oxide mill. The goal of such testing was to contribute to the ongoing research efforts aimed at improving the various metallurgical solutions for the mineralized material in the area, all with a view to enhancing the operations of the San Diego Joint Venture as opposed to exclusively enriching ECU Silver, as intimated by Golden Tag in its recent press release.
Although ECU Silver takes issue with many of the positions asserted by Golden Tag, until such time as it is able to establish a productive dialogue with Golden Tag, ECU Silver shall cease its metallurgical testing of the stockpiles.
|
Please
login
to post a reply
