Golden Minerals Company

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in response to cml17's message

Here is the full nr that I received by email this morning.

lb

"ECU Silver samples 7.21 g/t Au, 346 g/t Ag over 0.33 m

ECU Silver Mining Inc (C:ECU)
Shares Issued 307,286,734
Last Close 8/30/2010 $0.68
Tuesday August 31 2010 - News Release

Mr. Michel Roy reports

ECU SILVER DISCOVERS NEW VEIN ON THE CHICAGO PROPERTY

ECU Silver Mining Inc. has released the results on the first of two newly discovered veins on the Chicago property. As reported in the press release dated August 25, 2010, ECU identified two new veins plus a high grade extension of the known Gambusinos Vein, all within the Chicago Property. Recently, a drift was opened along the first of the newly discovered veins, named the Escondida Vein, over a total length of 195 metres (640 feet). The Company has received assays for the first 165 metres (540 feet) which graded an average of 7.21 grams per tonne (g/t) gold (Au), 346 g/t silver (Ag), 6.55% lead and 7.45% zinc over an average width of 0.33 metres (1 foot). Assays were based on 50 cuts separated by approximately 3 metres (10 feet) each, with the best cut grading 39.73 g/t Au, 618 g/t Ag, 7.25% lead and 6.39% zinc over an average width of 0.30 metres (1 foot).

The Escondida Vein lies within a vein system that is known to extend over 1,300 metres (4,265 feet) in length and 850 metres (2,790 feet) in depth, based on previous geological information. This vein was not included in the Company's last NI 43-101 mineral resource estimate.

Michel Roy, Chairman and CEO stated; "We remain very encouraged that the Escondida Vein will continue to show tremendous continuity laterally and at depth, consistent with other veins in the Chicago system."

The Escondida Vein is similar to the other veins found and identified in the Chicago area within a geological setting similar to the geology and mineralization of the extensive Santa Juana vein system, located within the adjacent Velardena Property. The veins are polymetallic and rich in gold, silver, lead and zinc. The main difference between the Chicago and Santa Juana mines is that the Santa Juana veins strike NW-SE whereas the Chicago veins strike NE-SW.

Michel Roy, Chairman and CEO added; "The Chicago area continues to provide excellent evidence in the potential for ECU to add significantly to its current mineral resources."

All widths are true widths. Samples were assayed at the ERSA laboratory in Torreon, Coahuila, Mexico which is currently in the process of being certified. Mr. Michel Roy, P. Geo., a "qualified person" within the meaning of NI 43-101, prepared the technical information disclosed in this news release."

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lawnbowler
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Golden Minerals Company
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