ECU Silver Discovers Northern Branch of Terneras East

TORONTO, ONTARIO, Mar 31 (MARKET WIRE) --
ECU Silver Mining (TSX: ECU)("ECU Silver" or the "Company") is pleased
to announce the discovery of another new vein yielding an average of 2.18
g/t Au, 2,243 g/t Ag, 8.99% Pb and 6.85% Zn over a width of 0.26 metres
(0.85 feet). This new vein is believed to be a northern branch of the
Terneras East vein, the eastern extension of the major Terneras vein.

As previously reported, the Company is driving a north trending cross-cut
that is east of the Tres Aguilas Fault which in turn is located in the
eastern part of the main Velardena Property. Chip samples were collected
from the east and west face of the cross-cut and from the north-end face
of the cross-cut with results summarized in Table 1 below. The north-end
face sampled a high-grade patch which is typically not part of the
sampling process based on its width. However, the significant grades
realized from the high-grade patch help to explain why historically, the
Company has yielded mining grades which tend to be much higher than the
average sampling grades.

Table 1: Terneras East (North Branch) X-Cut Results
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Sample # Width (m) Au (g/t) Ag (g/t) Pb(%) Zn(%)
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49145 0.27 1.60 2,209 5.19 7.05
49144 0.25 2.80 2,280 13.10 6.63
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Average 0.26 2.18 2,243 8.99 6.85
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High grade sample 0.10 2.90 10,041 34.03 21.79
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The Company is continuing to realize exploration success as it drives
its cross-cut to the north. In the past four weeks, the Company has had
three new discoveries arising from this cross-cut as outlined in Table 2.

Table 2: Recent Discoveries
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Press Width Au Ag Pb Zn
Date (m) (g/t) (g/t) (%) (%)
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Terneras East Mar. 06 1.00 3.4 1,095 5.7 6.1
New Vein North of Terneras East Mar. 17 0.48 29.1 808 10.3 0.6
Northern Branch of Terneras East Apr. 01 0.26 2.2 2,243 9.0 6.9
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This latest discovery continues to support the concept that Terneras
East is a system of veins where eventually several veins may be included
into a future updated N.I. 43-101 mineral resource estimate.

Development plans are to continue driving the cross-cut as well as open
fresh east-west drifts that will follow each of these new vein
discoveries. Our intent is to investigate for additional veins and to
confirm grade and width continuity along these veins.

The Company also reports that it has recently completed a cross-cut on
Level 18 of the Santa Juana vein system adjacent to a stockwork of vein
packages (the "A's Package"). Several additional veins were found in this
new area and the Company is currently compiling results before final
interpretations are made and reported.

Readers are cautioned that until a prefeasibility study is completed,
there are no assurances these latest mineralized zones will be
economically viable.

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.

ECU Silver Mining Inc. is focused on the exploration, development and
mining of gold, silver and base metals at its Velardena District
Properties in Durango, Mexico. The area includes five historical mines -
Santa Juana, Terneras, San Mateo, San Juanes, and the San Diego mine. ECU
is defining the "Mineralized Corridor" at Santa Juana and also further
defining several higher grade narrow veins within the area. ECU's mission
is to become a preeminent silver producer through the development of
existing, and additional potential resources at Velardena.

Statements in the release that are "forward-looking statements" are based
on current expectations and assumptions that are subject to risks and
uncertainties. Actual results could differ materially. We undertake no
duty to update any forward-looking statement to conform the statements to
actual results or changes in our expectations.

Contacts:
ECU Silver Mining Inc.
Stephen Altmann
President
(416) 644-8640
(416) 644-8801 (FAX)
Website: www.ecu.ca

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