No need to push/PUMP
This stock is still low when you look at that graph and they are preparing to drill next to Kinross/ARU Fruta Del Norte. Once permits are in hand .... it will jump substantially again.
then drills will be turning right in the sweet spot 600 metres from the historical 13.7 million oz Gold that ARU discovered.
Tomorrow we will be in the second half of 2009.
Toronto, Ontario – April 15th 2009
Ecometals Limited (TSX-V:EC) (the "Company”)
On 9th April 2009, the Minister of Mines and Petroleum for Ecuador confirmed to
the Company by written notification the following:
That, with reference to those concessions which the Company retained according
to Article No. 8 of the Constitutional Mandate No.6 of the New Mining Law, the
Company is entitled to keep those mining rights and is authorized to re – initiate its
operations.
Fran Scola, on behalf of the Company, comments: “This is very welcome news for
Ecometals. The decision recognizes us as a serious responsible exploration
company in Ecuador, and immediately following the permits given to Kinross
Aurelian and Corrientes Resources. It will enable us to continue our exploration
activities in Ecuador, including the commencement of exploration drilling at Rio
Zarza
in the second half of 2009”
About Ecometals
Ecometals Limited is a Canadian-listed mineral exploration and development
company focused on mineral resources in South America. Visit
www.ecometalslimited.com
Contact Information
Dan Major
Ecometals Limited
Tel: +44 207 340 8522
E-mail: Daniel.jmajor@btopenworld.com