ECU Element 29 Resources Inc

Golden Tag Resources Ltd. (TSX VENTURE:GOG) ("Golden Tag") and ECU Silver Mining
Inc. (TSX:ECU) ("ECU") are pleased to announce that the Independent NI 43-101
compliant technical report on the San Diego Project, Durango State, Mexico has
been filed at www.sedar.com. The report is also available at www.goldentag.ca.


ECU and Golden Tag previously announced the results of the estimate (see Press
Release: December 12, 2007) which has defined the following mineral resources:




An indicated resource of 3,980,000 ounces of silver equivalent comprised of:

-    2,916,000 ounces of silver,

-    4,000 ounces of gold,

-    14,71,000 pounds of lead, and

-    10,838,000 pounds of zinc.

An inferred resource of 38,404,000 ounces of silver equivalent comprised of:

-    26,793,000 ounces of silver,

-    26,000 ounces of gold,

-    137,440,000 pounds of lead, and

-    137,971,000 pounds of zinc.



The Resource Estimate was based on commodity prices of US$11.60/oz for silver,
US$620/oz for gold, US$0.60/lb for lead and US$1.20/lb for zinc. Silver
equivalent ounces were calculated from lead and zinc using conversion factors of
26.60 g/t Ag per 1% Pb and 31.21 g/t Ag per 1% Zn. No credit was given for
contained gold. Conversion factors took into account processing metal recovery
factors as well as smelter returns from sales of concentrates The recovery
factors were of 76 % for silver, 75 % for lead and 44 % for Zn.


Micon considers the resource estimate, compiled by ECU and Golden Tag and
reviewed by Micon, to have been reasonably prepared and to conform to the
current CIM standards and definitions for estimating resources, as required
under NI 43-101 "Standards of Disclosure for Mineral Projects." The stated
resources are not materially affected by any known environmental, permitting,
legal, title, taxation, socio-economic, marketing, political or other relevant
issues, unless stated in the report, to the best knowledge of the authors. There
are no known mining, metallurgical, infrastructure, or other factors that
materially affect the resource estimate at this time.


Therefore, Micon accepts ECU's and Golden Tag's resource estimate as the basis
for ongoing exploration at the San Diego project. However, the reader should be
cautioned that mineral resources that are not mineral reserves do not have
demonstrated economic viability. There are no mineral reserves presently
identified on the San Diego property.


Conclusions of the Report

Micon believes that the land controlled at the San Diego project by ECU and
Golden Tag is highly prospective both along strike and down dip of the existing
mineralization and that further resources could be discovered with additional
exploration and development. The veins on the property remain open in both their
lateral and down dip projections.


At this time, the exploration potential largely remains unknown due to the
limited amount of work that has been conducted on the property. However,
assuming that the geological controls observed at the San Diego property are
similar in size and grade to the other mineralized veins and deposits within the
Velardena mining district, there is every reason to believe that the area of
potential mineralization at the San Diego project is large. Furthermore, the San
Diego property has never been subjected fully to modern exploration concepts and
technology.


In view of the highly prospective results obtained during the 2006-2007
exploration program where a total of 6,590 metres was drilled, ECU and Golden
Tag have initiated in October, 2007 a follow-up surface drilling program
entailing 7,500 metres. This program is focused on expanding the current
resource estimate through further evaluation of the high-grade veins system and
skarn-hosted, broad zones of mineralization encountered along the
limestone/intrusive contact and in the vicinity of major fault zones. Assay
results from the most recent drill holes will be released as they become
available.


Micon believes that the program for further exploration on the San Diego project
by ECU and Golden Tag is both warranted and justified as the potential for the
discovery of additional resources is good.


Quality Control

The San Diego drilling program is supervised by Kateri Marchand, P.Geo. and
Qualified Person under National Instrument 43-101 guidelines. Micon believes
that, based on a review of the QA/QC program and data and on discussions with
database that ECU and Golden Tag personnel, the companies apply a reasonable
degree of care and diligence in monitoring the sample results on the property.
Micon considers that the QA/QC procedures and protocols employed at the San
Diego project are rigorous enough to ensure that the sample data are appropriate
for use in mineral resource estimations.


The Resource evaluation was completed by Kateri Marchand, P.Geo. and
independently verified by William J. Lewis, of MICON International Ltd,
Qualified Persons as defined under NI 43-101 guidelines. The current Resource
evaluation represents an increase of over 100% to the previous reporting of
resources estimated by Broad Oak Associates in 2006.


The content of this news release was reviewed by K. Marchand, the qualified
person in charge of the San Diego Project and has also received approval from
William .J. Lewis of MICON International Ltd.


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 pre-eminent silver producer
through the development of existing, and additional potential resources at
Velardena.


Golden Tag Resources Ltd. is a junior exploration company actively exploring for
high grade gold and silver deposits at the San Diego silver project in Durango
State, Mexico; the Aquilon gold project in James Bay, Quebec; and the McCuaig
gold project in Red Lake, Ontario.


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.

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