Ecuador Gold Results At Santa Barbara North Zone

TORONTO - Ecuador Gold & Copper Corp. reported results from exploration drilling at the North Zone of the Santa Barbara Au-Cu porphyry deposit located within the Company's 8,300 hectare Condor Gold and Copper Project in the Zamora Gold and Copper Belt, Southeast Ecuador. Assay results from drill holes DSB-39 to DSB-43 have now been received that include: 110 meters of 0.42 g/t gold and 0.09% copper starting at 158 meters in drill hole DSB-41; 89 meters of 0.69 g/t gold and 0.22% copper from surface in drill hole DSB-42 and 36 meters of 0.42 g/t gold and 0.13% copper starting at 190 meters in DSB-43.  Drill holes DSB-39 and DSB-40 failed to intersect any appreciable gold or copper values. The previously announced results of drill hole DSB 38 returned 294 meters of 0.53 g/t gold and 0.14% copper starting at surface and a further 28 meters of 0.61 g/t gold and 0.21% copper between 408 meters and 436 meters.

The Santa Barbara North Zone target remains open to the north, south and at depth.

Drill holes DSB-38 to DSB-43 are exploration holes drilled in the Santa Barbara North Zone, about 1,000 meters northeast of the Santa Barbara South deposit where resources now stand at 236.1 million tones at 0.57 g/t gold and 0.1% copper (4.33 million ounces gold and 520.0 million lbs. copper) in the Indicated category and 102 million tones at 0.50 g/t gold and 0.1% copper (1.6 million ounces gold and 225 million lbs. copper) in the Inferred category.