Ecometals Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, Loss before interest and other income, foreign exchange and proceeds on condor sale extension was CAD 1,558,459 against loss before interest and other income and foreign exchange of CAD 1,736,689 a year ago. Net loss and comprehensive loss was CAD 884,062 or CAD 0.01 per basic and diluted share against CAD 2,236,531 or CAD 0.03 per basic and diluted share a year ago. For the nine months, loss before interest and other income, foreign exchange and proceeds on condor sale extension was CAD 5,331,680 against loss before assets held-for-sale, interest and other income, foreign exchange and gain on disposal of equipment of CAD 6,038,926 a year ago. Net loss and comprehensive loss was CAD 4,596,534 or CAD 0.06 per basic and diluted share against CAD 8,361,386 or CAD 0.11 per basic and diluted share a year ago. Cash used in operating activities was CAD 4,356,009 against CAD 2,894,811 a year ago. Additions to property, plant and equipment were CAD 18,542 against CAD 57,935 a year ago. Expenditures on exploration and evaluation assets were CAD 1,867,716 against CAD 1,495,715 a year ago.