Company Profiles – Fri 17 Sep, 2010
Aurcana Corp. Profile
TSX-V : AUN
Aurcana Corporation is a Canadian junior mining company listed on the TSX Venture Exchange, symbol AUN. The company owns 92% of the La Negra silver-copper-lead-zinc mine and 100% of the Shafter silver mine. The company’s current projects have the potential to produce over five million ounces silver per year.
The 1,000 tonnes per day La Negra silver-copper-lead-zinc mine is located in Queretaro State, Mexico. Production for 2009 is forecast at 750,000 ounces silver and 3 million pounds copper. Plans for increasing production to 1,500 tonnes per day, when complete, will result in yearly production of 1.2 million ounces silver and 5 million pounds copper.
The Shafter silver mine is located in Presidio County, Southwest Texas. The project has a 43-101 silver resource of 24.6 million ounces Measured and Indicated, 22.8 million ounces Inferred and a prefeasibility completed. Production year one is forecast at 3.9 million ounces silver recovered. Construction is expected to take 18 months subject to financing and permitting.
Manager, Investor Relations
1188 West Georgia Street
Phone: (604) 331-9333
Toll Free: 1-866-532-9333