Aurcana Silver – Updates on the restart of the Revenue Virginius Mine and first ore through the mill
Kevin Drover, President and CEO of Aurcana Silver (TSX.V:AUN – OTCQX:AUNFF) joins us to recap the news from Monday highlighting the progress of the restart of the Revenue Virginius Mine in Colorado. The news also announced that the first ore was through the mill.
We recap the current scale of production, the outlined growth next year and in 2023. We also recap the 2018 Feasibility Study and the estimated economics of the mine.
Please email us with any follow up questions for Kevin regarding Aurcana Silver. Our email addresses are Fleck@kereport.com and Shad@kereport.com.
Click here to read over the news release highlighting the progress of the Mine restart.
oh the silence here. Anyway most, like me, surprised by the relentless spx rise vs gold struggle. Goes on and on in spite of some apocalyptic market predictions here for weeks and months.
Suspect however gold will have it’s time in the sun at least in sept.
You’re right about that spx. On this site you do have one guy continuously pumping his list of beaten down PM penny stocks, trying to awaken a buyer or two.
Terry Huebert, nobody here keeps pumping his list of beaten down penny stocks, that statement is total rubbish! If you truly believe that this is not the site for you. DT
+1 Agreed DT.
BTW – DT thanks for the heads up on Orea. That’s the whole point of an investing forum to share investable ideas with the community, and I just wanted to let you know that it was appreciated.
Yes, good points jonsyl. The general markets continued grind higher are not giving generalist investors a reason to jump into the PM stocks. As you mentioned though, “gold will have it’s time in the sun at least in sept.”
You’re correct that seasonally, over many decades of data compilation, that September is one of the best months for the yellow metal. We’ll see if that is the case for the coming month.
Why Some Lucky Investors Are Likely To Be As Good As Gold In September
Aug. 31, 2021 – Mark Hulbert – Market Watch
“September is shaping up to be a good month for gold. That’s because there’s an additional factor in bullion’s favor in September: seasonality. Since 1973, when gold began trading freely, September has been the best month of the year, on average, for the yellow metal.”
“The chart below plots the data. Gold’s average September return has been 1.8%, more than double its all-month average of 0.8%.”
(AUN) (AUNFF) Aurcana Silver Corporation Webinar
Amvest Capital – Wed, Sept 1, 2021 #VIDEO
Orea Announces New Montagne d’Or Project Design With Significantly Reduced Environmental Impact.
The Montagne d’Or joint venture (owned 44.99% by Orea and 55.01% by operator Nordgold plc (the JV’) has selected a new project design based on best available Techniques (BAT) resulting in a 32% reduction in surface footprint and an 80% reduction in estimated total equivalent CO2 emissions.
This is a pivotal step for the acceptability and development of this exceptional gold deposit, this was also a big sticking point for mine acceptance by The French Government. That is the trend more so these days than in the past. It’s nice when mining companies have gone to court and won their case but still consider the environment. It’s a WIN,WIN.
Power will be generated by an on-site power plant capable of 80% solar energy resulting in a reduction in estimated total equivalent CO2 emissions of 469,000 tonnes per year.