Aurcana Produced 244,243 Ounces In Q3, Year-To-Date Production Rose 26%

October 7, 2011

Vancouver-based Aurcana (TSX-V: AUN.V) (OTCQX: AUNFF.PK) reports that it produced 244,243 ounces in its last 80 days of silver production for its third quarter of 2011 at La Negra, located in Mexico. Year to-date silver production has increased 26% to 742,026, compared to 587,057 ounces this time last year.  Aurcana’s ore production capacity stood at 1,500 metric tons per day at La Negra, and the company says that it is on track to complete its ongoing mill upgrade and ramp up production to 2,000 tons per day for the first quarter of 2012, a 33% increase from current capacity. The company also says that construction on its Shafter mine located in Texas is on-going production, production is scheduled to start within 7 months; it estimates that the Shafter Mine will produce 3.8 million ounces of silver in the first year.

Click here to read the entire Kitco Mining Minutes.

    Oct 07, 2011 07:05 PM

    insider trading since my last week post:

    Oct 04/11 Sep 28/11 Aguirre, Adrian Direct Ownership Common Shares 10 – Disposition in the public market -109,500 $0.639

      Oct 07, 2011 07:30 PM

      cfs2000 david…
      thanks for putting all the stats together on the last company…
      are you going to be doing this for every stock?
      Al, should appreciate you doing this…thanks jerry

    Oct 07, 2011 07:43 PM

    Lenic has stated Shafter is to begin production ahead of schedule-slated for Q1 2012 so that is within five months ,not the seven stated herein.

    What does Kitco know when Big Al delivers straight from the CEO’s mouth to our ears?

    cfs,not certain what the point of posting up insider trades is doing for anybody.
    Adrian Aguirre could have made .70 selling shares today.