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Aurcana Silver Corp V.AUN.H

Aurcana Silver Corporation is a Canada-based company, which is engaged in the exploration, development, and operation of natural resource properties. The Company’s development properties are the Revenue-Virginius mine (the Revenue-Virginius mine or Ouray), located in Ouray Colorado and held through the Company’s 100% owned United States subsidiary, Ouray Silver Mines, Inc. (OSMI) and the Shafter silver property (the Shafter Silver Project or Shafter), located in Presidio County, Texas and held Aurcana Silver Corporation. The Revenue-Virginius mine is located in southwestern Colorado about 5.5 miles southwest of the town of Ouray. Access to the mine site is via County Road 361. The Shafter Silver Project, which is 375 miles southeast of El Paso, in Presidio County, southwest Texas, within a historic mining district.


TSXV:AUN.H - Post by User

Bullboard Posts
Post by TheRock17on Sep 04, 2007 7:07am
564 Views
Post# 13337880

How fast can production reach 1500 tpd

How fast can production reach 1500 tpdThe presentation on the web site ( https://www.aurcana.com/i/pdf/aun.pdf ) provides a wealth of data for those who take the time to view it carefully, and then cross check the conclusions. Note that on slide 6 ( PDF version ) they state that the new mill has a crushing and milling capacity of 150 tons per hour. Note also that elsewhere they state that they have excess mining capacity ( long stope mining is very cheap and rapid and the drifts are all prepared by Penoles ). The initial production target of 1000 tpd has now been achieved. At 150 ton per hour and assuming at least an average 80 % utilization rate, the 1000 tons per day is achieved by a single 8 hour shift. To move to 1500 tons per day would only require gradually expanding the daily work shift to 12 hours per day, once the mettalurgical optimization process was achieved at that higher level. Such an expansion would be very cost efficient ( because of the fixed costs ) and could very well reduce the cash costs further, as well as expanding annual production to about 450,000 tons/year..
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