TSXV:AUN.H - Post by User
Comment by
M1DASon Oct 18, 2012 8:17am
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Post# 20497015
La Negra Highlights
La Negra Highlights-- Aurcana continues to produce record results. Q3, 2012 silver production was the largest silver volume in Aurcana's history producing 54% more silver than in Q3, 2011. -- Silver sales increased to 323,825 oz. in Q3 2012 compared to 235,981 oz. in Q3 2011, an increase of 37%. -- The average grade of silver increased 7% YTD to an average of 80 grams per ton in 2012, compared to 75 grams per ton in 2011. -- La Negra mine is now milling at a rate greater than 2,300 tpd. -- The mill upgrade expansion to 3,000 tpd is expected to be completed during 1stquarter 2013 with minimal capital expenditures. -- Underground and surface exploration programs at La Negra are progressing according to the plan and continue to provide encouraging results.