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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
Comment by johnnywitson Aug 11, 2013 4:40am
489 Views
Post# 21662003

RE:New,important and upgraded production info on that latest Alpha piece

RE:New,important and upgraded production info on that latest Alpha piece
 
 
Article: go from processing 600 tons of ore per day tp/d to 1,000 (1K tp/d) in June/July,
 
NR: During the month of June 2013 both the mine and the mill have regularly achieved or exceeded the initial target production rate of 600 tpd, with the mill reaching a high of 1,000 tpd during the month.
 
Article: ultimately shooting for annualized throughput up to 3K tp/d
 
Aug Presentation: planned future capacity 2500tpd (pg 6)
 
Article: 3K tp/d. At that rate, using a conservative grade of just 8 op/t Ag output could mount to (8.6M oz. Ag) per year. 
 
Aug presentation: 6.3M oz per year at 2500tpd (pg 6)
 
Article: new milling and processing equipment is scheduled to continue arriving through end of Q3 this year that will, after installation, set the mine to a commercial production rate of 2K tp/d by year-end.
 
NR:  Two more new tailings filter presses of the same design and capacity have been manufactured for Shafter. They will be shipped and installed over the next three months, enabling a processing capacity of 1,500 tpd.
 
Article: 2014 should be a good year. If the company can realize 6K tp/d throughput, with its high ore grades, a combined output from Shafter and La Negra could total more than 12M op/y Ag.
 
Aug presentation: 2014E Capacity 7.5M oz - Identified growth potential 10.0M oz (pg 5)
 
 
 
 https://www.aurcana.com/i/pdf/presentation.pdf
https://www.aurcana.com/s/NewsReleases.asp?ReportID=591641
https://m.seekingalpha.com/article/161716
 
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