Aurcana Silver Corp V.AUN.H

Only a matter of time...

[zzthnx]

Where else ya gonna get this for $1.64: Aurcana Corporation -Silver and base metals producer in Mexico > One producing property and one pre-production property > Mine site exploration to increase size of deposit > Aggressive exploration strategy to continue Aurcana Corporation, (the Company) is a Canadian junior mining company listed on the TSX Venture Exchange, symbol - AUN. The Company is focused on the acquisition, development and operation of precious and base metal mines with good infrastructure and ore reserves/resources that require minimal time and capital to re-start. In the past year, Aurcana was successful in purchasing, refurbishing and putting its 80% owned, 1000 tonne per day La Negra, silver-zinc-copper-lead mine into production. The Company signed an option agreement with Grupo Mexico to acquire a 100% interest in the 600 tonne per day silver-zinc-lead-gold Rosario property located in south eastern Sinaloa State, Mexico. The objective of management is to capitalize on the well established relationships it has in Mexico to grow Aurcana’s asset base by acquiring properties. La Negra has historical proven/probable reserves of 1.22M tonnes with average grades of 161grams per tonne (g/t) silver; 2.83% zinc; 0.94% copper and 0.91% lead. NI 43-101 processing is underway. The average annual historical production from 1970 – 2000 as reported by Penoles was; 1.2 M ounces of Silver 10.8 M pounds of Zinc 5.4 M pounds of Lead 2.3 M pounds of Copper The Rosario Property has historically reported, by Grupo Mexico, past production from 1986 – 2000 at an average rate of 600 tonnes per day of a total of 2.5M tonnes of ore averaging 191 grams per tonne (g/t) silver, 2.88% lead and 0.92g/t gold. After recently closing a 21 million dollar financing in March of 2007 and recently putting the La Negra mine into production, the Company finds itself in a strong position to advance its exploration program and take advantage of any potential acquisitions that fit the Aurcana profile. Plus, they've got over $20 mil. in the bank! zz