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Aurcana Silver Corp V.AUN.H

Metals & Mining Silver
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

Aurcana Silver Corp
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Comment by zzthnxon Aug 06, 2008 8:10pm
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Post# 15363822

RE: SLW stream deal for Shafter - Monty - Correcti

RE: SLW stream deal for Shafter - Monty - CorrectiActually it wouldn't really be $15 mil. for the 15 million ounces because SLW would also have to pay 4.95 per ounce, but still that would equate to them paying around $6 per ounce over the life of the mine. I say no more than 10%! Okay, maybe 15 :-)
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