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.

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Aurcana Silver Corp

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Comment by art27on Dec 22, 2008 4:50am

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Post# 15661035

RE: RE: Are reduced costs enough?

Don't forget La Negra produces 1mil oz ag half of which goes to SLW at $3.75 and shafter will be producing around 2.6mil oz/year so in total with shafter AUN will be producing around 3.6mil oz ag. We don't know the shafter's production costs but I think it will be around $4 or $5/oz

Art27

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