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

Bullboard Posts

Comment by Boot1on Mar 15, 2012 9:04am

791 Views

Post# 19672871

RE: Mine and Mill Start Up

Agree with your comment romara, there are not likely to come out of the gait at full speed. I do however, have the expectation that they will ramp up quickly. They have made money at La Negra with 70-100gpt ore. Shafters ore body is running around 275 on average. The recapture rates should be even higher once the mill is tuned up. However your point is well put, and taken sir.

Bullboard Posts

Paramount Resources signs $3.32 billion asset sale