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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Post by DrBill1on Oct 31, 2012 10:45am

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Mine’s Reopening Causes Water Concerns

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Sandy McVey, project manager, explains construction at the Shafter Mine Project in Shafter. Photo by Mike Graczyk for the San Angelo Standard Times.

After 70 years, the Shafter Silver Mine has been reopened. Production has begun for what the mine’s new owner believes will be a lucrative run lasting as long as 10 years. But the company’s public filings on the amount of water the mine will remove from the area’s underground water table has some area residents and politicians concerned. Lorne Matalon reports.