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 Banman17on Oct 16, 2015 2:35pm

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Post# 24199207

RE:RE:The Restructuring Transaction

I think this ship has sunk. Shafter is on care and maintenance and producing nothing. As for high grade, I don't see and high grade numbers, which is why they shut it down in the first place. All the places they were mining from were previously mined in the 30's and 40's which is why shafter is low grade, and not profitable until silver gets at least to $23-24. But now I doubt if what remains of Aurcana will ever be able to put it into production. We got totally scammed on this one again. Adios muchachos.

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