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Aurcana Silver Corp V.AUN.H

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

Comment by deeton Jun 07, 2022 9:40am
167 Views
Post# 34736583

RE:RE:Mining activities ?

RE:RE:Mining activities ?
parahyangam wrote: NOTHING IS GOING TO HAPPEN.

THERE HAS BEEN NO OPERATING MINE SINCE THE 1890'S. THAT MINE EXISTED BRIEFLY ONLY BECAUSE OF US CONGRESSIONAL SILVER SUBSIDIES.

STAR MINES, FORTUNE MINERALS, OSMI AND NOW AURCANA HAVE SPENT OVER 100 MILLION SINCE 2011 TO GET A MINE GOING.

THERE HAS BEEN NO SILVER PRODUCTION TO SPEAK OF.

REVENUE-VIRGINIUS MINE IS A NARROW VEIN MINE WITHOUT GOLD TO MAKE IT VIABLE.


Wrong....according to this article from 2020. Only $8 bucks an ounce to get the silver out of the ground.

https://stockhouse.com/opinion/independent-reports/2020/01/09/world-s-highest-grade-silver-mine-targets-q4-2020-production

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