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 > What can we still hope for?

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Comment by deeton Nov 29, 2022 4:37pm

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Post# 35137848

RE:RE:RE:What can we still hope for?

andre171 wrote:

Rockormen wrote:
You mean the elevator in the mine they lost as a property?

Yes, the new shaft was to be operational by mid-year, with its high-speed elevator to send 16 miners at a time very quickly. No operation is possible without that, but I guess it's the lack of funding that freezes everything. This mine had started to operate and had great potential. Hard to believe that no one would be interested anymore!

That's all water under the bridge. The mine in Colorado no longer belongs to AUN. Maybe if silver prices were at $50 or $60 an ounce, AUN would still be in business.

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