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 andre171on Dec 03, 2022 11:58am

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Post# 35148625

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

deet wrote:

The mine in Colorado no longer belongs to AUN.

In my opinion, Aurcana still owns the VR mine, but the receiver now has control and custody. I guess it must end in a settlement between the parties (AUN and Mercuria) or a court decision! It's unfortunate that we can't reach an agreement for a mine that had just started operating, which had therefore committed most of its investments, which should attract buyers in this period of sharp increase in capex!

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