Aurcana (TSX: V.AUN, Stock Forum) late Thursday announced its unaudited financial results for the first quarter ended March 31, 2013, this according to a company news release.
The miner said total silver ounces equivalent production rose 21% to 592,504 during Q1 2013.
Total cash cost per silver ounce net of by-products, though, increase to $7.79 from $6.82 a year earlier.
"With continuous improvements at Shafter and increased capacity at La Negra the company remains able to grow organically for years. Based on continued progress, the company is strategically positioned to become a senior silver producer," said Aurcana President and CEO Lenic Rodriguez.