VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 12, 2011) - Aurcana Corporation (TSX VENTURE:AUN)(OTCQX:AUNFF) today announced the timing of its second quarter CEO conference call scheduled for August 15, 2011. Aurcana Corporation is a silver producer with an operating mine just north of Mexico City, Mexico. The new Shafter mine will be Aurcana's second mine and it is under construction in southwest Texas with a forecast completion date of May, 2012.
Aurcana Corporation's CEO, Mr. Lenic Rodriguez, will host a conference call on Monday, August 15, 2011 at 4:30 p.m. EDT. Mr. Rodriguez will update shareholders on second quarter results followed by a Question & Answer period. The conference call will be recorded and posted to the Company's website within 3 to 5 business days from the date of the conference call.
In order to respond to as many conference participants as possible, the Company asks callers to limit their comments and direct one question per person to topics related to operations, production, mine development, financing and exploration.
Date: Monday, August 15, 2011
Time: 4:30 PM EDT (1:30 PM Pacific)
Attendee Access Information:
1-800-319-4610 Canada and USA Toll-free
1-604-638-5340 Outside of Canada & USA
A replay of the conference call will be available immediately following the conference by dialing 1-800-319-6413 in Canada & USA (Toll-free) or 1- 604-638-9010 outside of Canada and USA. The required pass code is 2729 followed by the # sign.
Please dial-in to the meeting at least 5 minutes prior to the start time using one of the attendee phone numbers.
About Aurcana Corporation:
The Shafter Silver Mine is scheduled to start up production within 12 months producing 3.8 million ounces silver in the first year. It has an NI 43-101 measured and indicated resource of 24.6 million ounces of silver (2,900,000 tons at 8.48Ag opt) and an inferred resource of 22.8 million ounces of silver (2,167,000 tons at 10.52 Ag opt) using a 4.0 ounce per ton cut off. The 92% owned La Negra silver-lead-zinc-copper mine is on target to increase production to over 2 million ounces Silver Equivalent annually. The reader should be cautioned the Company has not completed a feasibility study confirming the projected production capacity for La Negra and there is no certainty the Company's plans will be economically viable.
ON BEHALF OF THE BOARD OF DIRECTORS OF AURCANA CORPORATION
Lenic Rodriguez, President
This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements. All forward-looking statements in this press release are based upon information available to Aurcana Corporation on the date of this press release, and the company assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release. In particular, there can be no assurance that production will continue at any specific rate.