Aurcana Corporation

Aurcana Corporation

September 06, 2011 09:00 ET

Aurcana Corporation to Present at the Precious Metals Summit

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 6, 2011) - Aurcana Corporation (TSX VENTURE:AUN)(OTCQX:AUNFF)(PINK SHEETS:AUNFF) is pleased to announce that Lenic Rodriguez, President & CEO, has been invited to present at the Precious Metals Summit in Beaver Creek, Colorado on Thursday, September 15, 2011 at 8:20am MT. Mr. Rodriguez will be discussing the following topics at the conference:

  • Growing silver production to 1.2 M oz at La Negra and 3.8 M oz at Shafter;
  • Recent 50% increase in tons milled; and,
  • An update on the construction of the Shafter Silver Mine.

The Precious Metals Summit invites high-potential precious metals mining and exploration companies to present at its prestigious conference attended by major global fund and portfolio managers, institutional investors and analysts.

About Aurcana Corporation:

The Shafter Silver Mine is scheduled to start production within 12 months, and is expected to produce 3.8 million ounces of silver in the first year. It has a NI 43-101 measured and indicated resource of 24.6 million ounces of silver (2,900,000 tons at 8.48 Ag 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 mine is on target to achieve production at an annualized rate of over 1.2 million ounces Silver this year.


Caution Regarding Forward-Looking Statements: This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include unsuccessful exploration results, changes in metal prices, changes in the availability of funding for mineral exploration and development, unanticipated changes in key management personnel and general economic conditions. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, oral or written, made by itself or on its behalf.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Aurcana Corporation
    604-331-9333 or Toll Free: 1-866-532-9333
    604-633-9179 (FAX)

    Aurcana Corporation
    Gary Lindsey
    Corporate Relations