SOURCE: Industrial Info Resources

Industrial Info Resources

February 21, 2011 06:50 ET

Aurcana Kicks Off Shafter Silver Mine Restart, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - February 21, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Aurcana Corporation (TSX:AUN) (Vancouver, British Columbia) recently began site preparation for its Shafter silver mine in Presidio County in southwest Texas. With an estimated measured and indicated resource of 24.6 million ounces of silver and an inferred resource of 22.8 million ounces of silver, the company is investing $45 million to restart the underground silver mining operation, which was closed in 1942 due to the War Act.

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