Aurcana Corporation

Aurcana Corporation

May 02, 2007 10:30 ET

Aurcana Strengthens Management Team

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 2, 2007) - Aurcana Corporation ("Aurcana" or the "Company") (TSX VENTURE:AUN) is pleased to announce it is strengthening its management team with the appointment of three individuals. Grant T. Smith will assume the role of Chief Financial Officer, Salvador Huerta will become the Controller for Mexican Operations and Terese Gieselman who has been an integral part of the tremendous growth of Aurcana, will become the Treasurer and will continue her duties as Corporate Secretary.

Mr. Smith is a Chartered Accountant and his background includes experience in both operating and exploration mining companies throughout North and South America. He brings audit experience from two of Vancouver's highly respected audit and accounting firms and has audit experience in mining companies with reporting for TSX, TSX Venture and AMEX. His management background extends over 20 years and includes a diverse variety of operations and organizations.

Mr. Huerta was born in Mexico and finished his university degree as a Certified Public Accountant in Mexico. Previously he was Deputy President and CFO of manufacturing companies in Mexico such as TIMEX, HJ Heinz, ALFA Group and San Luis - Rassini Automotive Group. He has several professional post graduate courses from IPADE (Harvard Business campus in Mexico), The Harvard Business School and The University of Hawaii. Salvador has served as a director on the advisory board of IME (Institute of Mexicans Abroad) and President of the Rotary Club of West Vancouver.

Ms. Gieselman has 21 years experience with junior mining/exploration companies listed on the TSX, TSX Venture, OTCBB, NASDAQ and AMEX, in her role of chief financial officer, treasurer and corporate secretary. Ms. Gieselman's experience includes an extensive background in corporate and financial reporting and compliance for Canada and the US, financings, treasury, international corporate structures and financial reporting in Mexico, Peru, Chile and Brazil.

The addition of Mr. Smith and Mr. Huerta to Aurcana's management team along with the ongoing support of Ms. Gieselman provides the Company with solid financial and corporate skills to advance its operations and continue its rapid growth.

Aurcana is a Canadian junior mining company listed on the TSX Venture Exchange, symbol: AUN. The Company is currently in production and remains focused on the acquisition, development and operation of silver, zinc and copper mines with good infrastructure and ore reserves/resources that require minimal capital and time to re-start. Aurcana operates the La Negra silver, copper, zinc and lead mine in Querataro State, Mexico and is developing its Rosario silver, zinc, gold mine in Sinaloa State, Mexico.


Ken Booth, President

The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.

Contact Information

  • Aurcana Corporation
    Ken Booth
    (604) 331-9333
    Aurcana Corporation
    Colin Farr
    Investor Relations
    (604) 331-9333