AGORACOM News Flash

AGORACOM Maintenance Alert: Going Offline Tonight, and Friday night for about an hour

Dear Members.

AGORACOM will be updating our server framework tonight and tomorrow night. As a result our discussion forums will be down for 1 hour or less.

These problems stemmed from our recent switch to a new web host and some issues with our DNS records (the settings that tell your web browser where our website is located). We believe we have squashed these bugs and are looking forward to pushing these updates through.

In anticipation of this scheduled maintenance we suggest the following:

1. If you are going to post any long and intensive material after 6PM either tonight or on Friday night, save a copy. We don’t expect to lose any data from the last 2-3 hours but better to be safe than sorry

2. Our blog (which you are reading right now) and Twitter account will be unaffected during the downtime, so feel free to contact us at either if you have any issues and can’t reach us through the site.

Best thing to do is to post comments on our blog. Alternatively you can reach us by emailing contactagora@agoracom.com

3. We expect the migration to be very smooth but please let us know if you have any issues.

4. If you are in Toronto, or the GTA, enjoy the weather! Summer is here so go out and have some fun!

We trust the above to be satisfactory as we strive to continually provide you with a great AGORACOM experience.

Thanks,
George and the AGORACOM Team

Message: Maybe this is why halted!

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Maybe this is why halted!

posted on Apr 03, 08 03:08AM

News Releases

Thu Apr 3, 2008
Aurcana Acquires Near Term Silver Production Project

Company Set To Become Primary Silver Producer

Aurcana Corporation (TSX-V.AUN) ("Aurcana" or the "Company") is pleased to announce it has agreed to acquire a 100% interest in the Shafter Silver Mine ("Shafter") from Silver Standard Resources Inc. ("Silver Standard"). Shafter is located in southwest Texas and is fully accessible via paved highway from El Paso, Texas. Shafter has an estimated measured and indicated resource of 21,000,000 ounces of silver and an inferred resource of 20,200,000 ounces of silver. This estimate is based on a previously prepared technical report for Silver Standard by Pincock Allen and Holt on the Shafter Silver Mine dated April 10, 2001 and filed on SEDAR June 3, 2002. A copy of the report is available on SEDAR (www.sedar.com) under Silver Standard's profile. Details of the estimated resource are shown in the table below:

Estimated Resources	Tons	Silver oz./ton	Contained Silver Ounces
Measured	658,000	9.89	6,500,000
Indicated	1,427,000	10.14	14,500,000
Measured & Indicated	2,085,000	10.06	21,000,000

Inferred	1,572,000	12.83	20,200,000

The Company plans to commission a NI 43-101 compliant technical report to confirm the resource estimate.

Shafter's past production history spanned the period from 1883 to 1942 when the mine was closed by the War Act. Total production during that period was 2.306 million tons of ore containing 35.153 million ounces of silver at an average grade of 15.24 ounces of silver per ton.

All necessary infrastructure is in place at Shafter with a major power line and paved highway crossing the property, an electrical sub-station on site, a 320 metre shaft serviced by a 80 ton per hour hoist, 1,555 metres of underground development and an 800 ton per day conventional mill that was moved to Shafter in 2003.

Aurcana will use the expertise and experience of its operating team, which successfully refurbished and restarted the La Negra mine in 13 months, to assemble the mill and re-start the mine at Shafter. The Company estimates that the Shafter mine could be in production in just over 15 months.

"Acquiring the Shafter Silver Mine from Silver Standard Resources has significantly accelerated Aurcana's commitment to become an emerging silver producer" states Ken Booth, President of Aurcana. "We will now focus on identifying additional high quality silver assets"

The acquisition terms require Aurcana to pay Silver Standard $23 million in cash; 15 million Aurcana common shares; and a $10 million convertible debenture paying a 3% coupon with a three year term and convertible into 6.62 million Aurcana common shares at $1.51 per share. Total consideration based on Aurcana's closing price of $0.64 on April 1, 2008 is $42.6 million. The acquisition is subject to the signing of a definitive agreement and a closing on or before June 30, 2008. The acquisition is subject to certain conditions including acceptance of the TSX Venture Exchange.

About Aurcana Corporation:

Aurcana Corporation is a Canadian mining company listed on the TSX Venture Exchange, symbol AUN. The 80% owned La Negra silver-lead-zinc-copper mine in Queretaro State, Mexico operates at 1,000 tonnes per day. The 100% owned Rosario silver-lead-zinc-gold mine in Sinaloa State, Mexico is advancing to commence production at a planned rate of 800 tonnes per day in 2009. The reader should be cautioned the Company has not completed feasibility studies confirming the projected production capacity for La Negra and Rosario or the feasibility of the Shafter Mine and there is no certainty the Company's plans will be economically viable. The Company is currently carrying out aggressive exploration programs at La Negra and Rosario in order to increase historical reserves and resources and with success this could lead directly to expansion of production.

Ron Nichols, P.Eng. a Director and Vice President of Exploration for Aurcana, and a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this release.

ON BEHALF OF THE BOARD OF DIRECTORS OF
AURCANA CORPORATION

"Ken Booth", President

For further information, please visit the website at: www.aurcana.com
Or contact:

Ken Booth, President or
Jack Barnes, Investor Relations
Aurcana Corporation
Phone: (604) 331-9333
Toll Free: (866) 532-9333
Fax: (604) 633-9179
Email: jbarnes@aurcana.com

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.

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