Mexican Silver-Copper-Zinc Producer
Production at the 2000 TPD La Negra Silver Operation and Developing the Shafter Silver Mine/Mill
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

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: Aurcana Takes Control of Operations at the La Negra Mine

2nd shots 1 002
Rank: [?]
President
Points: [?]
23987
Rating: [?]
Votes: 222 Score: 3.5
  • Currently 3.6/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Aurcana Takes Control of Operations at the La Negra Mine

posted on Jun 03, 09 11:10AM
June 3, 2009
Aurcana Takes Control of Operations at the La Negra Mine

Expansion To 1,300 TPD Progressing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 3, 2009) - Aurcana Corporation ("Aurcana" or the "Company") (TSX VENTURE:AUN) reports that the three year operating agreement with Reyna Mining and Engineering has expired and will not be renewed. Overall operational responsibilities for the 1,000 tpd silver-copper-lead-zinc La Negra mine, located in Queretaro State, Mexico, will continue under the supervision of the senior staff at the mine. The majority of the key individuals involved have been overseeing the operation since the start of commercial operations in June of 2007. The assumption of day to day control of the mining and milling operations has simplified the operational structure and is expected to increase operational management efficiencies. This will result in significant cost reductions while providing more direct and effective mine management.

Aurcana also reports that the expansion to 1,300 tpd at the La Negra mine is progressing as scheduled. Work consists of upgrading pumps and flotation cells, adding an additional ball mill and expanding the number of fine ore bins from two to three. The two banks of old Denver flotation cells have been removed and four of the eight new larger flotation tanks have been installed. The new tanks are working more efficiently, and have initially increased the zinc concentrate grade by approximately four percent and the copper concentrate by up to one percent.

About Aurcana Corporation:

SHAFTER SILVER MINE: With a NI 43-101 compliant measured and indicated resource of 24.6 million ounces of silver (2,900,000 tons @ 8.48 ounces per ton) and an inferred resource of 22.8 million ounces of silver (2,167,000 @ 10.52 ounces per ton) assuming a 4.0 ounce per ton cut off, production is scheduled at 3.5 million ounces silver per year with start up estimated to be 18 months after permitting and financing is secured.

LA NEGRA MINE: The 80% owned silver-copper-lead-zinc mine in Queretaro State, Mexico, operates at 1,000 tonnes per day. Work is underway to increase throughput of the mill to 1,300 tpd.

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.

The reader should be cautioned the Company has not completed feasibility studies confirming the projected production capacity for La Negra or Shafter 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

New Message

Please login to post a reply

AGORACOM Quick Tips

Small & Micro Cap 2.0 Blog by AGORACOM Members Read It Now

President's D.D.

New feature: Hub Presidents can add important links here.

Hub Leaders