Mexican Silver-Copper-Zinc Producer

Production at the 2000 TPD La Negra Silver Operation and Developing the Shafter Silver Mine/Mill

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Message: Aurcana increases La Negra mine interest to 92%

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Aurcana increases La Negra mine interest to 92%

posted on Aug 13, 09 11:10PM

From Stockwatch

http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:AUN-1632971&symbol=AUN&news_region=C

Aurcana increases La Negra mine interest to 92%

2009-08-13 18:15 ET - News Release

Mr. Lenic Rodriquez reports

AURCANA INCREASES INTEREST IN LA NEGRA

Aurcana Corp. has increased its interest in the La Negra mine from an 80-per-cent to a 92-per-cent interest through the capitalization of a portion of Aurcana's contributions to Real de Maconi.

Effective April, 2009, Aurcana took over the operatorship of the La Negra mine where on-site employees are now in control of all the daily functions of the mine operation. Key senior staff positions in geology, human resources, accounting and the mill flotation plant have been strengthened with the addition of highly qualified personnel. This has resulted in a significant cost reduction and provides direct control over the operation to Aurcana.