|Tue Sep 6, 2011|
Aurcana Corporation to Present at the Precious Metals Summit
|VANCOUVER, BRITISH COLUMBIA -- Aurcana Corporation (TSX-V: AUN, OTCQX: AUNFF) is pleased to announce that Lenic Rodriguez, President & CEO, has been invited to present at the Precious Metals Summit in Beaver Creek, Colorado on Thursday, September 15, 2011 at 8:20am MT. Mr Rodriguez will be discussing the following topics at the conference:|
About The Aurcana Corporation
The Shafter Silver Mine is scheduled to start production within 12 months, and is expected to produce 3.8 million ounces of silver in the first year. It has a NI 43-101 measured and indicated resource of 24.6 million ounces of silver (2,900,000 tons at 8.48 Ag opt) and an inferred resource of 22.8 million ounces of silver (2,167,000 tons at 10.52 Ag opt) using a 4.0 ounce per ton cut-off. The 92% owned La Negra mine is on target to achieve production at an annualized rate of over 1.2 million ounces Silver this year.
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.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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