Aurcana is pleased to provide an update of the exploration drilling programme at Shafter. Several targets have been selected for a first-pass test, mostly following-up historic silver-gold and lead-zinc intercepts that are situated in favourable geological settings but are isolated outside the current mineral resource. Structures are present that may be controlling new or different styles of mineralization and it is hoped [...]
Aurcana is pleased to provide an update of the Company’s planned exploration drilling programme and process of potentially restarting the Shafter Project. An exploration drill programme will commence shortly at the Shafter Project, the Company’s first since 2012. A number of targets have been selected for a first-pass test, including historic mineralized intercepts and structures identified in the early 1980’s and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 28, 2017) - Aurcana Corp. ("Aurcana" or the "Company") (TSX VENTURE:AUN) is pleased to announce that pursuant to the Company's Stock Option Plan a total of 2,950,000 options to purchase shares at a price of $0.32 have been granted to directors, officers, employees and consultants. About Aurcana Corporation Aurcana Corp. owns the Shafter Silver Project in Texas, US. The [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 26, 2017) - Aurcana Corp. ("Aurcana" or the "Company") (TSX VENTURE:AUN) is pleased to announce the appointment of Kevin Francis as Vice President Project Development. Mr. Francis has over 25 years of mine management and re-engineering experience. He has extensive experience in project development, including, mine operations, technical and financial analysis, permitting, and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 27, 2017) - Aurcana Corp. (TSX:AUN) ("Aurcana" or the "Company") is pleased to announce that it has completed its non-brokered private placement (the "Offering") announced on February 13, 2017 and increased on February 14, 2017, and issued an aggregate of 11,529,013 units (each a "Unit") at a purchase price of $0.30 per Unit, raising gross proceeds of $3,458,704. Each Unit [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 14, 2017) - Aurcana Corp. (TSX VENTURE:AUN) ("Aurcana" or the "Company") is pleased to announce that due to positive investor response, it will increase the size of its non-brokered private placement offering (the "Offering") that was announced in a February 13, 2017 news release. The Offering will now consist of the issuance of up to 12,000,000 units (each, a "Unit") at a [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 13, 2017) - Aurcana Corp. (TSX VENTURE:AUN) ("Aurcana" or the "Company") is pleased to announce that it will undertake a non-brokered private placement of up to 10,000,000 units (each, a "Unit") at a price of $0.30CDN per Unit, for gross proceeds of up to $3,000,000CDN (the "Offering"). Each Unit will consist of one common share in the capital of the Company (each a "Share [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 31, 2016) - Aurcana Corporation ("Aurcana" or the "Company") (TSX VENTURE:AUN) announces that it has changed its auditors from Deloitte LLP (the "Former Auditors") to MNP LLP (the "Successor Auditors") effective October 7, 2016. At the request of the Company, the Former Auditors resigned as auditors of the Company effective October 7, 2016 and the board of directors of the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 27, 2016) - Aurcana Corp. (TSX:AUN)("Aurcana" or the "Company") is pleased to announce the filing of a report in support of a Preliminary Economic Assessment ("PEA") for its 100%-owned Shafter Project located in Texas, United States. The PEA results were previously disclosed in the Company's news release dated August 31, 2016. The Technical Report containing the foregoing [...]
Shafter Project PEA - Post-Tax NPV(5) of $18 million, IRR of 40.9% and Pre-Production Capex of $13.2 million VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 31, 2016) - Aurcana Corp. (TSX:AUN) - ("Aurcana" or the "Company") today announced that it has received the results of an updated Preliminary Economic Assessment (the "PEA") for its 100%-owned Shafter Project oxide silver deposit in Texas ("Shafter" or the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 20, 2016) - Aurcana Corp. (the "Company") (TSX VENTURE:AUN) announces that its wholly-owned subsidiary, Silver Assets, Inc. ("SAI"), has entered into a term assignment agreement (the "Assignment") with a privately-owned, Texas-based oil and gas firm (the "Assignee"). Under the Assignment, three contiguous oil and gas leases (the "Leases") have been assigned by SAI to the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 31, 2016) - Aurcana Corp. ("Aurcana" or the "Company") (TSX VENTURE:AUN) Aurcana Corp. is pleased to announce that it has initiated a Preliminary Economic Assessment (the "PEA") in respect of the Company's 100% owned Shafter Silver Project, in Presidio County, Texas. The PEA will provide a base-case assessment for the further development of the existing mineral resource and [...]
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