Aurcana Commences Production at La Negra
April 12, 2007 TSX V- AUN
Aurcana Corporation ("Aurcana" or the "Company") is pleased to announce that mill refurbishment, expansion and preliminary testing has been completed and production has commenced at its 80% owned La Negra silver-copper-zinc-lead mine in Queretaro State, Mexico.
Refurbishment work included the installation of new mill components, upgraded flotation circuits and thickener tanks and expansion of the entire mill. Initially the mill will process lower grade mineralization to allow commercially acceptable metallurgical parameters and specifications to be met. The planned throughput of the mill is 1,000 tonnes per day and the initial feed for the mill will be from approximately 50,000 tonnes of material stockpiled over the past several months complemented by continued daily production from the mine. Production of copper, zinc and lead concentrate has commenced and once commercially acceptable specifications have been met the Company will start the shipment and sale of concentrates which is expected to be within the month.
Aurcana would like to recognize the efforts and diligence of both its partner at La Negra, Reyna Mining and Engineering S.A. de C.V., and the staff at the mine. The effort of all involved has enabled the La Negra operation to reach this very important milestone and enable the Company to take advantage of the continuing high metal prices.
In addition to the La Negra project, the Company also has an Option Agreement with Grupo Mexico to acquire a 100% interest in the silver - zinc - lead - gold Rosario Property located in south eastern Sinaloa State, Mexico.
Aurcana is a Canadian junior mining company listed on the TSX Venture Exchange, symbol: AUN. The Company remains focused on the acquisition, development and operation of silver, zinc and copper mines with good infrastructure and ore reserves/resources that require minimal capital and time to re-start.
ON BEHALF OF THE BOARD OF DIRECTORS OF
AURCANA CORPORATION
"Ken Booth", President
For further information, please contact: Ken Booth, President or
ColinFarr, Investor Relations
Aurcana Corporation
Phone: (604) 331-9333
Website: www.aurcana.com <http://www.aurcana.com/>
The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results |
