Aurcana Corporation - AUN.V Message Board

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Gold/Mining/Energy : Aurcana Corporation - AUN.V

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Apr 19 5:00 PM EST

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From: basserdan	4/18/2012 10:28:28 AM
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Check out this VERY interesting post from the Aurcana board at SH.... by mattbigham 4/17/2012 4:27:33 PM Steve,in regards to your question on the discovery + potential I will now share my DD info with the board. I have sent you emails as I went through the historical USGS documentation on Presidio and surrounding mineralized areas.30 oz per tonne surface ore at Presidio ,mining down to 10 oz per tonne.15 oz per tonne average,Lenic stated. I again went through the latest presentation from Geneva and it seems to tie in to the Lenic quote from the conference call to the 'discovery' that was talked about in the local paper and that you referred to. There may be an additional ore vein discovery to come but this scenario ties together with what has been stated now by Lenic. Lenic talks about the pure silver / high grade at Block 3-Mina Grande fault that is the initial ore to be mined. There is now an additional 100 feet of ore than originally expected.The initial two years mining will be high grade, pure silver ore for AUN from Block 3. 200,000 ADDITIONAL tonnes at 8-10 oz per tonne- that is the new drlling discovery and is not within the existing 43-101. The open pit ore material on surface is 200,000 tonnes at 6 oz per tonne - that is also not included within the existing 43-101 on Shafter.This lower grade ore is also lower cost as it is open pit mined ore. The discovery is 200,000 tonnes at 8-10 oz per tonne with an additional 200,000 tonnes at 6 oz ,both to be added on to the Shafter 43-101 count. 8 minute mark: http://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2012/04/13/aurcana-corporation/play/stream/4501 As Freddyman pointed out to me the LN purchase of land at that mine's base is also very high grade silver. Lenic stated 600-700 grams per ton silver in that section's ore from that purchase. That is 19 - 22.6 silver oz per tonne ore. http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30951766&l=0&r=0&s=AUN&t=LIST Dan

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