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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: ogi who wrote (55657)	1/21/2008 10:13:01 AM
From: loantech	Read Replies (2) \| Respond to of 78424

Mr. Ken Booth reports AURCANA CORPORATION: MINEABLE RESERVES AT ALACRAN DEPOSIT INCREASE BY 98 PER CENT, WORK UNDERWAY ON RESOURCE ESTIMATES FOR 7 OTHER DEPOSITS Aurcana Corp. has received a positive National Instrument (NI) 43-101-compliant reserve calculation on the Alacran deposit of the La Negra mine, Queretaro state, Mexico, from its independent consultants, Wardrop Engineering Inc. A copy of the Wardrop report will be filed on SEDAR within 45 days. Aurcana is very encouraged by the tonnage increase which is a result of the present favourable metal price environment. Other known deposits at La Negra are expected to show similar increases in tonnage. Highlights of the 43-101 report: 434,825 tonnes of minable reserves, a 98-per-cent increase from historically reported reserves; 36,900 tonnes of mined ore stored in stockpiles ready for processing; 181,239 tonnes of inferred resources in addition to the reserves, not reported historically.