Showing posts with label silver mining. Show all posts
Showing posts with label silver mining. Show all posts

Monday, November 14, 2011

Silver Summit: Aurcana is the next mid-tier Silver Producer



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Al sits down at the 2011 Silver Summit with Lenic Rodriguez, President of Aurcana Corp., and discusses the companies recent activity and progress in moving towards becoming a significant producer of Silver.

Aurcana Corporation is a Canadian junior mining company listed on the TSX Venture Exchange, symbol AUN (TSX.V - AUN) and the OTCQX, symbol AUNFF. The company owns 100% of the Shafter silver mine and 92% of the La Negra silver-copper-lead-zinc mine.

The Shafter silver mine, located in Presidio County, S.W. Texas, has a NI 43-101 silver resource of 24.6 million ounces Measured and Indicated (2,900,000 tons @ 8.48 opt), 22.8 million ounces Inferred (2,167,000 @ 10.52 opt) and a pre-feasibility completed. Production is forecast at 3.8 million ounces silver recovered once the mine and mill are operating at capacity beginning in mid 2012. Aurcana is on track to complete construction on the silver mine in May, 2012. Once complete Shafter will be the 2nd largest producing pure silver mine in the U.S. and will supply 10% of all U.S. silver.

In 2010 La Negra, located in Queretaro State, Mexico, was expanded to mill 1,500 tonnes per day, in early 2012 the capacity will increase to 2000 tonnes per day. La Negra has identified 28 ore bodies, only 3 are currently being mined.

The completed development of the company's new silver mine at Shafter will advance Aurcana from a producing silver company to a mid-tier silver producer beginning in mid 2012.

To Learn More Visit:
http://aurcana.com
http://kereport.com

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Monday, May 30, 2011

Mining 101: Ep 7. What is a Vein?



Yale Simpson, co-chairman of Extorre, explains what a vein is and how they are formed.

From Wikipedia: A vein is a distinct sheetlike body of crystallized minerals within a rock. Veins form when mineral constituents carried by an aqueous solution within the rock mass are deposited through precipitation. The hydraulic flow involved is usually due to hydrothermal circulation. Veins are classically thought of as being the result of growth of crystals on the walls of planar fractures in rocks, with the crystal growth occurring normal to the walls of the cavity, and the crystal protruding into open space. This certainly is the method for the formation of some veins. However, it is rare in geology for significant open space to remain open in large volumes of rock, especially several kilometers below the surface. Thus, there are two main mechanisms considered likely for the formation of veins: open-space filling and crack-seal growth.

For More Information, Visit:
http://www.extorre.com
http://www.evenkeelmedia.com

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Wednesday, May 25, 2011

South American Silver Update: Malku Khota is one of the top development-stage silver projects!


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New York City May 9th, 2011: Greg Johnson, CEO of South American Silver (TSX:SAC) gives an update on the status of their Malku Khota silver-indium project in Bolivia.

In this interview taken at the New York Hard Assets Conference, Greg gives a brief snapshot of the volatile silver market before diving into the exciting news from the Malku Khota project and the silver, indium, and gallium production expected therein.

To learn more, visit:
http://www.SoAmSilver.com