01:55:52 EDT Thu 31 Jul 2025
Enter Symbol
or Name
USA
CA



Aurcana Corp (3)
Symbol AUN
Shares Issued 84,744,973
Close 2017-07-17 C$ 0.29
Market Cap C$ 24,576,042
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Aurcana begins drilling at Shafter

2017-07-18 14:01 ET - News Release

Mr. Kevin Drover reports

AURCANA CORPORATION COMMENCES DRILLING

Aurcana Corp. has provided an update of the exploration drilling program at Shafter.

Several targets have been selected for a first-pass test, mostly following up historical 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 these will yield new zones of mineralization as well as boost the company's knowledge of the geology of the Shafter mining camp. The exploration program is now under way, and it is anticipated to last up to six weeks, with at least six core holes planned.

The Shafter silver project is located in Presidio county, southwestern Texas, centred upon the historical Presidio mine and the unmined Shafter deposit. Mineralization at Shafter is found as sheets and tabular lenses of silver-rich iron oxide lodes within laterally extensive mantos in Permian-aged limestone.

About Aurcana Corp.

Aurcana owns the Shafter silver project in Texas, United States. The Shafter silver project was put on care and maintenance in December, 2013.

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