Aurcana Silver Corporation
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Kevin Cameron Drover
- Sector
- Basic Materials
- Industry
- Silver
- Address
- 789 West Pender Street Vancouver BC Canada V6C 1H2
- IPO Date
- Jan 5, 2010
- CIK
- 0001507713
- Website
- aurcana.com
- Similar Companies
- Business
- Aurcana Silver Corporation engages in the exploration, development, and operation of silver and base metal mining properties primarily in the United States. The company owns a 100% interest in the Revenue-Virginius polymetallic mine located in Ouray, Colorado, and the Shafter silver project situated in Presidio County, Texas. Aurcana's main products include high-grade silver and other associated base metals extracted from these mines. The Revenue-Virginius mine, which features one of the highest-grade silver resources globally, is fully permitted and underwent over $20 million in technical upgrades since its last operation in 2015. The Shafter project, also fully permitted, has seen substantial development though it has been on care and maintenance since 2013. Founded in 2007 and headquartered in Victoria, British Columbia, Canada, Aurcana Silver Corporation focuses on rebuilding production capacity with the fully permitted Revenue-Virginius mine being central to its operational strategy. The company completed a revised preliminary economic assessment for the Shafter property and continues to explore strategic options for advancing this project. Aurcana's business strategy includes securing financing to ramp up production at the Revenue-Virginius mine, targeting silver equivalent production growth. Recent major corporate developments include the acquisition of Ouray Silver Mines Inc. and its associated assets, ongoing efforts to complete infrastructure improvements such as the #1 Alimak raise hoist at the Revenue-Virginius mine, and financial restructuring agreements to increase liquidity and operational flexibility. Despite operational challenges including temporary mining suspensions due to winter conditions and elevated costs, Aurcana is actively pursuing financing solutions to support production scale-up and operational stability. The company has also engaged in equity offerings and is exploring potential mergers and debt refinancing to strengthen its financial standing. Aurcana operates primarily in the mineral exploration and development sector serving markets focused on silver and base metals, with operations concentrated in the southwestern United States. Its recent strategic focus has been on returning the high-grade Revenue-Virginius mine to production and advancing the Shafter silver project to capitalize on the strong market demand for silver and base metals. The company trades its shares on the TSX Venture Exchange under the ticker AUN and on OTC markets under AUNFF. Aurcana Silver Corporation maintains a corporate office in Victoria, Canada, and continues to invest in operational improvements and project development to enhance its position as a significant silver producer in North America.
Rock movement limits production at Aurcana Silver
Exploring Mining Podcast - Investor Ideas Talks to Kevin Drover; President, CEO and Chairman of Aurcana Silver Corporation
Aurcana Silver Provides Update on the Restart Progress of Its Revenue Virginius Mine, With First Ore Through the Mill
Aurcana Silver Project Update, Filing of 1st Quarter Finanicals and Award of Options
Aurcana plans to process first ore at Revenue Virginius in July
Aurcana Silver Selected For 2020 TSX Venture Top 50 List
Aurcana Provides Construction Update for Its Revenue Virginius Mine
Aurcana Closes Previously Announced Non-brokered Private Placement for a Total of C$33,406,363 With a Lead Order From Palisades Goldcorp Ltd.
Aurcana Announces Pending Closing of Previously Announced Non-Brokered Private Placement with Lead Order from Palisades Goldcorp
Aurcana: Resurrecting The Revenue-Virginius Mine
Aurcana Announces Non-Brokered Private Placement of Up To C$15 Million with a Lead Order from Palisades Goldcorp Ltd.