VANCOUVER, BRITISH COLUMBIA–(Marketwired – Dec 19, 2013) – Aurcana Corporation (“Aurcana” or the “Company”) (TSX VENTURE:AUN)(AUNFF)
wishes to provide an update as to the status of its Shafter Project.
The Aurcana Board of Directors, after careful consideration and review
of the development and mining options for the Shafter Project under
current economic conditions and low silver prices, has elected to put
the Shafter Project on “care and maintenance”. Employees were notified
Wednesday, December 18, 2013.Aurcana is
planning to initiate an exploration program designed to test targets
within Shafter’s known mineralized areas in further detail, to help
determine whether additional higher grade mineralization can be
delineated. Aurcana geologists have identified areas of interest to
justify such a program.
Lenic Rodriguez, Aurcana’s President and CEO, states “Aurcana’s management and its board of directors are very disappointed that (another batch of Lenic bullshit follows here)