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New Discoveries at Aurcana’s La Negra Mine Indicates the Presence of Gold

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New Discoveries at Aurcana’s La Negra Mine Indicates the Presence of Gold

 

 

The La Negra operation.

 

Aurcana Corporation (TSX VENTURE:AUN) (OTCQX:AUNFF) (PINKSHEETS:AUNFF) announce the results of the 2012 surface mapping program at the La Negra Mine.

 

 

The objective of the program was to map and sample the upward projection of the known mineralized zones within the mine, and to identify new, untested exploration targets associated with the favorable northwest and northeast mine trends. Most of this area has not been extensively explored, sampled or drilled. Approximately 420 hectares were mapped at 1:2000 scale and 1,117 samples were collected from skarn and intrusive outcrops.

 

 

Mr. Lenic Rodriguez, Aurcana’s President & CEO, states: “We are very pleased to report today significant exploration results and new discoveries at La Negra. The presence of gold associated with strong silver, zinc and lead values in new areas tested is very encouraging. While historically gold production has not been a major source of revenue at La Negra, and the potential economic significance of these results is not known, these results are of strong interest to us. The ramp-up at Shafter, increase in mining capacity at La Negra and excellent exploration results, are indeed exciting times for Aurcana.”

 

 

Highlights

 

 

 

—  Zona Aurifera I, returned strong assay values including:

—  15.3 gm/t Au and 261 gm/t Ag;

—  12 gm/t Au and 105 gm/t Ag;

—  10.0 gm/t Au and 381 gm/t Ag;

—  Zona Aurifera II also returned strong assay values including:

—  2.8 gm/t Au and 229 gm/t Ag;

—  2.4 gm/t Au and 307 gm/t Ag;

—  2.8 gm/t Au and 95 gm/t Ag;

 

Posted February 12, 2013

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