Aurcana Reports 2013 Financial Results - Seite 3
Mr. Lenic Rodriguez, President & CEO stated, "The continued production growth in 2013 and the completion of the expansion at La Negra position Aurcana Corporation to become a mid-tier silver producer in 2014 from the La Negra mine alone."
Summary
During 2013 Aurcana continued to upgrade and expand the La Negra Mine. Metal concentrate prices continued to drop, and the Company continued to adjust its cost structure, both on the operational and administrative side. In December 2013, the Shafter mine was placed on care and maintenance, due to economic conditions and low silver prices. With improved silver prices the Company will re-evaluate initiating mining at Shafter. The Company expects significant increases in production in 2014 and beyond.
To read complete Financial Statement click on this link: http://www.aurcana.com/i/pdf/2013-Q4-FS.pdf
To read complete MD&A click on this link: http://www.aurcana.com/i/pdf/2013-Q4-MDA.pdf
Aurcana Corporation is scheduling a conference call to discuss the audited 2013 results at 1000 Hs PST on Friday, May 2, 2014.
Conference Call Details:
Lesen Sie auch
Date: Friday, May 2, 2014
Time: 1:00 PM EDT (10:00 AM Pacific)
Attendee Access Information:
1-800-319-4610 Canada and USA Toll-free
604-638-5340 Vancouver
1-604-638-5340 Outside of Canada & USA
A replay of the conference call will be available immediately following the conference by dialing 1-800-319-6413 in Canada & USA (Toll-free) or 1-604-638-9010 outside of Canada and USA. The required pass code is 2729 followed by the # sign. Please dial-in to the meeting at least 5 minutes prior to the start time using one of the attendee phone numbers.
Corporate
The Company's shares are also traded in the United States on OTCQX under the symbol "AUNFF". Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcqx.com and www.otcmarkets.com.
About Aurcana Corporation: Aurcana Corporation is a primary silver producing company with two properties: the La Negra Mine in Mexico and the Shafter Mine in Texas, US. The latter was put on care and maintenance in December 2013, in part due to depressed silver prices. The Company continues to plan further expansion at its La Negra Mine and to focus on surface exploration on its extensive land holdings in the Maconi Mining District.