Tue Feb 16, 2010
NI 43-101 Report increases Maravillas Deposit Resources by 47%
Aurcana Corporation ("Aurcana" or the "Company") is pleased to report that it has received a positive NI 43-101 compliant resource estimation for the Maravillas Deposit at the La Negra mine, Queretaro State, Mexico. The Maravillas Deposit is one of 27 deposits identified to date at the La Negra Mine, four of which have been identified by the geological staff since Aurcana re-started the mine in 2007. The resource estimate for the Maravillas deposit represents a 47% increase to 188,941 tonnes from the 128,400 tonnes of historical reserves reported in 2000 by Penoles. The report prepared by Aurcana's independent consultant, Ronald G. Simpson, P.Geo of GeoSim Services Inc. (GeoSim), will be filed at www.SEDAR.com within 45 days.
http://www.aurcana.com/s/NewsReleases.asp?ReportID=385401&_Type=News-Releases&_Title=NI-43-101-Report-increases-Maravillas-Deposit-Resources-by-47
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