Aurcana Silver Corporation acquired Ouray Silver Mines (OSM) in December 2018. OSM owns 100% of the historic Revenue-Virginius mine and mining complex (“RV Mine”). The RV Mine is fully-permitted for immediate production and has recently completed a NI 43-101-compliant feasibility study in preparation for restart. With roots back to the mid-1800's, the RV Mine has produced over 26 million ounces of silver over its long history - most recently in 2015 - along with by-products of lead, zinc and gold. The feasibility study concludes that the project should be able to produce over 3 million silver equivalent ounces per year for a minimum of five years at an all-in sustaining cost of approximately US$10.71/oz. There is significant exploration upside in addition to the potential to convert substantial high grade inferred resources.
Ouray Silver Mines, as a stakeholder and dedicated member of our community, is committed to acting with consideration for the best interests of our employees, the local community, and the environment in every decision we make. We are dedicated to keeping our employees safe while producing responsibly.
Brian is a Professional Engineer in CO and WY who has 30 years of experience in the mining industry. He brings experience in both underground and surface development and operations for both domestic and international organization. Brian has a BS in Mine Engineering and a MS in Agricultural Engineering from University of Wyoming and is also a sixth generation mine engineer.
Buck has a Degree in Accounting from Midwest College, a BS Business Administration/Accounting from Regis College. Buck has over 25 years of experience in the mining industry having previously held senior positions with such companies as Cyprus Minerals, Rosemont Copper, Queenstake Resources and PolyMet Mining. He is also a certified Information Systems Auditor (CISA).
Matt has over 22 years of experience in the mining industry working in Mine Operations, Engineering, Maintenance, and Global Account Management with international and domestic mining organizations and suppliers. He is proud to bring his family back the area they homesteaded many generations ago. He holds a degree in Mining Engineering from Colorado School of Mines.
Aurcana Silver Corporation is a Vancouver-based company whose shares are listed for trading on the TSX Venture Exchange. Aurcana acquired Ouray Silver Mines Inc. which owns the Revenue-Virginius polymetallic mine in Ouray, Colorado in December, 2018.