Kevin Drover: We’re on The Runway to 2020 Silver Production

Aurcana Corporation has 100% ownership of the world’s highest-grade silver mine (P&P): the Revenue-Virginius mine in Ouray, Colorado, USA. This fully-permitted mine will also be one of the lowest-cost silver producers in the world at only US$8/oz Ag (AISC) after byproduct credits. Aurcana is currently securing the final capex needed to commence production which it expects to accomplish in Q4 2020. The company is currently deploying $15M of the needed $37M CAPEX. In this interview, Aurcana CEO Kevin Drover provides an update on the progress of the Revenue-Virginius mine. Kevin Drover has over 40 years of both domestic and international experience. He was previously VP Worldwide Operations at Kinross Gold and possesses experience in all aspects of mining industry operations, process re-engineering, project development and corporate management. 0:15 Introduction 1:20 Just closed C$5.87M oversubscribed placement 2:01 Currently deploying $15M of needed $37M CAPEX 3:16 Update on potential debt facility 4:42 Why Aurcana will succeed when past operator failed 9:12 Concerned at all about cost overruns? 10:27 When will mill be at full capacity? 12:35 First year production will be ultra-high-grade for quick debt payback 13:23 Increasing LOM efficiently 16:30 Future growth plans at RV mine and beyond http://www.aurcana.com/ TSXV:AUN OTC: AUNFF Aurcana’s Investor Presentation: http://www.miningstockeducation.com/wp-content/uploads/2020/01/Aurcana-Corporate_Presentation.pdf Check out Brian Leni’s newly-launched subscription service: https://www.juniorstockreview.com/premium-subscription/ At checkout use code “Powers” for a 40% discount offer which is good for March 2020 only. Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Aurcana Corporation is an MSE sponsor. The forward-looking statement found on Aurcana’s website and current presentation applies to the content of this interview. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.