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Podcast: Mining Stock Education
Episode: 9M Silver Ounces Per Year Production Three Years from Now with Aurcana Silver CEO Kevin Drover
Description: Aurcana Silver Corp. 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. In this interview CEO Kevin Drover provides a construction update and production goals for the next three years. Silver ore will be fed into the mill starting in about two months and the company will be cashflow positive shortly thereafter. In the first full year of production Aurcana’s conservative estimate of after-tax cashflow is US$5...