Aurcana Silver Raises C$34M Explains CEO Kevin Drover
In this interview, Aurcana Silver CEO Kevin Drover explains the purpose of the oversubscribed C$34M financing and why the company offered it at the terms they did.
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 financed to production and expects to begin production in late Q2 or early Q3 this year.
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.
http://www.aurcana.com/ TSXV:AUN OTC: AUNFF
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