Aurcana Silver Corporation (TSX-V: AUN; OTCQX: AUNFF) Aurcana acquired Ouray Silver Mines Inc. which owns the Revenue-Virginius polymetallic mine in Ouray, Colorado in December, 2018. A new mill was built in 2011 and the mine was last operated in 2015 before being placed on care and maintenance. Since 2015 more than $20 million has been invested in technical work on the asset. In June 2018 and updated feasibility study was completed and the mine is fully permitted for immediate production. Aurcana has secured the required financing to put the Revenue-Virginius mine back into production.

Aurcana also owns the Shafter silver project, located in Presidio County, southwest Texas. The Shafter project was advanced and substantially built prior to being placed on care and maintenance in December 2013. In September 2018, the Company also revised the Preliminary Economic Assessment for Shafter and the project is fully permitted.