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Aurcana Corp.

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Summary

Project:

Shafter

Deposit:Shafter
Location:United States
Commodities:Silver-Gold-Lead-Zinc
Date:9/8/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Mine in Care & Maintenance
Report details:8-9-2017: Aurcana Corp. announces an Exploration/Drilling Update report for its Shafter deposit at the Shafter project. Drilling results incl. 5.49m @ 296.54g/t Ag, 0.57g/t Au, 1.6% Pb, 1.9% Zn from 137.77m. Vancouver, B.C., September 8, 2017 – Aurcana Co
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Jerry Blackwell (Internal)
ABSTRACT:Vancouver, B.C., September 8, 2017 – Aurcana Corporation (TSX:AUN - "Aurcana" or the Company") is pleased to provide an update of the exploration drilling programme at Shafter, Texas. Four core holes have been completed at Shafter, another is in progress and a sixth is planned. Drilling has focused on the western portion of the property, approximately 1.4 miles west- southwest of the current mineral resource area and 900 feet from the 400 level of the historical Mina Grande West underground workings of the Presidio Mine. The exploration objective is to follow-up a drill hole (SD 264) completed by Gold Fields in 1980 that encountered strong alteration at both the base and top of the Permian Mina Grande Formation. The upper zone is geochemically anomalous and may be a distal expression of the same mineralization found in the Presidio Mine. The lower zone is unusual with evidence of strong brecciation, “jasperoid” and specular hematite-quartz mineralization. The exact location of drill hole SD 264 is uncertain but it is believed that 17-468 is collared 250 feet north and passed within 20 feet of the lower zone intercept. At this stage of exploration results are considered to be comparable, including:

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