Aurcana Announces Record Silver Production at the mine La Negra

Aurcana Announces Record Silver Production at the mine La Negra

29.05.2012 – Aurcana Corporation ("Aurcana" or the "Company") is pleased, Silver production for the first quarter 2012 of 287.486 Report to oz. This compares to production of silver 240.275 Ounces in the first quarter 2011, the best quarter in terms of silver production in the history of Aurcana, an increase of 19,6%. The equivalent silver production increased compared to 381.146 Ounces in the first quarter 2011 at 29,3% on 492.864 Ounces in the first quarter 2012.

The average silver content increased in the first quarter 2012 compared to 74 Gramm per Tonne im ersten Quartal 2011 at 9% on 81 Gramm pro ton.

The mill throughput was in the first quarter 2012 130.570 Tons. Fifteen percent (18.948 Tons) were from NI 43-101 compliant measured and indicated resources, while 85% (111.622 Tons) were from new discoveries and not NI 43-101 compliant resource. When La Negra is now used in the development of new mineralized zones, the NI43-101 standards, to increase the compliant resources. A new NI 43-101 compliant resource estimate in the second quarter 2012 be published. In addition, the trend led by North West Development initiatives for new ore zones.

Highlights at La Negra

• The upgrade of the mill at La Negra was the 30. March 2012 completed, what the production capacity of 1.500 Tonnes per day 2.000 Tons per day increased, an increase of 33%.

• Aurcana continues to achieve record results. When the silver production of the first quarter 2012 it acted with 287.486 Ounces of silver by the largest silver volume, which was produced in the history of Aurcana.

• Increase in production of silver equivalent to 29,3% of 381.146 Ounces in the first quarter 2011 on 492.864 Ounces in the first quarter 2012.

• Increased sales in the first quarter of Silver 2012 to 218.701 Ounces in the first quarter 2011 at 18%.

• The start-up phase at the La Negra mine is now complete and the mill now operates with a capacity of 2.000 Tonnen pro Tag.

After upgrading the mill at La Negra to a capacity of 2.000 Tonnen pro Tag, Now is the expansion of the mill on 2.500 Tons per day to start. This is 2013 be completed. The investment outlay for this expansion will be minimal.

Mine Shafter

The company is the construction of the Shafter mine in February 2011 Date and expected, this in May 2012 complete. The company is the construction of the mine two months earlier than anticipated and complete under budget can. Among the highlights:

• The ramp is now at the height of the first resource block.

• Drilling has the resource in the first block to further 150 Foot extended.

• All approvals for expansion 2013 of the mill project in Shafter are now received.

• The Merrill-Crowe equipment was installed.

• The repair of the shaft No.. 46 for ventilation is in progress.

• The construction of the testing laboratory is almost complete.

• The concrete work was completed in February.

• Projects to be finalized: Cyanidmischanlage, Bau des Lagers, Drinking water system and connection to the electricity network.

Summary

In the first quarter 2012 achieved record results at La Negra silver production and recorded in terms of silver production, the best quarter in the history of Aurcana. The production at La Negra was in mid-April to 2.000 Tons per day increases. The mill at Shafter was the beginning of April 2012 commissioned. Within the next 90 Days, the capacity to Shafter 1.500 Tons per day will increase. All approvals for the mine are now Shafter. Aurcana continues to focus on the future business growth.

Take the Undern

The shares of the company's record under the symbol "AUNFF" now in the USA on the OTCQX. Investors can obtain the latest financial statements and real-time level 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.

About Aurcana Corporation:

The Shafter silver mine is in the first full twelve months of its operation is expected 3,8 Million ounces of silver production. It has, using a cut-off grade of 4,0 Ounces per ton over 24,6 Million ounces of silver in measured and indicated resource category and above 22,8 Million ounces of silver in the inferred resource category. To 99,9 % proprietary silver-lead-zinc-copper mine La Negra produced in 2011 1 Million ounces of silver.

Readers are specifically noted, that the company has prepared a feasibility study to confirm the projected production capacity for La Negra and therefore it can not be guaranteed, that the company's plans are economically feasible.

The scientific and technical information in this press release in terms of the Shafter silver mine were by Ken Collison (P.Eng.), Director of the Company and a Qualified Person, checked. The scientific and technical information in this report in terms of the La Negra mine were Baltazar Solano (P.Eng.), a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Minerals Projects), checked.

FÜR DAS BOARD OF DIRECTORS VON
AURCANA CORPORATION

“Lenic Rodriguez”, President & CEO

For more information, please visit the website or www.aurcana.com. about:

Aurcana Corporation
Tel.: +1 (604) 331-9333
Toll-free: (866) 532-9333
Fax: (604) 633-9179

Gary Lindsey, Corporate Relations
Tel.: +1 (720)-273-6224
Email: gary@strata-star.com

For the correctness of the translation is any liability assumed! Please note original English message!

Which filings can be found at:
http://www.irw-press.at/press_html.aspx?messageID=25215

PM-12-07

This press release contains certain forward-looking statements, including statements regarding projections of the silver production, the silver content, the recoveries, the potential mineralization, of Exploration Results, future plans and objectives of the company and the business and the projected financial performance of the company. These statements are forward-looking statements, involve various risks and uncertainties are. These forward-looking statements involve, but not limited to, Statements concerning the mining and processing of ore, the achievement of planned production rates, Production rates and mine life, operational efficiency, Costs and expenses, Changes in material resources and the conversion of mineral resources in proven and probable reserves, and other information, the future with regard to operational forecasts- or financial results are based on estimates and are not determinable by management and approved figures.

Exploration Results, The geophysical investigations, Sampling and drilling include widely spaced, point may not indicate the presence of a mineral deposit. Such results are not a certainty, that further work to sufficient levels, Continuity, leading metallurgical characteristics and economic potential are, to be classified as a mineral resource can. A mineral resource, which is classified as "inferred" or "displayed", points as to their existence and economic and legal feasibility of a high degree of uncertainty on. It can not be assumed, that all "indicated mineral resource" or "inferred mineral resource", or parts thereof, ever be upgraded to a higher category. Investors should not assume, that all mineral deposits in these categories, or parts thereof, ever be tested and probable reserves are made.

All statements, which explicitly or implicitly on projections, Expectations, Assumptions, Plans, Objectives, Assumptions or future events or performance related (the often, but not always, using terms or phrases such as "expects" or "not expected", "Expected", "Anticipates" or "does not expect", „plant“, "Estimates", Be brought "intends" or by statements expressing, state that certain events or results "may", "Might" or "will"), are not historical fact and may "forward-looking statements". Future looking statements are subject to numerous risks and uncertainties, which could cause, that could cause actual events or results to differ materially from those, projected in forward-looking statements.

Actual results may differ materially from those projected in forward-looking statements include market outcomes. Important factors, which could cause, to differ materially from these expectations of the company, include, among others, risks related to international operations, unsuccessful exploration results, Conclusions of economic evaluations and changes in project parameters as a result of the refinement of plans, as well as changes in metal prices, Changes in the availability of funding for mineral exploration and development, unexpected changes in important management personnel and general economic conditions. If investors and others leave in their decisions on forward-looking statements, should the above factors and other uncertainties are carefully considered. Forward-looking statements should not be relied. The Company will not update any forward-looking himself or on behalf of such statements - either orally or in writing. The reader should not place undue reliance on forward-looking statements.

The TSX Venture Exchange nor its Regulation Services Provider (described in the policies of the TSX Venture Exchange Regulation Services Provider) assume no responsibility for the adequacy or accuracy of this release.

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