http://www.aurcana.com/i/pdf/May-17-2013-NR-for-Q1-Results-Final.pdf "... Mr. Lenic Rodriguez, Aurcana's President & CEO, said: "We are pleased to report that once again, Aurcana was able to increase its first quarter silver equivalent production by 21 % compared to the same quarter one year ago. Despite lower silver prices, our quarterly revenues were also up by about $1 million. With continuous improvements at Shafter and increased capacity at La Negra the company remains able to grow organically for years. Based on continued progress, the company is strategically positioned to become a senior silver producer."
A video message from Mr. Lenic Rodriguez, talking about Aurcana's Q1 2013 results and an update on our operations, can be watched at the following link:
http://www.b-tv.com/media/AurcanaQCC2_2013.wmv
First Quarter ending Mar 31, 2013 Highlights - Total revenues for Q1 2013 were $12.8 million, up $0.9 million from $11.9 million in Q1 2012.
- Total silver ounces equivalent production for Q1 2013 was 592,504, up 21% from 491,056 ounces produced in Q1 2012.
- Earnings from mining operation in Q1 2013 were $4.8 million, down $0.7 million from $5.5 million in Q1 2012.
- The total cash cost per silver ounce net of by-products for Q1 2013 was $7.79, up $0.97 from $6.82 in Q1 2012.
- Total milled in Q1 2013 was 170,081 tonnes, up 30% from 130,570 in Q1 2012.
- Total mined in Q1 2013 was 200,494 tonnes, up 51% from 132,438 in Q1 2012.
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