New Discoveries at Aurcana's La Negra Mine Indicates the Presence of Gold

New Discoveries at Aurcana's La Negra Mine Indicates the Presence of Gold 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/11/13 -- Aurcana
Corporation ("Aurcana" or the "Company") (TSX
VENTURE:AUN)(OTCQX:AUNFF)(PINKSHEETS:AUNFF) is pleased to announce
the results of the 2012 surface mapping program at the La Negra Mine. 
The objective of the program was to map and sample the upward
projection of the known mineralized zones within the mine, and to
identify new, untested exploration targets associated with the
favorable northwest and northeast mine trends. Most of this area has
not been extensively explored, sampled or drilled. Approximately 420
hectares were mapped at 1:2000 scale and 1,117 samples were collected
from skarn and intrusive outcrops.  
Mr. Lenic Rodriguez, Aurcana's President & CEO, states: "We are very
pleased to report today significant exploration results and new
discoveries at La Negra. The presence of gold associated with strong
silver, zinc and lead values in new areas tested is very encouraging.
While historically gold production has not been a major source of
revenue at La Negra, and the potential economic significance of these
results is not known, these results are of strong interest to us. The
ramp-up at Shafter, increase in mining capacity at La Negra and
excellent exploration results, are indeed exciting times for
Aurcana." 
Highlights 


 
--  Zona Aurifera I, returned strong assay values including: 
    --  15.3 gm/t Au and 261 gm/t Ag; 
    --  12 gm/t Au and 105 gm/t Ag; 
    --  10.0 gm/t Au and 381 gm/t Ag; 
--  Zona Aurifera II also returned strong assay values including: 
    --  2.8 gm/t Au and 229 gm/t Ag; 
    --  2.4 gm/t Au and 307 gm/t Ag; 
    --  2.8 gm/t Au and 95 gm/t Ag; 

 
La Negra Exploration Program 
The exploration program has outlined six exploration targets. All
areas indicate some presence of gold, with two zones, designated
Aurifera I and II, returning the greatest number of gold values per
total number of samples collected (32% and 29%). Assay values range
from 0.2 gm/t to 15.3 gm/t Au and are associated with strong silver,
lead and zinc values, as well as geochemically anomalous bismuth and
arsenic. All are within skarn similar to that currently being mined
and several ha
ve favorable metal assemblages including copper, lead,
zinc and most notably silver and gold.  
Current detailed mapping and sampling are focused on the Aurifera I
and II zones and on the El Alacran Norte zone to determine size and
average grade. The Aurifera II zone has not been fully delimited to
date.   
The location of the Aurifera I and II zones is at the southern
contact of the main diorite intrusion. Oxidized, fracture controlled
mineralization is hosted in massive skarn.  
El Alacran Norte is located on the northern contact of the main
diorite intrusion. Oxidized Ag-Pb-Zn-Cu mineralization is hosted in
skarn horizons. 
The La Negra mine was initially in production from 1971 to 2000, then
acquired form Penoles and placed back into production by Aurcana in
2007. The mine is accessed through portals at the base of a mountain,
and the mineral resource is established by underground diamond
drilling programs. The potential for extensions of these resources in
the upper portion of the mountain and the deep extensions have not
been pursued since Aurcana acquired the property. As such, these
results are seen to be a step towards recognizing the greater
potential of the La Negra mineralized zones. 


 
          ZONA AURIFERA I                         ZONA AURIFERA II          
-----------------------------------    -------------------------------------
Sample    Au    Ag                     Sample    Au     Ag                  
 No.    gm/t  gm/t  Pb %  Zn % Cu %    No.     gm/t   gm/t  Pb %  Zn %  Cu %
-----------------------------------    -------------------------------------
9272    5.40 164.0  0.60  0.31 0.04    9256    0.90  117.0  0.65  1.99  1.65
-----------------------------------    -------------------------------------
612863 10.00 381.0  1.47  1.15 0.07    9259    0.40  121.0  0.65  1.99  1.65
-----------------------------------    -------------------------------------
612865  0.30  14.9  0.12  0.23 0.07    9269    2.80   95.0  0.28  0.25  0.14
-----------------------------------    -------------------------------------
612867  0.90   7.6  0.04  0.06 0.02    612899  1.10  272.0  1.78  5.70  2.76
-----------------------------------    -------------------------------------
612868  7.00 225.0  1.25  2.84 0.10    612900  2.40  307.0  2.02  1.76  4.46
-----------------------------------    -------------------------------------
612870  0.20   5.4  0.02  0.04 0.00    612901  0.60  103.0  0.81  1.80  0.75
-----------------------------------    -------------------------------------
612873  6.30 298.0  1.65  0.42 0.04    612904  0.20  154.0  0.87  2.60  0.96
-----------------------------------    -------------------------------------
612876  0.40   9.3  0.07  0.14 0.00    612905  0.30  147.0  0.81  2.71  0.76
-----------------------------------    -------------------------------------
612877  0.40   5.2  0.02  0.03 0.00    612906  0.20   93.4  0.79  3.30  0.59
-----------------------------------    -------------------------------------
78210  15.30 261.0  1.25  0.11 0.03    612907  0.30   24.5  0.17  1.86  0.02
-----------------------------------    -------------------------------------
78212   0.40   9.3  0.07  0.14 0.00    78132   1.10   10.4  0.08  0.04  0.03
-----------------------------------    -------------------------------------
78213   0.70  16.8  0.02  0.01 0.00    78134   0.70    5.1  0.12  0.12  0.06
-----------------------------------    -------------------------------------
78214   0.40  32.4  0.02  0.03 1.19    78171   0.20   23.6  0.30  2.13  0.01
-----------------------------------    -------------------------------------
78416   0.60  73.5  0.47  0.82 0.47    78176   0.50  127.0  0.65  1.11  0.18
-----------------------------------    -------------------------------------
78424   0.30 438.0  3.21 27.80 0.89    78181   1.10    0.0  1.10  0.67  0.65
-----------------------------------    -------------------------------------
78429   0.40 164.0  1.05  9.47 0.16    78190   0.30  104.0  0.63  8.46  0.41
-----------------------------------    -------------------------------------
78436   0.60 267.0  1.25 12.85 0.12    78268   2.20    1.2  0.01  0.01  0.00
-----------------------------------    -------------------------------------
78437   0.20  45.0  0.20  4.29 0.04    79206    3.4    2.9  0.02  0.03  0.00
-----------------------------------    -------------------------------------
78438   0.70  78.3  0.37  6.48 0.26    79208   0.20    0.7  0.01  0.01  0.00
-----------------------------------    -------------------------------------
78439   3.20 119.0  0.56  4.55 0.08    79272    0.3    2.5  0.03  0.05  0.01
-----------------------------------    -------------------------------------
78441   3.20  92.2  0.39  2.89 0.22    79277    0.3    2.0  0.02  0.02  0.00
-----------------------------------    -------------------------------------
78442   0.70  39.3  0.16  0.35 0.06    79257    1.1   11.6  0.03  0.07  0.03
-----------------------------------    -------------------------------------
78443   5.50  71.9  0.10  0.38 0.34    79258    0.3    6.2  0.02  0.07  0.03
-----------------------------------    -------------------------------------
78444   4.90  96.8  0.12  0.09 0.35    79261    0.2    4.3  0.02  0.09  0.05
-----------------------------------    -------------------------
------------
78445   5.90 217.0  0.46  1.52 0.55    79262    3.3   17.2  0.04  0.05  0.08
-----------------------------------    -------------------------------------
78446   0.50   5.3  0.02  0.33 0.05    79267    2.1   18.2  0.05  0.02  0.24
-----------------------------------    -------------------------------------
78447   2.20   9.7  0.03  0.24 0.09    79214    0.3    1.5  0.01  0.00  0.00
-----------------------------------    -------------------------------------
78448   0.30  12.0  0.04  0.44 0.12    79216    0.3    2.2  0.01  0.08  0.00
-----------------------------------    -------------------------------------
78426   0.30 287.0  1.69 13.15 0.17    79298   2.80 229.00  1.56  2.25  2.61
-----------------------------------    -------------------------------------
78428    1.8 755.0  3.94 16.70 0.23    79303   0.20  76.90  0.54  2.66  0.61
-----------------------------------    -------------------------------------
78433   0.20 185.0  1.03 14.70 0.15    79304   0.60 172.00  0.92  5.45  0.57
-----------------------------------    -------------------------------------
78435    1.6 400.0  2.01 17.80 0.10    79305   1.20  26.70  0.21  1.77  0.01
-----------------------------------    -------------------------------------
78519    0.4  0.92  0.06  0.01 0.01    79336   1.00  94.10  0.30  0.36  0.15
-----------------------------------    -------------------------------------
78526      1 10.55  0.00  2.29 0.47    79339   1.60   2.96  0.06  0.05  0.03
-----------------------------------    -------------------------------------
78534    0.9  7.72  0.02  0.05 0.33    79341   0.20   2.71  0.02  0.04  0.02
-----------------------------------    -------------------------------------
78537    0.8     7  0.01  0.41 0.38    79342   4.10   6.21  0.03  0.03  0.04
-----------------------------------    -------------------------------------
78538    0.7  9.21  0.10  0.12 0.50    79348   2.10   4.68  0.03  0.03  0.00
-----------------------------------    -------------------------------------
78542    4.8  28.7  0.13  0.04 0.01    79358   0.30   0.24  0.01  0.02  0.00
-----------------------------------    -------------------------------------
78543    4.6  34.1  0.18  0.06 0.01    79363   0.30  16.40  0.06  0.07  0.24
-----------------------------------    -------------------------------------
78544     12 105.0  0.50  0.03 0.02                                         
-----------------------------------                                         
78567    0.3  11.9  0.02  0.00 0.68                                         
-----------------------------------                                         
-----------------------------------                                         
                                                                            
         ZONA ALACRAN NORTH                                                 
-----------------------------------                                         
          Au    Ag                                                          
SAMPLE  gm/t  gm/t  Pb %  Zn % Cu %                                         
-----------------------------------                                         
78043   0.20 134.0  0.47  1.91 0.18                                         
-----------------------------------                                         
612999  0.30 182.0  0.66  0.53 0.63                                         
-----------------------------------                                         
10-0473 0.40 531.0  2.53 10.50 1.38                                         
-----------------------------------                                         
78101   0.20 197.0  0.89  3.44 1.20                                         
-----------------------------------                                         
78102   0.20 287.0  0.75  2.41 2.09                                         
-----------------------------------                                         
78116   0.20  30.1  0.03  0.03 0.38                                         
-----------------------------------                                         
78117   0.30  45.5  0.03  0.51 0.61                                         
-----------------------------------                                         
78119   0.30  38.7  0.05  0.72 0.51                                         
-----------------------------------                                         
78123   0.50  88.3  0.07  0.47 0.36                                         
-----------------------------------                                         
79104   0.40 364.0  1.53  0.10 0.56                                         
-----------------------------------                                         
79171   0.20 129.0  0.10  0.17 1.53                                         
-----------------------------------                                         
79172   0.20 200.0  0.11  0.10 0.86                                         
-----------------------------------                                         
79177   0.20  55.6  0.09  0.40 0.71                                         
-----------------------------------                                         
79178   0.20  27.7  0.09  3.86 0.44                                         
-----------------------------------                                         
79025   0.20 151.0  0.94  1.76 0.47                                         
-----------------------------------                                         

 
Quality Assurance - Quality Control 
One meter chip samples were collected from fresh rock after oxidized
surface material was removed. For every 10 samples a blank of
un-mineralized country rock and a duplicate sample was inserted.
Sample locations were marked with metal tags and were photographed.
Samples were bagged and sent to the ALS Prep Lab in Mexico. Pulps
were submitted to the ALS Chemex Laboratory in Vancouver and analyzed
for 49 elements (ME-M41). High copper, lead, zinc and silver values
were re-analyzed using ore grade analysis. Gold values have not been
confirmed by Fire Assay. 
Blanks and duplicates were checked for conformity with lab results. 
The scientific and technical information contained in this news
release has been reviewed by Nils von Fersen, P.Geo. Vice President
of Exploration of the Company, and a Qualified Person ("QP") as
defined by National Instrument 43-101 (Standards of Disclosure for
Mineral Projects). 
About Aurcana Corporation 
Arcana Corporation is an emerging senior silver producer with two
operating mines located in Mexico and Texas, United States.  
La Negra Mine, Mexico, current installed capacity is 2,500tpd. In
order to allow for an increase in future production, La Negra mine is
now working to increase mill capacity to 3,000 tpd by the end of Q1,
2013.  
La Negra has a NI 43-101 M&I resource of 115.1 million (mm) oz
silver, 1,418.7 mm lbs zinc, 539.5 mm lbs lead and 269.5 mm lbs
copper and an Inferred Resource of 56.5 mm oz silver, 657.4 mm lbs
zinc, 263.0 mm lbs. lead and 132.3 mm lbs copper.  
Commissioning and mill testing of the Shafter Mine in Texas commenced
on April 1, 2012 and commencement of commercial production was
achieved in December 2012. The Shafter Silver Mine, according to the
data from the published feasibility study, is expected to produce 3.8
million ounces of silver over 12 months once ramp up to its 1,500tpd
capacity is c
ompleted.  
Shafter has a NI 43-101 M&I Resource of 23.9 mm oz of silver and an
Inferred Resource of 22.8 mm oz of silver. (All National Instrument
43-101 technical reserve reports can be found on SEDAR at:
www.sedar.com).  
Aurcana continues to focus on its future growth. 
Corporate  
The Company's shares are also traded in the United States on OTCQX
under the symbol "AUNFF". Investors can find current financial
disclosure and Real-Time Level 2 quotes for the Company on
www.otcqx.com and www.otcmarkets.com. 
ON BEHALF OF THE BOARD OF DIRECTORS OF AURCANA CORPORATION 
Lenic Rodriguez, President & CEO 
NR-13-3 
Baltazar Solano-Rico and Betty Gibbs have reviewed the technical
information reported in the National Instrument 43-101 technical
reports regarding the La Negra Silver Mine. All National Instrument
43-101 technical reports can be found on the Company's website at
www.aurcana.com or on SEDAR at www.sedar.com.  
Baltazar Solano-Rico (M.Sc., Geol. Eng.) and Mrs. Betty Gibbs (E.M.,
MSc.) of Behre Dolbear are the independent Qualified Persons pursuant
to NI 43-101 for the Company. Mr. Nils von Fersen (PGeo), Vice
President, Exploration is also certified Qualified Person of the
company. The technical contents of this release have also been
reviewed by Nils von Fersen for QP technical disclosures.  
This news release contains certain forward-looking statements,
including statements regarding forecast silver production, silver
grades, recoveries, potential mineralization, exploration result,
future plans and objectives of the Company and the business and
anticipated financial performance of the Company. These statements
are forward-looking statements that involve various risks and
uncertainties. These forward-looking statements include, but are not
limited to, statements with respect to mining and processing of mined
ore, achieving projected recovery rates, anticipated production rates
and mine life, operating efficiencies, costs and expenditures,
changes in mineral resources and conversion of mineral resources to
proven and probable reserves, and other information that is based on
forecasts of future operational or financial results, estimates of
amounts not yet determinable and assumptions of management. 
Exploration results that include geophysics, sampling and drill
results on wide spacings may not be indicative of the occurrence of a
mineral deposit. Such results do not provide assurance that further
work will establish sufficient grade, continuity, metallurgical
characteristics and economic potential to be classified as a category
of mineral resource. A mineral resource which is classified as
"inferred" or indicated" has a great amount of uncertainty as to its
existence and economic and legal feasibility. It cannot be assumed
that any or part of an "indicated mineral resource" or "inferred
mineral resource" will ever be upgraded to a higher category of
resource. Investors are cautioned not to assume that all or any part
of mineral deposits in these categories will ever be converted into
proven and probable reserves. 
Any statements that express or involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions or future events or performance (often, but not always,
using words or phrases such as "expects" or does not expect", "is
expected", anticipates" or "does not anticipate" "plans", "estimates"
or "intends" or stating that certain actions, events or results "
may", "could", "would", "might" or "will" be taken, occur or be
achieved) are not statements of historical fact and may be
"forward-looking statements". Forward-looking statements are subject
to a variety of risks and uncertainties which could cause actual
events or results to materially differ from those reflected in the
forward-looking statements.  
Actual results may differ materially from results contemplated by the
forward-looking statements. Important factors that could differ
materially from the Company's expectations include, among
others,risks related to international operations, unsuccessful
exploration results, conclusions of economic evaluations and changes
in project parameters as plans continue to be refined as well as
changes in metal prices, changes in the availability of funding for
mineral exploration and development, unanticipated changes in key
management personnel and general economic conditions. When relying on
forward-looking statements to make decisions, investors and others
should carefully consider the foregoing factors and other
uncertainties and should not place undue reliance on such
forward-looking statements. The Company does not undertake to update
any forward-looking statements, oral or written, made by itself or on
its behalf. Accordingly, readers should not place undue reliance on
forward-looking statements. 
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. 
Contacts:
Aurcana Corporation
Lenic Rodriguez
President and CEO
(604) 331-9333 or Toll Free: (866) 532-9333 
Aurcana Corporation
Catalin Chiloflischi
Corporate Communications Director
(604) 331-9333 or Toll Free: (866) 532-9333
(604) 633-9179 (FAX)
ir@aurcana.com
www.aurcana.com 
StrataStar Group
Gary Lindsey
720-273-6224
gary@strata-star.com