SHAFTER PROJECT
The Shafter silver project is 375 km southeast of El Paso, in Presidio County, southwest Texas, within a historic mining district. The site has excellent infrastructure, both in terms of year-round access via a paved highway, upgraded utility power and mine site facilities.
Silver from the Presidio Mine was mined from 1883 until 1942 when it was closed due to declining silver prices and the War Act. In the late 1970’s Gold Fields discovered a previously unknown deep extension to the Presidio, which remains un-mined and is the primary objective of Aurcana’s development plans.
In 2008 Aurcana acquired the Shafter Silver Project and in 2011 commenced re-development of underground access as well as construction of mill and mine facilities. In December 2013 the operation was put on care and maintenance.
In September 2018, an updated Preliminary Economic Assessment was released and the project is fully permitted. Shafter Preliminary Economic Assessment