P1252428711HYyXM

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Silver Producer Turning Silver into
Growth January 2009
TSX.V - AUN
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General Disclaimer Aurcana Corporation
"Aurcana", has taken all reasonable care in
producing and publishing information contained in
this presentation. The material may contain
technical or other inaccuracies, omissions, or
typographical errors, for which Aurcana assumes
no responsibility. Aurcana does not warrant or
make any representations regarding the use,
validity, accuracy, completeness or reliability
of any claims, statements or information in this
presentation. The information is not a substitute
for independent professional advice before making
any investment decisions and Aurcana recommends
seeking independent professional advice before
making any investment decisions concerning
Aurcana. Furthermore, you may not modify or
reproduce in any form, electronic or otherwise,
any information in this presentation, except for
personal use unless you have obtained our express
permission. . Forward-Looking Statements No
stock exchange, securities commission or other
regulatory authority has approved or disapproved
the information contained in this presentation.
This Presentation includes certain
forward-looking statements. All statements
other than statements of historical fact,
included in this release, including without
limitation statements regarding potential
mineralization and resources, reserves,
exploration results, and future plans and
objectives of Aurcana, are forward looking
statements that involve various risks and
uncertainties. The mineral resources estimates
contained here are only estimates and no
assurance can be given that any particular level
of recovery of minerals will be realized or that
an identified resource will ever qualify as a
commercially mineable or viable) deposit which
can be legally and economically exploited. In
addition, the grade of mineralization ultimately
mined may differ from the one indicated by the
drilling results and the difference may be
material. The estimated resources described
herein should not be interpreted as assurances of
mine life or of the profitability of future
operations. There can be no assurance that
forward looking statements will prove to be
accurate and actual results and future events
could differ materially from those anticipated in
such statements. Important factors that could
cause actual results to differ materially from
Aurcanas expectations include, among others,
risks related to international operations, the
actual results of current exploration activities,
conclusions of economic evaluations and changes
in project parameters as plans continue to be
refined as well as future commodity prices.
Although Aurcana has attempted to identify
important factors that could cause actual results
to differ materially, there may be other factors
that cause results not to be as anticipated,
estimated or intended. There can be no assurance
that such statements will prove to be accurate as
actual results and future events could differ
materially from those anticipated in such
statements. Accordingly, readers should not
place undue reliance on forward-looking
statements. Cautionary Note to United States
Investors Concerning Estimates of Measured,
Indicated and Inferred Resources These tables
use the terms Measured, Indicated and
Inferred Resources. United States investors
are advised that while such terms are recognized
and required by Canadian regulations, the United
States Securities and Exchange Commission does
not recognize them. Inferred Mineral Resources
have a great amount of uncertainty as to their
existence, and as to their economic and legal
feasibility. It cannot be assumed that all or any
part of an Inferred Mineral Resource will ever be
upgraded to a higher category. Under Canadian
rules, estimates of Inferred Mineral Resources
may not form the basis of feasibility or other
economic studies. United States investors are
cautioned not to assume that all or any part of
Measured or Indicated Mineral Resources will ever
be converted into Mineral Reserves. United States
investors are also cautioned not to assume that
all or any part of a Mineral Resource is
economically or legally mineable.
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Aurcana - Highlights

• Silver Focus
• Shafter Silver mine - owned 100
• Building on established production
• Silver Standard Shareholder with 14
• Management capacity to develop and operate
  additional projects

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Projects
Shafter (100) Texas, U.S.A. Rosario
(100) Sinaloa State, Mexico La Negra (80)
Queretaro State, Mexico
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Shafter Silver Mine (100) Texas Pure Silver
Mine

• Historic Production
• 2.3 million tons containing 35 million oz at
  15 oz / ton

• Acquisition cost of approximately U.S. 0.89 per
  resource ounce
• Advanced permitting underway
• 43-101 compliant resource
• Exploration upside

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Highlights

• Resources
• 24.6 million ounces _at_ 8.48 oz/ton Measured
  Indicated
• 22.8 million ounces _at_ 10.52 oz/ton Inferred
• (43-101 compliant Using a 4 oz per ton cut-off)
• Production
• Anticipated 18 months from construction start up
• Year one 3.9 million ounces recovered
• Key Infrastructure in place

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Mineral District

• Very good exploration potential for silver and
  gold
• Ore body open along strike

1,295 Hectares (3,200acres)
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Cross Section

• Shafter deposit is the eastward down dip
  extension of the Presidio Mine
• Past production 35 million oz silver (2.3
  million tons _at_ 15 opt)

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Development
Goldfields Shaft

• Over 20 million expended from 1977 1982

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Project Site
Power Line
Power Substation
Proposed Tailings Disposal Facility
Mill site and ramp portal
Shafter Town
Highway
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Key Infrastructure

• All surface rights secured for mine, mill and
  tailings
• Four historical shafts for ventilation, one
  production shaft
• Portions of historical development to be used
• Existing power line and electrical substation
• 80 ton per hour hoisting capacity
• Paved highway through property
• Terrain good for construction
• Major mill components on site

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Resources
Tons Silver Ounces/ton Contained Silver Ounces
Measured 883,000 8.50 7,500,000
Indicated 2,017,000 8.48 17,100,000
Measured Indicated 2,900,000 8.48 24.600,000

Inferred 2,167,000 10.52 22,800,000
At 4.0 opt silver cut-off At 4.0 opt silver cut-off At 4.0 opt silver cut-off At 4.0 opt silver cut-off

NI 43-101 compliant report filed on SEDAR July,
2008
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Production

• Head frame for hoisting ore
• Hoist Capacity for 80 tons/hr
• Planned ramp for haulage of initial ore and
  access for mechanized equipment

Source Aurcana Feb. 2008
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Mining

• 1,500 tpd mining rate planned
• Cut-off grade will be 4 oz/ton
• Mine access by 4.2 X 4.6 metre ramp

Good ground conditions
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Mining continued

• Room-and-pillar mining
• Mining equipment will be mechanized
• Selective mining and good grade-control will be a
  feature of mining the Shafter deposit
• After initial ramp haulage, existing shaft will
  be used to hoist ore

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Milling

• Key mill components are on site eliminating long
  lead time
• Capacity of mill fits well with Shafter mine plan
• Power line and sub-station in place

Source Aurcana Feb. 2008
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Metallurgy

• Extensive test work has been done on the Shafter
  and Presidio ore
• The process will be CCD Cyanide Leaching (84
  recovery)
• Cyanide recovery and destruction will be
  performed on tailings
• Further work is being performed to enhance
  metallurgical recoveries

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Metallurgy Continued

• Silver doré produced on site and refined in the
  U.S.
• No deleterious elements
• Historical recoveries of 85

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Shafter - Opportunities

• Increase in Resource and Reserve by in-fill
  drilling and exploration drilling
• Conversion of Inferred Resource to Measured
  Indicated by in-fill drilling
• Goldfields bulk sample indicated improvement in
  grade compared to drill hole results
• Advancing the project during a low cycle in the
  world economy assists budget and schedule, and
  could lead to a reduction in capital cost
• Timed to start production with the recovery of
  metal prices.

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Officers Directors
Ken Booth President Director Ron Nichols V.
P. Exploration Director Andy Nichols V. P.
Operations Salvador Huerta Controller Chuck
Jenkins Chief Financial Officer Terese J.
Gieselman Corporate Secretary / Treasurer
J. Antonio Berlanga B. Director Ron
Netolitzky Director Lenic Rodriguez Director Adr
ian Aguirre Director Nils von Fersen Exploration
Manager Jack Barnes Manager, Investor Relations
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Share Capitalization

• Issued and Outstanding 108,583,933
  
• Stock Options 8,900,000
  
• 500,000 _at_ 1.25 - Sept. /09
• 2,400,000 _at_ 0.59 - Aug. /11
• 2,175,000 _at_ 1.50 - Mar. /12
• 300,000 _at_ 1.65 - Mar. /12
• 100,000 _at_ 0.64 - Dec. /12
• 150,000 _at_ 0.58 - May /13
• 2,775,000 _at_ 0.31 - Sept. /13
• 150,000 _at_ 0.16 - Oct. / 13
• 350,000 _at_ 0.13 - Jan. / 14
• 10 million Debenture 6,622,517
  
  
  convertible _at_ 1.51 - June
  / 11
• Fully Diluted 124,106,450

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Why Aurcana?

• Developing Silver Focus
• Shafter silver mine makes Aurcana a primary
  silver producer.
• Resources
• Over 70 million ounces silver in all categories
• Production
• Projects with potential for 5 million ounces
  silver per year
• Key management in place
• Acquired Developed - Produced
• In house EPCM team ready to build Shafter.