Aurcana Corporation Announces Q2, 2012 Earnings Conference Call

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 16, 2012) - Aurcana Corporation (AUN.V)(AUNFF)(AUNFF) today announced the timing of its Q2, 2012 Earnings CEO conference call scheduled for August 20, 2012. Aurcana Corporation is a silver producer with La Negra mine located in Mexico and Shafter, Aurcana's new mine, located in southwest Texas.

Conference Call

Aurcana Corporation's CEO, Mr. Lenic Rodriguez, will host a conference call on Monday, August 20, 2012 at 2:00 p.m. EDT. Mr. Rodriguez will update shareholders on Q2, 2012 results followed by a Question & Answer period. The conference call will be recorded and posted to the Company's website within 3 to 5 business days from the date of the conference call.

In order to respond to as many conference participants as possible, the Company asks callers to limit their comments and direct one question per person to topics related to operations, production, mine development, financing and exploration.

Date: Monday, August 20, 2012

Time: 2:00 PM EDT (11:00 AM Pacific)

Attendee Access Information:

1-800-319-4610 Canada and USA Toll-free

604-638-5340 Vancouver

1-604-638-5340 Outside of Canada & USA

A replay of the conference call will be available immediately following the conference by dialing 1-800-319-6413 in Canada & USA (Toll-free) or 1- 604-638-9010 outside of Canada and USA. The required pass code is 2729 followed by the # sign.

Please dial-in to the meeting at least 5 minutes prior to the start time using one of the attendee phone numbers.

About Aurcana Corporation:

The Shafter Silver Mine is scheduled to produce 3.8 million ounces of silver in the first full 12 months of operation. It has an NI 43-101 Measured and Indicated Resource of 24.6 million ounces of silver and an Inferred Resource of 22.8 million ounces of silver using a 4.0 ounce per ton cut off. The 99.9% owned La Negra silver-lead-zinc-copper mine produced over 1.1 million ounces of silver equivalent in the first 6 months of 2012.

ON BEHALF OF THE BOARD OF DIRECTORS OF

AURCANA CORPORATION

"Lenic Rodriguez", President

For further information, visit the website at www.aurcana.com.

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, isks 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.