VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 30, 2010) - Aurcana 
Corporation ("Aurcana" or the "Company") (TSX VENTURE:AUN) is pleased to 
report on their 100% owned Shafter Silver Mine located in SW Texas. 

The successful expansion at Aurcana's La Negra Mine (Mexico) from 1,000 to 
1,500 tons per day in Q2, 2010 now allows the company to concentrate its 
resources on the construction of the Shafter Silver Mine. 

Shafter is a historical mine which recovered 35 million ounces of silver 
between 1883 and 1943, when it closed due to war and low silver prices. In 
1979 to 1982, an extensive surface and underground drilling program 
delineated the extension of the orebody a mile to the east of the old mine. 
This resulted in a Measured and Indicated Resource of 25 million ounces of 
silver and an Inferred Resource of 23 million ounces of silver. 

The July 2009 Prefeasibility Study (www.aurcana.com and SEDAR) indicates a 
25% IRR at $13.55 per ounce of silver, and a 2 year payback period. A 
silver price of $15.55 per ounce will provide a 44% IRR and an 18 month 
payback. 

Aurcana purchased Shafter fully permitted in 2008, and encouraged by the 
positive July 2009 Prefeasibility Study and high silver prices, is now 
engaged in securing financing to start construction in the third quarter of 
2010. Company resources are focused on project planning and the publication 
of a bankable feasibility study in September 2010. 

In May 2010, SNC-Lavalin finished basic engineering of the mill and surface 
infrastructure. Final adjustments are being made to existing permits to 
exactly match the project's final configuration. Amendments are minor in 
nature, and the regular interaction with the regulatory agencies has 
resulted in the Company receiving positive indications that permits will be 
amended on application.

Construction can proceed immediately on receipt of financing. Project 
execution planning is substantially complete, and includes selection of key 
construction personnel such as the mine construction manager, the 
permitting and environmental manager, the plant construction manager, and 
the selection of an engineering firm and a construction company. In all 
cases project resources are local to the US South West.

Mr. Lenic Rodriguez, President and CEO of the Company, comments, 

"While the La Negra Mine is a success story for Aurcana, our next step is 
to start building Shafter to bring it on stream early in 2012. Shafter is a 
very good fit for this company as it is a straight-forward project with no 
barriers to construction or operation. It has an excellent orebody, is 
fully permitted, and is well-served with infrastructure. With a production 
rate of 3.5 million ounces of silver per year and a cash cost of $7.50 per 
ounce for the first two years, ($8.50 average life of mine), bringing it 
into production will significantly boost Aurcana's profitability."

About Aurcana Corporation: 

The Shafter Silver Mine is scheduled to start up production within 18 
months of securing permits and financing, producing 3.9 million ounces of 
silver in the first year. It has a NI 43-101 measured and indicated 
resource of 24.6 million ounces of silver (2,900,000 tons at 8.48 Ag opt) 
and an inferred resource of 22.8 million ounces of silver (2,167,000 tons 
at 10.52 Ag opt) using a 4.0 ounce per ton cut off. The 92% owned La Negra 
silver-lead-zinc-copper mine is on target to increase production to over 2 
million ounces Silver Equivalent annually with the recently completed 
expansion to 1,500 tonnes per day. The reader should be cautioned the 
Company has not completed a feasibility study confirming the projected 
production capacity for La Negra and there is no certainty the Company's 
plans will be economically viable. Mr. Sandy McVey, P. Eng., is the 
Company's Qualified Person as defined by National Instrument 43-101 and is 
responsible for the accuracy of the technical information in this news 
release. 

ON BEHALF OF THE BOARD OF DIRECTORS OF AURCANA CORPORATION

Lenic Rodriguez, President 

NR#10-13

Caution Regarding Forward-Looking Statements - This news release contains 
certain forward-looking statements, including statements regarding the 
business and anticipated financial performance of the Company. These 
statements are subject to a number of risks and uncertainties. Actual 
results may differ materially from results contemplated by the 
forward-looking statements. Factors that could cause actual results to 
differ materially from those in the forward-looking statements include 
unsuccessful exploration results, 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. 

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Aurcana Corporation
Jack Barnes
Corporate Relations
(604) 331-9333 or Toll Free: (866) 532-9333
(604) 633-9179  (FAX)
jbarnes@aurcana.com
www.aurcana.com

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.