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Aurcana Corporation, a Canadian junior mining company, is positioned to be the next midtier silver producer. The Shafter silver mine is scheduled to start production within four months and is estimated to produce 3.8 Moz silver in the first year of operation. It has an NI 43-101 Measured and Indicated resource of 24.6 Moz silver and an Inferred resource of 22.8 Moz silver using a 4 ounce per ton cutoff. The 99.9%-owned La Negra silver-lead-zinc-copper mine produced over 1 Moz of contained silver in 2011.