Press Releases

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/dfa53a/analysis_of_china) has announced the addition of the "Analysis of China Corn Seed Market 2009" report to their offering.

Seed shares a main part of agricultural planting cost and in the upper stream of agricultural products chain. The market competitive advantage of seed will determine the power of agricultural competitiveness. China is a large agricultural country. The amount of annual agricultural seeds is approximate 12.5 billion kg. In 2008, the total seed market capacity of hybrid corn, hybrid rice, vegetables, and cotton in 2008 was more than 30 billion yuan. Corn plays a vital role in China's food security system, it is an important fodder crop and also is a major raw material of the food, chemicals, fuel and medicine industries. Seed is the foundation in the development of corn industry chain. According to studies that corn seed plays the most active factor in the increase of maize production, accounting for 35.5% of the total contribution. The total market value of corn seed in China is between 10-11 billion yuan and has a great potential growth. But the Chinese corn seed marketability is relatively in a short time with competition disorder and a largely blindness of production and operation, and the relationship between supply and demand has been imbalanced for a long time. However, there are a few factors will affect the development of China corn seed industry, therefore, how to find a way to sort these matters out will be a challenge for China's corn industry.

In terms of the supply and demand of corn seed in the past years, China's corn seed has showed an oversupply situation. Because of the seed production area in 2006 increased to 4.9 million mu, which caused a serious over-supply of corn seeds, in 2007 the unsold corn seeds reached to 870 million Kg. The reduction of seed production area had been for two consecutive years in 2007 and 2008, which led to the situation of oversupply has been relaxed in 2009. According to the forecast of Hybrid Rice and Hybrid Corn Conference that seed production area in 2009 will be 3.4 million mu, increasing 13% than 2008, and the unsold seed is expected that will be 560 million kg, the supply of seed will be still in an over-supply situation.

In 2009, Chinese corn seed market shows a positive trend. First, the pressure of oversupply of corn seeds has relaxed obviously. According to the Chinese Agricultural Technology Promotion Center's forecast, due to the reduction of seed production area in 2008, a year-on-year reduction of 4.4 billion mu, the supply of seed in 2009 will be 1.63 billion kilograms, and the demand of seed will be approximately 1.1 billion kilograms in 2009, therefore, the stocks of seed will be 530 million kilograms (In 2008, it was 720 million kilograms), down 26.39% year-on-year; Secondly, the price of corn seed rose sharply year-on- year, according to Ministry of Agriculture's data that the price of hybrid corn seed rose between 5% - 20%, of which Xianyu335 and Zhengdan 958 rose over 20%; Finally, the policy of seed's subsidy has achieved full coverage, the payment of subsidies became cash instead.

In terms of the high elasticity of supply and low elasticity of demand of corn seed, it is expected that the over-supply situation of seed market will be normality. But when the market concentration is in a high level, the situation of oversupply will change. However, the current situation of Chinese seed market is relatively segmentation, marketization has just started, shortage of leading companies, therefore, in a short-term, it is difficult to expand market share sharply for any single enterprise and for companies to merger is also unlikely to happen, to raise the degree of market concentration is relatively difficulty, the over-supply of seed market will remain a long term.

When foreign companies enter the Chinese corn seed market, the lack of competitiveness of domestic enterprises, resulting in the direction of industrial development is in an uncertain future. The Chinese breeding system is in a high homogeneity, has not achieved fully commercial. Under the conditions of high homogeneous competition, the high technology does not bring such benefit for industry development; the industry service system has not built up, resulting in poor services to the farmers; Domestic seed production and processing systems is more and more difficult to meet the development requirements of industry; the level of industrial management is sometimes restricted the industry development.

Key Topics Covered:

1 Overview Chinese corn seed industry development

2 Supply and demand of corn seed

3 China Corn Market

4 Government policies and subsidies

5 Comparison of corn seed market between China and U.S

6 The core competitiveness of seed companies - high quality seed

7 Comparison among major companies

8 Analysis of China's corn seed industry

For more information visit http://www.researchandmarkets.com/research/dfa53a/analysis_of_china

    Source: Research and Markets

WASHINGTON, Dec. 1 /PRNewswire-USNewswire/ -- House Speaker Nancy Pelosi issued the following statement tonight after President Obama delivered remarks at West Point Military Academy on the Administration strategy in Afghanistan and Pakistan:

"President Obama inherited a deteriorating situation in Afghanistan because the Bush Administration did not have a plan to get the job done.

"Tonight, the President articulated a way out of this war with the mission of defeating Al Qaeda and preventing terrorists from using Afghanistan and Pakistan as safe havens to again launch attacks against the United States and our allies. The President has offered President Karzai a chance to prove that he is a reliable partner. The American people and the Congress will now have an opportunity to fully examine this strategy.

"Our troops in Afghanistan and around the world have performed excellently; they have done everything that has been asked of them. As always, we are grateful and respectful of the enormous sacrifices our men and women in uniform, and their families, have made."

SOURCE Office of the Speaker of the House

PITTSBURGH, Dec. 1 /PRNewswire-FirstCall/ -- EQT Corporation (NYSE: EQT) Chairman and CEO, Murry Gerber, is scheduled to present at the Wells Fargo Exploration & Production, Energy Services and Utility Symposium on Wednesday, December 9, 2009 at 1:00 p.m. ET. The presentation will be broadcast live on EQT's Web site (http://www.eqt.com) and will be available for replay for seven days. The slides for this presentation will be posted to EQT's Web site on December 3, 2009.

EQT Corporation is an integrated energy company with emphasis on Appalachian area natural gas production, gathering, processing, transmission and distribution. Additional information about the company can be obtained through the company's Web site, http://www.eqt.com. Investor information is available on EQT's Web site at http://ir.eqt.com. EQT uses its Web site as a channel of distribution of important information about the company, and routinely posts financial and other important information regarding the company and its financial condition and operations on the Investors Web pages.

EQT management speaks to investors from time to time. Slides for these discussions will be available online via EQT's Web site. The slides may be updated periodically.

SOURCE EQT Corporation (EQT-IR)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 1, 2009) - Aurcana Corporation ("Aurcana" or the "Company") (TSX VENTURE: AUN) is pleased to report its financial results for the period ended September 30, 2009. The summary of the selected financial information should be read in conjunction with the unaudited financial statements for the three and nine months ended June 30, 2009 and the related management's discussion and analysis dated November 27, 2009 together referred to as the "Financial Statements", which have been filed on Sedar (www.sedar.com) and the Company's website (www.aurcana.com). All figures are in Canadian dollars unless otherwise noted.

For the third quarter ended September 30, 2009, Aurcana commenced reporting 100% of the results of operations at the La Negra mine, less an 8% non-controlling interest. This is a direct result of the dilution of the former joint venture partner at the beginning of the quarter, and the assumption of direct operational control of the mine by the Company.

The Company posted consolidated net sales of $5.2 million, a profit from operations including corporate expenses of $0.4 million, and an overall profit of $2.3 million after the effects of a foreign exchange gain of $1.9 million. On a year to date basis, consolidated net sales were $12.6 million with a loss from operations of $0.7 million and overall earnings of $4.3 million after gains on foreign exchange and debt settlement. At the end of the third quarter the Company had cash and cash equivalents of $1.3 million.

LA NEGRA MINE

During the quarter, the Company continued to advance the operations of the La Negra mine, including the process of expanding the mill and flotation plant to a rate of 1,500 tons per day of production. A decision to initiate production from the Maravillas zone was also made. The zone will be mined by a Contractor, who is on site, preparing to commence work.

In spite of an extended 14 day down period in September, to repair the main ball mill motor, the results from the La Negra mine for the period were positive. Contributing factors were rising metal concentrate prices, positive foreign exchange rates, and management's continued efforts to contain costs:

---------------------------------------------------------------------------
                                                           9 months ended
                                       3 months ended        September 30,
La Negra Mine (100%)               September 30, 2009                2009
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Tonnes of ore Processed                        72,716             221,182
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Tonnes of payable Zinc metal sold                 358               1,092
---------------------------------------------------------------------------
 Pounds of Zinc                               789,247           2,407,423
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Tonnes of payable Copper metal
 sold                                             323               1,068
---------------------------------------------------------------------------
 Pounds of Copper                             712,086           2,354,513
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Ounces of payable Silver sold                 162,356             553,828
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Revenues                                   $5,228,565         $12,647,262
---------------------------------------------------------------------------
Earnings from Mining Operations            $1,433,685          $1,513,498
---------------------------------------------------------------------------
Income from Operations                       $466,232           $(728,465)
---------------------------------------------------------------------------
Net Income                                 $2,388,932          $4,346,646
---------------------------------------------------------------------------

The consolidated financial statements of the Company as of June 30, 2009 include only 80% of La Negra's results. Aurcana currently owns 92% of the La Negra mine, and commencing with this quarter reports 100% of the results of operations, less an 8% non-controlling interest.

SHAFTER SILVER MINE

Aurcana acquired 100% of the Shafter silver mine from Silver Standard Resources Inc. in July 2008. Shafter is located in Presidio County, southwest Texas and is fully accessible via paved highway from El Paso, Texas. Silver was mined in the region from 1883 until 1942, when the mine was closed by the War Act. Production during that period was 2.3 million tons of ore containing 35 million ounces of silver at an average grade of 15.24 ounces per ton.

On June 29, the Company announced the results of the pre-feasibility study. The highlights of the report were:

--  Payback of under 2 years based on a silver price of $13.55 per ounce;
--  An internal rate of return ("IRR") of 25% pre tax;
--  A pre tax net present value ("NPV") of $23 million at a 5% discount
    rate;
--  An initial estimated capital expenditure of under $40 million;
--  Silver production of 3.75 million ounces in year one and 4 million
    ounces in year two; and
--  An average total cost of $7.50 per ounce of silver produced in the first
    two years.

Mr. Sandy McVey P.Eng., M.Sc., PMP. has been appointed project manager for Shafter and is commencing with the detailed engineering on the project. Mr. McVey is also coordinating all of the permitting necessary for the mine start up. Mr. McVey has over 30 years experience working on mining operations and capital construction projects in North America, Africa and Europe, and has held positions of plant superintendent and mine manager for underground operations.

ROSARIO

During the second quarter, the Company announced entering into an agreement to sell the Rosario property for $250,000, one million shares of Silvermex Resources, and the assumption of all future property payments. Additional consideration $2.5 million and 1 million shares is to be paid in installments upon production or within 24 months. Subsequent to the third quarter end, the Company announced the completion of documentation. The sale of Rosario completed on November 30, 2009.

About Aurcana Corporation:

The Shafter silver mine, with a 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, is scheduled to start up production at 3.9 million ounces silver per year. The 92% owned La Negra silver-lead-zinc-copper mine in Queretaro State, Mexico, is working towards expanding operations to 1500 tonnes per day by spring of 2010. 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. Ron Nichols, P.Eng. a Director and Senior Vice President for Aurcana, and a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this release.

ON BEHALF OF THE BOARD OF DIRECTORS OF AURCANA CORPORATION

Lenic Rodriguez, President

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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this Release.

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

Source: Aurcana Corporation

VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 12/01/09 -- Aurcana Corporation ("Aurcana" or the "Company") (TSX VENTURE: AUN) is pleased to report its financial results for the period ended September 30, 2009. The summary of the selected financial information should be read in conjunction with the unaudited financial statements for the three and nine months ended June 30, 2009 and the related management's discussion and analysis dated November 27, 2009 together referred to as the "Financial Statements", which have been filed on Sedar (www.sedar.com) and the Company's website (www.aurcana.com). All figures are in Canadian dollars unless otherwise noted.

For the third quarter ended September 30, 2009, Aurcana commenced reporting 100% of the results of operations at the La Negra mine, less an 8% non-controlling interest. This is a direct result of the dilution of the former joint venture partner at the beginning of the quarter, and the assumption of direct operational control of the mine by the Company.

The Company posted consolidated net sales of $5.2 million, a profit from operations including corporate expenses of $0.4 million, and an overall profit of $2.3 million after the effects of a foreign exchange gain of $1.9 million. On a year to date basis, consolidated net sales were $12.6 million with a loss from operations of $0.7 million and overall earnings of $4.3 million after gains on foreign exchange and debt settlement. At the end of the third quarter the Company had cash and cash equivalents of $1.3 million.

LA NEGRA MINE

During the quarter, the Company continued to advance the operations of the La Negra mine, including the process of expanding the mill and flotation plant to a rate of 1,500 tons per day of production. A decision to initiate production from the Maravillas zone was also made. The zone will be mined by a Contractor, who is on site, preparing to commence work.

In spite of an extended 14 day down period in September, to repair the main ball mill motor, the results from the La Negra mine for the period were positive. Contributing factors were rising metal concentrate prices, positive foreign exchange rates, and management's continued efforts to contain costs:

---------------------------------------------------------------------------
                                                           9 months ended
                                       3 months ended        September 30,
La Negra Mine (100%)               September 30, 2009                2009
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Tonnes of ore Processed                        72,716             221,182
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Tonnes of payable Zinc metal sold                 358               1,092
---------------------------------------------------------------------------
 Pounds of Zinc                               789,247           2,407,423
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Tonnes of payable Copper metal
 sold                                             323               1,068
---------------------------------------------------------------------------
 Pounds of Copper                             712,086           2,354,513
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Ounces of payable Silver sold                 162,356             553,828
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Revenues                                   $5,228,565         $12,647,262
---------------------------------------------------------------------------
Earnings from Mining Operations            $1,433,685          $1,513,498
---------------------------------------------------------------------------
Income from Operations                       $466,232           $(728,465)
---------------------------------------------------------------------------
Net Income                                 $2,388,932          $4,346,646
---------------------------------------------------------------------------

The consolidated financial statements of the Company as of June 30, 2009 include only 80% of La Negra's results. Aurcana currently owns 92% of the La Negra mine, and commencing with this quarter reports 100% of the results of operations, less an 8% non-controlling interest.

SHAFTER SILVER MINE

Aurcana acquired 100% of the Shafter silver mine from Silver Standard Resources Inc. in July 2008. Shafter is located in Presidio County, southwest Texas and is fully accessible via paved highway from El Paso, Texas. Silver was mined in the region from 1883 until 1942, when the mine was closed by the War Act. Production during that period was 2.3 million tons of ore containing 35 million ounces of silver at an average grade of 15.24 ounces per ton.

On June 29, the Company announced the results of the pre-feasibility study. The highlights of the report were:

--  Payback of under 2 years based on a silver price of $13.55 per ounce;
--  An internal rate of return ("IRR") of 25% pre tax;
--  A pre tax net present value ("NPV") of $23 million at a 5% discount
    rate;
--  An initial estimated capital expenditure of under $40 million;
--  Silver production of 3.75 million ounces in year one and 4 million
    ounces in year two; and
--  An average total cost of $7.50 per ounce of silver produced in the first
    two years.

Mr. Sandy McVey P.Eng., M.Sc., PMP. has been appointed project manager for Shafter and is commencing with the detailed engineering on the project. Mr. McVey is also coordinating all of the permitting necessary for the mine start up. Mr. McVey has over 30 years experience working on mining operations and capital construction projects in North America, Africa and Europe, and has held positions of plant superintendent and mine manager for underground operations.

ROSARIO

During the second quarter, the Company announced entering into an agreement to sell the Rosario property for $250,000, one million shares of Silvermex Resources, and the assumption of all future property payments. Additional consideration $2.5 million and 1 million shares is to be paid in installments upon production or within 24 months. Subsequent to the third quarter end, the Company announced the completion of documentation. The sale of Rosario completed on November 30, 2009.

About Aurcana Corporation:

The Shafter silver mine, with a 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, is scheduled to start up production at 3.9 million ounces silver per year. The 92% owned La Negra silver-lead-zinc-copper mine in Queretaro State, Mexico, is working towards expanding operations to 1500 tonnes per day by spring of 2010. 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. Ron Nichols, P.Eng. a Director and Senior Vice President for Aurcana, and a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this release.

ON BEHALF OF THE BOARD OF DIRECTORS OF AURCANA CORPORATION

Lenic Rodriguez, President

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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this Release.

Contacts:
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