|Arian Silver Corporation
||COM SHS NPV (DI)
||EPS - Basic
||Market Cap (m)
Arian Silver Share Discussion Threads
Showing 44501 to 44523 of 44525 messages
|Because some of us have been along this road with Jim before. My original purchase in Arian was at 7p and I watched it rise all the way to 40p. Fortunately I saw the writing on the wall when he sold most of his shares and I did like wise. I still hold a rump which is why I look in now and again but I am not holding my breath looking for 40p again.|
|Muted response to the news here.|
|just need one nice,chunky buy trade and this will pop..anyone got a spare 10k?|
|has anyone heard a rumour that arian might buy red leopard or reverse takeover?|
|I would not trust this shower to run a bath after the last FIASCO!!|
|They will need millions to drill and prove up a Jorc on their residual concession so shareholders will likely be heavily diluted ( again) to fund this. They need silver to take off again to achieve some blue sky hope value in a frothy share price.|
|big oak trees grow from acorns but this baby will grow much,much faster...get in now or regret forever!|
|And must add Williams is a plonker too|
|Temm- response to your earlier post. there is a good reason this is at 1m market cap. They lost their crown jewels San Jose. Was seized from them to settle debt.Right now agq is like a new company starting fresh very different from agq of 2011.|
San Celso Exploration Update
9 January 2017
San Celso Exploration Update
Arian Silver Corporation (Arian Silver or the Company) is pleased to announce high-grade silver results from the recently completed surface sampling and geological mapping of its wholly-owned San Celso project located in central Zacatecas State, Mexico.
These results demonstrate that San Celso contains several largely unexploited high-grade veins and include promising lead and zinc grades.
Sample ID True width (m) Au (g/t) Ag (g/t) Pb (ppm) Zn (ppm)
37551 1.2 0.037 20.1 670 255
37552 0.95 0.018 2.5 334 408
37553 1.8 0.435 146 1950 8000
37554 1.05 0.059 395.9 1140 3460
SC-S1 0.75 0.007 18.5 319 520
SC-S2 0.55 - 28.6 314 760
SC-S4 0.95 0.159 81 13700 6200
SC-S7 1.2 0.608 21.4 10100 6400
SCD001 Grab Sample 0.064 179 890 3830
SCD002 1.1 0.032 116 660 3680
SCD003 0.8 0.007 22.4 276 1880
SCD004 0.75 0.165 87 1350 8200
SCD005 0.8 0.097 99 1100 13900
SCD006 2.2 0.037 286 1770 6300
SCD007 Grab Sample 0.013 30.4 450 7300
SCD008 Grab Sample 0.093 78 1040 10700
SCD009 0.95 0.052 350.5 1440 5000
SCD010 0.45 0.088 346.9 2160 6600
SCD011 1.15 0.132 253.9 3460 7000
SCD012 Grab Sample 0.053 68 1660 2420
SCD013 Grab Sample 0.077 111 1170 7200
SCD014 Grab Sample 0.098 61 1040 4500
The San Celso project is located in the P�nfilo Natera-Ojocaliente mining district, an emerging district in this part of Mexico which already has defined resources exceeding 100 million ounces of silver. Historical exploration and subsequent reports indicate the presence of five major vein systems that have been previously exploited in parts during colonial times but none of which appear to have been systematically drilled to define a compliant resource.
The preliminary geochemical exploration work at San Celso suggests the silver-lead-zinc mineralisation is indicative of a low sulphidation epithermal system, and initial observations of the vein systems at San Celso indicate similarities to the Companys previously owned and nearby San Jos� mine where historic mining exploited the San Jos� vein down to approximately 300 metres. At San Celso, historic mining terminated at the water table (approximately 90 metres) and the Company believes there is considerable depth potential to both the San Celso and Las Cristinitas veins.
A schematic map of the area showing the various identified veins is illustrated at:
Arian Silver owns mineral concessions over approximately 1,500 hectares in the heart of the Zacatecas mining district, which includes the Companys wholly-owned San Celso project.
Jim Williams, Chief Executive Officer of Arian commented: We continue to systematically explore our exploration projects, all of which are located in central Zacatecas State. Our initial surface sampling and mapping programme has now been completed on our San Celso project and has resulted in the surface extension of the San Celso and Las Cristinitas veins by over 800 metres. Over the coming months, we shall be focussing on further evaluation of San Celso and nearby mining concessions with the intention of identifying additional areas of mineralisation.|
|managed to get 0.6..just ticked up|
|How much isWilliams taking out in salary for his expertise:-)
Is this one terminal?|
|Not too much of a plonker with his own money though!!. He took a wad of money out close to top. Wish I had done the same when he did.|
|Williams has to be just about the worst of a bad lot of managers in AIM companies . A complete and utter plonker|
|Jim Williams, Arian's Chief Executive Officer, is a minority shareholder of TNM
and is therefore precluded from voting on any matter relating to any potential
transaction with TNM, including the execution of the MOU.|
|Ha same here!|
|nah mate ,buy and hold for 5-10 years..probably why i dont get rich|
|Ah phew. Had you down as a pump and dumper for a minute!|
|$1840 per ounce?!! Where did you get that, frankly unbelievable, prediction from?!|
|100m ounces at $18.40 per ounce= in billions???|
|from RNS a few months back
The Company is engaged in preliminary discussions with a view to acquiring advanced stage exploration projects. One such asset is located in the Southern part of the USA and has been extensively drilled in the past; it has a non-compliant mineral resource reported to have been in excess of 100 million ounces of silver, and it is expected that the historical data held would allow a new drill programme to rapidly delineate a compliant resource with a view to near-term production.
100 million ounces!!!!!|
|ok up to speed now with what happened..at least Arian are debt free now so fresh start.
Arian Silver Corp is a precious metals miner focused on Mexico.....
Arian Silver Corp (LON:AGQ) has it all to play for in 2016 as it starts the journey to rebuild itself in the precious metals space after losing its flagship Mexico mine project.
The firm is now debt free and has cash in the bank as it considers options for its remaining assets and carries out due diligence on an exciting option deal, also in Mexico, which includes a former mine, and which could lead to small scale, low cost production.
It all comes as the price of gold firms, while silver has been on a tear since the beginning of the year, adding 23% since January. The fundamentals of the metal look good, not least as the gold-to silver ratio hit 83 last month - the highest level since the meltdown of 2008.
The way to losing San Jose....
After a long and arduous road in the first place to get its flagship San Jose silver project up and running and after many processing plant issues, the wheels started to come off after a deal to extend a loan with US group Quintana, with whom Arian already had a financing deal, was terminated in October last year.
To cut a long story short, Arian settled all debts with Quintana by handing over San Jose silver mine, after the latter exercised foreclosure right.
These liabilities included US$17.8mln debt and US$15.2mln in a metal arrangement, which Arian was released from, and Quintana paid US$750,00O to Arian to make the unwinding process smoother.
Talking to Proactive, Jim Williams, chief executive, has put the San Jose loss down to metals prices and said it had needed US$22 an ounce silver to work, which just wasn't possible. "I wasn't happy at the time (to hand over the project) but I now realise it could have been far worse than the way it turned out," he said.
Silver is now at around US$17 per ounce.
So what assets are left...?
Arian has retained its key Calicanto project along with 1,600 hectares of mining concessions.
Calicanto lies a 15 minute drive from Zacatecas city and consists of seven contiguous concessions over 75 hectares, with excellent road access and sources of electricity. The site consists also of the San Celso and Los Campos concessions.
There are five distinct geological veins, which exhibit the characteristics of a classic epithermal silver system.
Elsewhere and significantly, in February this year, Arian signed a an MoU with private company TNM over its mining portfolio, which includes the former Noche Buena mine and associated tailings, giving Arian 90 days' due diligence. These project are gold with silver and base metals (lead and zinc) as bi-products and no fees are payable by Arian.
The firm has just raised £700,000 in a placing to further advance exploration and to help it advance the TNM option.
The projects have a good postcode, Noche Buena is partly alongside Toronto-listed producer Goldcorp's Penasquito site, which is projected to produce up to 580,000 ounces of the yellow metal in 2016.
The Noche Buena tailings already have a NI 43-101 compliant resource of one million tonnes containing 3 g/t gold, 55 g/t silver, and 0.8% zinc and Williams has suggested this could lead to a simple , low cost small leaching operation. Mining stopped in 1993 due to low metals prices and technology advancements now mean exploiting such tailings better is possible, he added.
The TNM deal, suggested Williams, sets the foundation in place for further news flow from Arian this year, as a deal on only one of the private firm's projects would be a significant advancement for the firm.|
|magnus9 ,no i dont know if arian has been picked but no doubt it will if it hasnt already.I 've only just stumbled across this share so dont know anything about the quintana thing but thanks will look into it.|