Arian Silver Corp Pánfilo Natera Exploration Update

 
TIDMAGQ 
 
Trading Symbols 
                                                                       AIM: AGQ 
                                                                       FWB: I3A 
 
24 February 2017 
 
                       Pánfilo Natera Exploration Update 
 
Arian Silver Corporation ("Arian Silver" or the "Company") is pleased to 
publish its latest set of results from the surface mapping and sampling 
programme at its wholly owned La Africana project, as first announced on 23 
January 2017. 
 
Grab Sample ID              Au              Ag              Pb              Zn 
                           g/t             g/t               %               % 
 
N299601                  0.044             196            0.08            0.12 
 
N299602                  0.044             315            0.15            0.14 
 
N299603                  0.034             842            0.52            0.53 
 
N299604                   0.01            78.1            0.17            0.16 
 
N299605                  0.038             370            0.18            0.20 
 
N299606                  0.046             612            0.06            0.09 
 
N299607                  0.043             358            0.13            0.17 
 
N299608                  0.016            8.55            0.00            0.00 
 
N299609                 <0.005            1.42            0.00            0.00 
 
N299610                  0.158              31            1.99            0.01 
 
N299611                  0.065             281            4.87            0.47 
 
These assay results support the findings reported in our press release of 23 
January 2017, that the Africana vein contains significant zones of high-grade 
silver mineralisation over respectable widths. The Company's geologists will 
use this data to prioritise projects for potential development and to help 
identify optimum areas for future drilling with a view to delineating a 
compliant mineral resource. 
 
The La Africana project is a "brownfield" site comprising the small-scale and 
past-producing Africana Mine, situated within Pánfilo Natera which is an 
emerging mining district known to host several large silver and base metal 
deposits, approximately 50 kilometres south of the State capital, Zacatecas. 
 
Arian Silver also reports that, further to the Company's press release dated 19 
December 2016 regarding the Company's exclusivity agreement with Tierra Nuevo 
Mining Limited ("TNM") over the Noche Buena gold and silver tailings project in 
Mexico, the period of exclusivity has been extended by a further 60 days to 26 
April 2017 at no additional cost whilst the final results of the metallurgical 
testwork are awaited and evaluated. 
 
Jim Williams, Chief Executive Officer of Arian Silver commented: "We remain 
excited by the prospects of our existing portfolio of silver projects in Mexico 
and are committed to assessing the viability of their development. We are also 
keen to reach a definitive conclusion on the advancement of the Noche Buena 
tailings project as soon as possible once we have received the final test 
results. Meanwhile, we are working to identify new opportunities which we 
believe would add shareholder value, and we shall report on further progress in 
due course." 
 
Arian Silver owns mineral concessions over approximately 1,500 hectares in the 
heart of the Zacatecas mining district, which includes the Company's 
wholly-owned San Celso project. 
 
This announcement contains inside information for the purposes of Article 7 of 
Regulation (EU) 596/2014. 
 
For further information please contact: 
 
Arian Silver Corporation              Northland Capital Partners Limited 
Jim Williams, CEO                     Gerry Beaney / David Hignell 
David Taylor, Company Secretary       Tel: [phone] 
Tel: [phone] 
 
                                      OR 
OR 
 
Beaufort Securities Limited           Yellow Jersey PR Limited 
Jon Belliss                           Charles Goodwin / Harriet Jackson 
Tel: [phone]              Tel: [phone] 
 
Forward Looking Statement 
 
This press release contains certain "forward-looking information". All 
statements, other than statements of historical fact that address activities, 
events or developments that the Company believes, expects or anticipates will 
or may occur in the future are deemed forward-looking information. 
 
This forward-looking information reflects the current expectations or beliefs 
of the Company based on information currently available to the Company as well 
as certain assumptions. Forward-looking information is subject to a number of 
significant risks and uncertainties and other factors that may cause the actual 
results of the Company to differ materially from those discussed in the 
forward-looking information, and even if such actual results are realised or 
substantially realised, there can be no assurance that they will have the 
expected consequences to, or effects on the Company. 
 
Any forward-looking information speaks only as of the date on which it is made 
and, except as may be required by applicable securities laws, the Company 
disclaims any intent or obligation to update any forward-looking information, 
whether as a result of new information, future events or results or otherwise. 
Although the Company believes that the assumptions inherent in the 
forward-looking information are reasonable, forward-looking information is not 
a guarantee of future performance and accordingly undue reliance should not be 
put on such information due to the inherent uncertainty therein. 
 
 
 
END 
 

(END) Dow Jones Newswires

February 24, 2017 05:00 ET (10:00 GMT)