Arian Silver Corp San Celso Exploration Update

 
TIDMAGQ 
 
ARIAN SILVER 
 
                                                                Trading Symbols 
 
                                                                       AIM: AGQ 
 
                                                                       FWB: I3A 
 
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     Au (g/t)      Ag (g/t)      Pb (ppm)      Zn (ppm) 
               (m) 
 
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 Pánfilo 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 Company's previously owned and nearby San José mine where 
historic mining exploited the San José 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: 
 
www.ariansilver.com/assets/img/170109SanCelsoSampling.jpg 
 
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. 
 
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." 
 
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 / Dominic Barretto 
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

January 09, 2017 02:00 ET (07:00 GMT)