Arian Silver Corporation - San Celso Exploration Update

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 (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 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 Jim Williams, CEO David Taylor, Company Secretary Tel: [phone]	Northland Capital Partners Limited Gerry Beaney / David Hignell Tel: [phone]
OR	OR
Beaufort Securities Limited Jon Belliss Tel: [phone]	Yellow Jersey PR Limited Charles Goodwin / Dominic Barretto 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.

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