Agreement to Acquire Company-Owned Processing Plant

Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(FRANKFURT:I3A), a silver exploration, development and
production company with a focus on projects in the Zacatecas silver belt of
Mexico, today announces that it has signed a provisional agreement with Sandy
Hill Ltd, a company incorporated in the British Virgin Islands, to acquire a
processing plant currently located close to Zacatecas City, with a capacity to
treat up to 1,500 tonnes per day of silver-lead-zinc ore ("EL Bote Mill").


Arian's CEO Jim Williams commented today, "I am very pleased to announce this
important step forward towards achieving our stated intention of becoming a more
significant silver producer from our San Jose project. We have already
demonstrated that we have the silver, lead and zinc resources to support an
expanded operation at San Jose and acquisition of this larger processing plant
can only accelerate this aim. On acquisition, the EL Bote Mill would be
reassembled in modular fashion on-site at San Jose which will allow us to
synchronise plant construction with increased mine capacity. I have commented
previously on the obvious operating efficiencies and increased revenue potential
from operating a Company-owned processing plant on site at San Jose and I am
confident that our due diligence on the El Bote Mill will confirm this".


Arian will pay an initial $100,000 to secure a 120 day due diligence period to
confirm the El Bote Mill, which has a past history of treating run of mine ore
from Arian's San Jose project, is still suitable.


The final purchase price for the El Bote Mill has been agreed at $3.12 million
subject to the satisfactory results of Arian's further due diligence. This
amount is well within the Company's current financing capabilities.


Upon completion of the purchase, the plant would be disassembled and relocated
to an already permitted 24 hectare site on the eastern side of the San Jose
Property. A contiguous 6 hectare plot is designated for the associated tailings
dam and permitting for this is advancing and expected to be granted shortly.


Meanwhile, as previously reported Arian has commenced production at the Juan
Reyes toll mill in Zacatecas and initial operating results will be highlighted
in Arian's Q1 results.


The foregoing release contains forward-looking statements that can be identified
by terminology such as "will," "would," "expected," "potential," "would be," or
similar expressions, regarding discussions relating to the fundraising and due
diligence programmes. Such forward-looking statements reflect the current views
of management regarding future events, and involve known and unknown risks,
uncertainties and other factors that may cause the outcome of events to be
materially different from management's current expectations. There can be no
guarantee of the outcome of either the fundraising or the due diligence
programmes. Arian will make additional releases in respect of the foregoing, but
does not undertake to update any forward-looking statements in this document
should one or more of these risks or uncertainties materialise, or should
underlying assumptions prove incorrect, or actual results may vary materially
from those anticipated, believed, estimated or expected. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Arian Silver Corporation
Jim Williams
CEO
(London) [phone]
[e-mail]


Arian Silver Corporation
David Taylor
Company Secretary
(London) [phone]
[e-mail]


Grant Thornton Corporate Finance
Gerry Beaney / David Hignell
(London) [phone]
[e-mail]


Yellow Jersey PR Limited
Dominic Barretto
(London) [phone]
[e-mail]


XCAP Securities PLC
Jon Belliss
(London) [phone]
[e-mail]


CHF Investor Relations
Juliet Heading
(Canada) [phone] x 239
[e-mail]