Arian Silver Corp San Celso Exploration Update
January 09 2017 - 1:00AM
UK Regulatory
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: +44 (0)203 861 6625
Tel: +44 (0)20 7887 6599
OR
OR
Beaufort Securities Limited Yellow Jersey PR Limited
Jon Belliss Charles Goodwin / Dominic Barretto
Tel: +44 (0)20 7382 8300 Tel: +44 (0)7786 074 466
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
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