FOR: ARIAN SILVER CORPORATION
TSX VENTURE, AIM SYMBOL: AGQ
FRANKFURT SYMBOL: I3A
May 17, 2013
Arian Silver to File Technical Report
LONDON, ENGLAND--(Marketwired - May 17, 2013) - Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(FRANKFURT:I3A) announces its intention to file a technical report including a summary of
operational details and economic factors.
The British Columbia Securities Commission (the "Commission") has reviewed the Company's independent technical report,
compiled by CSA Global Limited ("CSA") and dated 23 April 2012 (the "2012 Report"), which was published for the primary
purpose of updating investors with the results of the 10,000 metre phase 4 drilling programme at Arian's San Jose
property.
The Commission's review of the 2012 Report identified areas of non-compliance with the Canadian standards of disclosure for
mineral projects, ("NI 43-101"). The updated technical report will address these points and will be filed on SEDAR
shortly.
The areas of disclosure do not impact the Company's estimated mineral resources or any quarterly production or financial
results previously reported.
As the Company's independent 2009 preliminary economic assessment report ("PEA") was not current at April 2012, but was cross-
referenced in the technical report, the document is deemed not to comply with the requirements of NI 43-101; the updated
economic analysis will correct this.
When the PEA was published in 2009, Arian had not commenced either contract mining or toll milling. The Company's trial mining
and milling operations since then, together with internal metallurgical test-works, the upgraded mineral resource
estimate, and mine development work, enable the economic assessment to be updated with more refined figures.
A further announcement will be made when the technical report is filed.
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Showing posts with label Technical Report. Show all posts
Showing posts with label Technical Report. Show all posts
Tuesday, 21 May 2013
Arian Silver to File Technical Report
Monday, 30 April 2012
ARIAN SILVER CORPORATION Files San Jose Technical Report Update
TIDMAGQ
Arian Silver Files San Jose Technical Report Update
FOR: ARIAN SILVER CORPORATION
TSX VENTURE, AIM, PLUS SYMBOL: AGQ
FRANKFURT SYMBOL: I3A
April 25, 2012
Arian Silver Files San Jose Technical Report Update
LONDON, ENGLAND--(Marketwire - April 25, 2012) - Arian Silver Corporation ("Arian" or the "Company") (TSX VENTURE:AGQ)
(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a focus on projects
in the silver belt of Mexico, today announced the release of a Mineral Resource Report dated 23 April 2012 and
entitled "Arian Silver Corporation, Resource Estimate 43-101 Technical Report, San Jose Project, Zacatecas, Mexico"
prepared by CSA Global (UK) Limited (the "2012 Technical Report") relating to the updated mineral resource estimates
contained in Arian's press release dated 12 March 2012 entitled "Arian Silver Increases Contained Silver at San Jose
by 32% to More Than 117 Million Ounces in Updated Mineral Resource Estimate".
The 2012 Technical Report has been filed on SEDAR and can be found by visiting the Company's publicly available
records at www.sedar.com or on Arian's website at www.ariansilver.com.
About the Company
Arian is a silver exploration and development company and is listed on London's AIM; trades on London's "PLUS" market;
is listed on Toronto's TSX Venture Exchange and on the Frankfurt Stock Exchange. Arian is active in Mexico, the
world's largest silver producing country. The Company's main project is the San Jose project in Zacatecas State. Part
of Arian's forward-looking strategy lies in the envisaged use of large scale mechanized mining techniques over wider
mineralized structures, which reduces the overall unit operating cost of metals, and to build up NI 43-101 compliant
resources.
Qualified Person
The "Qualified Persons" (as such term is defined in Canadian National Instrument 43-101) who supervised the
preparation of the SJ Technical Report, are Mr Galen White, who is an employee and Principal Consultant of independent
consultants CSA Global (UK) Limited, and Mr Martin King, who is a Geological Consultant to CSA Global (UK) Limited.
Messrs White and King have reviewed, verified and approved the contents of this release.
Mr. Jim Williams, Eur Ing, Eur Geol, BSc, MSc, D.I.C., FIMMM, the Chief Executive Officer of Arian, is a "Qualified
Person" as defined in the AIM guidelines of the London Stock Exchange, and a "Qualified Person" as such term is
defined in Canadian National Instrument 43-101 ("NI 43-101"). This press release has been prepared under Mr. Williams'
supervision.
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FOR FURTHER INFORMATION PLEASE CONTACT:
Arian Silver Corporation
Berkeley Square House
Berkeley Square
London
W1J 6BD
England
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