Arian Silver updates on San Jose

Arian Silver Corporation report further excellent results from its Phase-One drilling programme at its San Jose Property in Zacatecas State, Mexico. This 65-hole, 12,000 metre (m), programme was completed mid-March and has proved the continuation along strike of the San Jose Vein system between the Solidad and Santa Ana resource areas. The programme has also discovered several additional new veins within the San Jose Property.

The highlights from these latest results included:

- Drill-hole 07-030, was drilled to intersect the San Jose Vein 50m below surface. At a vertical depth of 45m it intersected a mineralised zone of 11.5m (estimated true width) wide containing multiple veining and brecciation, which contained a 2.2m wide zone with a grade of 644 grams per tonne (“g/t”), or 20.7 ounces per tonne (“opt”) silver (“Ag”) with minor base metals.

- Drill-hole 07-031, was drilled to define for the San Jose Vein 50m down-dip from hole 07-030. At approximately 85m vertical depth, this hole intersected 6.4m of vein-type mineralisation, which contained a zone with an estimated true thickness of 1.7m, which has a grade of 232 g/t (7.45 opt) Ag, 0.85% lead (“Pb”), and 1.65% zinc (“Zn”).

- Drill-hole 07-032, which intersected 5.8m (estimated true thickness) of vein with a grade of 509 g/t (16.4 opt) Ag, 0.86% Pb and 1.69% Zn. Within this interval is a banded and crystalline quartz vein that returned a grade of 1,058 g/t (34 opt) Ag, 0.65% Pb and 1.17% Zn over 2.1m. Hole 07-032 also intersected a second vein that graded 202 g/t (6.5 opt) Ag, 1.13% Pb and 1.74% Zn over 2.15m. This vein is located in the footwall of the San Jose vein.

- A completely new vein system (the “San Gerado Vein” system) was discovered 300m to the north of the main San Jose Vein system. Drill-hole 07-039 intersected a banded quartz vein that returned a grade of 272 g/t (8.7 opt) Ag, 0.1% Pb and 0.44% Zn over 2.4m (core length).

- Drill-hole 07-043, which intersected 41.75m (core length) of stockwork-type mineralisation, which returned a grade of 186 g/t (6.0 opt) Ag, 0.1% Pb and 0.44% Zn. Within this interval are two banded crystalline quartz veins, the San Jose Hanging Wall (“SJHW”) Veins 1 and 2. SJHW Vein 1 grades 285 g/t (9.2 opt) Ag, 0.1% Pb and 0.58% Zn over 1.4m (core length). SJHW Vein 2 grades 399 g/t (12.8 opt) Ag, 0.23% Pb and 0.68% Zn over 2.85m (core length). Both of these mineralised intercepts are located within 50m of the existing San Jose Mine workings.

- Drill-hole 07-044 was drilled to intersect the westward continuation of the veins intersected by drill-hole 07-043. This hole intersected a banded quartz vein that returned a grade of 239 g/t (7.7 opt) Ag, 0.12% Pb and 0.46% Zn over 3.65m (core length). This intercept is thought to be the continuation of the SJHW Vein 1 along strike.