Feb 2 2015
Arian Silver Corporation ("Arian Silver" or the "Company"), a silver exploration, development and production company focused on silver projects in the silver belt of Zacatecas, Mexico, is pleased to report to that it has started a 5,000 metre diamond drilling programme at its wholly-owned San José project.
The drilling program is targeted within the township of Guanajuatillo which is located on the San José Vein (SJV), and lies to the west of the eastern identified resource boundary at Soledad and east of the western identified resource boundary at 'West End' and Guanajuatillo, some 5 kilometres west of the main San José haulage ramp. Historic workings, together with recent geological interpretation, indicate that the SJV continues underneath the township of Guanajuatillo but the area has yet to be properly explored. Drilling has commenced with two drill rigs and is expected to be completed during this quarter. A schematic section illustrating this area can be found via the following link: www.ariansilver.com/s/Sanjose.asp#SanJoseVein.
In addition to commencing a drilling program at Guanajuatillo, Arian will also start a drilling programme to test the down dip extension of the epithermal vein system below the current resource blocks. Arian has recently acquired its own "termite" rig, which is a smaller drilling rig that can be mobilised from underground sites and hence reduces the exploration cost.
Furthermore, site preparations have commenced for the construction of a third haulage ramp in the Guanajuatillo area to develop the western boundary of the Soledad resource block and to open up the West Soledad and Guanajuatillo areas for future planned exploitation. This ramp is part of the mine development program to ensure a sustainable operation for life of mine at the full capacity of 1,500 tonnes per day.
Jim Williams, Chief Executive Officer of Arian Silver, commented:
"Receiving the permit to drill within the township of Guanajuatillo is a huge endorsement by the local community (ejido) for which we are very grateful. This is the only area of the San José Vein which has yet to be properly explored even though historic workings, together with our own geological modelling, indicate that the vein continues beneath the township. We believe that we will be able to delineate an additional silver-lead-zinc resource over a strike length of approximately 1km.
The San José Vein remains completely open at depth and we believe that by drilling these possible extensions with new contracted surface drilling, together with our own termite rig, we could significantly increase our resource base and thereby the mine life of our operation in a very cost effective manner.
The commencement of the planned third main haulage ramp at Guanajuatillo is ahead of schedule and this forms part of the detailed mine planning program to not only ensure a sustainable mining operation at maximum capacity for the life of mine operation but also to increase efficiency with heavy plant movements with increased ventilation and decreased underground haulage distance."
Source: http://www.ariansilver.com/