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Pin to quick picksAlien Metals Regulatory News (UFO)

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Achieves First Concentrate Production at San José

30 Mar 2015 08:00

Arian Silver Corporation - Achieves First Concentrate Production at San José

Arian Silver Corporation - Achieves First Concentrate Production at San José

PR Newswire

London, March 27

Trading Symbols AIM: AGQ TSX-V: AGQ FWB: I3A 30 March 2015 Arian Silver Achieves First Concentrate Production at San José Arian Silver Corporation ("Arian Silver" or the "Company"), (AIM:AGQ, TSXV:AGQ),a silver exploration, development and mining company focused on silver projectsin the silver belt of Zacatecas, Mexico, is pleased to report that firstconcentrate production has been achieved at its wholly-owned San José project. The Company has produced its first silver-lead concentrate from its recentlyconstructed processing plant and hasstarted the commissioningof the zincflotation circuit. The Company anticipates first zinc concentrate productionearly in the second quarter of 2015. It is anticipated that the throughput of the plant will be increased over thecoming months until the maximum throughput of 1,500 tonnes per day isachieved. Jim Williams, Chief Executive Officer of Arian Silver, commented: "Our team has done a tremendous job in bringing this operation into productionsafely within a very short time period. I would like to take this opportunityto thank our staff in Mexico and London for their hard work and dedication inachieving this important milestone. I would also like to thank ourshareholders for their continued support during this transitional period forthe Company. We have successfully optimized the crushing circuit to produce a smaller thanexpected particle size which will be more beneficial during the millingstage.We have also commenced commissioning of the zinc circuit and expect toproduce our first zinc concentrate early inthe second quarter. Achieving first concentrate production is a major milestone for our Companyand marks the transition to a new silver mining company." - End- For further information please contact: Arian Silver Corporation Northland Capital Partners LimitedJim Williams, CEO Gerry Beaney / John HowesDavid Taylor, Company Secretary (London) +44 (0)20 7382 1100Fuad Sillem, Head of Corporate Development(London) +44 (0)20 7887 6599fsillem@ariansilver.com OR OR Grant Thornton UK LLP Yellow Jersey PR LimitedPhilip Secrett /Richard Tonthat /Ed Thomas Dominic Barretto(London) +44 (0)20 7383 5100 (London) +44 (0)7768537739philip.j.secrett@uk.gt.com dominic@yellowjerseypr.com Forward-Looking Information This press release contains certain "forward-looking information". Allstatements, other than statements of historical fact that address activities,events or developments that the Company believes, expects or anticipates willor may occur in the future. This forward-looking information reflects thecurrent expectations or beliefs of the Company based on information currentlyavailable to the Company as well as certain assumptions. Forward-lookinginformation is subject to a number of significant risks and uncertainties andother factors that may cause the actual results of the Company to differmaterially from those discussed in the forward-looking information, and evenif such actual results are realized or substantially realized, there can be noassurance that they will have the expected consequences to, or effects on theCompany. Factors that could cause actual results or events to differmaterially from current expectations include, but are not limited to,unexpected issues arising during the commissioning process or delays incompleting the zinc circuit. Any forward-looking information speaks only as of the date on which it is madeand, except as may be required by applicable securities laws, the Companydisclaims 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 theforward-looking information are reasonable, forward-looking information is nota guarantee of future performance and accordingly undue reliance should not beput on such information due to the inherent uncertainty therein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as thatterm is defined in the policies of the TSX Venture Exchange) and no stockexchange, securities commission or other regulatory authority acceptsresponsibility for the adequacy or accuracy of this release nor approved ordisapproved of the information contained herein.
Date   Source Headline
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7th Sep 20219:00 amRNSExercise of Options and Issue of Equity
24th Aug 20217:00 amRNSPreparations begin for Phase 3 Hancock drilling

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