Arian Silver Corporation

Arian Silver Corporation

June 23, 2010 08:56 ET

Arian Silver-AGM Result and Statement

LONDON, ENGLAND--(Marketwire - June 23, 2010) - Arian Silver Corporation ("Arian Silver" or the "Company") (TSX VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A) a silver exploration and development company with a focus on projects in the silver belt of Mexico, announces that all the resolutions proposed at the Annual General Meeting ("AGM") held earlier today were duly approved by shareholders.

Commenting at today's AGM, Jim Williams, President and CEO stated: "In the last 12 months Arian Silver has achieved significant progress both from an operational aspect as well in terms of enhancing the overall valuation of the Company. We are excited that our key 100% owned San Jose property is ready to commence silver production, pending finalization of the milling contract. We are fully permitted, infrastructural upgrades are complete, mining contract agreed and transportation of ore arranged.

"Once in production it is envisaged a large part of the revenue will be used to fund further exploration, including drilling, on the remaining strike length of the San Jose Vein within our concession boundaries.

"I'd like to personally thank all shareholders and staff for their continued support, and look to the future of your Company with confidence."

About the Company

Arian Silver Corporation 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 Silver is active in Mexico, the world's second largest silver producing country. The Company's main projects are the Calicanto and San Jose projects in Zacatecas State and the Tepal project in Michoacan State. The Tepal project is currently subject to an exclusive purchase option to Geologix Explorations Inc. Part of Arian Silver'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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) and no stock exchange, securities commission or other regulatory authority accepts responsibility for the adequacy or accuracy of this release nor approved or disapproved of the information contained herein.

Contact Information

  • Arian Silver Corporation
    Carlyle House
    235-237 Vauxhall Bridge Road
    London SW1V 1EJ
    Arian Silver Corporation
    Jim Williams
    (London) +44 (0)20 7963 8670
    Arian Silver Corporation
    Graham Potts
    CFO & Corporate Secretary
    (London) +44 (0)20 7963 8670
    Grant Thornton Corporate Finance
    Gerry Beaney
    (London) +44 (0)20 7383 5100
    Yellow Jersey PR Limited
    Dominic Barretto
    (London) +44 (0)20 8980 3545
    CHF Investor Relations
    Alison Tullis
    (Canada) +1 416 868 1079 Ext. 233