Arian Silver Corporation

Arian Silver Corporation

July 16, 2012 02:00 ET

Arian Silver Corporation: Operations Update

LONDON, ENGLAND--(Marketwire - July 16, 2012) - Arian Silver Corporation (the "Company") (TSX VENTURE:AGQ)(AIM:AGQ)(FRANKFURT:I3A) a silver exploration, development and production company with a focus of projects in the silver belt of Mexico, announces its wholly owned subsidiary, Arian Silver de Mexico SA de CV is in dispute with the owner of the toll mill which is contracted to process ore from the trial mining operation at the San José mine in Zacatecas State in Mexico; this has resulted in the suspension of milling operations. Detailed discussions to resolve the dispute are under way.

As previously announced, the toll milling operation is only designed to be a pilot operation to test the potential for a larger scale commercial operation.

As reported in February 2012 the Company has engaged an independent metallurgical and mill consultant to conduct a study for a bespoke milling plant for the San José project. This study is evaluating, amongst other things, the viability of such a plant for future mining operations and is expected to significantly increase efficiencies, including recoveries, of silver, lead and zinc at a significantly reduced cost. The results of this study are expected to be received within the current reporting quarter.

Further announcements will be made in due course.

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.

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