September 05, 2007 16:58 ET

eResearch Increases Target Price to $0.65 in Update Report for Arian Silver Corporation

TORONTO, ONTARIO--(Marketwire - Sept. 5, 2007) - eResearch analysts, Adrian Manlagnit, B.Sc. (Mining Engineering) and Bob Weir, B.Sc., B.Comm., CFA, have written an Update Report on Arian Silver Corporation (TSX VENTURE:AGQ). Arian Silver Corporation is a London-based junior exploration company which owns or has options to own interests on properties with strong precious and base metal potential in Mexico.

In the report, the Analysts state, "With success comes recognition! The results that Arian Silver announced recently at its San Jose (silver/base metals), Tepal (gold), and Calicanto (gold/silver) properties indicate that management is well focused on its exploration efforts. We expect further success and, as a result, are significantly increasing our share price objective."

Highlights from the report are as follows:

- 12-month Target Price has been raised to $0.65 per share from $0.50 per share in our Initiating Report of November 29, 2006

- Recent exploration has confirmed historical gold-silver grades, vein thickness and has expanded mineralization which may yield additional tonnage

- In addition to silver, high lead-zinc-copper grades indicate possibility of defining a base metal resource

- Wider vein systems have potential for future low-cost, bulk mining methods

- Key projects are 'brown field' sites (previously mined and explored) with existing infrastructure located in known mineral districts and geology in Mexico

This Press Release was prepared by eResearch and was not vetted by Arian Silver Corporation. Further, the Recommendation and Target Price contained in this report are strictly those of eResearch and, due to securities laws, are not endorsed by Arian Silver Corporation.

eResearch, which prepared this Press Release, is Canada's primary source for independent, quality, investment research, focused primarily on small- and mid-cap companies. Our research and analysis is of institutional quality, and has the potential of reaching millions of global investors through our extensive electronic distribution network. eResearch does not engage in retail or institutional sales, trading, or corporate finance activities, nor does it conduct investment banking or investor relations services for the companies covered. Our sole business is providing quality, unbiased research.

Arian Silver Corporation paid eResearch a fee of C$17,500 + GST to conduct research on the Company, with Annual Continuous Coverage.

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