Arian Silver upbeat after high-grade results at San Celso

Arian Silver Corporation announced high-grade silver results from the recently completed surface sampling and geological mapping of its wholly-owned San Celso project located in central Zacatecas State, Mexico on Monday.

The AIM-traded firm said the results demonstrate that San Celso contains several largely unexploited high-grade veins and include promising lead and zinc grades.

It said the preliminary geochemical exploration work at San Celso suggests the silver-lead-zinc mineralisation is indicative of a low sulphidation epithermal system, and initial observations of the vein systems at San Celso indicate similarities to the company’s previously owned and nearby San José mine where historic mining exploited the vein down to approximately 300 metres.

At San Celso, historic mining terminated at the water table - approximately 90 metres - and the company said it believes there is considerable depth potential to both the San Celso and Las Cristinitas veins.

The San Celso project is located in the Pánfilo Natera-Ojocaliente mining district, an emerging district in Mexico which already has defined resources exceeding 100 million ounces of silver.

Arian said historical exploration and subsequent reports indicate the presence of five major vein systems that have been previously exploited in parts during colonial times but none of which appear to have been systematically drilled to define a compliant resource.

“We continue to systematically explore our exploration projects, all of which are located in central Zacatecas State,” said CEO Jim Williams.

“Our initial surface sampling and mapping programme has now been completed on our San Celso project and has resulted in the surface extension of the San Celso and Las Cristinitas veins by over 800 metres.

“Over the coming months, we shall be focussing on further evaluation of San Celso and nearby mining concessions with the intention of identifying additional areas of mineralisation.”