Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Arian Silver unveils further "encouraging" results from San Jose project

Arian Silver unveils further "encouraging" results from San Jose project

Mexico focused explorer Arian Silver Corp (LON:AGQ, CVE:AGQ) unveiled today further "encouraging" results from phase 4 drilling at its San Jose project.

The firm reported multiple high grade intercepts along the San Jose vein, including 6.97 metres with 259 grammes per tonne (g/t) silver and 2.59 metres with  270 g/t silver.

The firm said 36 holes have been drilled so far and among the latest results was also 2.59 metres at 230 g/t of the precious metal.

Arian Silver also reported that it had completed an IP geological survey on the western end of the vein.

The findings continued to support the potential for a large scale resource along the San Jose vein as shown by the first 24 holes announced in October last year, the company said.

Jim Williams, the firm's president and CEO, said: "These most recent drill results show continuity of vein thickness, silver mineralization and grade as we drill along the SJV.

"Now that the geophysical survey has been completed and indicates where the SJV has been displaced, we can now drill these new target areas as part of this current phase of drilling before completing the phase 4 programme.

"Once this current phase of drilling has finished we shall be working on an updated independent resource estimate, and we continue to believe the San Jose Project has considerable potential upside to offer."

In all, 40 drill holes are planned as part of the Phase 4 programme, for a total of 10,000 metres.

The IP survey was carried out in November and December last year, aimed at interpreting the displacement of the San Jose vein.

It consisted of seven parallel lines, 200 metres apart, for a total of 12.5 km and successfully identified these areas of vein displacements. These areas are now being drilled which will conclude the phase 4 drilling programme.

Giles_55af4ddca6481.jpg


Register here to be notified of future AGQ Company articles
View full AGQ profile View Profile

Arian Silver Corp Timeline

Related Articles

arizona_silver.png
April 19 2017
Rusty remnants are still visible at the site in La Paz County, which was active throughout the 1920s.
Azarga---inspecting-core.jpg
April 04 2017
Azarga's Unkur deposit is now advancing through exploration, and the early signs are good
endeavour_master_gg.png
April 11 2017
It expects output for the rest of the year to increase as it bids to bring two more mines in the country on stream

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use