Arian Silver PLC (LON:ACQ) has seen more encouraging sample grades, this time from the surface, at the La Africana project in Pánfilo Natera, Mexico.
The best samples contained 842 and 612 g/t of silver, but Jim Williams, Arian’s managing director, said they also support underground indications (published in January) that the La Africana Vein contains significant silver mineralisation over commercially viable widths.
Arian Silver has also extended its exclusivity agreement over the Noche Buena gold and silver tailings project in Mexico by a further 60 days to 26 April for metallurgical testwork results to come back.
“We remain excited by the prospects of our existing portfolio of silver projects in Mexico and are committed to assessing the viability of their development,” said Williams.
“We are also keen to reach a definitive conclusion on the advancement of the Noche Buena tailings project as soon as possible once we have received the final test results.”