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Release date- 16072012 – London, England – Arian Silver Corporation 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 Jose 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 Jose 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.


Contact:


Arian Silver Corporation


Jim Williams


CEO


Tel: +44 (0)20 7887 6599


Email: [email protected]


David Taylor


Company Secretary


Tel: +44 (0)20 7887 6599


Email: [email protected]


Grant Thornton Corporate Finance


Gerry Beaney


David Hignell


Tel: +44 (0)20 7383 5100


Email: [email protected]


XCAP Securities PLC


Karen Kelly


Tel: +44 (0)20 7101 7070


Email: [email protected]


Yellow Jersey PR Limited


Dominic Barretto


Tel: +44 (0)7768537739


Email: [email protected]


CHF Investor Relations


Juliet Heading


Tel: +1 416 868 1079


Email: [email protected]

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