niceonecyril
- 01 Nov 2010 08:46
THIS STOCK IS ISABLE
http://www.kitco.com
http://www.investegate.co.uk/Article.aspx?id=20110720065958M0622
This junior resource market is now all about people. Money is cheap, (though I suspect not for long) and there are lots of properties out there � but finding the right people who can provide deal flow who are qualified and trained to manage these assets � is very difficult. Nowadays finding these teams at an early stage investment can be just as challenging to the retail investor. I have found a new silver company that I believe has very capable management and are beginning to implement their business model - Arian Silver (AGQ-TSXV).
CEO Jim Williams has assembled a strong team for this company. Chairman of Arian Silver is Tony Williams (no relation), who is also Chair of European Minerals (EPM-TSX). Tony has raised more than a hundred million dollars for EPM, and raised hundreds of millions in the 1990s for resource companies as the European head of Yorkton Securities.
David Cohen is on the board � David is CEO of Northern Orion Resources (NNO-TSX, NTO-AMEX) which is a low cost producer of gold & copper in South America generating substantial cash flow.
Interestingly, Gord Keep was President of the public shell company on the AIM board in the UK (Hard Assets Inc.) through which Arian Silver first went public. Keep is Managing Director of Endeavour Financial, one of the most powerful mining finance houses in North America. This tells me the Endeavour group has a substantial position in Arian, as Hard Assets Inc. received 46% of the merged company. (There are 90 million shares issued on this company.)
Sponsorship like this is important in the market. It tells the market that this company has the ability to raise a lot of money for a big asset that will garner a lot of attention. And that�s one of the main reasons I�m following the company � I believe this team will acquire an asset that will deserve a much higher market capitalization than today. Growth via acquisition is how Endeavour and its management teams built up Wheaton River Minerals (WRM-TSX, since merged with Goldcorp), Bankers Petroleum (BNK-TSX), and Urasia Energy (UUU-TSXV). I just can�t say when that might happen.
Arian has acquired progressively larger assets to date, all in Mexico. Two are especially interesting to me:
One is Calicanto, which appears to be a large (i.e. wide and long) high grade vein system. The company is currently completing two bulk samples from an adit now underway. Assays are due soon.
All are "brown-field" sites with substantial past exploratory works having been undertaken and generally have significant mine infrastructure in place.
Typical silver grades are around 700 g/t, the silver: gold ratio is ~ 500:1. Some of the better results from the initial phase of the Calicanto exploration campaign include >10,000 g/t Ag and 10.9 g/t Au over 1.2 m, 1,720 g/t Ag and 1.92 g/t Au over 1.7 m, 649 g/t Ag and 2.37 g/t Au over 1 m. These samples were taken from veins which are part of a wider (4.5 - 5 m) zone of stockwork mineralization.
Their latest acquisition is very intriguing. It�s called the TEPAL project, which was explored in the 1970s and the 1990s by a number of companies including INCO, Teck and Hecla. The historical data indicates 78.82 million tonnes of mineralization grading 0.5 grams/tonne (g/t) gold (Au) and 0.25% copper (Cu), equating to 1.23 million contained ounces of gold and 432.63 million contained pounds of copper. The historical data also indicates potential for higher-grade within these zones. The property has great size potential.
Both INCO and Teck were interested in Tepal as a copper-gold porphyry target, regarding silver only as a by-product. Hecla's primary focus on the Project was as a large tonnage, low-grade gold target. Tepal has not been systematically tested for silver by previous owners, because of its low price. Arian management obviously believes that potentially significant quantities of silver, as well as other metals, could also be present at the Tepal Project.
Let�s look at what this project is worth at today�s metals prices courtesy of KitcoCasey.com
http://www.kitco.com/pop_windows/kitcorockcalc.html
78M tonnes of .484 g/t AU and .249% Cu makes the rock worth $28.62 per tonne or a $2.2B in gross metal value.
What makes the project more than a low grade coppery porphyry is that the majority of holes were not assayed for silver � yet the press release commented that �Silver was assayed for by both INCO and Hecla and returned some interesting values.�
Take the $28 rock and add potentially 10 - 20 dollars per tonne for 1 � 2 oz silver grades and all of a sudden you have a project that runs (to put things in perspective) 1.5 grams per tonne gold equivalent. There are many mines in Mexico that work at those types of grades. This project already has the size it needs to be a mine � they just have to prove that silver grades throughout the ore are consistent and really are �interesting� enough to improve economics on the deposit. Arian Silver is a fresh new story with a strong technical and financial team behind it. While Endeavour�s deals often have more stock out than their peer group, this has provided them with strong incentive to find assets that command a much higher market cap and stock price � making us money. BNK-TSX Bankers Petroleum, and Urasia Energy, UUU-TSXV, are the most recent telling examples of this. Arian being recently listed is a telling sign that the story is just starting to unfold. This is early money, so be patient � but it should be very rewarding. I am long the stock.
Gord Zelko
MineralSTOX.com
All statements and expressions are the sole opinions of the editors and are subject to change without notice. This article is neither an offer nor solicitation to buy or sell any securities mentioned. The information is based on information that is public and that we believe is to be factual and reliable and in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. MineralSTOX.com is not a registered investment advisor and does not offer investment related advice.
Bought in heavelly this am,on reports such as the following,seems to be paying off?
http://www.youtube.com/watch?v=iaUSysfQ_J8http://www.investegate.co.uk/Article.aspx?id=20110314070212M0551
http://www.investegate.co.uk/Article.aspx?id=20110427070000M2212
http://www.ariansilver.com/i/pdf/2011-May-CCEO_Statement.pdf
http://www.investegate.co.uk/Article.aspx?id=20110603070000M7102
Some dumpong on news and their's the end of tax year in sight,i expect many are exercising their allowence,back in 30 days
http://www.investegate.co.uk/Article.aspx?id=20120529070004M8433
http://www.investegate.co.uk/Article.aspx?id=20120822070033M6253
http://www.investegate.co.uk/arian-silver-corp-%28agq%29/mkw/arian-silver-signs-definitive-contract-for-new-.../20121127070025M1503/
http://www.investegate.co.uk/arian-silver-corp-%28agq%29/mkw/operations-update/20130219070024M9832/
http://www.investegate.co.uk/arian-silver-corp--agq-/mkw/arian-silver--39-s-md-amp-a-and-results-for-the---/20131128065956M2733/
niceonecyril
- 04 Nov 2010 14:11
- 2 of 111
Firmly believe this one should be checked out?
cyr
il
Arian's bit states:
"Arian Silver is a baby compared to Fresnillo and Hochschild yet it should soon start to generate positive free cash flow. It started maiden production in September this year. The Company owns and runs San Jose in Zacatecas, Mexico, a former producing mine which stopped nearly a decade ago when it was uneconomical to run. Arian believes there is significant potential to expand the mine as past drilling only looked at 10% of the area know to contain silver mineralisation. Some of the money from San Jose's silver production will go towards drilling the untapped area at the project. Arian last month raised 3.9 million to also go into the San Jose exploration pot as well as improve the infrastructure and equipment at the mine. Shares says BUY ARIAN SILVER AT 19.5p"
moneyplus
- 04 Nov 2010 14:50
- 3 of 111
I hold this one after missing fres when it was a bargain! good one cyril imo.
niceonecyril
- 04 Nov 2010 21:54
- 4 of 111
Moneyplus looks like we got it right,silver at $26.37 which if what has been said(via the video in the header post)$30+ maybe $50oz? Weill we see 30p tomorrow,probably not,but 25p possible?
cyril
niceonecyril
- 07 Nov 2010 20:11
- 5 of 111
The pressure is relentless,what effect will it have on the POS?
cyril
Investigations and lawsuits against JP Morgan and HSBC could send silver prices skyrocketing as the uncovering of manipulation, and the advent of a short squeeze comes to the surface.
On Wednesday, Zerohedge reported on the RICO lawsuits filed against JP Morgan and HSBC for silver manipulation.
Today, in a separate lawsuit filed by Carl Loeb in the Southern District of New York, a new light on precious manipulation by the duo was shone, this time involving allegations of breach of the Racketeering Influenced and Corrupt Organizations (RICO) Act. And with the CFTC itself admitting of ongoing manipulation in the silver market, it appears this issue is not going to go away quietly any time soon. Per Steve Berman, co-counsel of plaintiff law firm Hagens Berman Sobol Shapiro: "The practice of naked short selling has long been a serious issue on Wall Street. What we know about the scope and intent of JP Morgan and HSBC's actions in this short-selling scheme dwarfs any other similar attempt to manipulate a commodities market."
As you can see by the silver chart to the left (slideshow), the silver markets made a huge rally because of this news, coupled with the Feds choice to monetize debt.
Jim Willie, writer of the popular Hat Trick Letter, also spoke out on these lawsuits and what their potential ramifications may be.
Several class action lawsuits against JPMorgan have begun, also encouraging, but unclear on substance. They crop up every couple weeks, the latest citing a RICO aspect. Let me know when the full force of the USGovt regulatory bodies order JPMorgan, Goldman Sachs, Citigroup, and Bank of America to liquidate even 10-20% of their short positions. Unless and until such action occurs, the CFTC chirping is just that, noise from the managerie of obedient pets who work on short leashes at the behest of bankers.
Jim's assessment is focussed on the lawsuits, but on the extent of the Fed's QE actions.
Clearly silver rises and falls with the commodities, and even makes swings with more volatility than other items. That testifies to a high silver BETA. Lately, the silver move has been powerful, much bigger than other commodity items since it is being recognized as a currency hedge, a safe haven asset, with the menace of lawsuits and investigations hanging overhead. In fact, Silver is a currency, if pure money can be classified as currency at all. Like gold, silver is a super-currency.
On top of these two factors aiding silver's rise, another one may be gaining in strength... buyers looking to force a short squeeze. In a blog report by Jessie's Cafe Americain, a recent article is discussed on the massive purchases of physical silver by the hedgefund Sprott.
It is my understanding that the Sprott Trust 'books' the silver when it makes the deal to acquire it, but the actual silver will not be obtained and delivered to their vaults for some weeks as the market gathers the bullion together and ships it to them.
This was a very large purchase, and it will be interesting to see if we can determine where it is coming from as inventories draw down. Many analysts watch the reports from the Comex each day for example, and how the various levels of supply fluctuate. Then again, in this paper driven world of fractional reserve inventories at the LBMA and the unallocated accounts of certain holdings it may not show up at all, at least for now. The paper game is pervasive.
Our estimate based on the available data is that they purchased 6.5 million ounces of silver at an average price of 25.82 US dollars per ounce. This is a 1.2% premium over today's spot price of 25.51, and a much larger premium over yesterday's paper prices that went as low as 24.10 intraday.
It is interesting that even on very large purchases it appears there is a premium to be paid to acquire actual un-encumbered bullion versus fractional reserve paper claims. Handling charges? lol.
Some might consider the price that Sprott paid to be a 'leading indicator' of where silver will be going. I think when the paper Ponzi scheme actually collapses silver will be much higher than that. After all, "he who sells what isn't his'n must buy it back or go to prison." Unless, that is, they are running the game. Then they just pay a fine and admit no guilt.
There are just too many forces at work here to break the silver manipulation wide open, and for the banks and the Fed, their monetary straits are such that they have to focus their assets on other things, such as the housing CDO's and MBS's coming home to roost, rather than continue to pump money into holding down silver prices.
Look at the charts... something has broken in silver, and the rise over the past month or two is showing parabolic, and not a case of a gradual market climb. The price of silver is still low enough now for the common man to get in at a good price, but as we've seen the past two trading days, silver is going up now in dollars per day, not cents.
.
unluckyboy
- 08 Nov 2010 10:16
- 6 of 111
Hi niceonecyril, have you had a look at Patagonia Gold recent results show alot of gold and silver to be mined.
niceonecyril
- 08 Nov 2010 16:50
- 7 of 111
AGQ up 11.6% today Finished at 24p to sell,so thats 19p to 24p in a week and it looks like more to come?
ULBoy,glanced at it,but can only be in so many,will take a closer look.
cyril
niceonecyril
- 08 Nov 2010 17:05
- 8 of 111
Silver just broken through $27oz,if it can hold on to that level we could easily see another blue day tomorrow.
cyril
niceonecyril
- 09 Nov 2010 16:31
- 9 of 111
Silver now at $28.72oz,could test 29p today,markets have lost faith in the currencies.
cyril
niceonecyril
- 11 Nov 2010 14:35
- 10 of 111
Added more this am to my ISA,testing it's high,which will be left far behind once
production and resource news arrives?
aimho
cyril
moneyplus
- 11 Nov 2010 15:23
- 11 of 111
I can't afford any more but I agree Cyril.
unluckyboy
- 11 Nov 2010 16:06
- 12 of 111
Have been in and out and have returned for more.....
niceonecyril
- 14 Nov 2010 08:59
- 13 of 111
ULB perhaps you may need to change your name, read this.
The Edison report update link
http://edisoninvestmentresearch.co.uk/researchreports/ArianSilver121110upfate.pdf
If unable to open,states 24.9p@silver priced at $27.19 and with a further reserve potential of upto 195p?
cyril
unluckyboy
- 14 Nov 2010 14:07
- 14 of 111
Lets hope it does go up to 195p, it will be drinks all round.
ULB
niceonecyril
- 14 Nov 2010 23:48
- 15 of 111
'watshot recommends arian silver'
"Arian Silver holds a portfolio of silver projects in mexico, but for the present we need only concern ourselves with the largest, the 100%-owned San Jose mine. The company commenced commercial production at San Jose in October - but only from the currently defined 10% of the overall licence area. They expect to begin mining at a rate of 500 tons of ore per day but the company has a plan to raise this to 1,500 tpd in the near term. This mine has the potential to move the firm into positive cashflow, possibly by the end of 2010. With cash costs forecast to be $4.50 per ounce (or lower) margins could be as high as $66 million per year (based on an average of the grades recovered from the latest round of drilling at San Jose, a mining rate of 500 tpd and a conservative silver price of $20 per ounce).
What makes Arian Silver particularly mouth-watering however is the fact that Arian Silver has thus far only recovered resource estimates for 10% of the known strike length of the San Jose licence area. Given that it already has a JORC-compliant indicated and inferred resource of 43 million ounces Ag within the first 10%, the total resource could be very significant indeed! There's also the potential for another 25-50 million oz Ag at the Calicanto project.
Whilst investors should be aware that Arian Silver has yet to secure a milling partner (the ore mined will not be processed on site), negotiations are said to be proceeding well and the successful toll miller is expected to be announced soon. When that happens the shares should fly. The company had $2.1 million in the bank at the end of the first quarter which should be enough to see it through to positive cashflow territory, especially given that San Jose requires minimal capex (less than $1 million).
P.S. Although Arian Silver is AIM listed it can be included in an ISA. "
niceonecyril
- 15 Nov 2010 08:38
- 16 of 111
Buys flooding in.
cyril
moneyplus
- 15 Nov 2010 11:59
- 17 of 111
some of the predicted sp for AGQ are indeed mouthwatering! I hope silver continues to shoot up--heres to a good week Cyril.
niceonecyril
- 18 Nov 2010 08:16
- 18 of 111
31[+ and looking good,news expected of 1st producion next week,along with silver,looking very solid.
cyril
niceonecyril
- 18 Nov 2010 08:29
- 19 of 111
Arian Silver the only true silver play on the LSE?
cyril
Silver May Top $30 Next Year as Investors Seeks Store of Value, GFMS Says
By Pham-Duy Nguyen - Nov 18, 2010 12:30 AM GMT Tweet (3)LinkedIn Share
Business ExchangeBuzz up!DiggPrint Email .Silver probably will top $30 an ounce in 2011, a gain of at least 17 percent, on demand by investors seeking a store of value, GFMS Ltd. said.
The metal will average $19.94 this year and around $28 next year, GFMS, a London-based research firm, said today in a report. The spot price averaged $14.70 in 2009. Investment demand was projected to rise to an all-time high of more than 210 million ounces in 2010, and fabrication and industrial use also climbed, GFMS said.
The price of silver for immediate delivery was up 52 percent this year to $25.60 yesterday, partly because buyers used the metal as alternative to currencies. This month, the dollar fell to the lowest level since December against a basket of major currencies, and the euro has fluctuated amid debt concerns in Greece and Ireland. Gold rose to a record last week.
The main driver of the price remains investment demand, GFMS said.
Silver supplies will rise 5 percent this year, and investors will be of a mood to absorb the resultant, growing surplus as key supports such as ultra-low interest rates, a weakening dollar and a buoyant gold market should remain with us, GFMS said.
This year, fabrication demand will increase 10 percent and industrial use will climb 18 percent, GFMS said. Mine production will advance more than 3 percent, and scrap supplies will jump more than 10 percent, the company said.
In 2010, gold futures in New York have climbed 22 percent, heading for the 10th straight annual gain. The metal reached a record $1,424.30 an ounce on Nov. 9. On that date, silver futures reached a 30-year high of $29.34. The all-time high was $50.35 in 1980.
To contact the reporter on this story: Pham-Duy Nguyen in Seattle at pnguyen@bloomberg.net.
To contact the editor responsible for this story: Steve Stroth at sstroth@bloomberg.net.
.
niceonecyril
- 22 Nov 2010 08:10
- 20 of 111
A good start to the week.
cyril
November 22, 2010
Arian Commences New 10,000m Drilling Programme at San Jose, Mexico
LONDON, ENGLAND--(Marketwire - Nov. 22, 2010) - Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a
focus on projects in the silver belt of Mexico, is pleased to announce the commencement of a new 10,000m drill
programme at its 100% owned San Jose Property, Zacatecas, Mexico.
The drill programme, which will complement the previous two drilling campaigns, is aimed initially to delineate
additional areas of high grade mineralisation and to upgrade existing resources, between the Santa Ana and
Guanajuatillo resource areas along the San Jose Vein ("SJV"). The drill programme will also start to explore in
detail the SJV system that lies to the west of the village of Guanajuatillo, which collectively accounts for
approximately 90% of the known strike length of the SJV system. One drill rig has commenced drilling at San
Jose, and a second drill rig will be mobilised and operational shortly.
The previous two drilling campaigns delineated JORC and NI 43-101 compliant resources of approximately 43
million ounces of silver, 120 million pounds of lead and 250 million pounds of zinc within only approximately
10% of the known strike length of the SJV within the concession area.
The location of some of the initial planned drill holes are shown in the satellite images found at the links
below:
Link 1 illustrates a zoomed-out view of approximately 5 kilometres ("km") of the Santa Ana and Guanajuantillo
areas
http://media3.marketwire.com/docs/arian_silver_link01_Santa_Ana_Guanajuatillo.pdf
Link 2 illustrates a zoomed-in view pf the Santa Ana area
http://media3.marketwire.com/docs/arian_silver_link02_Santa_Ana_San_Jose.pdf
Link 3 illustrates a zoomed-in view of the Guanajuantillo area
http://media3.marketwire.com/docs/arian_silver_link03_Guanajuantillo.pdf
Arian has also contracted to purchase a semi-mobile laboratory, which is being sourced by Stewart Group's
Geochemical & Assay Division (the "Stewart Group"). The laboratory comprises a comprehensive sample preparation
facility, a fire assay laboratory and a wet chemistry laboratory that has facilities for Atomic Absorption
Spectrometry ("AAS"). The laboratory will be under the sole control and operational management of professional
personnel from the Stewart Group in order that results are fully compliant with Arian's quality assurance and
quality control (QA/QC) programme. It is anticipated that the laboratory will be fully set up within
approximately 6-8 weeks in a secure area on the mine compound at San Jose. Prior to the laboratory becoming
operational, Arian will utilise the analytical services of the Stewart Group's sample preparation facility in
Zacatecas. The Stewart Group, headquartered in the United Kingdom, provide a network of accredited laboratories
and metallurgical services to mining and exploration companies.
Arian's Chief Executive Officer, Jim Williams, commented: "It is with great pleasure that I report the
commencement of our new 10,000m diamond drilling programme at San Jose and the decision to purchase a semi-
mobile analytical laboratory. Our efforts remain focused on advancing the San Jose property with the
delineation of further compliant resources and continuing to create increased shareholder value. One of the
current issues with modern-day exploration is the turn-around times for analytical reporting; this issue will
be largely overcome once the new analytical laboratory has been delivered and commissioned."
Qualified Person
Mr. Jim Williams, Eur Ing, Eur Geol, BSc, MSc, D.I.C., FIMMM, the Chief Executive Officer of Arian, is a
"Qualified Person" as defined in the AIM guidelines of the London Stock Exchange, and a "Qualified Person" as
such term is defined in Canadian National Instrument 43-101 ("NI 43-101"). This press release has been prepared
under Mr. Williams' supervision. Mr. Williams has verified the data disclosed by this release.
Forward-Looking Information:
This press release contains certain "forward-looking statements". All statements, other than statements of
historical fact, that address activities, events or developments that the Company believes, expects or
anticipates will or may occur in the future (including, without limitation, statements relating to the proposed
drilling programme at San Jose) are forward-looking statements. These forward-looking statements reflect the
current expectations or beliefs of the Company based on information currently available to the Company. Forward-
looking statements are subject to a number of significant risks and uncertainties and other factors that may
cause the actual results of the Company to differ materially from those discussed in the forward-looking
statements, and even if such actual results are realized or substantially realized, there can be no assurance
that they will have the expected consequences to, or effects on the Company.
Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking
statement, whether as a result of new information, future events or results or otherwise. Although the Company
believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking
statements are not guaranteed of future performance and accordingly undue reliance should not be put on such
statements due to the inherent uncertainty therein.
niceonecyril
- 24 Nov 2010 09:34
- 21 of 111
A summing up of yesterdays news,the last paragraph is interesting(10 fold?).
cyril
http://www.hybridan.com/HybridanSCW/?small-cap-wraps
23 November 2010 Arian Silver Corporation (AGQ 31p/84.71m)
AIM listed silver exploration, development and production company with a focus on projects in the silver belt of Mexico, has announced the commencement of a new 10,000m drill programme at its 100 per cent owned San Jose Property, Zacatecas, Mexico. The drill programme, which will complement the previous two drilling campaigns, is aimed initially to delineate additional areas of high grade mineralisation and to upgrade existing resources, between the Santa Ana and Guanajuatillo resource areas along the San Jose Vein. One drill rig has commenced drilling at San Jose, and a second drill rig will be mobilised and operational shortly. The previous two drilling campaigns delineated JORC and NI 43-101 compliant resources of approximately 43 million ounces of silver, 120 million pounds of lead and 250 million pounds of zinc within only approximately 10 per cent of the known strike length of the SJV within the concession area. Arian has also contracted to purchase a semi-mobile laboratory, which is being sourced by Stewart Group's Geochemical & Assay. It is anticipated that the laboratory will be fully set up within approximately 6-8 weeks in a secure area on the mine compound at San Jose.
Since we last wrote in early November on Arian, almost 40m has been added to the market cap. Arian Silvers greatest potential lies in the scope, through further drilling and exploration, to add significantly to its assets in the ground. The mining plan based on the present resource and which will extract only the highest grade ores will generate income for four years, but this should be sufficient to finance most of the drilling required to expand the resource by a substantial amount, perhaps 10-fold, providing significant long-term upside potential for the shares.
unluckyboy
- 24 Nov 2010 12:09
- 22 of 111
Abit down today, but holding for the 10 fold.
Hope you had a good look at PGD Cyril, up 30% today and rising.
niceonecyril
- 25 Nov 2010 07:45
- 23 of 111
A very comprehensive report out on results for Sept.
cyril
micky468
- 28 Nov 2010 12:34
- 24 of 111
watch this video by Gerald celente 9min into the video interviewer ask celente what he think about the fact that silver as sold out in America
the rest of the what celente said is on video No part 2 well if ture that it folks what we all been waiting for ;-))
http://www.youtube.com/user/geraldcelentechannel?blend=1&ob=4
winwinsales
- 30 Nov 2010 13:25
- 25 of 111
Directors sell 6 Million shares
http://moneyam.uk-wire.com/cgi-bin/articles/20101130070215M3752.html
What to do next take the hint, wait till the next bounce?
Price down 13% ish over 3.5 days
niceonecyril
- 06 Dec 2010 08:06
- 26 of 111
The tip by RHPS has done the trick,up to 35.4p.
cyril
required field
- 06 Dec 2010 09:46
- 27 of 111
Isable as well.....good go a long...long way....
niceonecyril
- 07 Dec 2010 10:59
- 28 of 111
My largest holding by far and all in the ISA,closing in on 40p. GOLD all time high and Silver firmly above $30oz,resource update on top of production start up,looking good
to carry on into the new year.
RF i should have made it known that the directors sold on Institution demand rather than dilute.
moneyplus
- 07 Dec 2010 11:24
- 29 of 111
Silver is rising fast and we should be well rewarded holding this one through 2011 if it's not taken over before then. An extra bonus is the isa part! not many others here though cyril which is surprising as we are the only silver producer on the aim market. I missed out on FRES when it floated and look at it now!
niceonecyril
- 07 Dec 2010 14:59
- 30 of 111
Yes most disappointing the level of interest,especially with goverments printing moey so putting greater value on the precious metals.These have more than doubled since i started the thread (nov1st),also the same with AAZ which has also doublrd in value.
Looking forward to updates in the not to distent future for both companies,which i expect to see furrthersharp rises?
cyril.
unluckyboy
- 07 Dec 2010 16:12
- 31 of 111
Lets keep this one to ourselves so we don't have a load of other people talking sh;t on this thread.......lol
niceonecyril
- 19 Dec 2010 18:44
- 32 of 111
Seems that a RNS is about to be released and 50p has been mentioned?
Added to the header,worth reading
cyril
niceonecyril
- 20 Dec 2010 08:06
- 33 of 111
Well 44p on news.
cyril
LONDON, ENGLAND--(Marketwire - Dec. 20, 2010) - Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a
focus on projects in the silver belt of Mexico, is pleased to report on progress at the Company's 100%-owned
San Jose Property in Zacatecas State, Mexico.
Highlights:
=- First batch of San Jose concentrate produced;
=- 8 drill holes completed along the San Jose Vein ("SJV");
=- Optimisation of the mill is progressing well;
=- New semi-mobile laboratory construction progressing well; and
=- 12 kilometres of strike extension of the SJV presents additional
significant targets for 2011 drilling.
The first batch of San Jose concentrate comprising 7.5 tonnes and containing 12.4 kilograms of silver (400
ounces) per tonne has been produced.
Optimisation of the mill is progressing well with a view to further increasing recoveries of silver in
concentrate.
Mining at San Jose is progressing well and the operation is currently focused on stoping at the 'Ramal Sur'
block and concurrently advancing the main haulage ramp in a westerly direction towards the higher-grade 'Santa
Ana' block, which itself comprises a number of stopes. In addition, improvements to the main haulage ramp have
taken place to ensure a more efficient operation, specifically enabling the more rapid transportation of Run-Of-
Mine material from the underground loading area to the stockpile pad on the surface.
Core drilling is underway using two 'Longyear 44' drill rigs. Eight holes have been completed to date with a
total of 1,518 metres, or 15.2% of the total programme, and the first samples have been submitted for analysis.
The construction of the Company's semi-mobile laboratory is progressing according to plan with the Stewart
Group in British Columbia, Canada, and this is expected to be delivered to the San Jose Mine during January
2011. Turnaround times for assay results should significantly improve for drill core samples when this is in
place (see the Company's press release dated 22 November 2010).
Commenting on today's operations update, Arian's Chief Executive Officer, Jim Williams, said:
"It gives me great pleasure to report such positive progressive news regarding all of the Company's major
activities. We have been working on increasing the mining and milling efficiencies since production commenced
at San Jose, and the results of these efforts are now becoming apparent with production of our first
concentrate.
"Experts forecast that silver prices will continue to strengthen next year, just as we increase our production
and begin to define some of the untested potential within the existing known mineralisation in the SJV system.
The exciting substantial potential along the approximately 12 kilometres of strike extension of the SJV
presents significant targets for our 2011 drilling. Once again, we would like to thank all our shareholders for
their continued support as we grow the Company."
Qualified Person
Mr. Jim Williams, Eur Ing, Eur Geol, BSc, MSc, D.I.C., FIMMM, the Chief Executive Officer of Arian, is a
"Qualified Person" as defined in the AIM guidelines of the London Stock Exchange, and a "Qualified Person" as
such term is defined in Canadian National Instrument 43-101 ("NI 43-101"). This press release has been prepared
under Mr. Williams' supervision. Mr. Williams has verified the data disclosed by this release.
Forward- Looking Information:
This press release contains certain "forward-looking statements". All statements, other than statements of
historical fact, that address activities, events or developments that the Company believes, expects or
anticipates will or may occur in the future (including, without limitation, statements relating to mill
optimisation, mining, production of concentrate, the drilling programme as well as delivery of the semi-mobile
laboratory) are forward-looking statements. These forward-looking statements reflect the current expectations
or beliefs of the Company based on information currently available to the Company. Forward-looking statements
are subject to a number of significant risks and uncertainties and other factors that may cause the actual
results of the Company to differ materially from those discussed in the forward-looking statements, and even if
such actual results are realized or substantially realized, there can be no assurance that they will have the
expected consequences to, or effects on the Company.
Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking
statement, whether as a result of new information, future events or results or otherwise. Although the Company
believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking
statements are not guaranteed of future performance and accordingly undue reliance should not be put on such
statements due to the inherent uncertainty therein.
unluckyboy
- 28 Dec 2010 22:45
- 34 of 111
Silver up 3.25%.Looking for a blue in the morning.
niceonecyril
- 29 Dec 2010 15:30
- 35 of 111
ULB looke were're blue,trying to break 50p?
cyril
unluckyboy
- 29 Dec 2010 15:36
- 36 of 111
Blue all the way, what a great birthday i'm having today keep it going up up up...
pmg doing very well also.
niceonecyril
- 29 Dec 2010 16:37
- 37 of 111
ULB Happy birthday,clearly a good one.
cyril
unluckyboy
- 29 Dec 2010 17:23
- 38 of 111
agq up 17% and pmg up 32% the best birthday present ever....
niceonecyril
- 19 Jan 2011 11:48
- 39 of 111
New thread,nothing to offer,no charts etc. Undoubtably by a couple of de rampers,best ignore.
niceonecyril
- 24 Jan 2011 09:59
- 40 of 111
ARIAN SILVER commentary from recent broker visit to mine
Underground operations are progressing according to the mine plan at both the Ramal Sur and Santa Ana sections, with both diesel driven and electrical driven jumbos carry out development drilling within the two separate sections. Power supply to the San Josmine has experienced a threefold increase to 450 kva from 150 kva.
Development off of the existing ramp is advancing to access richer sulphide ores at depth. Current exploration drilling on surface has extended 6km from the San Joshead frame where intercepts are seen to be wide, and should arouse excitement once assay results are returned from the lab.
Broker comment: investors will be more interested in news from the lab, but its encouraging to see the steps being taken to turn this into a major silver mine.
niceonecyril
- 31 Jan 2011 07:52
- 41 of 111
January 31, 2011
Arian Silver Drilling Update at San Jose
LONDON, ENGLAND--(Marketwire - Jan. 31, 2011) - Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a
focus on projects in the silver belt of Mexico, today reports the first batch of assay results from its
recently started Phase-3, 10,000 meter ("m") drilling programme, at its 100%-owned San Jose Property in
Zacatecas State, Mexico.
Highlights:
/T/
-- Approximately 35% of the Phase 3 drilling completed;
-- Eight drill holes completed and assayed between the Santa Ana and
Solidad resource blocks, and an additional twelve drill holes completed
and awaiting assay results in the Guanajuatillo area along the San Jose
Vein ("SJV");
-- Mineralisation remains open along the SJV;
-- Drilling is currently being undertaken more than 6 km west of the San
Jose Mine head-frame (west of Guanajuatillo) to evaluate strike
extensions; and
-- In addition to silver, encouraging high base-metal values increase
economic potential.
/T/
Commenting on today's operations update, Arian's Chief Executive Officer, Jim Williams, said:
"This current phase of drilling has had a good start with the rapid completion and analysis of these initial
eight holes with a further twelve holes so far completed this year which are currently awaiting assay results.
The drill hole assay results confirm significant mineralisation within even more of the SJV system between the
Santa Ana and Solidad resource areas, and this additional mineralisation will inevitably increase the overall
mineral resource in this zone when the next resource update is undertaken. We now very much look forward to the
results of further drill holes which have been drilled the furthest west yet along the SJV."
Core (Diamond) drilling is underway using two 'Longyear 44' drill rigs. Eight drill holes have been completed
and assayed to date for a total of 1570m. All eight drill holes have been positioned between the previously
demarcated Santa Ana and Solidad resource blocks and the results, seven of which (note: one hole of the eight
failed due to a breakage prior to intersecting the vein) are tabulated in the appendix to this news release,
confirm the continuation of significant silver, lead and zinc mineralisation between these two blocks. The high
base-metal assemblage together with silver is encouraging and is typical of this type of epithermal vein
system. Intercepts include:
/T/
-- Hole SJ-10-113 comprising 1.83m (true width) with 177 g/t Ag, 4.83% Pb,
and 9.24% Zn;
-- Hole SJ-10-115 comprising 1.38m (true width) with 305.7 g/t Ag including
a number of vein stringers with up to 564 g/t Ag; and
-- Hole SJ-10-116 comprising 5.47m (true width) with 242.5 g/t Ag and 1.03%
Zn including vein stringers with up to 339 g/t Ag.
/T/
The location of the drill holes in relation to previous holes in this specific area are shown on the plan,
which can be found at:
http://media3.marketwire.com/docs/Santa-Ana-Plan.pdf
The location of the drill holes, including the additional twelve which are awaiting assay results, in relation
to the overall area are shown on the plan, which can be found at:
http://media3.marketwire.com/docs/barrenoscompletos1.pdf
Current drilling is now concentrating in the area west of Solidad, along the western extension of the SJV,
known as Guanajuatillo, and the results of this drilling will be reported when received.
All technical information for the San Jose Project is obtained and reported under a formal quality assurance
and quality control (QA / QC) programme. The core is logged and photographed by Arian staff and then split
using a diamond saw. Half the core is stored on-site in a secure core shed and the other half is labelled,
bagged and secured before transporting to Stewart Group's sample preparation facility in Zacatecas, Mexico.
Each sample has its own unique sample number. The entire half-core is crushed to minus 10 mesh and a half
kilogram riffle split is pulverized and homogenized to minus 200 mesh. The pulp samples are then air freighted
to Stewart Group's analytical laboratory in Canada for analysis. Systematic assaying of duplicates, blanks and
certified reference material is performed for precision and accuracy; quality procedures and processes are
continually reviewed and monitored with protocols in place to deal with any non-conformity. Stewart Group's
laboratories in Zacatecas, Mexico, and Kamloops, BC Canada are ISO 9001:2000 accredited.
Approximately 5% of the analysed samples are re-sampled and sent to (ALS Chemex) preparation facility in
Guadalajara, Mexico. The samples consist of both coarse reject samples as well as pulp samples. The coarse
material is crushed and pulverised according to the same protocol, and the pulp samples are air freighted to
ALS Chemex's analytical laboratories in Vancouver, Canada, for analysis. Results from all duplicate analyses
are compared to identify potential analytical or sampling errors.
Stewart Group and (ALS Chemex) Laboratories are independent of Arian.
The samples were analysed for a multi element scan by aqua regia digestion and ICP (inductively coupled plasma)
finish. High-grade samples (greater than 200 g/t Ag) were re-analysed by fire assay with a gravimetric finish.
Qualified Person
Mr. Jim Williams, Eur Ing, Eur Geol, BSc, MSc, D.I.C., FIMMM, the Chief Executive Officer of Arian, is a
"Qualified Person" as defined in the AIM guidelines of the London Stock Exchange, and a "Qualified Person" as
such term is defined in Canadian National Instrument 43-101 ("NI 43-101"). This press release has been prepared
under Mr. Williams' supervision. Mr. Williams has verified the data disclosed by this release.
Forward-Looking Information
This press release contains certain "forward-looking statements". All statements, other than statements of
historical fact, that address activities, events or developments that the Company believes, expects or
anticipates will or may occur in the future (including, without limitation, statements relating to the proposed
drilling programme at San Jose) are forward-looking statements. These forward-looking statements reflect the
current expectations or beliefs of the Company based on information currently available to the Company. Forward-
looking statements are subject to a number of significant risks and uncertainties and other factors that may
cause the actual results of the Company to differ materially from those discussed in the forward-looking
statements, and even if such actual results are realized or substantially realized, there can be no assurance
that they will have the expected consequences to, or effects on the Company.
Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking
statement, whether as a result of new information, future events or results or otherwise. Although the Company
believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking
statements are not guaranteed of future performance and accordingly undue reliance should not be put on such
statements due to the inherent uncertainty therein.
pumben
- 02 Feb 2011 10:59
- 42 of 111
any thoughts, on the current direction of the SP ?
GILBERT01
- 03 Feb 2011 07:03
- 43 of 111
Are AGQ going to rocket, and any idea when?
cheers
niceonecyril
- 03 Feb 2011 07:23
- 44 of 111
At present looking for a support level which could be as low as 35p,seems that next will be in the shape of asswy results once the mobile lab arrives.So nearer the end of Feb imo to be followed shortly after by resource update,when things should hot up?Patiene required,just look at AAZ which which floundered before starting to recover of late.
GILBERT01
- 03 Feb 2011 12:22
- 45 of 111
Thank you very much.
Have a good day!
niceonecyril
- 03 Feb 2011 19:19
- 46 of 111
http://www.kitco.com
Click on above to find out precious metals, Gold up now $1359, Silver $28.75,
Adding this site to header.
niceonecyril
- 04 Feb 2011 11:46
- 47 of 111
The rising silver price + the herd have left seems to have consoluated the SP in the low 40p's,taken the following from another board,well worth a read.
XCap: 148p - 247p, Edison: 88p-195p
Dictum de dicto
Now that the lemming activity is over with, we can get back to looking at Arian's true value.
In the bemused environment of the last week Edison's update seems to have got lost/ignored.
One of the most obvious points is that Arian would probably be capable of paying dividends, even with only 2011 production levels:
'2011 (Estimates) $USD
Profit Before Tax: $7.9m
Earnings Per Share: 2.9c'
At the moment the plan is divert excess cash into expanding the resource base but much of the current phase has already been funded by the Sprott investment a few months ago.
The choice is between dividends or more resource.
'INVESTMENT SUMMARY
Arian has commenced commercial production at San Jose, with c 70t of concentrate having now been produced. Stoping is concentrated on the Ramal Sur block, while the main haulage is advanced towards the high-grade Santa Ana block. The in-line impact crusher is nearing
completion, which should increase both throughput and recoveries, while Arian's own laboratory is currently in transit for Mexico. At a silver price of US$27.19/oz, we estimate that Arian has the ability to generate earnings between 2.7c and 3.0c per share over the mine's official 4.5-year life.
INDUSTRY OUTLOOK
Assays from eight exploration holes have demonstrated the continuation of the San Jose vein 6km from the mine, with grades in excess of 300g/t Ag (c 10oz/t). Assuming Arian delineates new resources at the same rate per km of exploration drilling as in the past, we estimate a US$10m exploration programme should delineate a resource valued at 88-195p per AGQ share. At the time of writing, the silver price was US$28.01/oz'
The last two paragraphs reflect Edison's view. However, XCap are somewhat more bullish and have given us some more numbers to work with.
Using XCap's numbers we find that at a silver price of $28.80 and a resource find of 120m oz, Arian's value would be around 148p/share.
At 150m oz it would be 185p/share
And at 200m oz it would be 247p.
I don't know what the Edison resource range is but I assume that it can't be that different.
However you look at it, I think it will be very disappointing if we don't see a resource valued somewhere in the region of at least 160p this year. The market will probably not give it that value, but I can't see why 125p would not be possible. At 160p, a 100p valuation would represent quite a significant mis-price.
niceonecyril
- 04 Feb 2011 17:15
- 48 of 111
A great recovery today after touching 37p,now 43.75p. Undoubtably the strength of silver has helped along with PI's getting back in at bargain rates,buyers dack in town as news on the horizon,later feb for assey results and resource and production figures to follow soon later.
niceonecyril
- 07 Feb 2011 17:05
- 49 of 111
FOCUS: Speculators Continue To Leave Gold, Return To Other Metals
07 February 2010, 10:54 a.m.
By Debbie Carlson
Of Kitco News
http://www.kitco.com/
(Kitco News) - Gold continues to experience a drop in speculative interest, while the other metals market have seen funds come back to establish bullish positions, according to data from the U.S. government.
In its weekly commitment of traders data released Friday, the Commodity Futures Trading Commission noted in both its disaggregated and legacy futures and options combined reports that speculators continued to reduce their net-long positions in the yellow metal.
The reduction in positions came even as prices rose on the Comex division of the New York Mercantile Exchange for the week ended Feb. 1. April gold settled at $1,340.30 an ounce, up $6.50 during the reporting timeframe. March silver settled at $28.514 an ounce, up $1.709.
Precious metals prices were reignited as the Egyptian crisis generated geopolitical uncertainty and the U.S. dollar weakened, according to Morgan Stanley.
Meanwhile, April platinum settled at $1,833 an ounce, up $45.70, and March palladium gained $38.80 an ounce to settle at $823.55. Copper rose to $4.547 a pound, up 32.1 cents.
Gold saw a hefty chunk of gross longs and shorts exit the futures and options market. Managed-money accounts sliced 10,504 gross longs and 5,634 gross shorts, meaning the net-long position fell to 124,794 contracts, the fifth week in a row of a drop in the net long. This is the smallest net-long position for funds since the disaggregated reports were started by the CFTC in September 2009.
In the same report, producers and swap dealers also exited both gross longs and shorts, shrinking the size of their net-short position.
Non-commercials cut gross longs by 12,328 contracts and shorts by 7,205, reducing their net-long position to 170,706 contracts. Commercial participants cut slightly more short positions than long, modestly reducing their net-short position.
Barclays Capital said the non-commercial positions are now at their lowest level since May 2009, and gross longs are at their lowest since March 2010.
Speculators returned as buyers in silver, with the managed-money sector adding 2,875 gross longs and cutting 2,489 gross shorts. The net-long in the disaggregated report for this group now stands at 23,457 contracts. Producers and swap dealers added to both sides, but added more gross shorts, increasing their net-short position.
The size of the net-long position for funds grew in the legacy report, but they cut both more gross shorts than longs, which allowed the net-long position to rise to 33,162 contracts. Commercials added to both sides, and increased their net-short position.
Barclays Capital attributes the rise in the net-long by non-commercials as short covering, rather than new buys.
Managed-money accounts in platinum metals group returned to adding to their net-long position by adding gross longs and subtracting gross shorts. In platinum, funds net-long stands at 26,678 contracts, just shy of their all-time high position as detailed in the disaggregated report. For palladium, the net-long fund position is at 13,492 contracts.
In the legacy report, funds added to gross longs and cut gross shorts in both PGMs. The fund net-long for platinum now stands at 30,562 contracts, while the fund net-long for palladium rose to 15,260 contracts.
Anne-Laure Tremblay, precious-metals strategist BNP Paribas, said investor interest in platinum has rebounded notably since the end of 2010 and they are driving prices in the white metal. While the overall picture for platinum is improving, the physical market is not sufficiently tight to underpin a sustained price rally in our opinion. It is investment demand so far which is largely responsible for the better performance of the metal since the beginning of 2011, she said.
The net-long position for managed-money traders in copper rose to 32,040 contracts as they added gross longs and cut a modest number of gross shorts. In the legacy report, non-commercials added to both gross longs and shorts, but saw more new longs created, lifting the net-long to 24,711 contracts. Commercials added to both sides and increased net-shorts.
For more information, including definitions and a further breakdown of data, please see: http://www.cftc.gov/MarketReports/CommitmentsofTraders/index.htm
By Debbie Carlson of Kitco News dcarlson@kitco.com
Dont Miss a Word! Read Kitco News on the Go with Kcast Gold Live for iPad! Get it now!
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niceonecyril
- 08 Feb 2011 05:31
- 50 of 111
niceonecyril
- 08 Feb 2011 16:18
- 51 of 111
Silver through the $30oz.
niceonecyril
- 21 Feb 2011 09:43
- 52 of 111
GOLD testing $1400 and Silver at $33.42 .
LONDON, ENGLAND--(Marketwire - Feb. 21, 2011) - Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(FRANKFURT:I3A)(PLUS:AQG), a silver exploration, development and production company with a
focus on projects in the silver belt of Mexico, is pleased to report an update on operational activities at its
100%-owned San Jose Property in Zacatecas State, Mexico.
Highlights:
/T/
=- Widest yet intersections of economic grade silver mineralisation in the
first two holes in the Guanajuatillo area along the San Jose Vein
("SJV");
=- Phase 3 drilling completes to-date 24 holes for 4450 metres ("m") of the
10,000 m programme and 14 of these holes are pending assays;
=- Mineralisation remains completely open along strike and depth;
=- To date, 68 tonnes of silver-bearing concentrate sold from the 120
tonnes produced so far; and
=- Semi-mobile laboratory awaiting customs clearance in Mexican port.
/T/
Commenting on today's operations update, Arian's Chief Executive Officer, Jim Williams, said:
"We are highly encouraged by the latest results from our current phase of drilling along the SJV. We continue
to confirm the presence of significant silver mineralisation in a westerly direction along the strike of the
SJV and have intersected the widest zones yet of economic silver mineralisation in this area in the two holes
announced today. We have now completed 24 holes in this phase of drilling, which is about half of the planned
programme, and continue to drill further west following the extensive strike of the SJV. A revised resource
calculation will be undertaken on conclusion of the current 10,000m drill programme. Fine-tuning of both the
mining and milling operations is ongoing, with 120 tonnes of silver concentrate produced to date. Proceeds from
the 68 tonnes of concentrate sold to date amount to approximately US$580,000, subject to a final pricing review
and possible adjustment."
Drilling continues using two 'Longyear 44' drill rigs. Twenty-four drill holes have been completed to date for
a total of 4,480m. The initial eight drill holes, which have previously been reported (January 31, 2011 press
release), were positioned between the previously demarcated Santa Ana and Solidad resource blocks. This latest
batch of assay results comprising two holes were positioned around the village of Guanajuatillo, some six
kilometres west of the San Jose head-frame, while the remaining holes, which are awaiting assay results, are
located west of the village of Guanajuatillo. These two holes continue to confirm, as expected, the
continuation of silver mineralisation along the SJV in a westerly direction. The latest intercepts of note are:
/T/
=- Hole GW-11-002 comprising 9.80m with 150.1 g/t Ag, including 1.56m with
428 g/t Ag;
=- Hole GW-11-006 comprising 15.94m with 118.4 g/t Ag including 0.82m with
330 g/t Ag.
/T/
The location of the drill holes in relation to previous holes in this specific area are shown on the plan,
which can be found at:
http://media3.marketwire.com/docs/Arian_Plan_A.pdf
A simplified sketch plan showing the demarcated drilling areas along the SJV can be found at:
http://media3.marketwire.com/docs/Arian_Plan_B.pdf
Current drilling is now concentrating in the area west of Guanajuatillo village, and the results of this
drilling will be reported when received.
All technical information for the San Jose Project is obtained and reported under a formal quality assurance
and quality control (QA / QC) programme. The core is logged and photographed by Arian staff and then split
using a diamond saw. Half the core is stored on-site in a secure core shed and the other half is labelled,
bagged and secured before transporting to Stewart Group's sample preparation facility in Zacatecas, Mexico.
Each sample has its own unique sample number. The entire half-core is crushed to minus 10 mesh and a half
kilogram riffle split is pulverized and homogenized to minus 200 mesh. The pulp samples are then air freighted
to Stewart Group's analytical laboratory in Canada for analysis. Systematic assaying of duplicates, blanks and
certified reference material is performed for precision and accuracy; quality procedures and processes are
continually reviewed and monitored with protocols in place to deal with any non-conformity. Stewart Group's
laboratories in Zacatecas, Mexico, and Kamloops, BC, Canada, are ISO 9001:2000 accredited.
Approximately 5% of the analysed samples are re-sampled and sent to ALS Chemex preparation facility in
Guadalajara, Mexico. The samples consist of both coarse reject samples as well as pulp samples. The coarse
material is crushed and pulverised according to the same protocol, and the pulp samples are air freighted to
ALS Chemex's analytical laboratories in Vancouver, Canada, for analysis. Results from all duplicate analyses
are compared to identify potential analytical or sampling errors.
niceonecyril
- 21 Feb 2011 11:39
- 53 of 111
Xcap Express comment
These results show continuous mineralisation over a 6km stretch from the mine head: impressive by any standard. Arian cited a cost per tonne of $30 for extracting the ore. As a simple rule of thumb we can assume around a 90% recovery with a further 10% taken by the refiner. Even at 118g that still leaves at current silver prices a pre-tax profit per tonne of $76.
pumben
- 01 Mar 2011 20:29
- 54 of 111
Silver reaches a high of $34 and good result from Fres but AGQ drops back, I thought the last update from AGQ was good, was expecting the SP to continue on upwards.
Any comments ?
niceonecyril
- 02 Mar 2011 09:58
- 55 of 111
The market in general is down and many P/metals co.'s are too,the M/East is effecting the sebtiment. AGQ is attempting to increase resources (with the plan to sell the assets)as against ramping up production,which would bring in revenue,it seems just enough ro cover cost +a little extra,making for a long play imho?
niceonecyril
- 07 Mar 2011 08:49
- 56 of 111
POS now at an all time high $36.31oz,sp responding,just need a positive resource update.
niceonecyril
- 08 Mar 2011 20:38
- 57 of 111
From iii - paulindoon
-------------------------------------------------------
I had an opportunity to attend the AGQ presentation that Jim Williams & CHF put on at the Royal York, Monday (yesterday) afternoon. Compared to the one from last year's, this year's was of a much higher level professionally, crisper, presentation; attended by numerous "suits" some of whom were obviously more than private investors - last year there were only 3 of us attending. As a matter of fact as I was leaving after the wrapup, a group pf 3 individual in "suits" entered wearing TMX badges. Note that TMX reps were speaking at this years PDAC also held in Tornto at this time - http://infoventure.tsx.com/
"TMX Group to speak at PDAC on the proposed London Stock Exchange Group alliance".
I should also note that CHF were more involved this time around; I guess as a result of the higher current maket cap of AGQ. Recall that at last year's presentation, AGQ was in the Cdn$0.11 range.
As far as the presentation itself, pretty well all the info projected by JW is known except for the following:
New info:
Lab:
The 3 modules of the structure are in transit on Mexico highways. JW estimates that they will arrive @ SJ either by end of this week or before end of next week. All power is in place awaiting the structures.
Technicans from the Stewart Group will be manning the lab equipment acting as an independent analysists/chemists group. Since they are an already certfied group, the analysis of cores will be considered as an independt analysis - JW stated with the lab running, cores would have an approximate 2 day turnaround versus 2 weeks or so per present.
Mexican workforce:
There is no "union" group associated iwth our project. Our (via contractor) workforce are co-operative and focusse on advancing the SJ.
Adjacent land:
To the North of our SJ vein located in 6300 ha Zacatecas concessions, lies the El Tiempo vein, on which no work has been carried out. This could prove to be another area of Silver ore. The boundary is shared with Carlos Slim's Silver company so who knows what that might means with reference to a future buyer?
In closing, it seems to me that AGQ is coming of age. Oh, one other point that JW mentioned pertains to our current share price. His indications is that with the 43M oz Ag resource, if a buyer was to come along RIGHT NOW, AGQ should fetch around Cdn$3.00 sell price.
--------------------------------------------------------------------------------------------------------
So JW thinks that we are worth 1.91 if we were to sell today - interesting!
niceonecyril
- 14 Mar 2011 08:24
- 58 of 111
Disappointing for me,so i've taken some of my profits and let some run.
Arian Silver Clarifies Its Disclosure
LONDON, ENGLAND--(Marketwire - March 11, 2011) - Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), as a result of a review by the British Columbia Securities
Commission, today issued the following news release to clarify the Company's technical disclosure.
Disclosure of Mineral Resources and Mineral Reserves - San Jose
The Company has disclosed resource estimates on the Company website and in the corporate presentation that did
not separate each category of mineral resource and also combined Inferred mineral resources with Indicated
mineral resources, both of which are contrary to the National Instrument 43-101 Standards of Disclosure for
Mineral Projects (NI 43-101) section 2.2 (b) and (c).
To clarify and correct this, the mineral resources estimated of seven delineated blocks on the San Jose Vein at
the San Jose project in Zacatecas, Mexico, as reported by ACA Howe International ("A.C.A. Howe ") in its August
15, 2008, technical report are as below.
=- Total Indicated mineral resources are estimated to be 2,196,000 Mt
grading 127.71 g/t Ag, 0.51% Pb, and 0.88% Zn for approximately 9.02 Moz
Ag, 11,200 t Pb and 19,200 t Zn; and
=- Total Inferred mineral resources are estimated to be 11,190,000 Mt
grading 93.84 g/t Ag, 0.39% Pb, and 0.83% Zn for approximately 33.76 Moz
Ag, 43,400 t Pb and 93,200 t Zn.
=- Notes:
-- Resource figures were prepared by Galen White, Qualified Person and
author of the August 2008 report.
-- The resource was estimated using 830 drillhole sample and 1122
underground samples.
-- Domains constrained by a 30 ppm Ag envelope honour the geological
model and fault positions.
-- Block grades were interpolated using IDW3 interpolation.
-- Tonnage figures have been rounded up or down to the nearest 1000 t.
-- Ag ounces have been calculated using 31.1035 g = 1oz.
-- Pb and Zn tonnes have been calculated using 2204.622 lbs = 1 tonne.
As a remedy the Company has removed and replaced the non-compliant references in its presentation and on the
Company's website that should be enacted by Monday, March 14th.
Historic Disclosure of Mineral Resources - Tepal
The Company has disclosed historical resource estimates without sufficient qualifying information as is
required by NI 43-101 on the Company website referring to Tepal project.
As a remedy, the Company has ordered the removal of all references and descriptions of Tepal from the website.
This is appropriate because as was announced by news release on February 24, 2011, the Tepal project has been
disposed 100% to Geologix Exploration Inc.
Qualified Person
Mr. Jim Williams, Eur Ing, Eur Geol, BSc, MSc, D.I.C., FIMMM, the Chief Executive Officer of Arian, is a
"Qualified Person" as defined in the AIM guidelines of the London Stock Exchange, and a "Qualified Person" as
such term is defined in Canadian National Instrument 43-101 ("NI 43-101"). This press release has been prepared
under Mr. Williams' supervision. Mr. Williams has verified the data disclosed by this release.
pumben
- 14 Mar 2011 21:43
- 59 of 111
shocking for a company to get this wrong ! talk about mis-leading. obvisiouly some people got wind of the bad news hence the sharp drop over the last week. Where now for the SP ?
niceonecyril
- 04 Apr 2011 10:54
- 60 of 111
April 4, 2011
Arian Silver's Continuing Exploration Drilling Intercepts High-Grade Silver at San Jose
LONDON, ENGLAND--(Marketwire - April 4, 2011) - Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a
focus on projects in the silver belt of Mexico, is pleased to report assay results from a further eleven holes
recently drilled at its 100%-owned San Jose Property in Zacatecas State, Mexico.
Highlights:
/T/
-- High-grade silver intersected in latest round of drilling;
-- Mineralisation intersected in 11 out of 12 holes;
-- A total of 32 holes completed for 7,626 metres ("m"), representing
approximately 76% of the Phase 3 drill programme; and
-- Mineralisation remains completely open along strike and depth.
/T/
Commenting on today's drilling update, Arian's Chief Executive Officer, Jim Williams, said:
"Once again everyone is highly encouraged by the latest results from our current phase of drilling along the
San Jose Vein ("SJV"). We continue to confirm the presence of significant silver mineralisation in a westerly
direction along the strike of the SJV with the latest batch of drill core results. We have now completed 32
holes, which represents approximately 76% of the current programme moving further west following the extensive
strike of the SJV. Once this current drill programme is complete, drilling will continue under a new programme.
We are now working to update our resources. An updated NI 43-101 estimate will be undertaken upon conclusion of
this 10,000m drill programme; in addition to drill data from this programme, much of the previously completed
Phase 2 drill programme will also be incorporated."
Drilling continues using two 'Longyear 44' drill rigs. Thirty-two drill holes have been completed to date for a
total of 7,626m. The latest batch of results is from eleven drill holes that were positioned west of the
village of Guanajuatillo and continue to confirm, as expected, the continuation of silver mineralisation along
the SJV in a westerly direction. Mineralised intercepts were assayed in all eleven drill holes and a selection
of these assayed intercepts includes:
/T/
-- Hole GW-11-007 comprising 1.10m with 265.2 g/t Ag with additional
mineralised intercepts further down the hole;
-- Hole GW-11-009 comprising 1.65m with 167.0 g/t Ag with additional
mineralised intercepts within the hole;
-- Hole GW-11-010 comprising 1.22m with 97.5 g/t Ag with additional
mineralised intercepts within the hole, including 0.73m with 406.1 g/t
Ag;
-- Hole GW-11-012 comprising 1.22m with 201.5 g/t Ag with additional
mineralised intercepts deeper within the hole;
-- Hole GW-11-014 comprising 3.99m with 201.7 g/t Ag and 1.36% Zn;
-- Hole GW-11-016 comprising 1.99m with 167.2 g/t Ag with additional
mineralisation further down the hole with 3.39m with 107.2 g/t Ag;
-- Hole GW-11-017 comprising 1.03m with 355.6 g/t Ag including 0.46m with
940 g/t Ag, and with additional mineralised intercepts further down the
hole, including 2.10m with 213.4 g/t Ag and 0.93m with 297.4 g/t Ag;
/T/
The complete table showing the assay results for all eleven holes can be found in the following link:
http://www.ariansilver.com/i/pdf/2011-04-04_NRDH.pdf
The locations of the current drill holes, in relation to previous holes in this target area and other areas of
the SJV, are shown on the plans, which can be found at:
http://www.ariansilver.com/i/pdf/2011-04-04_NRM1.pdf
http://www.ariansilver.com/i/pdf/2011-04-04_NRM2.pdf
Further step-out and infill drilling is still concentrating in the area west of Guanajuatillo village and the
results of this drilling will be reported when received.
All technical information for the San Jose Project is obtained and reported under a formal quality assurance
and quality control (QA / QC) programme. The core is logged and photographed by Arian staff and then split
using a diamond saw. Half the core is stored on-site in a secure core shed and the other half is labelled,
bagged and secured before transporting to Stewart Group's sample preparation facility in Zacatecas, Mexico.
Each sample has its own unique sample number. The entire half-core is crushed to minus 10 mesh and a half
kilogram riffle split is pulverized and homogenized to minus 200 mesh. The pulp samples are then air freighted
to Stewart Group's analytical laboratory in Canada for analysis. Systematic assaying of duplicates, blanks and
certified reference material is performed for precision and accuracy; quality procedures and processes are
continually reviewed and monitored with protocols in place to deal with any non-conformity. Stewart Group's
laboratories in Zacatecas, Mexico, and Kamloops, BC Canada are ISO 9001:2000 accredited.
Approximately 5% of the analysed samples are re-sampled and sent to ALS Chemex preparation facility in
Guadalajara, Mexico. The samples consist of both coarse reject samples as well as pulp samples. The coarse
material is crushed and pulverised according to the same protocol, and the pulp samples are air freighted to
ALS Chemex's analytical laboratories in Vancouver, Canada, for analysis. Results from all duplicate analyses
are compared to identify potential analytical or sampling errors.
Stewart Group and ALS Chemex Laboratories are independent of Arian.
The samples were analysed for a multi element scan by aqua regia digestion and ICP (inductively coupled plasma)
finish. High-grade samples (greater than 200 g/t Ag) were re-analysed by fire assay with a gravimetric finish.
Qualified Person
Mr. Jim Williams, Eur Ing, Eur Geol, BSc, MSc, D.I.C., FIMMM, the Chief Executive Officer of Arian, is a
"Qualified Person" as defined in the AIM guidelines of the London Stock Exchange, and a "Qualified Person" as
such term is defined in Canadian National Instrument 43-101 ("NI 43-101"). This press release has been prepared
under Mr. Williams' supervision. Mr. Williams has verified the data disclosed by this release.
Forward-Looking Information
This press release contains certain "forward-looking statements". All statements, other than statements of
historical fact, that address activities, events or developments that the Company believes, expects or
anticipates will or may occur in the future (including, without limitation, statements relating to the drilling
programme at San Jose and a revised resource calculation) are forward-looking statements. These forward-looking
statements reflect the current expectations or beliefs of the Company based on information currently available
to the Company. Forward-looking statements are subject to a number of significant risks and uncertainties and
other factors that may cause the actual results of the Company to differ materially from those discussed in the
forward-looking statements, and even if such actual results are realized or substantially realized, there can
be no assurance that they will have the expected consequences to, or effects on the Company.
pumben
- 06 Apr 2011 23:34
- 61 of 111
A couple of interesting RNs this week but SP not really responding a trading range of between 42 and 38p. Anyone know when the mid year results are ? Any thoughts on direction of this share ? Still no news on the implementation of their own lab t oreduce turn around of the quality of silver extracted.
niceonecyril
- 08 Apr 2011 10:58
- 62 of 111
AGQ flying on the strength of silver $40+oz?
niceonecyril
- 09 Apr 2011 07:15
- 63 of 111
jiggle post 20721 mova
People seem keen to try and get a handle on the eventual size of the Arian resource and I can over a few weeks post some info which helps understand the issues and getting a feel for resource and Share Price upside. I will also refer to other companies who are vein miners because the more people read, the more we develop our judgement of these companies and hence improve our wealth.
Generally speaking (there are exceptions) open pits contain disseminated precious metal of low grade whereas vein miners have high grade ores. It is easy to prove up resources and reserves for open pits, you step out on a 100m grid and job done. Bring in heavy muck shifting plant, pile it up on leach pads and separate out the gold. Easy peasy but not always maximum wealth creating for savvy investors because risk is to a degree controlled.
There are however several types of more complex riskier deposits where the gold or silver may be associated with base metals and in higher grades in veins which can be lost if the miners are careless. Now the stakes are greater however so is potential reward to the investor.
I'll later posting a cartoon which shows the type of deposit Arian has and you will see the fairly vertical veins and its polymetallic orebody.
So why think about the deposit type and the geology? Can markets get their valuations of companies wrong? Arian is still an explorer so this is about resource in the ground and the Share Price dynamics as the facts emerge.
The purpose of all this is help investors develop a feel for quality and the eventual resource size which is currently 42.8 M Oz silver and do not forget the base metals worth 23% of the total, they cannot be disregarded.
JW, a professional geologist, has always stated that it is reasonable to assume that if 10% of the vein gives 42.3 M Oz then 100% of the vein would be worth 3 times this, say 130 M Oz. He was guessing, yes I realise he has walked every square inch, however we now have additional drilling and assays which we can compare to the average values found in this original resource of 42.8 M Oz.
We can make several comparisons: it seems the new Ag grades are higher, the latest vein thicknesses are greater and the new base metals grades are also higher. This months assays were very important to me because they were in areas where no previous drilling has taken place. I strongly recommend you check out the RNS plans and read the bore logs and make your own mind up. These latest bores are to the west of Guanajuatillo. It appears that the entire San Jose vein is heavily mineralised. Considering it is the same crack with the same mineral soup this is a reasonable conclusion but check out what you feel.
So 10% gives 42.8 M Oz so what will 100% give? Could it be 10 times as much? There's no assay evidence so far to preclude this happening . What amazes me is the consistency of the results.
Then you might ask are there other unexplored visible veins and the answer is yes; look at the plans locating the boreholes. Could there be further veins that are not visible on the surface? Will we search for them using geotechnics? Ask JW. So could the total resource be even larger still? Could there be other veins just waiting for the drill and assay? If you peruse the cartoon I post you can decide for yourself. My feeling is yes to all questions but I am only guessing and gambling on gut feelings.
That's "stepping out" dealt with which is tricky because the veins are "vertical" and the drill holes need to be inclined. You can see that proving up a resource in a vein system is quite an expensive challenge. Inferred is OK, indicated is not so easy however proving reserves is quite a challenge.
Here is what Wilkipedia say:
"Mineral resources
Mineral resources are those economic mineral concentrations that have undergone enough scrutiny to quantify their contained metal to a certain degree. None of these resources are ore, because the economics of the mineral deposit may not have been fully evaluated.
Indicated resources are simply economic mineral occurrences that have been sampled (from locations such as outcrops, trenches, pits and drillholes) to a point where an estimate has been made, at a reasonable level of confidence, of their contained metal, grade, tonnage, shape, densities, physical characteristics.
Measured resources are indicated resources that have undergone enough further sampling that a 'competent person' (defined by the norms of the relevant mining code; usually a geologist) has declared them to be an acceptable estimate, at a high degree of confidence, of the grade, tonnage, shape, densities, physical characteristics and mineral content of the mineral occurrence.
Resources may also make up portions of a mineral deposit classified as a mineral reserve, but:
Have not been sufficiently drilled out to qualify for Reserve status; or
Have yet to meet all criteria for Reserve status "
Arian is drilling on a 100m interval in general and on a 50m interval in interesting areas. These are plan dimensions and later we may have to drill deeper to extend the resource to lower levels. We will look at this in later posts and have a look at past competent person reports. Don't expect too much in the highest categories however thats the nature of vein exploration.
Some might say lets drill deeper, "stepping down", would that further increase the resource and I would have to say yes it could and in the high grade shoots it will happen anyway as the miners chase the ore. That could easily add 50 or 100% to the resource; you get the drift!
Mova, I hope you are reading this as I would ask you to have a look at Norseman Gold NGL, because I want you to make a little money so you can "turn blue" and then no one can ban you from any of the BB's here. There are many similarities between NGL and AGQ, they both have technically brilliant CEO's, also CEO's with personality and a sense of humour, they lead dedicated teams, I always ask staff what's he like to work for?
AGQ and NGL both mine veins, they both have resources however struggle to build reserves due to the vein issue. They both demonstrate SP volatility. Is this good or bad; well actually on reflection, it's good because we can jump in and out of Norseman now as it's a full blown producer.
I was first in NGL at 35p and got out at 60p, back in at 36p and back out at 75p and yes now its back to 37p I am back in for the third time. The difference this time is I made one or two suggestions to the CEO and although NGL is back at 37p their brokers target is now 167p however I will settle for 150p. Read how Norseman's strategy has changed and why they now have stronger potential and ask whether similar issues could apply to Arian.
niceonecyril
- 11 Apr 2011 08:45
- 64 of 111
Arian Silver Announces Progress Update at San Jose; Increase in Concentrate Grade and New Laboratory Now
Operational
LONDON, ENGLAND--(Marketwire - April 11, 2011) - Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a
focus on projects in the silver belt of Mexico, is pleased to report an update on operational activities at its
100%-owned San Jose Property in Zacatecas State, Mexico.
Highlights:
/T/
-- Laboratory installed and operational at San Jose;
-- Increase in milling efficiency due to addition of impact crusher;
-- Recent increase in concentrate grade;
-- Approximately 200 tonnes of silver bearing concentrate with a composite
grade of around 550 ounces per tonne produced so far; and
-- Further development work to access additional mining areas under way.
/T/
Commenting on today's operations update, Arian's Chief Executive Officer, Jim Williams, said:
"We are pleased to report further progressive news with the installation and commissioning, on-site at San
Jose, of our fully equipped semi-mobile laboratory, comprising sample preparation, wet-chemistry and fire-assay
facilities. Our laboratory, which will be independently managed by personnel from the Stewart Group, will
significantly speed up the analysis of our exploration samples.
"Furthermore, fine-tuning of both the mining and milling operations is progressing well. Approximately 200
tonnes of silver concentrate have been produced to date at a concentrate grade of well over 500 ounces of
silver per tonne. Recent mill improvements have started to significantly improve the grade of the concentrate
we produce and the additional mine development work we are now undertaking will allow access to more mining
areas in due course."
The laboratory comprises a comprehensive sample preparation facility, a fire assay laboratory and a wet-
chemistry laboratory with Atomic Absorption Spectrometry ("AAS"). The laboratory, 100% owned by Arian, will be
under the sole control and operational management of professional personnel from the Stewart Group(i) in order
that results are fully compliant with Arian's strict quality assurance and quality control (QA/QC) programme.
(i) Stewart Group Geochemical & Assay Division (the "Stewart Group")
An impact crusher has successfully been added to the crushing circuit of our custom mill, to enable finer
grinding of material prior to flotation; this has significantly increased the grade of concentrate produced in
recent weeks. Tests continue with various reagents to further improve recoveries, which currently are in the order of 80%.
niceonecyril
- 27 Apr 2011 07:32
- 65 of 111
pumben
- 06 May 2011 22:38
- 66 of 111
Tipped in investor chronicle this weekend, explains the bounce today, long may it continue
niceonecyril
- 31 May 2011 07:18
- 67 of 111
niceonecyril
- 03 Jun 2011 07:41
- 68 of 111
San Jose Custom...
FOR: ARIAN SILVER CORPORATION
TSX VENTURE, AIM, PLUS SYMBOL: AGQ
FRANKFURT SYMBOL: I3A
June 3, 2011
Arian Silver Progress Update on San Jose Custom Milling Operation Theft of Silver Concentrate
LONDON, ENGLAND--(Marketwire - June 3, 2011) - Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a
focus on projects in the silver belt of Mexico, today announced a progress update on its San Jose custom
milling operation.
On 31 May 2011, the Company reported a small operating loss for its San Jose mining and milling operation for
the first quarter of 2011. During the period under review several improvements were required as detailed in the
31 May announcement; however, recoveries at the mill were still lower than anticipated. A subsequent
investigation revealed the recent theft of approximately eight tonnes of silver-bearing concentrate from the
mill and, furthermore, this was not an isolated incident as the ongoing investigation by the Mexican
authorities indicates previous thefts occurred during the same quarter.
It is alleged the theft was organised by an individual employed by the plant operator. This individual has been
replaced. Security at the mill is the sole responsibility of the mill operator and so are any liability issues.
The Company is fully cooperating with the ongoing investigation and several measures to improve security and
the overall efficiency of the milling operation are already in place which should mitigate any reoccurrence.
Arian's Chief Executive Officer, Jim Williams, commented today; "Whilst the discovery of the theft of this
concentrate is disappointing news, it does highlight one of the contributing factors to the lower than expected
recoveries of silver concentrate during the first quarter reporting period. We were already concerned about
inconsistencies between plant and smelter assays which was evidenced during the reconciliation process during
this critical start-up period. Now that we have identified and halted this specific security breach and
implemented a number of plant improvements we anticipate that our mill recoveries will improve."
About the Company
Arian is a silver exploration and development company and is listed on London's AIM; trades on London's "PLUS"
market; is listed on Toronto's TSX Venture Exchange and on the Frankfurt Stock Exchange. Arian is active in
Mexico, the world's second largest silver producing country. The Company's main project is the San Jose project
in Zacatecas State. Part of Arian's forward-looking strategy lies in the envisaged use of large scale
mechanized mining techniques over wider mineralized structures, which reduces the overall unit operating cost
of metals, and to build up NI 43-101 compliant resources.
Further information can be found by visiting Arian's website: www.ariansilver.com or the Company's publicly
available records at www.sedar.com.
Forward-Looking Statements
This press release contains certain "forward-looking statements". All statements, other than statements of
historical fact, that address activities, events or developments that the Company believes, expects or
anticipates will or may occur in the future (including, without limitation, statements regarding the contract
mining and milling operation at the San Jose Project (the "SJ Mining Operation") and the ability of the Company
to improve recoveries from plant improvements from the SJ Mining Operation) are forward-looking statements.
These forward-looking statements reflect the current expectations or beliefs of the Company based on
information currently available to the Company. Forward-looking statements are subject to a number of
significant risks and uncertainties and other factors that may cause the actual results of the Company to
differ materially from those discussed in the forward-looking statements, and even if such actual results are
realized or substantially realized, there can be no assurance that they will have the expected consequences to,
or effects on the Company.
Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking
statement, whether as a result of new information, future events or results or otherwise. Although the Company
believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking
statements are not guaranteed of future performance and accordingly undue reliance should not be put on such
statements due to the inherent uncertainty therein.
pumben
- 13 Jun 2011 23:53
- 69 of 111
where is this heading, any thoughts ? taking a hammering at the moment.
niceonecyril
- 15 Jun 2011 10:39
- 70 of 111
My thoughts are it's general market sentiment(sell in may,buy after St Ledger Day?),many of miners are down but AGQ has suffered alot more due ti the theft of there resources?If the resource turns out to beis as big as exoected then surely in time the sp will recover and this seems to be backed up by the recent purchase of a Director?
http://www.investegate.co.uk/Article.aspx?id=20110614104138M7302
niceonecyril
- 27 Jun 2011 07:27
- 71 of 111
Shame the price of Silver has fallen?
June 27, 2011
Arian Silver Reports Wide High-Grade Silver and Base Metal Intercepts
LONDON, ENGLAND--(Marketwire - June 27, 2011) - Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a
focus on projects in the silver belt of Mexico, today announced a progress update on its San Jose exploration.
Highlights:
-- Phase-3 drill programme completed and all assay results received;
-- Multiple high-grade silver intercepts on the San Jose Vein west of the
village of Guanajuatillo, including one intercept totaling more than 20
metres true width;
-- Mineralisation remains completely open along the western strike and to
depth;
-- Phase-4 drill programme started; and
-- Independent resource estimate update currently in progress.
Commenting on today's operations update, Arian's Chief Executive Officer, Jim Williams, said:
"The drill results announced today not only show continuity of vein thickness and grade as we explore west
along the San Jose Vein but also show several wide high-grade silver and base metal intercepts. These results
complete our Phase-3 drilling programme and will be incorporated into the independent resource estimate that is
currently in process. We have now started a Phase-4 drill programme with the main aim to drill in detail the
entirety of the San Jose Vein on our concession and as well as additional previously defined targets that are
parallel and sub-parallel to the main vein structure."
Drilling continues with the recently started Phase-4 programme for which 40 drill holes are currently planned.
The Phase-3 drill programme, which was completed after drilling a total of 10,224 metres for 44 holes was
concentrated in the areas between Solidad and Santa Ana (8 holes) and east and then west of the village of
Guanajuatillo (36 holes). This programme, which was concluded some two kilometres east of the western boundary
of the concession, confirms the continuation of silver (Ag), lead (Pb) and zinc (Zn) mineralization in a
westerly direction. Selected intercepts to note from the final batch of the Phase-3 drilling include:
-- Hole GW-11-019 comprising 4.81 metres with 334 g/t Ag.
-- Hole GW-11-029 comprising 2.27 metres with 319 g/t Ag.
-- Hole GW-11-032 comprising multiple intercepts including:
-- 6.91 metres with 251 g/t Ag;
-- 6.26 metres with 625 g/t Ag, 2.50% Pb and 3.25% Zn; and
-- 9.24 metres with 349 g/t Ag, 5.58% Pb and 12.40% Zn.
-- Hole GW-11-034 comprising multiple intercepts including:
-- 3.93 metres with 338 g/t Ag;
-- 2.09 metres with 625 g/t Ag; and
-- 3.93 metres with 283 g/t Ag.
-- Hole GW-11-036 comprising 1.22 metres with 224 g/t Ag, 5.60% Pb and
2.63% Zn.
A complete list of all the latest batch of assay results can be obtained via the following link:
http://www.ariansilver.com/i/pdf/2011-06-27_RNS27_DHT.pdf
A plan map showing the location of the latest drill holes along the San Jose Vein can be found via the
following link:
http://www.ariansilver.com/i/pdf/2011-06-27_RNS27_LP.pdf
Currently, Phase-4 drilling is concentrating west of the previous drilling and will comprise a combination of
step-out and in-fill drilling. Further in-fill drilling is planned to the east of the village of Guanajuantillo
and also on parallel and sub-parallel vein-hosted mineralisation.
QA/QC
All technical information for the San Jose Project is obtained and reported under a formal quality assurance
and quality control (QA/QC) programme. The core is logged and photographed by Arian staff and then split using
a diamond saw. Half the core is stored on-site in a secure core shed and the other half is labelled, bagged and
secured before transporting to Stewart Group's sample preparation facility in Zacatecas, Mexico. Each sample
has its own unique sample number. The entire half-core is crushed to minus 10 mesh and a half kilogram riffle
split is pulverized and homogenized to minus 200 mesh. The pulp samples are then air freighted to Stewart
Group's analytical laboratory in Canada for analysis. Systematic assaying of duplicates, blanks and certified
reference material is performed for precision and accuracy; quality procedures and processes are continually
reviewed and monitored with protocols in place to deal with any non-conformity. Stewart Group's laboratories in
Zacatecas, Mexico, and Kamloops, BC Canada are ISO 9001:2000 accredited.
Approximately 5% of the analysed samples are re-sampled and sent to ALS Chemex preparation facility in
Guadalajara, Mexico. The samples consist of both coarse reject samples as well as pulp samples. The coarse
material is crushed and pulverised according to the same protocol, and the pulp samples are air freighted to
ALS Chemex's analytical laboratories in Vancouver, Canada, for analysis. Results from all duplicate analyses
are compared to identify potential analytical or sampling errors.
Stewart Group and ALS Chemex Laboratories are independent of Arian.
The samples were analysed for a multi element scan by aqua regia digestion and ICP (inductively coupled plasma)
finish. High-grade samples (greater than 200 g/t Ag) were re-analysed by fire assay with a gravimetric
niceonecyril
- 27 Jun 2011 07:33
- 72 of 111
pumben
- 08 Jul 2011 23:32
- 73 of 111
excellent rise over the last 2 weeks, good silver reserves to be announced ? any thoughts ? may take a backward step after poor US numbers ?
niceonecyril
- 09 Jul 2011 08:36
- 74 of 111
I take a longer term view,an article whitch might help. I also like to think that PM's are a good hold in the present climate?
http://www.proactiveinvestors.com.au/companies/news/17586/physical-silver-to-rule-17586.html
niceonecyril
- 09 Jul 2011 08:50
- 75 of 111
niceonecyril
- 11 Jul 2011 05:28
- 76 of 111
niceonecyril
- 20 Jul 2011 07:11
- 77 of 111
July 20, 2011
Arian Silver Announces Significant Increase in Mineral Resources at San Jose
LONDON, ENGLAND--(Marketwire - July 20, 2011) - Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a
focus on projects in the silver belt of Mexico, today announced the results of its updated Canadian National
Instrument (NI) 43-101 mineral resource estimates for its 100% owned San Jose Property, located in Zacatecas
State, Mexico. The updated mineral resource estimates have been independently supervised by Mr. Malcolm Titley,
BSc, MAIG, Principal Consultant, CSA Global (UK) Limited.
Highlights:
-- 86% increase in resource tonnage along the San Jose Vein (SJV) from the
August 2008 mineral resource estimate, a copy of which is available under
Arian's SEDAR profile at www.sedar.com;
-- 10% higher average silver grade;
-- 105% increase in contained silver, and;
-- 34% of gross silver mineral content now in the indicated category.
-- Mineral resource estimates based on all Phase-1, 2 and 3 drill holes (152
drill holes totaling over 28,000 metres);
-- Mineralisation remains completely open along the western strike and to
depth, and;
-- Phase-4 drill programme underway with 5 holes for 1,745 metres completed
so far.
The in-situ resources comprises 8,000,000 gross tonnes in the indicated mineral resource category, containing
30.03 million (M) ounces (oz) silver (Ag), 69.9 M pounds (lbs) of lead (Pb) and 126.6 M lbs of zinc (Zn) at an
average grade of 117 g/t Ag, 0.40% Pb and 0.72% Zn; and 17,000,000 gross tonnes in the inferred mineral
resource category, containing 58.42 M oz Ag, 140.1 M lbs of Pb, and 291.1 M lbs of Zn at an average grade of
107 g/t Ag, 0.37% Pb and 0.78% Zn.
Commenting on today's operations update, Arian's Chief Executive Officer, Jim Williams, said:
"Today's updated mineral resource confirms the potential for large scale silver mining at San Jose. Overall
contained silver has increased by over 100% from the Company's resource estimates from August 2008, and with
some 34% of the resource now in the indicated category. As previously announced there are several wide
intercepts of high grade silver and base metal mineralization within the existing SJV resource envelope, which
remain to be fully quantified. Almost 3 kilometres of westerly SJV strike and over 2 kilometres of strike to
the east remain to be drilled and we still have a number of additional targets to drill within the property.
For example, a second vein to the south, the Bety Vein, is parallel with the SJV and surface samples have
returned grades of up to 500 g/t of silver. We believe this vein also has potential to contain significant
silver mineralization. In addition, stockwork-style mineralization also remains largely untested within the
property and the SJV itself has only been drilled to approximately 250 metres depth and remains open in this
domain as well as to the west and east.
We believe the San Jose Project still has much more upside to offer and we have already begun a Phase-4 drill
programme to continue evaluation of the various untested mineral systems."
Update on Phase-4 drill programme
Drilling continues with the Company's recently started Phase-4 programme where forty drill holes are currently
planned. The Phase-3 drill programme, which was completed after drilling a total of 10,224 meters for 44 holes
was concentrated in the areas between Solidad and Santa Ana (8 holes) and east and then west of the village of
Guanajuatillo (36 holes).
The updated mineral resource estimates are summarized in the table below, and a schematic plan showing the
location of the updated resources in relation to the San Jose Vein strike is available at the link provided
below:
http://www.ariansilver.com/i/pdf/SJ_Schematic.pdf
San Jose Mineral Resource Estimate
Full article added to the header.
pumben
- 20 Jul 2011 20:38
- 78 of 111
great RNS but SP drops like a stone, thought this would continue the rise to 50p but looks like it going to go in the opposite direction. Disappointing but just have to wait another few months !
pumben
- 15 Aug 2011 17:16
- 79 of 111
Interims out next week, shares recovering, silver price increasing and yet this share continues to struggle. 30p appears to be resistance ! Any thoughts of what we might expect next week ?
pumben
- 24 Aug 2011 18:30
- 80 of 111
hmm, reasonably good RNS, silver going up and yet the SP not reacting postively, really struggling, what is it going to take to get this going !!
niceonecyril
- 28 Aug 2011 12:13
- 81 of 111
pumben
- 28 Aug 2011 19:57
- 82 of 111
so niceonecyril, what are yur thughts on this particular company regarding the SP over last quarter end interim updates ?
niceonecyril
- 29 Aug 2011 09:16
- 83 of 111
For me the story is of a longer term,so i hold patiently.With depleting silver resources,coupled with AGQ proving up it's hugh potrntial(funded by early production)i'm quite happy to sit and wait.The market is dreadfu and until it's sorted who knows
short term?
pumben
- 29 Aug 2011 19:35
- 84 of 111
thanks
niceonecyril
- 01 Sep 2011 09:54
- 85 of 111
niceonecyril
- 23 Sep 2011 10:04
- 86 of 111
niceonecyril
- 24 Oct 2011 13:06
- 87 of 111
niceonecyril
- 24 Oct 2011 14:15
- 88 of 111
niceonecyril
- 31 Oct 2011 07:07
- 89 of 111
pumben
- 31 Oct 2011 09:16
- 90 of 111
where do we think the SP wil lgo now, Q3 reports sounds positive and indicates enough funds for working capital. Compared to other mining companies it appears to be in better shape but SP keeps struggling, is that because of he overall market. Also what chances of Fresllino of pouncing, could it happen after the last set of drilling results ?
Thoughts ?
niceonecyril
- 29 Nov 2011 16:17
- 91 of 111
niceonecyril
- 16 Jan 2012 08:19
- 92 of 111
pumben
- 24 Feb 2012 17:46
- 93 of 111
This has been climbing nicely of late. Anyone aware of any imminent news !
niceonecyril
- 12 Mar 2012 09:07
- 94 of 111
pumben
- 28 Apr 2012 12:58
- 95 of 111
any view on the sudden jump towards the end of the day ? and 1 big buy also
pumben
- 30 Apr 2012 19:37
- 96 of 111
another good rise today and extremely large volumes for the last 2 trading days, takeover possible ?
niceonecyril
- 29 May 2012 07:56
- 97 of 111
niceonecyril
- 22 Aug 2012 08:49
- 98 of 111
niceonecyril
- 29 Nov 2012 22:24
- 99 of 111
niceonecyril
- 19 Feb 2013 09:20
- 100 of 111
niceonecyril
- 19 Feb 2013 18:17
- 101 of 111
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/2/10_Eric_Sprott_-_Expect_%24200_Silver_As_Financial_System_Implodes.html
The beauty of silver of course is there is not much inventory in the world. The buying at the Mint, as a proxy, suggests that people are putting as many dollars into silver as they are putting into gold.
So they are buying 50 times more silver than gold.
The piece we did a couple of months ago suggested that for investment purposes you can only buy about 3 times more physical silver than gold. Well, if you are buying it at 50 to 1, and I see it in our Trust issues that we have, we’re buying 50 times more silver which is an absolute impossibility (to sustain), I think silver will by far outperform gold. And needless to say I’m incredibly bullish on gold, so I’m sure we’ll be seeing $100 and $200 prices for silver.”
niceonecyril
- 19 Feb 2013 18:39
- 102 of 111
Morigam
- 17 May 2013 10:10
- 103 of 111
... their ceo talks about the silver market/arian silver's view:
video and slides
squirrel888
- 12 Jun 2013 04:53
- 104 of 111
Morning fellow AGQers,
I have been recommended to pop over to this site as there doesn't seem to be silly rules like posting links and then having them meddled with as has started to happen on advfn.
Seem to have some positive posters here & I'm happy to share articles related to silver.
WStirrup
- 12 Jun 2013 13:55
- 105 of 111
Me too... :¬)
W.
squirrel888
- 15 Jun 2013 12:37
- 106 of 111
"Given the mining industry is currently in what may be considered a tailspin and access to capital for junior miners highly restricted, I consider it far more valuable that Arian’s Management allocate their time and efforts on advancing discussions for the financing of the custom mill and next phase of drilling as they are presently doing. There will always be various individuals intent on hurting companies but given that there is no set standard for managing such press, it is simply much better in Arian’s case that Management keep their focus on growing the Company into a mid-tier silver producer.
I indicate that every shareholder of Arian Silver is valued and communication from them welcomed. I do not believe that we have corresponded before and so wish to convey that I remain available to you to answer any concerns or questions that you may have on Arian. Please therefore do not hesitate to contact me again as and when you may wish to do so."
Juliet Heading
Sr. Account Manager
CHF Investor Relations
squirrel888
- 18 Jun 2013 06:47
- 107 of 111
Courtesy of Gaz
AGQ have over 120moz silver........
niceonecyril
- 25 Aug 2013 08:35
- 108 of 111
squirrel888
- 01 Sep 2013 06:41
- 109 of 111
Looks like silver is entering a bull run which will last until Spring next year.
Should be good for AGQ.
niceonecyril
- 28 Nov 2013 08:00
- 110 of 111
rekirkham
- 09 Jun 2014 10:48
- 111 of 111
.