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/

http://www.gotgoldreport.com/2011/02/bullion-banks-get-smaller-in-comex-silver-futures.html#more

Silver through the $30oz.

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.

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.

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 ?

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?

POS now at an all time high $36.31oz,sp responding,just need a positive resource update.

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!

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.

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 ?

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.

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.

AGQ flying on the strength of silver $40+oz?

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.

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%.

http://www.investegate.co.uk/Article.aspx?id=20110427070000M2212

Tipped in investor chronicle this weekend, explains the bounce today, long may it continue

http://www.investegate.co.uk/Article.aspx?id=20110531070004M2422

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.

where is this heading, any thoughts ? taking a hammering at the moment.