News

June 26, 2008

Arian Silver Has Plenty Of Copper And Gold, As Well As Silver, Down In Mexico

By Rob Davies

You would think a company called Arian Silver exploring in Mexico would be all about silver. But you would be wrong, although not completely. Two of the company’s three projects, San Jose and Calicanto, are focussed on silver, but the third, at Tepal, is a copper-gold play, with a resource of 2.58 ounces in gold equivalent.

Arian's chairman Tony Williams patiently explained to Minews after some confusion, that Tepal is a classic copper-gold porphyry that’s now being re-examined following a 7,200 metre 42 drill-hole programme. Of those, 30 holes hit mineralisation and Tony and his team are now waiting for the assay results to come back so that the current NI 43-101 resource of 78.8 million tonnes at 0.47 grammes per tonne gold and 0.24% copper can be updated.

He’s not at all concerned that those grades are...