Arian is committed to capitalising on sustainable growth opportunities by mining existing silver-rich areas as well asexploring new opportunities. The Company’s current goals include:

• Optimisation of contract milling operations via exclusive use of a toll mill 50kms from the Company's San José mine
• Maintaining contract mining at approximately 500tpd for the current period to satisfy the toll mill
• Acquisition of a bespoke mill enabling greater improvements in mill operations 
• Expanding and upgrading the current resource via further drilling at San José and surface and underground sampling

San José 

The San José project is located 55km southeast of Zacatecas city within the prolific silver belt of Mexico. The property consists of 11 mining concessions totalling approximately 6300ha and is 100% owned by Arian. 

The mineralization at San José is typical of low-to intermediate sulphidation type epithermal veins containing silver and base metals that are found elsewhere in Mexico. The vein structure has a potential strike length of > 10km within the concession area and varies from 3 to 25m in thickness. The average strike of the vein is E-W and dipping  very steeply, from 82° to 85° to both northeast and southwest.

Arian commenced detailed systematic exploration at San José in December 2006 to include surface Induced Polarisation (“IP”) geophysics and trenching, underground and surface surveying, underground sampling, progressing onto four phases of drilling to date for some 38,000 metres.

The most recent NI 43-101 resource was prepared by CSA Global (UK) and published in March 2012, 

Indicated: 8.0 Mt @ 119 g/t Ag, 0.38% Pb & 0.85% Zn (30.61 Moz Ag, 67.02 Mlb Pb & 149.91 Mlb Zn); 

Inferred: 24.5 Mt @ 110 g/t Ag, 0.38% Pb & 0.76% Zn (86.65 Moz Ag, 205.25 Mlb Pb & 410.50 Mlb Zn).

The next drilling programme (Phase 5) is planned to complete another 10,000m to both upgrade the current mineral resource and further delineate additional resources. 

The property has significant infrastructure, including a 4.5x5m main haulage ramp or portal extending more than 4.0km along the San José Vein and a 350m deep, 500tpd vertical shaft with operational hoist. In addition, a number of shallower vertical shafts are located along the San José Vein.

Arian commenced in late 2010 pilot-scale mining at San José on a contract basis, at a rate of up to 500tpd, for 20 days per month (3 x 8hrs shifts). 

Calicanto Group

Arian’s secondary asset is the 100% owned Calicanto Project comprising seven adjacent and contiguous mining concessions comprising  at least four known  mineralised vein systems, over a 75.5ha area, namely: Calicanto, Vicochea I, Vicochea II, Misie 1 and Misie 2, and Missie 1 and Missie 2 properties, collectively known as the "Calicanto Group". These concessions are located within the city limits  of the City Zacatecas and are partly contiguous with Captstone Golds San Roberto Mine concession operated by their Mexican subsidiary, Cozamin SA de CV. The Company is presently deferring capital investment into the Calicanto Project.

President & CEO: Jim Williams

Mr Williams is a geologist with BSc, MSc and DIC degrees in geology and exploration and over 25 years of experience in the exploration and mining industry. He has extensive corporate experience and has been involved with many start-up and evolving companies either as an entrepreneur and/or Board member. He is a Fellow of the UK IMMM, a Chartered Engineer (CEng) and a Chartered Geologist (CGeol). He is also a European Engineer (Eur. Ing.) and a European Geologist (Euro. Geol). 

Chairman: Anthony Williams

Mr Williams is a geologist who has over 35 years of experience in the mining industry, and has been involved with projects in North and South America, Australia, Africa, Europe and the former Soviet Union. He is the founder and Chairman of the Dragon group, a privately owned group of companies focused on mining finance and project management. Prior to this, Mr Williams worked in investment banking and co-founded the Natural Resource Group at Yorkton Securities. He has also held roles in the mining industry, and specialised in mineral valuations and acquisitions. He is currently a director of a number of public and private mining-focused companies.

CFO: John Mayfield

Qualified accountant & MBA with over 20 years’ corporate finance and financial leadership experience for SMEs, and international companies based in the UK and Mexico

Company Secretary: David Taylor

Mr Taylor holds BSc and MSc degrees in computer science & business administration, and corporate governance, and is a Fellow of the Institute of Chartered Secretaries and Administrators (ICSA), a leading authority on governance and compliance. He has over 10 years of experience in senior and managerial company-secretarial roles including at the ICSA, GlaxoSmithKline PLC, and Hiscox Ltd.

Non-executive director: James Cable

Mr Cable has over 30 years of experience as a Chartered Accountant, and has extensive experience as a financial director of a number of public and private companies. His international commercial experience includes sectors such as oil and construction in regions including the Middle East, Far East, Europe and Africa. Mr Cable is also presently Financial Director of an AIM-listed mining company.

Non-executive director: Tom Bailey

Mr Bailey has over 35 years of experience as a solicitor. He previously held roles as an in-house solicitor for Citibank and Chase Manhattan, before establishing his own law firm in London, specialising in commercial law. Mr Bailey now acts as a consultant legal advisor for a number of companies.

Non-executive director: James Crombie

Mr Crombie holds a degree in Mining Engineering from Imperial College, London, and has over 24 years in the mining industry in roles including mining analyst, corporate finance, investment banking, and in the management of a number of gold and diamond projects. He has been CEO of, and presently holds board positions with a number of publically listed mining companies.

The authorised share capital of the Company is unlimited with no par value.

The Company's capital structure as of the date below consists of: 

Major Shareholders

Issued share capital: 318,491,926

Fully diluted: 333,851,926

The Company's major shareholders as of the date below are:

Sprott Asset Management 15.7% 

In accordance with the AIM Rules (Rule 26), in so far as the Company is aware, the percentage of the Company's issued share capital that is not in public hands is 19.6%