Arian Silver Can Boost Silver Recoveries Says Independent Metallurgical Report

LONDON, ENGLAND -- (Marketwire - Oct. 1, 2012) - Arian Silver Corporation (the "Company" or "Arian") (TSX VENTURE:AGQ) (AIM: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 that it has received positive results from an independent metallurgical report as part of its plan to construct and operate a new custom plant and milling facility at its 100% owned San José operation in Zacatecas, Mexico.

The report has been compiled by Maelgwyn Mineral Services Limited ("Maelgwyn"), of the United Kingdom, with support from their subsidiary in the Republic of South Africa. Maelgwyn carried out a series of detailed metallurgical tests under laboratory conditions from samples of run of mine ("ROM") material from the current operational mining areas at San José.

The large (approximately 1 tonne) sample, which was taken from the San José mine's 110 metre ("m") level (110 m below surface), is representative of the current working depth, although it was reportedly partially oxidised in nature. However, recoveries in the order of 80% were still achieved using a process of "Leach-Ox" (direct leaching of the ROM material). The report further suggests there is significant upside potential to improve the recoveries of silver with the addition of flotation within the mill circuit to process the deeper seated, less oxidised / more sulphide rich material.

Arian's Chief Executive Officer, Jim Williams, commented today, "We are very pleased with these detailed, albeit initial, metallurgical results in support of a planned customised milling facility at San José. Test work on the partially oxidised sample, which represents quite a significant portion of the current and past mining plan at San José, has demonstrated that a recovery of 80% is achievable and there is further significant upside on this with the addition of flotation for the more sulphide-rich, deeper seated material."

He further adds, "The permitting process, on the assumption such a facility will be constructed, is progressing well, and no negative sentiment in relation to this has so far been received. The proposed mill site, which has already been purchased, covers some 32 hectares of land and is located approximately 3 kilometres from the main San José portal (ramp) entrance. In addition, not only does the test work to date indicate a substantial improvement in metal recoveries from the previous toll mill but significant cost savings will be made on transportation of the ROM material."

As previously reported it is anticipated Arian will resume trial mining and toll milling very soon at a refurbished toll mill near the City of Zacatecas which is nearing completion.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) and no stock exchange, securities commission or other regulatory authority accepts responsibility for the adequacy or accuracy of this release nor approved or disapproved of the information contained herein.



Contact

Arian Silver Corporation
Berkeley Square House
Berkeley Square
London
W1J 6BD
England

Arian Silver Corporation
Jim Williams
CEO
(London) +44 (0)20 7887 6599
jwilliams@ariansilver.com

Arian Silver Corporation
David Taylor
Company Secretary
(London) +44 (0)20 7887 6599
dtaylor@ariansilver.com

Grant Thornton Corporate Finance
Gerry Beaney / David Hignell
(London) +44 (0)20 7383 5100
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Jon Belliss
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Yellow Jersey PR Limited
Dominic Barretto
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Juliet Heading
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