Arian Silver discovers two major veins at Los Campos

20th Dec 2016 09:06

(ShareCast News) - Arian Silver Corporation reported evidence of the presence of two major vein systems on its wholly-owned Los Campos project on Tuesday.The AIM-traded company said the discovery followed the completion of the work programme to advance targeted exploration, which was initially announced on 27 October.It owns mineral concessions over approximately 1,500 hectares in the heart of the Zacatecas mining district, which includes the os Campos project.The Los Campos project comprises several concessions centrally located within the Zacatecas mining district where historical production has exceeded 900 million ounces of silver and 9 million ounces of gold.Arian's board said the concession includes the former Los Campos mine and its satellite excavations, and across the project area, evidence of two vein systems has been identified - the San Rafael vein and the Los Campos vein."We are pleased that our preliminary exploration work has identified several high-quality targets at Los Campos, where evidence of the presence of two major vein systems has been identified," said chief executive Jim Williams."The board is confident its exploration properties have the potential to host significant mineralisation."Williams said the company's development plan for the Los Campos project involves rehabilitating a number of the mine shafts to allow it to survey, map and sample the underground workings, which will aid the identification of high quality targets for future drilling."I look forward to providing our shareholders with further updates in due course."