Report

Update: US$32m in funding secured from Quintana

Arian has announced that it has raised US$32m to accelerate mine development at San José towards its stated aim of processing 1,500tpd ore, to produce up to 2.5Moz silver per year plus 1,000tpa lead and 3,600tpa zinc in concentrate. This successfully surmounts one of the two largest risks facing junior mining companies today – that of financing. The other risk (of successfully achieving nameplate production) is already somewhat mitigated by San José producing 33.9kt of ore in Q311 (the equivalent of 435tpd).
Underlying
Arian Silver Corporation

Arian Silver is engaged in silver exploration, development and production with a focus on mineral resource properties located in Zacatecas State, Mexico.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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