13th May 2016 07:29
LONDON (Alliance News) - Arian Silver Corp on Friday said it has started metallurgical test work at the Noche Buena tailings project in Mexico.
Last week, Arian said it had secured the exclusive right to evaluate the Noche Buena tailings project via a deal with Tierra Nuevo Mining Ltd, the owner of the project.
"We have now initiated our metallurgical sampling programme on the tailings at Noche Buena. Bulk samples are currently being arranged for transportation to Denver, and preliminary results are expected within the next few weeks," said Arian Chief Executive Jim Williams.
"These results will enable us to undertake increasingly precise metallurgical tests to optimise the process flow required for the commercially viable production of gold and silver concentrate," he added.
Arian Silver shares were up 11% on Friday to 1.02 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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