LONDON, May 15, 2017 /PRNewswire/ --
Arian Silver Corporation ("Arian
Silver" or the "Company"), is pleased to announce that a
commissioned research report has been published by Align Research.
Certain highlights from the report are presented below and the full
version of the report is available to download via the following
link: http://www.alignresearch.co.uk/cpt-company/arian-silver/.
Attractive silver and lithium projects at a compelling
valuation
Arian Silver listed on AIM in
2006 and brought the San José silver mine in Mexico back into production. However, low
silver prices led to the mine being handed over to its creditors in
2016. Undaunted, the same team is now broadening the exploration
focus for Arian to become a lithium play.
Outlook
The real focus at Arian has now shifted firmly to the new
lithium interests where the management team sees an opportunity to
build a lithium division of a scale that could be developed as a
standalone business and spun off into its own vehicle.
Impressive management team rebuilding the company
Arian has over 3,000 hectares of mineral concessions which are
highly prospective for silver and lithium in the State of Zacatecas, Mexico. The board has the
experience of proving up a 100 million ounce compliant silver, lead
and zinc resource with the know how to access capital markets.
Good news flow expected from lithium
exploration
Zacatecas is well-known for
silver, but also a good address for lithium. The team has the
expertise to rapidly drive the lithium projects into late stage
exploration, which will push the company neatly up the value curve
to potentially benefit from the high ratings that peer lithium
stocks are enjoying in North
America.
Lithium is one of the biggest metal
growth plays of the decade
Rapid growth in demand for lithium is forecast so that the power
needs of the future can be met. Management is adopting a low risk
approach to the metal, but this does not reflect the true scale of
the potential in Mexico.
Peer analysis valuation suggest upside
of almost 200%
Comparing Arian Silver to select
listed peers on the basis of the quality of its projects and
exploration achievements gives an initial realistic initial target
price of 2.5p per share. We thus initiate coverage of Arian Silver with a Conviction Buy stance.
Contact:
Yellow Jersey PR Limited, Charles
Goodwin / Harriet Jackson,
Tel: +44(0)7747-788-221
SOURCE Arian Silver