AIM: AGQ TSX-V: AGQ Frankfurt: I3A - Arian Silver Corporation

AIM: AGQ
TSX-V: AGQ
Frankfurt: I3A

Company Profile
• Precious and Base Metals in Mexico
• Brownfield assets – advanced stage or former producers
• Three Main Assets
• Tepal Au – Cu porphyry has 2 Million oz Au potential + > 0.5 Billion lbs
Cu
• San Jose Mine is former producer with near-term production potential
• Calicanto – Bonanza grade silver with gold and base metals
• 43-101 reports due year end 2007
• Targeting underground projects, which may use mechanised
mining techniques (Load-Haul-Dump), and open pit projects
• Working with the Endeavour Group in North America and Dragon
Group in London, UK
* as at 4 th September 2007

Directors/Management
JIM WILLIAMS, President and Chief Executive Officer
- geologist with > 20 years experience
- - put silver operation in production (in Mexico) – on time and on budget
- TONY WILLIAMS, Chairman
- - Chairman of the UK-based Dragon Group, a venture capital consortium
JAMES CROMBIE, Non-Executive Director
- mining engineer with over 25 years experience including management
- former CEO of PJO (TSX-V) - acquired by Coeur d’Alene Mines for >$1 billion
DAVID COHEN, Non-Executive Director,
- President and CEO of Northern Orion Resources Inc.
JAMES CABLE, Chief Financial Officer
- has significant international and commercial experience in several sectors
TOM BAILEY, Non-Executive Director
- solicitor; worked with Citibank and Chase Manhattan.

Location in Mexico
Tepal
In the heart of the Mexican Silver Belt

Arian’s Portfolio of Brownfield Sites
… initial focus on San Jose and Calicanto
Zacatecas
• Calicanto Group
• Los Campos
Ojo Caliente
• San Jose
• San Celso
• Donovan 1
• Donovan 2
• Africana
• Navidad
Sombrerete
• Reyna Victoria
Total area: ~8,300 ha
Major roads

• Former producer
• ceased operations in 2001 when silver was < $4.50/oz
• > 2 million tonnes of ore mined averaging 250g/t silver with
base-metal credits (Zn & Pb)
• Near term production potential
• existing underground workings have high Zn & Pb values
• Low-cost, mechanized mining – good minimum widths
• Exploration potential
San Jose Project
• >12.5 km western extension of main San Jose vein
• ~ 1 km eastern extension of main San Jose vein
• 2 new silver discoveries at surface from recent exploration
• Property not previously explored by modern systematic
methods

San Jose Exploration
• Phase 1: 7,500m (extended from 5,000m) drill programme began
in May 2007 to explore: -
(1) near surface and vein extension targets along the western and
eastern portion of the San Jose Vein (SJV), and
(2) wider-zone surface and near-surface mineralisation associated
with both stock-work and skarn-type geological structures.
- drill rigs operational 24 hours per day.
- >> US$100 insitu rock value delineated by on-going drilling
programme based on Ag-Zn-Pb values.

San Jose – Exploration Targets
View over San Celso project area
New Surface Discovery
Follow up Drilling
>12.5 km
Big Exploration Upside
on San Jose Vein
Previous Mining
2.2 million tonnes @
> 250 g/t Ag
+ Pb + Zn
Skarn
Mineralization

TEPAL PORPHYRY Au-Cu DEPOSIT
… making BIGGER an existing asset
•Historical Resource
• 1.2 Moz Au
• 430 Mlbs Cu
87 Drill-holes (12.6Km)
open at depth and along
strike
Arian has optioned 100%
exclusive option
Total area: ~14,500 ha

Tepal Deposit
• Phase 1: 4,500m drilling program started April 2007
- drill rigs on site, operational 24 hours per day
• Exclusive option for 100% of the Property (with 2.5% NSR)
• Previous exploration for copper and gold by Inco, Teck and Hecla
between 1971 and 1991
• Historical resource of 1.2M oz Au* and 430 M lbs Cu* based on 87
diamond and R/C drill holes (12.6Km)
• Excellent potential to expand known resource zones – both at depth
and laterally
*not (currently) NI 43-101 or JORC compliant

Geochemical contour map of Tepal Property
(original 1,500 ha concession area only)
North Zone
Resource Area
North Zone
Exploration Targets
South Zone
Resource Area
A large (3km
x 2km)
Au and Cu
geochemical
anomaly
with
numerous
un-drilled
exploration
targets
South Zone
Exploration Target

Selected Drilling Results - Tepal
Hole ID
From (m)
To (m)
Core length (m)
Gold (g/t)
Cu (%)
AS-07-005
0
100
100
0.75
0.30
Inc
76
88
12
1.27
0.55
AS-07-007
0
250.5
250.5
0.53
0.22
Inc
64
100
36
1.01
0.37
AS-07-009
0
150.7
150.7
0.38
0.30
As-07-013
50
185.8
135.8
0.48
0.17
Inc
116
160
44
0.63
0.14
AS07-015
0
180.45
180.45
0.74
0.19
Inc
0
126
126
0.90
0.22
Inc
36
80
44
1.31
0.37

Tepal Peer Group – Au Grades
Project Name
Country
Tonnage (Mt)
Au (g/t)
Cu (%)
Au (M oz)
Cu (billion lbs)
San Martin*
Honduras
15
0.79
0.3
Fort Knox*
Alaska, USA
82
0.74
2.00
Marigold*
Nevada, USA
95
0.70
2.20
Round Mountain*
Nevada, USA
125
0.58
2.30
Copper Canyon
BC, Canada
165
0.54
0.35
2.60
1.30
Alumbrera*
Argentina
144
0.51
0.46
2.30
1.40
Tepal
Mexico
78
0.50
0.25
1.20
0.43
Amacan*
Philippines
116
0.46
0.37
1.60
0.90
Buchim*
Macedonia
150
0.35
0.30
1.50
1.10
Sanchez*
United States
173
0.34
0.32
1.70
1.30
Hushamu
Canada
284
0.32
0.28
2.90
1.70
Borly*
Kazakhstan
94
0.30
0.34
0.80
0.70
Douvrey*
Haiti
230
0.30
0.58
2.00
1.80
Kaputusan
Indonesia
77
0.25
0.33
0.50
0.60
Kyzyltu*
Kazakhstan
66
0.20
0.48
0.40
0.50
* = Producing Mines

Tepal Development Timeline
• Oct - Dec 2007 – drilling ongoing
• Dec 07–Jan 08 – initial 43-101 report to confirm historical resource
• Jan 08 – Spring 2008 – expansion drilling
• Spring 2008 – updated 43-101 resource calculation
• Fall 2008 – Pre Feasibility Study

Calicanto Progress
Calicanto Group
• The Calicanto Group of concessions comprises at least 4 main
mineralised vein systems
• Phase 1: 3,000m drill programme completed in April 2007
• Phase 1 drilling identified bonanza-grade Ag (with Au-Pb-Zn)
mineralization, and identified previously unknown vein systems
• Phase 2 drill programme currently planned to define NI 43-101
compliant silver (and gold) resources
• Two declines are currently being advanced on the Calicanto
(102m) and Buenaventura vein systems (86 m)
• 3,000 T bulk sample collected for metallurgical processing
Drilling at Calicanto

Calicanto Main Vein
HW
OLD HIGH GRADE
WORKINGS
oxides
4m+
sulphides
FW
HW Oxide vein
In places >10 kg/t Ag,
>10 g/t Au over 1.2 m.
ROM bulk sample returned
~400 g/t Ag
FW Sulphide vein
Approx 5 g/t Au, plus Ag

Selected Drilling Results - Calicanto
Drill-hole
True
Thickness
(m)
Ag
(g/t)
Au
(g/t)
Ag
Equivalent
(g/t)
CAL-06-017
4.70
1,054
7.17
1,398
CAL-06-011
6.30
154
6.80
480
CAL-06-001
1.60
409
0.90
452
CAL-06-008
4.50
297
8.54
707
Silver equivalent grade is calculated on the basis of US$12.50/oz Ag and US$600/oz Au

Corporate Targets: 12-15 months
• Q3+Q4 2007: Aggressive drilling campaign at San Jose and Tepal
• Q4 2007: Complete initial NI 43-101 (and JORC) compliant resources
at San Jose, Tepal and Calicanto
• Ongoing: Development of ramps along Calicanto and Buenaventura
vein structures
• Ongoing: Metallurgical Test-work, incl. further bulk sampling at
Calicanto and San Jose
• 2007: Project Evaluation and acquisitions
• 2008/09: Silver production

Invest in Arian Silver
• Experienced team with proven track records in financing and
developing mineral projects worldwide
• 43-101 reports due out on 3 projects by Year End 2007
• Near term production potential at San Jose Mine
• Low cost mining with infrastructure in place
• Tepal porphyry has >2 million ounces gold potential
• Historical resource done by large companies
• Expansion potential at depth and laterally

Evolution of a Successful Mining Company
Resource
Identification
Late Stage
Exploration
Feasibility Study
Arian Silver
Environmental
Planning
Production
Decision
Initial
“Grass-Roots”
Exploration
Title
Confirmation
Financing
Development/
Construction
Initial Production
Property
Acquisition
Depletion
Mature Production/
Expansion

Peer Group Comparison
Company
Shares
Outstanding
(millions)
Share Price
(C$)
Market
Capitalisation
(C$ millions)
43-101
Compliant
Silver
Equivalent
Resources
(million
ounces)
Market
Capitalisation
Per Ounce of
Silver (C$)
MAG Silver
41.1
12.50
510.0
Drilling
-
ECU Silver
233.2
1.80
422.0
92.5
4.56
Fortuna Silver
71.2
2.65
191.7
41.0
4.68
Endeavour
Silver
50.0
3.60
167.3
15.79
10.59
Great Panther
71.4
1.26
89.3
25.7
3.47
Esperanza
Silver
44.7
1.88
83.6
Drilling
-
Impact Silver
43.1
1.32
55.6
Drilling
-
Arian Silver
111.4
0.40
45.0
Drilling
-
As at 4 th September 2007

Corporate Facts
Listings:
Head Office:
• Toronto TSXV-AGQ 43 North Audley St.
• London AIM (AGQ) London, UK
• Frankfurt Bourse (I3A) W1K 6WH
Tel: +44 20 7529 7511
Fax: +44 20 7491 2244
Share Structure:
www.ariansilver.com
• Basic 111 million info@ariansilver.com
• FD 137 million
Investor Relations
North America
Europe
+1-866-898-0825 +44 (0)20 7562 3350
ir@vanguardsolutions.ca
arian@bishopsgatecommunications.com

Arian Silver Corporate Facts
Listings:
Head Office:
-Toronto TSXV (AGQ)
43 North Audley St.
- London AIM (AGQ) London, UK
- Frankfurt Börse (I3A) W1K 6WH
Tel: +44 (0)207 529 7511
Fax: +44 (0)207 491 2244
Share Structure:
www.ariansilver.com
- Basic 111 million info@ariansilver.com
- FD 137 million
Investor Relations contact details:
North America
Europe
+1-866-898-0825 +44 (0)207 562 3350
ir@vanguardsolutions.ca
arian@bishopsgatecommunications.com

Disclaimer
Forward-looking statements are inherently subject to substantial risks
and uncertainties, many of which the Company cannot accurately predict
or control.
Although the Company is persuaded to forecast future events and plans
of the Company for the benefit of its shareholders and prospective
investors, statements containing phrases such as “should,” “probably,”
“likely,” “forecast as,” and other like phrases are subject to change and
therefore should not be interpreted as describing plans or events that will
occur with any high degree of certainty.
Reserves and Resources are based on historical reported data, not JORC
(Joint Ore Reserve Committee) or NI 43-101 compliant.

AIM: AGQ
TSX-V: AGQ
Frankfurt: I3A
Arian Silver Corporation
43 North Audley Street
London, W1K 6WH
T +44 (0)207 529 7511
F +44 (0)207 491 2244
E info@ariansilver.com
www.ariansilver.com