Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(FRANKFURT:I3A), a silver exploration, development and
production company with a focus on projects in the Zacatecas silver belt of
Mexico, announces that toll milling fully resumed on 16 February 2013.


The toll mill is located 50 km from the Company's San Jose mine in Zacatecas
State in Mexico and is privately owned and operated by Beneficiadora de Jales y
Minerales Juan Reyes SA de CV ("Juan Reyes").


The Juan Reyes mill is newly refurbished, has a maximum capacity of 500 tonnes
per day, and benefits from two separate flotation streams to extract zinc in
addition to lead and silver concentrate. The contract with Juan Reyes gives
exclusive use of the mill to Arian, is renewable by mutual consent and is
initially for the processing of 90,000 tonnes of Run-of-Mine material from the
San Jose mine; this should take approximately six months once the maximum daily
throughput rate is achieved and maintained.


The Juan Reyes mill commenced processing on 16 February 2013 with supervisory
assistance from Arian personnel to help optimise processing to maximise material
throughput and silver, lead and zinc recoveries.


MRI Trading AG, who previously provided partial off-take services while Arian
was using a previous toll mill ("Contracuna Mill"), will now provide 100%
off-take services.


The dispute with the owners of the Contracuna Mill caused toll milling
operations to be suspended in July 2012. Although all amounts owed to Arian by
the owner of the Contracuna Mill have now been repaid, Arian has submitted a
claim for damages, which has been met by a counter-claim by Contracuna, which
Arian believes, has been submitted solely to frustrate the legal process and is
without merit.


Separately, Arian has identified a second-hand processing plant which appears to
be suitable for treating the San Jose ore. The Company will provide an update on
these discussions as they progress.


As previously reported (27 September 2012), the Standby Equity Distribution
Agreement ("SEDA") was agreed for a maximum of GBP 5 million over a 3 year
period. To date, approximately 18% of this facility has been utilised for
continued development and mining work at the San Jose mine and as a contribution
to working capital.


Arian's Chief Executive Officer, Jim Williams, commented today, "The
commencement of processing at the Juan Reyes toll mill once again puts Arian
back into the ranks of silver producers after frustrating delays since mid 2012.
However, as we have previously stated, this new toll mill arrangement, while
providing useful cash flow, should be regarded as only a stepping-stone towards
acquiring our own processing plant. We have now identified such a plant and are
currently in discussions regarding its acquisition, which if successful will
eventually allow greater daily ore throughput from the San Jose mine with
increased efficiencies all round.


We have already established very significant resources of silver, lead and zinc
at San Jose and the proposed acquisition of our own plant will accelerate our
aim of becoming a significant silver producer in the medium term."


FOR FURTHER INFORMATION PLEASE CONTACT: 
Arian Silver Corporation
Jim Williams
CEO
(London) +44 (0)20 7887 6599
jwilliams@ariansilver.com


Arian Silver Corporation
David Taylor
Company Secretary
(London) +44 (0)20 7887 6599
dtaylor@ariansilver.com


Grant Thornton Corporate Finance
Gerry Beaney / David Hignell
(London) +44 (0)20 7383 5100
gerry.d.beaney@uk.gt.com


Yellow Jersey PR Limited
Dominic Barretto
(London) +44 (0)77 6853 7739
dominic@yellowjerseypr.com


XCAP Securities PLC
Jon Belliss
(London) +44 (0)20 7101 7070
jon.belliss@xcapgroup.com


CHF Investor Relations
Juliet Heading
(Canada) +1 416 868 1079 x 239
juliet@chfir.com