A press release from the Arian Silver Corp. concerning the San Jose property in Zacatecas State, Mexico, offers the initial resource estimates.
According to the estimates, there are approximately 27.7 million ounces of silver, 64.6 million pounds of lead and 147.5 million pounds of zinc.
The estimates, according to the company comes "from 31 holes drilled to an aggregate length of 4,500 metres (m) and is contained within four currently defined resource blocks along 4 km of the strike of the San Jose Vein (SJV). These blocks currently cover an aggregate strike length of some 1,600 m within the 4 km strike length and extend to a depth of 200 m. The percentage of oxide, transitional and primary material is undefined as part of these preliminary "inferred" estimations."
You can find the plan which shows where the resources are in relationship to the strike here.
The estimate is only in relationship to about 30 percent of the length of the known strike which Arian controls.
Arian's Chief Executive Officer, Jim Williams, said in a statement, "We are very pleased with these initial compliant resources we have so far estimated at San Jose. These resource estimates are only based on approximately 50% of the drill-holes that we have currently drilled at San Jose and therefore only cover a portion within a strike length along the main SJV of some 4 km (out of 12 plus km). We believe we can expand these resources significantly during 2008."
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