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| | |   Arian has conducted preliminary scoping studies on a number of silver tailings projects and is in negotiations to acquire productive properties with a view to generating positive near-term cash-flow. Capital cost for similar operations elsewhere in the Mexican silver belt are in the region of US$2 million. If metallurgical tests using sodium or potassium thiosulphate show similar results to previously tested material, a 70% recovery rate can be achieved over 5 days.
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