Aquiline Announces XPS Metallurgical Results Confirming High Silver Recoveries at Navidad's Loma De La Plata Zone

TORONTO, ONTARIO, Aug 21, 2008 (MARKET WIRE via COMTEX) -- Aquiline Resources Inc. ("Aquiline" or "the Company") today announced the results of the metallurgical program performed on the Loma de La Plata zone of the Navidad silver project by Xstrata Process Support ("XPS") of Sudbury, Ontario. This program commenced in the first quarter of 2008, and was performed to corroborate and expand upon the metallurgical program results obtained by G & T Metallurgical Services Ltd. ("G & T") which was announced in the second quarter of 2008. Results obtained by XPS support those of G & T in demonstrating that a low mass, high grade silver concentrate can be produced. Rougher concentrates containing up to 39 kilograms of silver per tonne at 85% - 95% recoveries were achieved using simple crushing, grinding and flotation circuits. The final report will be filed on SEDAR and posted to the Company website at www.aquiline.com.

Methodology

Individual samples from 19 diamond drill holes weighing approximately 1,070 kilograms were selected by XPS to develop six variability composites and two main composites on two geometallurgical units defined as the Sulphide and the Oxide zone. Most of the known ore at Loma de La Plata is characterized as low sulphide ore contained in the Sulphide zone, hosted by latites, although the southwest portion of the zone (Oxide zone) is exposed on surface and shows signs of oxidation. The six variability composites were tested to determine open circuit rougher concentrate recoveries and mineralogical characterization, while the two main composites (one Oxide and one Sulphide) were tested for bond work index determination, Falcon Concentrator work, cyanidation testing, reagent exploration and exploratory cleaner tests. No locked cycle tests were performed in this program. This assessment would be considered as Scoping Level.

Results

The head grades of the six variability composites and two main composites are contained in the report filed on the website at www.aquiline.com. A table summarizing these results accompanies this press release.

The following results have been achieved:

- Overall rougher flotation test silver recoveries ranged from 85% - 95%, which is higher than the range of recoveries obtained in the G & T testing, which ranged from 80% - 85%.

- The silver content in the 1st rougher concentrates varied from 2.4 to 39.3 kilograms of silver per tonne of concentrate. Exploratory cleaner tests at XPS achieved concentrate grades consistent with G&T results, (approximately 50 kg/t) albeit at lower overall recoveries. More extensive cleaner testwork at XPS will commence shortly.

- Generally, oxide samples demonstrated lower silver recoveries than the sulphide samples, but higher silver concentrate grades.

- Combined copper and lead values in the rougher concentrate were typically between 10 - 20%, which is similar to the range obtained by G & T.

- Mineralogical analysis indicates that acanthite is the main silver carrier in both the Sulphide and Oxide zones, with stromeyerite being less common, but contributing up to 15% of the total silver deportment.

- Arsenic and antimony levels are most commonly associated with silver bearing tetrahedrite or tennantite, but remain below levels that would typically attract smelter penalties.

- No assays were performed for cadmium, which the G & T results found to be present in the single composite tested for cadmium. However, cadmium was reported as less than 200 g/t in the concentrate, which is considered to be below levels likely to present any concern to smelters.

- Cyanide leaching tests demonstrated silver recoveries ranging from 77.2% to 98.5%, with results strongly correlated to particle size and cyanide concentration in solution.

- A standard Bond Ball Mill work index of 18.2 kWh/ tonne for the Sulphide main composite and 18.9 kWh/tonne for the Oxide main composite was achieved, which XPS interprets as relatively hard.

Damian Spring, Chief Mining Engineer for Navidad, commented "The metallurgy results from XPS are positive, and confirm the high recoveries obtained by G & T in their testing. We are on track to release our scoping study on Loma de La Plata in September, which will give stakeholders a benchmark for the economics that can be obtained by developing Navidad in a phased approach."

The Loma de La Plata zone is estimated to contain 9.1 million tonnes (indicated) at average grades of 226 g/t Ag, or 66 million contained ounces Ag plus 17.3 million tonnes (inferred) at average grades of 159 g./t Ag, or 89 million contained ounces Ag (Snowden Mining Industry Consultants, December, 2007). The average depth of the mineralization has been within 200 metres of surface over a surface area approaching 39 hectares, which is still being expanded with further drilling. The Company is focusing on the development of a simple but pragmatic process flow sheet as a precursor to a Feasibility Study, depending on financing and permitting conditions.

Next Phase Metallurgy Testing

The next stage of test work will include additional bench scale testwork on new Loma de La Plata samples, as well as on samples collected from zones adjacent to Loma, which appear to have similar characteristics. Samples for a pilot plant program are also being collected in a new drilling campaign at Loma de La Plata anticipated to commence in the fourth quarter of 2008.

Under the guidelines of the 43-101 National Instrument, the Qualified Person for the above testing at Xstrata Process Support is Dominic Fragomeni, P.Eng, Engineering Principal. The Qualified Person for the metallurgical program underway at the Navidad Project is Mr. John Wells, Consulting Metallurgist, JAWMETC. Mr Wells has reviewed the technical content of this release.

ABOUT AQUILINE

Aquiline Resources Inc. is an exploration and development company advancing one of the world's largest undeveloped silver deposits (Navidad), as well as a gold/silver deposit (Calcatreu), both in Argentina, and a gold deposit in Peru (Pico Machay).

FORWARD-LOOKING STATEMENTS

This press release includes certain "forward-looking statements". All statements, expressed or implied, regarding future development of the Navidad property, are forward-looking statements that involve various risks and uncertainties, as disclosed under the heading "Risk Factors" and elsewhere in Aquiline documents filed from time to time with applicable regulatory authorities. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
To view Table 19: Sulphide and oxide Flotation Tests Summary results, please visit the following link: http://file.marketwire.com/release/AQI821-TABLE.pdf

Contacts:
Aquiline Resources Inc.
Flora Wood
Vice President, Investor Relations
(416) 599-4133
Email: flora@aquiline.com

Aquiline Resources Inc.
Martin J. Walter
Executive Vice President
(416) 599-4133
Email: marty@aquiline.com
Website: www.aquiline.com

SOURCE: Aquiline Resources Inc.
mailto:flora@aquiline.com
mailto:marty@aquiline.com
http://www.aquiline.com

Copyright 2008 Market Wire, All rights reserved.

Silver News and Reports

Coeur Announces Management Changes at Its San Bartolome Silver Mine in Bolivia

General Metals Management Discusses Results Identified in Interim Report and Continues on the Path to Near Term Production

Silver price boosts profits at miner Fresnillo

Klondike Silver Corp. -- Concentrate Shipments Begin

Pan American Silver (PAAS) NewsBite - PAAS Rises on Higher Silver Futures

Gold and silver bullion mystery

Silver stocks trashed with metal price more volatile than gold

Arian Silver's Exploration Update-San Jose: Phase-1 Drill Results Summary; Phase-2 Drilling Progresses

LONDON, UNITED KINGDOM, Aug 11, 2008 (Marketwire via COMTEX) ----Arian Silver Corporation ("Arian Silver" or the "Company") (TSX VENTURE:AGQ) (AIM:AGQ) (PLUS:AGQ) (FRANKFURT:I3A), the AIM and TSX-V listed silver exploration company with Mexican mineral properties, today announced it has received and tabulated all of the outstanding assay results from the Phase-1 drill programme at its San Jose Project in Zacatecas State, Mexico; while the Phase-2 drill programme is already well underway.

Highlights:

- Phase-1 drilled 11,772 metres (m) in 70 holes with 65 holes intersecting significant silver and base-metal mineralisation;

- Resource zones appear to be open along strike and down-dip;

- Phase-2 drill programme underway with 5,500m completed to date;

- Resource estimation update expected during Q3 2008.

The Phase-1 drill programme has achieved all of its goals to explore for the continuation of known silver zones and potential new areas of mineralisation, aimed at defining preliminary NI 43-101 resources around the San Jose Ramp. Several new veins have been discovered along with areas of stockwork-style mineralisation that the Company is currently evaluating for possible bulk-tonnage mineralisation. The drilling results also indicate that the higher-grade silver zones are open at depth.

Arian's Chief Executive Officer, Jim Williams, stated, "We are progressing extremely well with our systematic exploration of the San Jose Vein. To date we have only explored some four kilometres (km) of the San Jose Vein, which is a relatively small portion of the total estimated strike length, within our concessions, of more than 12 km. We are also encouraged by the discovery of the continuation of high-grade mineralisation adjacent to the historically mined areas. These high-grade zones may represent nearer-term targets for mining."

Appendix 1 sets out details of the complete sets of results from various batches from the Phase-1 drilling programme. Some of these results have been previously reported, as illustrated in the appendix. Highlights from the complete sets of results are as follows:

- 1.9m grading 1057.6 g/t Ag, 0.65% Pb and 1.17% Zn

- 2.4m grading 643.6 g/t Ag

- 2.3m grading 444.4 g/t Ag, 4.11% Pb and 8.81% Zn

- 7.9m grading 346.7 g/t Ag, 0.68% Pb and 1.47% Zn

- 4.8m grading 326.8 g/t Ag

- 2.5m grading 356.9 g/t Ag, 1.96% Pb and 3.45% Zn

- 3.6m grading 330.2 g/t Ag

- 9.6m grading 241.5 g/t Ag, 2.26% Pb and 5.21% Zn

- 10.2m grading 213.1 g/t Ag

- 4.2m grading 269.7 g/t Ag

- 3.4m grading 245 g/t Ag, 1.95% Pb, 2.59% Zn

- 7.25m grading 164.7 g/t Ag, 1.51% Pb and 2.03% Zn

- 50.9m grading 65.7 g/t Ag

- 42.4m grading 81.1 g/t Ag

- 13.4m grading 73.2 g/t Ag, 1.2% Pb and 3.1% Zn

- 2.2m grading 109.0 g/t Ag 2.5% Pb and 7.24% Zn.

The more recent holes from the Phase-1 programme have been collared no more than on 100 metre intervals along strike between the previously demarcated inferred resource areas (see Arian Silver's press release dated 3 March 2008 entitled, "Initial NI 43-101 Resource Calculation at San Jose" available on Sedar at www.sedar.com). The drilling has been designed to further delineate the San Jose Vein and to discover new silver-rich zones.

Arian Silver has submitted all of the Phase-1 drill-hole data to A.C.A. Howe International Limited to update the initial NI 43-101 resource estimation of March this year. The updated resource estimation is expected to be delivered during Q3 2008.

The Company has also completed 25 holes totalling 5,500m of its Phase-2 (12,000m) diamond-drill programme at the San Jose Property. Initial results for the Phase-2 holes are expected later this month. The Phase-2 drill programme is designed to test the San Jose Vein strike further to the west and for infill drilling on 50m or less intervals to gain additional information about metal distribution and controls on mineralisation that can be used to upgrade existing resources.

Additional information, including the collar locations of the drill-holes mentioned in this release, is illustrated in the longitudinal section contained in the following link.

http://media3.marketwire.com/docs/arian.pdf

About the San Jose Project

Arian Silver's 6,200-plus hectare San Jose Property is located in Zacatecas State, Mexico, 55km east of the mining town of Zacatecas, and within the renowned Fresnillo Silver Trend that hosts a number of world-class silver deposits.

Arian Silver Mexico S.A. de C.V., a wholly owned subsidiary of the Company, holds a 100% exclusive option to acquire the San Jose Project. The Project concessions include the past producing San Jose Mine, which was operated by a subsidiary of Penoles from 1973 to 1991 and then by Monarca, which operated the mine between 1993 and 2001. In 2001 the mine closed due to the then prevailing low silver prices.

QA/QC

All technical information for the San Jose Project is obtained and reported under a formal quality assurance and quality control (QA/QC) programme. The core is logged and photographed by Arian Silver staff and then split using a diamond saw. Half the core is stored on-site in a secure core shed and the other half is sampled, bagged and secured before being transported to a preparation facility in San Luis de Potosi, Mexico. The entire half-core is crushed and two kilograms is pulverized and homogenized. 150-gram pulp samples are then air freighted to OMAC's analytical laboratory in Ireland for analysis. Systematic assaying of duplicates is performed for precision and accuracy, with check assays regularly conducted by OMAC. Each sample has its own unique sample number. The laboratories in San Luis Potosi, Mexico and Ireland are ISO 17025 and ISO 9001:2000 accredited.

Approximately 5% of the analysed samples are re-sampled and sent to the ALS Chemex preparation facility in Guadalajara, Mexico. The samples consist of both coarse reject samples and 150-gram pulp samples. The coarse material is crushed and pulverised, and all the pulp samples are air freighted to ALS Chemex's analytical laboratories in Vancouver, British Columbia, for analysis. Results from all duplicate analyses are compared to identify potential analytical or sampling errors.

The OMAC and ALS Chemex laboratories are independent of Arian Silver.

The samples were analysed for 32 elements by ICP (inductively coupled plasma), proceeded by an Aqua Regia acid digestion. High-grade samples (gold greater than 3 g/t and silver greater than 200g/t) were re-analysed by fire assay with a gravimetric finish.

Additional information with respect to the San Jose Project is contained in a technical report prepared by A.C.A. Howe International Limited, dated 15 April, 2008, and entitled "Resource Estimation Study on the San Jose silver-lead-zinc prospect, Zacatecas, Mexico". A copy of this report can be obtained from the Company's page on SEDAR at www.sedar.com.

The "qualified person" (as such term is defined in NI 43-101) who prepared the current resource estimates for the San Jose Project is Mr. James Hogg. Mr. Hogg was at the time an employee of A.C.A. Howe International Limited.

Mr. Jim Williams, Eur Ing, Eur Geol, BSc, MSc, DIC, FIMMM, CEng, CGeol, and Chief Executive Officer of Arian Silver, is a "Qualified Person" as defined in the AIM guidelines of the London Stock Exchange, and a "Qualified Person" as defined in NI 43-101. This press release has been prepared under Mr. Williams' supervision. Mr. Williams has verified the data disclosed by this release (including sampling, analytical and test data underlying the information).

About the Company

Arian Silver Corporation is a silver exploration company listed on London's AIM and "PLUS", on Toronto's TSX Venture Exchange and on the Frankfurt Stock Exchange. Arian Silver is active in Mexico, the world's second largest silver producing country. The Company's main projects are the Calicanto and San Jose projects in Zacatecas State and the Tepal project in Michoacan State. Part of Arian Silver's forward-looking strategy lies in the envisaged use of large scale mechanized mining techniques over wider mineralised structures, which reduces the overall operating cost per ounce of silver, and to build up NI 43-101 compliant resources.

Further information can be found by visiting Arian Silver's website: www.ariansilver.com or the Company's publicly available records at www.sedar.com.

To receive Company news via email, contact mirna@chfir.com and mention "AGQ News" on the subject line.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained in this release.

Forward-Looking Statements

This press release contains certain "forward-looking statements". All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, the mineral resource estimates referred to in this press release and statements regarding exploration results, potential mineralisation, potential mineral resources, future production and the Company's exploration and development plans and objectives) are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, uncertainties relating to the availability and costs of financing needed in the future, changes in commodity prices, changes in equity markets, political developments in Mexico, changes to regulations affecting the Company's activities, foreign currency fluctuations, delays in obtaining or failures to obtain required regulatory approvals, the uncertainties involved in interpreting exploration results and other geological data, and the other risks involved in the mineral exploration and development industry. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

SOURCE: Arian Silver Corporation

Arian Silver Corporation Jim Williams CEO (London)
+44 (0)207 529 7511 Email: jwilliams@ariansilver.com Arian Silver Corporation Fuad Sillem Investor Relations (London) +44
(0)207 529 7511 Email: info@ariansilver.com Bishopsgate Communications Limited Nick Rome (London) +44 (0)207 562 3350 Email:
Nick.Rome@bishopsgatecommunications.com Grant Thornton

Copyright: 2008 Marketwire. All rights reserved.

High Desert Gold Plans to Drill the Bluebird Copper-Silver Property

VANCOUVER, BRITISH COLUMBIA, Aug 11, 2008 (MARKET WIRE via COMTEX) -- High Desert Gold Corporation has awarded a drill contract to begin drilling on its Bluebird copper-silver property in western Montana. The 850 metre drilling program is scheduled to start in late August and is designed to test the continuity of the copper and silver mineralization which has been previously identified by drilling.

The Bluebird copper-silver project is located in Granite County, Montana approximately 25 miles south of Phillipsburg and 30 miles west of Anaconda. The property is a Spar Lake type target with the HDG property position covering a stratabound, primary copper-silver occurrence within the Bonner Formation of the Belt Supergroup. HDG controls 98 federal lode claims through staking and a lease agreement covering over 7,500 metres of strike length of the host stratigraphy.

The property was originally drilled by Anaconda Copper Company ("Anaconda") between 1979 and 1982. Partial information from this earlier drilling was obtained from the Anaconda collection files housed in Laramie, Wyoming. Reports state the results for two of the holes as: 29 metres at 0.88% Cu and 9.3 g/t Ag, including 10.4 metres at 1.68% Cu and 22.7 g/t Ag within diamond drill hole 1, and 19.8 metres at 0.34% Cu and 7.1 g/t Ag, including 6.1 meters at 0.76% Cu and 19.6 g/t Ag within diamond drill hole 2. Both of these holes were drilled in 1979 and are the only two holes for which there are complete results. The Anaconda drill results were released prior to the establishment of the National Instrument 43-101 reporting standards and may not be in compliance with the current standards, therefore may not be reliable and HDG is not relying on these results.

The host rocks are a series of sandstones which are similar to the mineralized beds within the Spar Lake deposits in western Montana. High-grade, primary mineralization consists of chalcocite within the matrix of the sandstone host rock. Secondary mineralization seen on surface consists of chrysocolla, malachite, and turquoise. Several deposits of this type are found in western Montana. They include the following: Spar Lake, Montanore and Rock Creek, all of which have reserves in the 50-100 million tonne range and copper grades in the 0.6-0.8 % range and contain up to two ounces of silver per tonne.

HDG collected 343 soil samples to geochemically define the trace of the host stratigraphy. The results of this work outline a mineralized strike length of 17,700 feet (5,400 metres) with copper values ranging up to 0.06% Cu within the soil. By accurately defining the trace of the mineralized stratigraphy the Company determined that most of the holes drilled by Anaconda would not have intersected the host unit as interpreted by HDG. This work also determined that there are areas showing significant copper values within the soils where no past drilling occurred.

This initial drilling program will consist of a total of 6 diamond drill holes which will determine if the copper-silver mineralization has continuity along strike.
The Company is a mineral exploration company that acquires and explores mineral properties, primarily gold, copper and silver, in North America. The two major properties held by HDG are the flagship Canasta Dorada gold property in Sonora, Mexico, and the Gold Lake porphyry copper-gold-molybdenum property in New Mexico.
The Qualified Person on the Gold Lake property is Randall Moore, Executive Vice President of Exploration, High Desert Gold Corporation and he has reviewed the content of this press release.

Certain statements contained herein constitute "forward-looking statements". Forward-looking statements look into the future and provide an opinion as to the effect of certain events and trends on the business. Forward-looking statements may include words such as "plans," "intends," "anticipates," "should," "estimates," "expects," "believes," "indicates," "targeting," "suggests," "potential," "interpretation" and similar expressions. Information concerning the interpretation of soil samples and drill results also may be considered forward-looking statements, as such information constitutes a prediction of what mineralization might be found to be present if and when a project is actually developed. These forward-looking statements are based on current expectations and entail various risks and uncertainties. Actual results may materially differ from expectations, if known and unknown risks or uncertainties affect our business, or if our estimates or assumptions prove inaccurate. In particular, the Anaconda drilling results contained herein predate National Instrument 43-101 and may not be in compliance with the current reporting standards, therefore may not be reliable and HDG is not relying on these results. Except as required by law, HDG assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason.

Contacts:

High Desert Gold Corporation
Richard Doran
Executive Vice President, Investor Relations
(303) 584-0606
(303) 758-2063 (FAX)
Email: rdoran@highdesertgoldcorp.com

SOURCE: High Desert Gold Corporation mailto:rdoran@highdesertgoldcorp.com
Copyright 2008 Market Wire, All rights reserved.

Investing in Silver - How to Buy Silver Bullion Coins Under Spot

How would you like to buy silver bullion coins at a discount?

I'm going to tell you about a certain type of coins that you can purchase under the spot price of silver.

Yep. Below cost. The type of silver bullion that I'm referring to are 90% silver coin bags.

You'll often hear 90% silver coin bags referred to as 'junk silver' bags. They aren't really 'junk,' though. This term is simply used to describe a bag of circulated silver coins in average condition. These coins are really only valued for their silver content, not their collectible value.

'Junk silver' bags contain coins that were struck in 1964 or earlier, such as the silver Kennedy half dollars, Roosevelt dimes, and Washington quarters. They are comprised of 90% silver. After 1964, the amount of silver contained in coins was reduced to 40%.

Here's the neat part - the 90% silver bags containing dimes or quarters can be purchased through some dealers for as much as 1% under spot! It's like getting silver on sale! How cool is that?

Yes, the coins will look worn, have nicks, scratches, and show their 40-plus year-old- age. However, keep in mind, it's what inside that counts. And these 'junk silver' coins will usually still contain over 99 percent of their silver content.

So which would you rather have? A newly-minted, pristine American Silver Eagle that costs 9% (at current prices) over spot? Or a bag of 90% silver coins that you can buy for 1% under spot? If you buy the bags, you can get 10% more silver! Amazing, huh?

You can purchase 'junk silver' bags very easily online from any of the larger, reputable dealers or from your local coin shop in various sizes and denominations. Or, you can try one of the popular online auctions sites for even greater savings.

Article Source

Investing In Silver Bullion - Should You Buy Silver Bullion Rounds?

Silver bullion rounds are simply another name for silver coins. The term round came about because the silver was shaped into coins and thus was able to be stacked into rolls. This made it convenient for the coins to be handled and shipped. You'll often see them referred to as silver art rounds because they can be purchased inscribed with a variety of designs ranging from commemorative, religious, military, cars, holidays, weapons, animals, presidents, and even Elvis!

Specifications:

You can buy silver rounds in sizes ranging from one ounce to over one hundred ounces. The one ounce variety is the most popular.

Each silver round coin contains one full ounce of pure silver. It has a purity of .999 fine silver. It is not government-backed and has no legal tender status.

Varieties:

Silver bullion rounds are available in both name-brand and generic.
Name-brand silver rounds include the one-ounce private mint produced A-Mark Precious Metals, Wall Street Mint and Sunshine Minting. These silver rounds will display the name or hallmark of the mint that manufactured them.

Generic silver rounds are produced by a variety of small, little-known firms as well as those produced over the years by companies that may or may not still be in business. They typically have a smaller markup than the name-brand silver rounds.

Most Valuable:

Engelhard Silver Prospectors is the one ounce silver round that is most sought after by collectors. It was minted by Engelhard but has not been produced since 1988. This silver round is difficult to obtain and occasionally can be purchased on the secondary market.

Reasons to Buy:

Silver rounds are readily available.They typically sell for a lower premium than government-backed silver bullion coins.The value of the rounds is directly correlated to the current price of silver.Their small size makes them perfect coins for bartering.

Conclusion:

Silver bullion rounds are affordable, easy to store, count, buy and sell. They are an excellent way for the small investor or collector to invest directly in pure silver bullion.

By: Christina Goldman

Article Directory: http://www.articledashboard.com/

And now: you can easily find great deals on pure silver bullion rounds at: bullionbargains.com