Ariana Resources said surface sampling of the of the Karakaya vein on the Kepez project in Western Turkey has identified higher than previously anticipated concentrations of silver.
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Ariana is an AIM-listed and PLUS-traded gold exploration and development company which aims to develop new gold mines in Turkey. Ariana is lead by an experienced board and is spearheaded by a focused Turkish management team. Current resources stand at approximately 400,000 ounces of gold in western Turkey, with two key projects under development: the high-grade Kiziltepe prospect and the heap-leachable Tavsan prospect. An exploration joint venture with European Goldfields (20% shareholders in Ariana) in northeastern Turkey is focused on the Ardala copper-gold porphyry and surrounding areas. Ariana holds a large and prospective licence portfolio from which a pipeline of new exploration targets is being generated for drill-testing utilizing an ‘in-house’ drilling team. Exploration and development success is being delivered via a strategy which integrates geoscientific knowledge and new technologies to identify and advance prospects for drill-testing. Ariana aims to develop a portfolio of licences in western Turkey which contain an aggregate of one million ounces of gold; a target which it is already on the way to achieving.
22/11/11
Ariana Resources said surface sampling of the of the Karakaya vein on the Kepez project in Western Turkey has identified higher than previously anticipated concentrations of silver.
21/10/11
Boss Kerim Sener talks to Proactive as the miner enters a pivotal phase in its development.
10/10/11
Turkey-focused gold miner Ariana Resources said today that it has a “key opportunity” to substantially increase its mineral gold footprint in western Turkey now that licence auctions in the country have been announced.
29/07/11
Ariana Resources is focused in western Turkey, where it wants to develop the Kiziltepe mine for its Red Rabbit project. Yesterday, the company revealed that a geophysical study of the asset has returned positive results.
25/11/10
We speak to Dr Kerim Sener, managing director of Ariana Resources, who updates us on the progress and prospects of the company's Red Rabbit joint venture in Turkey.
24/02/10
One of the first explorers to enter Turkey seeking elephants was AIM-listed Ariana Resources, which since 2005 has been developing the Sindirgi gold project in western Turkey.
27/10/09
Ariana Resources PLC (AIM: AAU) will be developing the Sindirgi and Tavsan gold projects in Turkey in a JV with a domestic partner who has commited to providing US$8 million in financing.
14/08/09
Kerim Sener, Managing Director of Ariana Resources, talks about the company’s first gold production in Turkey, progress at Sindirgi, possible trial mining at Tavsan, the Red Rabbit concept, the possibility of mining 30,000 ounces over a seven-year mine life, and a screaming drilling target.
26/06/08
A transcript of our recent audio interview with Kerim Sener of Ariana Resources - PLUS additional material on earthquake planning, doing business, local stakeholders, licensing, fiscal and environmental regimes in Turkey, and thoughts on another listing.
18/01/08
The concept with the Sindirgi gold project is to develop the prospects that prove to be economically viable into mines, and feed ore from them to a central processing and production centre.
08/08/07
Shares in Ariana are hovering around seven pence, applying a lowly market capitalisation of around £3.3 million. This is typically the valuation one would expect for an early stage grass roots exploration company, which Ariana can credibly argue that it certainly is not!
04/12/06
The primary task of this drilling programme is to confirm previous work carried out at Arzu south and also back up the channel sampling programmes carried out by Ariana. The drilling campaign targeted 5 holes in the southern section, 7 holes in the central section and 6 holes in the northern section, generally with spacing ranging from 20m to 50m between holes.
26/04/06
Relations budget is somewhat small in comparison to larger companies. A company like Ariana is also competing with hundreds of other small cap companies for investor awareness who think they are equally interesting and warrant the attention of savvy investors.