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Ariana encouraged by initial exploration success at Hot Gold Corridor

Ariana's first pass at the Hot Gold Corridor has yielded some interesting results, and more exploration work is already underway
molten metal
The Hot Gold Corridor is named after Hot Maden, four kilometres to the south

Ariana Resources plc (LON:AAU) has completed an initial exploration programme across the Hot Gold Corridor within its wholly-owned Salinbas gold project in Turkey.

The Hot Gold Corridor is named after the 4 mln ounce Hot Maden deposit located approximately four kilometres south of the project licences.

WATCH: Ariana Resources batting away interest in Salinbas while exploration work continues

Several high-priority geochemical targets have now been identified which show potential for further "Salinbas-type" epithermal mineralisation and/or systems related to copper-gold porphyries. 

Within those, Ardala North target has been prioritised for immediate work as it demonstrates significant multi-element anomalism and the potential for gold-silver mineralisation.

But there is also potential for additional zones of mineralisation on zones between Hizarliyayla and Salinbas. 

READ: Ariana exceeds production forecast at Kiziltepe

Project-scale geological mapping and Phase Two pXRF geochemical sampling has now commenced, with several new target zones already confirmed.

"These exciting initial results confirm our understanding of the potential of the Hot Gold Corridor to contain significant gold and base-metal dominant mineralised systems,” said Ariana managing director Dr Kerim Sener. 

“In particular, the Ardala North target, covering an area of 1.5 x 0.5 km, now represents one of the most strongly and consistently anomalous areas for copper, lead and zinc within the project, with significant potential for coincident gold and silver.” 

 

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Ariana Resources plc Timeline

Newswire
April 09 2018

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