Ariana posted a loss of £663,000 in the half year to June, which included £153,000 for its 50% share of the costs incurred by the joint venture that built and will run Kiziltepe.
First gold-silver was poured in March, with commissioning and production ramp-up ongoing since then.
Gold and silver production during this phase amounted to 1,929oz and 14,519oz respectively.
“The mine has been operational for over two full quarters and production remains in line with management forecasts; reporting of the Q3 2017 operational results will occur during October,” said Michael Villiers, the company’s chairman.
Cash at the period end was £565,000.