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Ariana Resources plc MD encouraged by latest Kepez West drill results

Kerim Sener, managing director of Ariana Resources plc (LON:AAU), says he is “very encouraged” by the results of the latest drilling program at Kepez West.

The firm has found another potential satellite for its Kiziltepe mine in Turkey after unearthing decent gold grades near the surface at Kepez West.

Sener adds that the company is “encountering good quality mineralisation at relatively high grades right from surface – so you could envisage a situation where the area is mined by low strip ratio open pit that wouldn’t need to be much lower than 15 to 20 metres I suspect.”

 
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