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.
Kerim Sener, Managing Director of Ariana Resources, talks to Proactive Investors
Friday, November 04, 2011
Kerim Sener, Managing Director of Ariana Resources (LON:AAU), talks about plans to acquire six or more new gold & silver exploration licences, scope to grow resources at Kiziltepe & Tavsan, progress in north-eastern & south-eastern Turkey, & the first gold pour at Kiziltepe with eight years of production scheduled (Oct 2011).
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