Ariana Resources seals expanded JV in Turkey
"This joint venture represents the most significant development in the company's history," said Kerim Sener.
Company
LON:AAU
Ariana Resources is a mineral exploration and development company with an exceptional track-record of creating value for its shareholders through its interests in active mining projects and investments in exploration companies. The company's focus is a +1Moz gold development project in Zimbabwe and has interests in gold production in Türkiye and copper-gold silver and zinc exploration and development projects in Cyprus and Kosovo.
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"This joint venture represents the most significant development in the company's history," said Kerim Sener.
Ariana has a track record of successful gold production in Turkey
Ariana is building a strong track record of operations in Turkey
The company will move to a minority potion at Salinbas and ramp up exploration elsewhere
Ariana has also posted details of the proposed joint venture with Özaltin Holding and with Proccea Construction for which it has already received US$1.5mln in payments
Ariana has built up a track record of successful gold production in Turkey
The company has agreed to sell three Turkish projects, considered to be satellites of the Kiziltepe mine processing plant, to Zenit Madencilik for US$2mln in cash
Ariana has a long track record of operating successfully in Turkey
A snapshot of some of the week's important morning stories
Ariana has a successful track record of gold production in Turkey
Ariana has been producing gold at the Kiziltepe mine for some time now
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A glance at some of the day's highlights from the Proactive Investors newswire
It defines a maiden resource and a significant exploration target containing copper, gold and silver
Ariana has a long track record of successful operations in Turkey
Ariana is in the process of establishing a joint venture with construction group Ozaltin
Ongoing gold production from the Kiziltepe joint venture has been one of the success stories of Aim in recent years
There's rarely a quiet week for the junior mining sector
"We are very pleased with the results of this drilling programme," said managing director Dr Kerim Sener
Archive
Ariana Resources* (LON:AAU) – Kiziltepe remains on track amid strong metal prices Altus Strategies* (LON:ALS) - BUY – 100p, CLICK FOR PDF – Interims Galantas Gold (LON:GAL) – Q2/H1 results reports that a strategic review of the future of th
Ore from the Kiziltepe operation comes with a silver 'credit'