Ariana Resources rises following “exceptional” results from Tavsan sampling programme
The company is now planning to work on a revised mineral resource for the project in the second quarter that will be incorporated into its mine plan
Company
Ariana Resources PLC
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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Ariana Resources cruises past production target after strong final quarter
Kiziltepe is part of Ariana’s joint venture with Turkish construction group Proccea
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Ariana has built up a track record of successful production at Kiziltepe
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Proccea has also started a small drilling programme at Salinbas in conjunction with the new partner.
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Under the agreement, Ariana will sell stakes in its Salinbas and Kiziltepe projects, bringing in US$55mln and US$8mln in equity to fund production
Ariana's flagship Kiziltepe mine enjoys a record quarter of gross income
"The third-quarter results from the Kiziltepe Mine continue to build on a very successful year of operations," said Dr Kerim Sener, the managing director of Ariana.
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Ariana hits more high grade gold in drilling at Arzu North
Ariana has established a track record of successful gold production at Kiziltepe
Ariana Resources revenues close to record as production hums at Kiziltepe
"We remain fully on track to deliver against our guidance of 25,000 ounces of gold for the year"
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Ariana's confidence in Kiziltepe increased by latest drilling results
Kiziltepe is part of the Red Rabbit joint venture with Proccea Construction and is 50% owned by Ariana
Ariana Resources acquires Kizilcukur royalty and database in Turkey
“We intend to make use of Dogu as an entity through which we can develop new project opportunities for the company.
Ariana Resources renews licences in Turkey's Hot Gold corridor
The Salinbas project comprises Ardala, Salinbas and Hizarliyayla
Ariana eyes Cyprus as it looks to expand activities
The company has been carrying out due diligence in Cyprus for two years
Ariana Resources sees scope to grow Turkey's Tavsan project
With metallurgical testing nearing completion, a feasibility study and the environmental impact assessment are both expected to be finished in the coming months
Ariana Resources' Kiziltepe mine has another strong quarter
“During the July and August period the gold price is up c.10% and this increase will be reflected in our Q3 results"