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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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A snapshot of small cap stories today on Proactive Investors
A follow-up drill programme will begin in July and August,
Some 160 people are now working on site, including 50 from villages and towns in the vicinity.
The price of gold has soared 20% in the first three months of this year, which is handy, as Ariana is set to complete its Kiziltepe mine this year.
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The overall resource is now 195,200 oz gold and 3.15Moz of silver
“The project remains on schedule for commissioning during H2 2016," said managing director Kerim Sener.