Ariana Resources plc (LON:AAU) managing director Kerim Sener described as a “momentous achievement” the first production from the Kiziltepe Mine in Turkey.
The 5.25kg gold-silver doré pour represents the culmination of years of hard exploration work followed by permitting and building the operation.
Kiziltepe is part of the wider Red Rabbit area that Ariana owns with local partner Proccea Construction.
At full tilt the mine will churn out 20,000 ounces of the yellow metal a year.
“As a company, we will remain focused on enhancing our resource base, adding value through further exploration and development work and growing our long-term production profile,” said Sener.
“Our seven-year partnership with Proccea and our proven ability to deliver successfully on our joint goals provides a springboard for our future strategy.
“We look forward to providing shareholders with further updates on our progress during the coming months."