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The Markets
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Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
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The Markets
by Proactive
Proactive UK has moved.
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Gold & silver

Ariana Resources set to exceed production guidance after record-breaking third quarter

The Kiziltepe project continues to deliver for Ariana

Ariana Resources plc (LON:AAU) produced a record 7,588 ounces of gold in the third quarter of 2018, up significantly from the 7,171 ounces produced in the second quarter.

Total ore processed for the quarter was 46,214 tonnes at an average head grade to the plant of 4.43 g/t gold.

WATCH: 'All guns blazing' for Ariana Resources after record quarter at Kiziltepe

The average metallurgical plant recovery of gold for the quarter remains high at 93.9%.

The company will exceed its full-year production guidance of 20,000 ounces of gold, having achieved a total of 19,625 ounces by the end of the third quarter.

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