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Pin to quick picksAriana Share News (AAU)

Share Price Information for Ariana (AAU)

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Samples From Ariana Resources' Tavsan Project Return Positive Results

Mon, 09th Sep 2019 13:43

(Alliance News) - Ariana Resources PLC on Monday announced positive results from its Tavsan project in Turkey and intends to begin a rock-saw channel programme in September.

The exploration and development firm said rock-chip samples from a new discovery at Tavsan found 3.6 grammes of gold per tonne of ore and 8.1 gramme of silver per tonne of ore. Another sample returned 2.2 grammes of gold per tonne of ore and 5.0 grammes of silver per tonne of ore.

Ariana said it is approaching completion on its environmental impact assessment at Tavsan and is now planning a rock-saw channel programme intended to support a resource upgrade.

Ariana Managing Director Kerim Sener said: "The latest discovery shows that there is significant potential for the project to yield additional resources. Furthermore, work on the eeasibility and [environmental impact assessment] is continuing successfully and we are looking forward to completing these studies in the coming months. Drilling undertaken for the purposes of the EIA earlier this year has been completed, although certain resource drilling was postponed and will instead be replaced by a rock-saw channel programme over the primary resource areas, commencing in late September. We are very encouraged by new discoveries of mineralisation outside of the initial mine plan, as these indicate that there is further scope to grow the Tavsan project."

Shares in Ariana were up 2.4% at 2.28 pence in London on Monday afternoon.

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23 Apr 2020 09:02

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15 Apr 2020 15:29

Ariana Reports Drop In Kiziltepe Quarterly Gold Production

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15 Apr 2020 10:37

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2 Apr 2020 13:24

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Ariana Resources Turkey Partnership Takes Step Closer To Completion

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26 Mar 2020 12:15

Ariana Resources receives maiden dividends from Galata

(Sharecast News) - Exploration and development company Ariana Resources updated the market on its finances on Thursday.

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23 Mar 2020 06:34

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24 Feb 2020 15:00

Starvest Notes Strong Performance From Investee Ariana Resources

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21 Feb 2020 11:03

Ariana Says Kiziltepe Quarterly Performance In Line With Expectations

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21 Feb 2020 10:29

Ariana Resources reports 'superb' year at Kiziltepe

(Sharecast News) - Europe-focussed exploration and development company Ariana Resources announced its operating results for the quarter ended 31 December for the Kiziltepe Mine in Turkey on Friday, reporting gross income of $45.1m from production of 27,985 ounces of gold.

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14 Feb 2020 09:11

Potential Partner Sees Similar Data From Ariana Resources' Salinbas

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11 Feb 2020 15:18

Starvest Swings To Profit As Investees Deliver Despite Tough Market

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22 Jan 2020 11:32

Ariana Resources Encouraged By Latest Exploration Results At Tavsan

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16 Jan 2020 13:20

Ariana Resources Sails Past 2019 Target As Kiziltepe Output Rises

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17 Dec 2019 15:18

Drilling Confirms Arzu South Continuity At Ariana Resources' Kiziltepe

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