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Pin to quick picksAriana Share News (AAU)

Share Price Information for Ariana (AAU)

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Share Price: 2.25
Bid: 2.20
Ask: 2.30
Change: 0.00 (0.00%)
Spread: 0.10 (4.545%)
Open: 2.25
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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.

More News
22 Aug 2019 15:54

Ariana Resources granted new operational licence

(Sharecast News) - Turkey-focussed exploration and development company Ariana Resources announced the grant of a new operational licence, and the final results of a recent drilling campaign completed at its Salinbas Gold Project on Thursday.

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22 Aug 2019 12:09

Ariana Resources Granted New Operational Licence For Salinbas Project

(Alliance News) - Ariana Resources PLC said Thursday it has been granted a new operational licence for its Salinbas Gold project, located in the Hot Gold Corridor in Turkey.The renewal of a

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17 Jul 2019 12:53

Ariana Resources Kiziltepe Gold Production Drops In Second Quarter

(Alliance News) - Ariana Resources PLC said Wednesday it saw a drop in gold production for the second quarter of 2019 from the Kiziltepe mine in Turkey.For the quarter to the end of June,

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28 Jun 2019 14:30

Ariana Resources Calls 2018 "Exceptional" As Progresses On Red Rabbit

(Alliance News) - Ariana Resources PLC on Friday said it is evaluating further investment options in Turkey after the successful development of the Red Rabbit and Salinbas gold projects.The

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21 Jun 2019 15:58

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6 Jun 2019 12:20

Ariana Resources Says Kizilcukur Results Show Potential As Satellite

LONDON (Alliance News) - Ariana Resources PLC on Thursday said results from drilling at the Kizilcukur project in Turkey confirm its potential as a satellite source of high-grade ore for the in up

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5 Jun 2019 10:43

WINNERS & LOSERS SUMMARY: Provident Financial Shares Jump On Bid Lapse

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - up 3.0%. The cruise line operator agreed a

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5 Jun 2019 09:59

Ariana Resources Annual Gold Production Beats Expectations, Profit Up

LONDON (Alliance News) - Ariana Resources PLC on Wednesday reported "outstanding" annual results as gold production for the year exceeded guidance.Ariana Resources shares were at

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20 May 2019 12:04

Ariana Resources Posts "Solid" First Quarter From Turkey's Kiziltepe

LONDON (Alliance News) - Ariana Resources PLC on Monday reported a solid start to 2019 from the Kiziltepe gold and silver mine in Turkey.In the first quarter of the year, Ariana produced of

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14 May 2019 13:35

Ariana Resources Ready To Kick Off New Development Work At Salinbas

LONDON (Alliance News) - Ariana Resources PLC is getting ready to carry out further work at the Salinbas project in Turkey, it said Tuesday, following permitting approval.Ariana has had the

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7 May 2019 14:59

Ariana Resources releases decent drilling results from Kiziltepe Mine

(Sharecast News) - Turkey-focussed gold exploration and development company Ariana Resources announced in-fill resource drilling results from the Kiziltepe Mine on Tuesday.

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7 May 2019 11:48

Ariana Resources Pleased With Progress On Kiziltepe Mine Expansion

LONDON (Alliance News) - Ariana Resources PLC is pleased with latest results in Turkey, it said Tuesday, which could help extend the life of its Kiziltepe gold mine.At the Arzu North Ariana

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16 Apr 2019 11:26

Ariana Resources Quarterly Gold Production Beats Average Guidance

LONDON (Alliance News) - Ariana Resources PLC said on Tuesday it saw a significant rise in gold and silver production year-on-year in the first quarter of 2019 from the Kiziltepe mine in for the

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16 Apr 2019 08:57

Ariana Resources pushes beyond annualised guidance in first quarter

(Sharecast News) - Exploration and development company Ariana Resources announced gold production of 7,296 ounces at the Kiziltepe mine in the first quarter on Tuesday, down from 7,517 ounces in the fourth quarter but exceeding average annualised quarterly guidance by 17%.

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29 Mar 2019 12:29

Ariana Resources Set For Further Exploration Work At Turkish Projects

LONDON (Alliance News) - Gold miner Ariana Resources PLC on Friday outlined new development plans after finishing drilling at the Kizilcukur project in Turkey.Ariana has now finished 746 at

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