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Pin to quick picksAriana Share News (AAU)

Share Price Information for Ariana (AAU)

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Share Price: 2.35
Bid: 2.20
Ask: 2.50
Change: 0.10 (4.44%)
Spread: 0.30 (13.636%)
Open: 2.40
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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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4 Jun 2018 12:00

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31 May 2018 13:25

Ariana Resources Gets Increased Gold Resource Estimate At Kepez

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DIRECTOR DEALINGS: Ariana Resources Chairman Buys Shares

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14 Mar 2018 17:36

DIRECTOR DEALINGS: Ariana Resources Chairman Buys 920,000 Shares

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12 Mar 2018 13:40

Ariana Resources Forecast Kiziltepe 2018 Gold Production To Double

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14 Feb 2017 15:18

Ariana confirms completion of tailings storage facility at Kiziltepe

(ShareCast News) - Turkey-focussed exploration and development company Ariana Resources announced the completion of the interim Stage One Tailings Storage Facility at the Kiziltepe Mine on Tuesday. The AIM-traded firm said Kiziltepe is part of the Red Rabbit Joint Venture with Proccea Construction,

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31 Jan 2017 16:51

Ariana Resources making solid progress at Kiziltepe

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18 Jan 2017 10:31

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13 Jan 2017 09:08

Ariana Resources issues 56m shares to raise funds for projects

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11 Jan 2017 09:40

Ariana Resources: Kiziltepe Start-Up Delayed By Weather But Now Ready

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21 Dec 2016 13:48

Ariana Resources to acquire 100pc of Salinbas

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10 Nov 2016 09:57

Ariana Resources Gets Positive Scoping Study Results For Tavsan Mine

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Ariana Resources begins second phase of drilling at Kiziltepe

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19 Oct 2016 13:02

Ariana Resources posts first results from Arzu South drilling

(ShareCast News) - Turkey-focused gold exploration and development company Ariana Resources announced further results for its Phase One drilling programme of 2016 on Wednesday. The AIM-traded firm completed the drilling programme during early September at the Kiziltepe Project. Kiziltepe is part of

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19 Oct 2016 09:01

Ariana Confirms Continuity Of High Grade Mineralisation At Kiziltepe

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