Ariana Resources is advancing gold opportunities in Turkey

  • Ariana Resources says drilling confirms opportunity to expand the open-pit at the Arzu South area of the Kiziltepe mine
  • How Ariana Resources turned a GBP5 idea into GBP50 million
  • Ariana Resources completes Zenit and Pontid agreements, boosts Magellan resource

Quick facts: Ariana Resources PLC


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Ariana Resources plc is an AIM-listed gold-silver exploration and development company with operations in Turkey. It has a proven strategy of identifying and developing mineral resources and advancing them to production through joint ventures.

17 Aug 2021

(, ) () said drilling results confirmed the opportunity to expand the open-pit at the Arzu South area of the Kiziltepe gold-silver mine in western Turkey.

New significant intercepts within the Arzu South area include 13.9 metres at 1.67 grammes a tonne (g/t) gold and 17.5g/t silver; 8.2 metres at 2.49g/t gold and 43.5g/t silver; and 5.0 metres at 2.70g/t gold and 027.6g/t silver.

A full Kiziltepe mineral resource estimate update, based on drilling completed up to the end of June, is underway.

“These drilling results have confirmed the opportunity to expand the open-pit at Arzu South, particularly at the NW end and also at further depth,” said managing director Dr. Kerim Sener.

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11 Aug 2021

(, ) () announced positive drilling results from the Arzu Central area of the Kiziltepe gold-silver mine in western Turkey.

The results confirmed high-grade continuity to depth for the extensions to Arzu North and Derya into the Arzu Central area. Arzu Central is predicted to represent a triple-junction between the Arzu South, Arzu North and the Derya vein structures.

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27 Jul 2021

(, ) announced better-than-expected gold production from the Kiziltepe mine in the first half of 2021.

The mine, a joint venture, produced 7,941 ounces of gold in the first six months, exceeding the forecast by about 19%.

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18 Feb 2021

“Figuring out how to turn a GBP5 idea into a company worth about GBP50mln” – this is how Kerim Sener describes the process of transforming Ariana Resources () from an upstart explorer into a gold producer over the last eighteen years.

There’s been little stopping Ariana after it kicked off production at its first gold mine, Kiziltepe in western Turkey, four years ago.

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09 Dec 2020

‘s () Kerim Sener talks to Proactive London’s Katie Pilbeam about the completed conditional agreements on its joint venture with Ozaltin Holding A.S and with Proccea Construction.

He says this new “powerful” joint venture partner will “support our strategy associated with western Turkey assets”.

Under the terms of this agreement, Ozaltin will be acquiring 53% of both Pontid Madencilik Sanayi ve Ticaret A.S, the owner of the Salinbas project, and the existing Zenit Madencilik San. ve Tic. A.S. joint venture, which is currently owned by Ariana in a 50:50 partnership with Proccea.

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Ariana Resources talks big boost to resource at Kepez North, special divi…

Ariana Resources PLC’s (LON:AAU) Kerim Sener caught up with Proactive’s Andrew Scott soon after announcing that the resource estimate for the Kepez North area of the Kiziltepe gold-silver mine in western Turkey has doubled. It’s now estimated to contain about 36,400 ounces of gold and 329,400…

3 weeks, 5 days ago

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