Ariana Resources plc

AAU

GB00B085SD50

Diversified Mining

Delayed London S.E. Other stock markets 09:30:39 18/07/2024 BST			5-day change	1st Jan Change
2.455 ^GBX	-1.80%		+6.74%	+9.11%

07-10	Ariana Resources Logs 16% In-Pit Resources Increase at Zimbabwe Gold Project	MT
07-10	Ariana Resources shares rise on expanded mining scenario	AN

Ariana Resources starts drilling at Kizilcukur project in Turkey

July 24, 2023 at 10:28 am

(Alliance News) - Ariana Resources PLC on Monday said it has begun resource infill and extension drilling at the Kizilcukur gold project in Turkey.

Ariana is a London-based mineral exploration and development company with gold mining interests in Turkey, Cyprus and Kosovo.

It said the drilling campaign at Kizilcukur comes after a recent airborne magnetic survey scanning 2,500 metres of historical drill core identified new gold potential mineralisation zones along strike from known veins.

Kizilcukur is part of Zenit Madencilik San ve Tic AS, a partnership with Proccea Construction Co and Ozaltin Holding AS. Ariana holds 24% of the project.

Ariana Resources added that 3,000 metres of drilling will take place, and the programme will be managed alongside Zenit.

Shares in Ariana Resources were up 6.4% at 2.50 pence each in London on Monday morning.

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	US DOLLAR / TURKISH LIRA	33.1 TRY	+0.06%	+0.42%	-
	ARIANA RESOURCES PLC	2.455 GBX	-1.80%	+6.74%	59.64M

Latest news about Ariana Resources plc

Ariana Resources Logs 16% In-Pit Resources Increase at Zimbabwe Gold Project	07-10	MT
Ariana Resources shares rise on expanded mining scenario	07-10	AN
Ariana Resources Closes All-share Merger with Rockover	07-01	MT
Ariana Resources plc completed the acquisition of remaining 97.9% stake in Rockover Holdings Limited.	06-30	CI
Ariana Resources ready to advance key mining projects	06-24	AN
Ariana Resources plc Announces Completion of Field Trials of New Analytical Technique at the Dokwe Project Site in Zimbabwe	06-24	CI
Ariana Resources plc Reports Earnings Results for the Full Year Ended December 31, 2023	06-24	CI
Transcript : Ariana Resources plc - Special Call	06-17
Ariana Resources updates on due diligence in Zimbabwe	06-06	AN
Ariana Resources Completes Due Diligence for Zimbabwe Gold Project	06-06	MT
Ariana Resources plc Announces Completion of Drilling Programme At Salinbas	06-04	CI
Ariana Resources plc Announces a Finance Agreement to Support Ongoing Developments of the Zenit Mining Operations in Türkiye	05-29	CI
Ariana Resources gets Dokwe revised pre-feasibility study	05-09	AN
Ariana Resources' Updated Pre-Feasibility Study for Dokwe Gold Project Outlines 13-Year Mine Life	05-09	MT
Ariana Resources plc Announces an Interim Revision to the Dokwe Pre-Feasibility Study in Zimbabwe	05-09	CI
Transcript : Ariana Resources plc - Special Call	05-02
Norcros sets out strategic aims; Synthomer seals sale	05-01	AN
Ariana Resources Agrees Merger with Rockover, Seeks Dual Listing in Australia	04-25	MT
Ariana Resources agrees all-share merger with Zimbabwe project owner	04-25	AN
Ariana Resources plc agreed to acquire remaining 97.9% stake in Rockover Holdings Limited for £19.4 million.	04-24	CI
Ariana Resources plc Announces Resource and Reserve Update for the Zenit Mining Operations in Western Turkiye	03-26	CI
EARNINGS AND TRADING: Ariana strikes gold; Union Jack adds royalties	03-12	AN
Ariana Resources plc Announces Recent Resource and Extension Drilling Results from the Tav San Project	03-12	CI
Ariana Resources plc Announces Positive Results from the Fourth 2023 Drilling Programme At the Kizilcukur Project	02-22	CI
Ariana Resources completes Dokwe due diligence drilling	02-15	AN

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Company Profile

Ariana Resources plc is a United Kingdom-based gold exploration, development and production company focused on precious and technology metals. The Companyâs interest includes gold development project in Zimbabwe, gold production in Turkiye and copper-gold exploration and development projects in Cyprus and Kosovo. The Company 100% of the Dokwe Gold Project, which is made up of the Dokwe North and Dokwe Central gold deposits which are located in the Tsholotsho District of southern Zimbabwe. It also holds 23.5% interest in Zenit Madencilik San. ve Tic. A.S. a joint venture with Ozaltin Holding A.S. and Proccea Construction Co. in TUrkiye. The Tavsan Gold Mine is located in western Turkiye and contains a JORC Measured, Indicated and Inferred Resource of approximately 311,000 ounces gold and 1.1 million ounces silver. The Salinbas Gold Project is located in north-eastern Turkiye and contains a JORC Measured, Indicated and Inferred Resource of around 1.5 million ounces of gold.

Sector

Diversified Mining

Calendar

19/07/2024 - Annual General Meeting

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Sector Integrated Mining

	1st Jan change	Capi.
ARIANA RESOURCES PLC	+9.11%	59.64M
BHP GROUP LIMITED	-15.37%	146B
RIO TINTO PLC	-12.65%	112B
GLENCORE PLC	-2.50%	72.47B
GRUPO MÉXICO, S.A.B. DE C.V.	+12.04%	46.32B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	-8.14%	44.17B
ANGLO AMERICAN PLC	+17.22%	35.89B
HINDUSTAN ZINC LIMITED	+104.80%	33.45B
TECK RESOURCES LIMITED	+18.32%	25.1B
VEDANTA LIMITED	+74.82%	20.21B

Integrated Mining

Ariana Resources plc

Equities

AAU

GB00B085SD50

Diversified Mining

Ariana Resources starts drilling at Kizilcukur project in Turkey

Stocks mentioned in the article

Latest news about Ariana Resources plc

Chart Ariana Resources plc

Company Profile

Income Statement Evolution

Annual profits - Rate of surprise

Sector Integrated Mining