Ariana Resources (LSE:AAU) opened up a world of new opportunity at the Salinbas gold project in north-east Turkey when it took over full ownership of the asset towards the end of 2016. After developing a new approach, which recognises the prospectivity presented by Turkey’s world-class Hot Gold Corridor, Ariana is confident that the project’s potential extends far beyond its current JORC-resource of one million Indicated and Inferred ounces (“1Moz”) of gold equivalent.

In November 2019, Ariana signed a potentially game-changing deal with a major Turkish construction and engineering firm for a joint venture on Salinbas that will accelerate the company’s vision of developing the project into a gold mine. Here, we take a deep dive into the Salinbas project, its history, and its prospectivity, and look at what this latest development could mean for Ariana’s growth potential.

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