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Ariana Resources (LSE:AAU) is an exploration and development business focused on Turkey. The firm is developing a portfolio of licences containing more than 1.5MMoz of gold and other metals. It aims to add value to projects cost-effectively through focused exploration and well-financed joint ventures (JVs).

Ariana’s flagship assets are the Kiziltepe and Tavsan projects, which together form the Red Rabbit gold project. The sites are found in two mineralised districts in the Western Anatolian Volcanic and Extensional province of Western Turkey. The pair are being developed in a 50:50 JV and contain a total resource inventory of around 605,000oz gold equivalent, as at the end of 2017. As it stands, Kiziltepe is fully-permitted and is in production while Tavsan is in development.

Meanwhile, Ariana also owns 100pc of the Salinbas gold project in north-eastern Turkey. This consists of the Salinbas gold-silver deposit and the Ardala copper-gold-molybdenum porphyry, among other prospects. The entire project area contains a total resource inventory of c.1MMozs of gold equivalent.

Latest Articles

Ariana Resources (LSE:AAU) had a positive end to the year continuing a strong run of production from its Turkish gold mine. Gross income for the final quarter was $10.62m from production and sale o...

Ariana Resources (LSE: AAU) climbed 8% on Tuesday on news that it will receive up to £3.79m worth of capital from its subsidiary Galata Madencilik. Galata, Ariana’s wholly-owned Turkish operatin...

Ariana Resources (LSE:AAU) rose 2.94pc on Monday after laying down development plans for its 100pc-owned Kizilcukur project in Turkey.

Kizilcukur is based 22km to the northeast of the Kizil...

Ariana Resources (LSE:AAU) rose 2.2pc this morning after announcing that production from its flagship project in Turkey beat expectations by more than a third in 2018. Production from the Kiziltepe...

Ariana Resources (LSE:AAU) jumped 6.7pc to 1.6p today after announcing ‘imminent’ drilling at its Kizilcukur project in Turkey. A 1,000m diamond drilling programme aims to upgrade existing JORC...

Shares in Ariana Resources (LSE:AAU) enjoyed a 5.4pc lift to 1.5p last week after the Turkey-focused miner revealed that exploration drilling has identified further mineralisation at its Salinbas g...

 This morning, Ariana Resources (LSE:AAU) announced operating results for the third quarter of 2018 for the Kiziltepe mine in which it owns a 50% interest. The mine achieved gross income of US$10....

Recently Mining Maven caught up with Kerim Sener, Managing Director of Ariana Resources (LON:AAU). The interview was recorded on 22nd October following results from the company’s Salinbas gold pr...

Ariana Resources (LON:AAU) the exploration and development company operating in Turkey announced its operating results for the quarter ended 30 September 2017 for the Kiziltepe Mine. We took the op...

On the back of their Lithium transaction announced in December Ariana Resources (LON:AAU) released a Letter to Shareholders in January summarising the significant milestones met by the company in 2...