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Ariana Resources (AIM:AAU) is a gold exploration and development company with joint venture gold mining operations in Turkey, the largest gold producing country in Europe. Ongoing exploration and development is supported by a profitable, low operating cost gold mine in western Turkey. Ariana's vision is to increase gold production from their joint venture towards 50,000 ounces of gold per annum. WThe company is also exploring and developing the Salinbas Project which demonstrates the potential to be a multi-million ounce gold and base-metal deposit.

The Kiziltepe Mine has been generating positive cashflow since the start of commercial operations in July 2017. Meanwhile the Salinas Gold Project represents a significant opportunity for the future growth of Ariana, containing 1 million ounces of gold defined. The project comprises three notable licence areas: Salinbas, Ardala and Hizarliyayla, all of which are located within a multi-million ounce Artvin Goldfield. The “Hot Gold Corridor” contains several significant gold-copper projects including the 4Moz Hot Maden project which lies 16km to the south of Salinbas and 7km south of Hizarliyayla.

 

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If you have a business strategy that works, why would you want to change it? Indeed, wouldn’t it make more sense to take an approach that you already know to be successful, and apply in other areas...

Exciting news from Ariana Resources (LON: AAU) on Wednesday as it revealed that gold is now confirmed at the Kokkinoyia Sector of the Cyprus-based Magellan project. Venus Minerals currently owns 100%...

Ariana Resources (LON: AAU) posted another set of strong drilling results from the Kiziltepe gold-silver mine in Turkey, with the Derya vein system once again yielding higher grades. Kiziltepe is par...

Ariana Resources (LON: AAU | FRA: 4A6) posted a major development on Tuesday, revealing it has officially started exploration activities in Eastern Europe, with exploration licence applications alread...

Ariana Resources (LON: AAU | FRA: 4A6) had the pleasure of announcing drill results on Tuesday that confirmed a higher-grade mineralisation zone near the south-eastern end of Kiziltepe mine’s Banu a...

Ariana Resources’ (LON: AAU) resource drilling results on Thursday for the Kiziltepe mine in Turkey not only confirmed the potential to extend the Arzu North pit, but also to add another year of min...

Diamond drilling kicked off for the first time at the Magellan project, Ariana Resources (LON: AAU) announced Thursday, ushering in a new and exciting stage in development. The project is owned by Ve...

Monday saw Ariana Resources (LON: AAU) reveal impressive 2021 gold mine production guidance figures for its Kiziltepe project in western Turkey. At around 19,000 ounces (“oz”), the miner’s fore...

Ariana Resources (LSE: AAU) has again beaten guidance to exceed targeted gold production from its Kiziltepe operations. In its 2020 full-year production results, the AIM-listed explorer said producti...

Ariana Resources (LSE:AAU), the AIM-listed exploration and development company operating in Europe, disclosed better-than-expected preliminary production results for the quarter ended 30 September 202...

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