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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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A busy period for newsflow at Ariana Resources (LSE:AAU) continued on Thursday as the firm revealed that the latest round of work at one of its major satellite gold deposits in Turkey has completed. T...

Wednesday saw Ariana Resources (LSE:AAU) reveal that a detailed assessment of its portfolio of Turkey-based gold assets has now completed with respect to a potential joint venture (“JV”). The £26...

Ariana Resources (LSE:AAU) enjoyed a 10% lift on Thursday morning after announcing a watershed dividend payment from one of its subsidiaries. The Turkey-focused gold firm, which currently has a £28....

Ariana Resources (LSE:AAU) treated investors to an across-the-board positive update on Thursday. The AIM-listed firm revealed that 2020 gold production from its Kiziltepe mine in Turkey is expected t...

Friday saw Ariana Resources (LSE:AAU) reveal positive progress in joint venture (“JV”) discussions for its Salinbas project in Turkey. The firm said that its proposed, as-yet-un-named partner for...

Ariana Resources (LSE:AAU) climbed to a multi-month high of 2.95p a share on Wednesday morning after locating several high-grade gold zones at its Tavsan project in Turkey. The exploration and develo...

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 developin...

Ariana Resources (LSE:AAU) was trading at 2.32p on Monday after announcing that due diligence work has kicked off for a major joint venture (JV) over its Turkish assets. Groundwork led by Ariana’s ...

It’s been a good year for shareholders in Arian Resources (LSE:AAU). The recent rally in the gold price has helped bolster the company’s share price, which is now up 50% this year at 2.25p per sha...

Ariana Resources’ (LSE:AAU) strong week continued on Thursday with the ‘highly encouraging’ news that it had encountered bonanza-grade gold and silver mineralisation at Kizilcukur project in Tur...