Dr Kerim Sener, MD of Ariana Resources, gives London South East an exclusive video update on gold production and exploration across the #AAU Turkish portfolio.
This includes the potentially game-changing 100% owned Salinbas Project near the Turkish border with Georgia, which has 1 million 'inferred indicated' ounces of gold. Dr Sener says they may commence drilling #Salinbas by the year end if forestry permits come through in time.
"We are looking at 'possibly' bringing in a new partner and there's a lot of interest both inside and outside of Turkey, although we are not beholden to that as a strategy. We are looking to keep hold of Salinbas for as long as possible before we partner with a Turkish company or other."
'We are seeing the best gold prices for the last five years so it's great for our industry'. Exploration money is coming back into the industry which is a leading indicator and will underpin the gold price.