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Pin to quick picksAriana Share News (AAU)

Share Price Information for Ariana (AAU)

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Share Price: 2.40
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Change: -0.15 (-5.88%)
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Open: 2.55
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Ariana Reports "Significant Improvement" In Kizilcukur Estimate

Mon, 11th May 2020 16:50

(Alliance News) - Ariana Resources PLC on Monday reported an improved resource estimate at its Kizilcukur project in Turkey.

The global mineral resource estimate has been improved to roughly 21,156 ounces of gold and 616,578 ounces of silver.

"This is a significant improvement over the previous resource estimate, which integrates the latest drilling data and geological modelling. Most of the resource now sits within the lower risk measured and indicated categories, in comparison to the previous estimate which contained only indicated and inferred resources. This is largely the result of the in-fill diamond drilling that was completed on the higher-grade Zeki Vein in early 2019," Ariana Managing Director Kerim Sener said.

Shares in the company closed 0.3% lower at 3.44 pence each in London on Monday.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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18 Aug 2022 11:51

IN BRIEF: Ariana Resources shares rise with upgraded resource estimate

Ariana Resources PLC - exploration firm with interests in Turkey - Says the updated mineral resource estimate for its Apliki copper project in Cyprus shows a global measured, indicated, and inferred resource of roughly 17 million tonnes at a grade of 0.3% to 0.7% copper. Says the project represents a developed open-pit with significant unmined resources available for modern extraction.

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3 Aug 2022 15:57

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26 Jul 2022 14:47

IN BRIEF: Ariana Resources expands exploration footprint in Kosovo

Ariana Resources PLC - gold producer in Turkey and explorer Kosovo and Cyprus - Says 75%-owned Western Tethyan Resources Ltd is granted a further exploration license in Kosovo. The new Hertica license covers 58 square kilometres in north east Kosovo. It is prospective for copper and gold. Notes that Western Tethyan Resources has three other license applications in Kosovo awaiting approval by the Independent Commission for Mines & Minerals.

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29 Jun 2022 12:45

IN BRIEF: Ariana Resources annual profit gets boost from disposals

Ariana Resources PLC - exploration firm with interests in Turkey - Posts a pretax profit of GBP7.7 million in 2021, up 51% from GBP5.1 million the previous year. Company says the main driver of this increase was the partial disposal of its interest in Turkey in February. Ariana reduced its 50% interest in the Kiziltepe mine and 100% interest in the Salinbas project to a collective 24%. Looking forward, company aims to advance its long-term interest in south-eastern Europe and to start investing in "high-impact early-stage exploration opportunities".

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23 Jun 2022 21:28

TRADING UPDATES: FirstGroup extends takeover date; Tasty repays debt

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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23 Jun 2022 12:33

Ariana reports progress across its operations

(Sharecast News) - Europe-focussed gold explorer and developer Ariana Resources updated the market on its operations on Thursday, reporting that the Tavsan project development was being transitioned into the construction stage.

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16 Jun 2022 11:53

IN BRIEF: Ariana Resources seals 12 drill holes at Tavsan in Turkey

Ariana Resources PLC - exploration firm with interests in Turkey - Says it has completed 12 geotechnical drill-holes at the Tavsan gold project in Western Turkey. 96 new holes have been drilled within the mineral resource area. Results received include 55 holes which intercepted gold mineralisation. Ariana says the primary objective of the 2021/2022 drilling programme at Tavsan was to provide infill drilling data, primarily into the measured and indicated categories.

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3 May 2022 21:55

TRADING UPDATES: Vela, Standard Life Investments up portfolio value

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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6 Apr 2022 12:22

IN BRIEF: Ariana Resources shares rise on progress at Tavsan mine

Ariana Resources PLC - exploration firm with interests in Turkey - Says its Tavsan gold and silver mine located in western Turkey is targeting production of up to 30,000 ounces of gold per annum over the next eight years. Notes it completed over 3,900 meters of resource drilling at Tavsan between December and March. To conduct a new mapping and exploration project at Tavsan to identify new zones of mineralisation.

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6 Apr 2022 11:33

Ariana reports progress at Tavsan gold and silver mine

(Sharecast News) - Exploration and development company Ariana Resources updated the market on the mine development programme underway at Tavsan on Wednesday.

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21 Mar 2022 19:11

TRADING UPDATES: Kavango eyes acquisition; PYX ups zicron price

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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17 Mar 2022 19:43

TRADING UPDATES: 4Global to top forecasts; Nanoco wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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17 Feb 2022 14:59

IN BRIEF: Ariana Resources shares rise with significant gold findings

Ariana Resources PLC - exploration firm with interests in Turkey - Says recent drilling results from the Klirou sector of its Magellan project in Cyprus confirmed the presence of "significant" gold.

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17 Feb 2022 12:26

Ariana upbeat on drilling at Magellan Project

(Sharecast News) - Europe-focussed mineral exploration and development company Ariana Resources announced recent drilling results from the Klirou Sector of the Magellan Project on Thursday, which is wholly owned by Venus Minerals.

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2 Feb 2022 20:24

IN BRIEF: Ariana sees 19% increase in total resources at Kızıltepe

IN BRIEF: Ariana sees 19% increase in total resources at Kızıltepe

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