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Share Price: 2.80

Bid: 2.70

Ask: 2.90

Change: 0.025 (0.90%)

Spread: 0.20 (7.407%)

Open: 2.775

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Low: 2.775

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IN BRIEF: Ariana Resources completes Dokwe due diligence drilling

Thu, 15th Feb 2024 14:22

Ariana Resources PLC - mineral explorer and developer with gold mining interests in Turkey, Cyprus and Kosovo - Anounces completion of 1,222 metres diamond drilling for due diligence purposes at Dokwe Gold Project in Zimbabwe. Says two holes have been drilled at Dokwe North and two at Dokwe Central. Consultant has commenced assessment of metallurgy and potential process routes. Company says mineralisation's geochemical characteristics are being defined through an "extensive" pXRF programme on old and new drill cores. Dokwe is owned by Rockover Holdings Ltd, of which Ariana owns approximately 2.1%. Ariana says the companies are in "exclusive discussions" regarding potential "further collaboration".

Current stock price: 1.75 pence, up 1.5% on Thursday afternoon

12-month change: down 42%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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Ariana Share News (AAU)

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IN BRIEF: Ariana Resources completes Dokwe due diligence drilling

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IN BRIEF: Ariana Resources completes Dokwe due diligence drilling

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