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Ariana Resources PLC - gold miner in Turkey and Australia - From Kepez North mine, drilling results have revealed new intercepts from surface, including 3.2 metres at 11.53 grams per tonne of gold and 168.7 grams per tonne of silver. Meanwhile, infill resource drilling results from the vein includes 8.8 metres at 6.23 g/t of gold and 26.0 g/t of silver.
"With a current total JORC Measured and Indicated Resource of 36,400 ounces of gold at a grade of 7.15 g/t Au, Kepez North will provide Kiziltepe with a source of high-grade ore for blending with our current processing plant feedstock. Further exploration will continue in the vicinity, to determine the potential for this vein system to host other spatially restricted but high-grade zones of mineralisation which could add to the mine production schedule in the future," says Managing Director Kerim Sener.
Current stock price: 4.64 pence
Year-to-date change: down 9.9%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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