Ariana Resources Reports Resource Estimate Boost At Kiziltepe

Fri, 24th Apr 2020 17:49

(Alliance News) - Ariana Resources PLC on Thursday said the resource estimate at Kiziltepe gold mine in Turkey.

The mineral resource estimate was boosted to roughly 321,000 ounces of gold and 5.0 million ounces of silver.

It represents a 25% increase from the previous estimate and a 72% increase from the feasibility study resource, Ariana noted.

Shares in the company closed flat at 3.40 pence each in London on Friday.

By Eric Cunha; ericcunha@alliancenews.com

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