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IN BRIEF: Ariana Resources Renews Irvindi Project Operating Licence

Mon, 15th Jun 2020 13:23

(Alliance News) - Ariana Resources PLC - AIM-listed exploration and development company - Renews operating licence on Ivrindi gold project in Turkey. Irvindi is located outside Ariana's Red Rabbit joint venture in western Turkey and the operating licence on it has been extended for 10 years, expiring June 20130 with a possible extension past that. A 45-hectare mining permit for Irvindi has been secured on the same terms. Land access and initial forestry permits are in place for the development, while new permit applications are currently in process.

Current stock price: 4.02 pence

Year-to-date change: up 63%

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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