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Pin to quick picksAriana Regulatory News (AAU)

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Result of AGM

28 Aug 2020 12:30

RNS Number : 4895X
Ariana Resources PLC
28 August 2020
 

 

 

 

 

 

28 August 2020

AIM: AAU

 

Result of AGM

 

Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed exploration and development company operating in Europe, is pleased to announce that at the Company's Annual General Meeting, held earlier today, all resolutions were duly passed.

 

 

Contacts:

 

Ariana Resources plc

Tel: +44 (0) 20 7407 3616

Michael de Villiers, Chairman

Kerim Sener, Managing Director

Beaumont Cornish Limited

Tel: +44 (0) 20 7628 3396

Roland Cornish / Felicity Geidt

Panmure Gordon (UK) Limited

Tel: +44 (0) 20 7886 2500

James Stearns / Atholl Tweedie

Yellow Jersey PR Limited

Tel: +44 (0) 20 3004 9512

Dom Barretto / Joe Burgess / Henry Wilkinson

arianaresources@yellowjerseypr.com

 

 

Editors' Note

 

About Ariana Resources:

 

Ariana is an exploration and development company with mining operations focused on epithermal gold-silver and porphyry copper-gold deposits in Turkey, the largest gold producing country in Europe. The Company is developing a portfolio of prospective licences originally selected on the basis of its in-house geological and remote-sensing database, which now contain a total of 2.1 million ounces of gold and other metals. Ariana's objective is to cost-effectively add value to its projects through focused exploration and to develop its operations, primarily through well-financed joint ventures.

 

The Company's flagship assets are its Kiziltepe and Tavsan gold projects which form the Red Rabbit Gold Project. Both contain a series of prospects, within two prolific mineralised districts in the Western Anatolian Volcanic and Extensional (WAVE) Province in western Turkey. This Province hosts the largest operating gold mines in Turkey and remains highly prospective for new porphyry and epithermal deposits. These core projects, which are separated by a distance of 75km, form part of a 50:50 Joint Venture with Proccea Construction Co. The Kiziltepe Sector of the Red Rabbit Project is fully-permitted and is currently in production. The total resource inventory at the Red Rabbit Project and wider project area stands at 605,000 ounces of gold equivalent. At Kiziltepe a Net Smelter Return ("NSR") royalty of up to 2.5% on production is payable to Franco-Nevada Corporation. At Tavsan an NSR royalty of up to 2% on future production is payable to Sandstorm Gold.

 

In north-eastern Turkey, Ariana owns 100% of the Salinbas Gold Project, comprising the Salinbas gold-silver deposit and the Ardala copper-gold-molybdenum porphyry among other prospects. The total resource inventory of the Salinbas project area is 1.5 million ounces of gold and 7.9 million ounces of silver, in addition to significant copper and molybdenum. A NSR royalty of up to 2% on future production is payable to Eldorado Gold Corporation.

 

Panmure Gordon (UK) Limited are broker to the Company and Beaumont Cornish Limited is the Company's Nominated Adviser.

 

For further information on Ariana you are invited to visit the Company's website at www.arianaresources.com.

 

Ends.

 

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RAGSEUFFAESSEEA
Date   Source Headline
26th Mar 20247:00 amRNSResource and Reserves Update
12th Mar 20247:00 amRNSHigh-Grade Drilling Results at Tavsan
22nd Feb 20247:00 amRNSFinal Drilling Results Received for Kizilcukur
15th Feb 20247:00 amRNSDokwe Due-Diligence Update
31st Jan 20247:00 amRNSAsgard Portfolio Update
17th Jan 20247:00 amRNS2023 Production Results and General Update
21st Dec 20237:00 amRNSSignificant New Drilling Results at Tavsan
6th Dec 20237:00 amRNSFurther Positive Drilling Results at Hizarliyayla
4th Dec 20237:00 amRNSCorporate Presentation
30th Nov 20237:00 amRNSSignificant Drilling Results at Salinbas
28th Nov 20237:00 amRNSDrilling Completed at Kizilcukur
22nd Nov 20237:00 amRNSDue Diligence Drilling Commences in Zimbabwe
20th Nov 20237:00 amRNSAttendance at Mines and Money London
13th Nov 20237:00 amRNSYear-End Update on Asgard Investments
18th Oct 20237:00 amRNSWestern Tethyan - Diamond Drilling Commences
29th Sep 20239:00 amRNSInterim Results
6th Sep 20237:00 amRNSWestern Tethyan - Slivova Positive PEA
23rd Aug 202310:00 amRNSGold Sponsor at the Society of Economic Geologists
16th Aug 20237:00 amRNS2023 Half-Year Production Results
15th Aug 20237:00 amRNSCurrent Exploration & Development at Kiziltepe
24th Jul 20237:00 amRNSKizilcukur Drilling and New Geophysical Targets
20th Jul 20237:00 amRNSVenus Minerals IPO Proceeding
19th Jul 20237:00 amRNSTavsan Mine Construction Recommences
17th Jul 20237:00 amRNSWestern Tethyan - Slivova Resource Update
29th Jun 202311:06 amRNSResult of AGM
21st Jun 20237:00 amRNSHizarliyayla Discovery Drilling
19th Jun 20237:00 amRNSSignificant Drilling Results at Salinbas & Ardala
12th Jun 20237:00 amRNSResolutions for AGM and proxy vote form
8th Jun 20237:00 amRNSHolding(s) in Company
7th Jun 20237:00 amRNSInvestor Presentation
6th Jun 20237:00 amRNSFinal Results For The Year Ended 31 December 2022
10th May 20237:00 amRNSWestern Tethyan Completes Slivova Gold Agreement
3rd Apr 20237:00 amRNSAppointment of Joint Broker
20th Mar 20237:00 amRNSInvestor Event In London
15th Mar 20237:00 amRNS2023 Production Guidance
14th Mar 20237:00 amRNSProject Leopard: First Exploration Licenses Given
13th Mar 20237:00 amRNSGeophysical Survey Results At Kepez
7th Mar 20237:00 amRNSVenus Financing and IPO Update
3rd Mar 20233:59 pmRNSTavsan Mine Construction Update
2nd Mar 20237:00 amRNSWestern Tethyan Completes Due Diligence
27th Feb 20237:00 amRNSInvestor Presentation
22nd Feb 20237:00 amRNSGeophysical Survey Results at Kiziltepe
25th Jan 20237:00 amRNSSUBSTANTIAL DRILLING PROGRESS AT SALINBAS
20th Jan 20237:00 amRNS2022 PRODUCTION RESULTS AND GENERAL UPDATE
21st Dec 20227:00 amRNSYEAR-END UPDATE ON ASGARD INVESTMENTS
29th Nov 20227:00 amRNSSIGNIFICANT INCREASE IN TAVSAN RESOURCE
21st Nov 20229:06 amRNSATTENDANCE AT MINES AND MONEY LONDON
10th Nov 20227:00 amRNSWORK PROGRAMMES ON TURKISH PROJECTS
4th Nov 202212:12 pmRNSDIRECTOR/PDMR SHAREHOLDING
20th Oct 202211:01 amRNSDirector/PDMR Shareholding

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