02.12.15 Ariana Resources: Positive drilling results increases confidence in 1m+ oz resource target at its Kiziltepe gold mine.
On Tuesday 1st December Ariana Resources (LON:AAU) announced some extremely positive results from its current drilling campaign at Kiziltepe in Turkey; Kiziltepe being part of the company’s Red Rabbit gold mine JV with Proccea Construction where mine construction is currently underway.
The results demonstrate tremendous consistency in terms of grade and grade distribution; highlights include positive intercepts, including 11m @ 4.07 g/t Gold equiv. and 7m at 2.96 g/t Gold equivalent. These results, in addition to further ongoing drilling, will support a revision to the current mineral resource at Kiziltepe. Further details can be found here: http://bit.ly/1Q0qDk5
In this exclusive MiningMaven Podcast interview Ariana’s Managing Director Dr Kerim Sener discusses the significance of these results in terms of the overall resource potential and the projected life of the gold mine. Essential listening for investors!