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Ariana Resources shares Mines and Money London presentation

Published 06/12/2024, 12:08 am

LONDON - Ariana Resources plc, an AIM-listed mineral exploration and development company, announced that its corporate presentation from the Mines and Money London Conference at Resourcing Tomorrow is now accessible on its website. The presentation, delivered by Managing Director Dr. Kerim Sener, provides stakeholders with an overview of the company's current mining projects and exploration interests in Africa and Europe.

Ariana Resources operates the Dokwe Gold Project in Zimbabwe, which includes the Dokwe North and Dokwe Central gold deposits. As of June 2024, these deposits boast a combined JORC Measured, Indicated, and Inferred Resource of over 1.83 million ounces of gold, marking Dokwe as the largest undeveloped gold project in the country.

The company also holds a 23.5% interest in Zenit Madencilik San. ve Tic. A.S., a joint venture in Türkiye with Ozaltin Holding A.S. and Proccea Construction Co. This venture includes the Kiziltepe Mine, which has been producing gold at an average rate of approximately 22,000 ounces per annum since 2017. The Tavsan and Salinbas projects are also part of this joint venture, with Tavsan being developed as the second gold mining operation in Türkiye.

In addition to its interests in Türkiye and Zimbabwe, Ariana owns 76% of Western Tethyan Resources Ltd, operating in southeastern Europe, and 61% of Venus Minerals PLC, which is focused on copper-gold projects in Cyprus.

The company's Australian subsidiary, Asgard Metals Pty. Ltd., has made investments in various exploration companies, including a 2% holding of Panther Metals Limited (ASX: PNT).

The corporate presentation includes information on the company's mining operations, resource estimates, and exploration activities. It emphasizes Ariana's diverse portfolio and its strategy for growth within the mining sector.

The announcement is based on a press release statement and is intended to provide investors with up-to-date information on Ariana Resources' activities and projects. For more detailed information, stakeholders are invited to view the full presentation available on the company's website.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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