Ariana Resources "very confident" in future of Tavsan gold mine
April 13, 2023 at 07:41 am
Share
(via NewsDirect)
Ariana Resources PLC (AIM:AAU) managing director Kerim Sener visits the Proactive London studio to provide an update on the gold exploration, development and production company's operations around Turkey, the Balkans and the eastern Mediterranean.
Sener highlights the favourable timing for copper and gold exploration and says that he's "very confident" in the future of the Tavsan gold mine in Turkey, where development work has been halted temporarily by a court ruling.
Contact Details
Proactive UK Ltd
Proactive UK Ltd
+44 20 7989 0813
uk@proactiveinvestors.com
Copyright (c) 2023 TheNewswire - All rights reserved.
Copyright (c) 2023 TheNewswire - All rights reserved., source Press Releases
Ariana Resources plc is a United Kingdom-based mineral exploration and development company. The Company's interests include gold production in Turkiye and copper-gold exploration and development projects in Cyprus and Kosovo. The Company holds an approximately 23.5% interest in Zenit Madencilik San. ve Tic. A.S. a joint venture with Ozaltin Holding A.S. and Proccea Construction Co. in Turkiye. The joint venture comprises the Kiziltepe Mine and the Tavsan and Salinbas projects. The Kiziltepe Gold-Silver Mine is located in western Turkiye. The Tavsan Gold Mine is located in western Turkiye and contains a JORC Measured, Indicated and Inferred Resource of approximately 311,000 ounces gold and 1.1 million ounces silver. The Salinbas Gold Project is located in north-eastern Turkiye and contains a JORC Measured, Indicated and Inferred Resource of around 1.5 million ounces of gold. It owns 100% of Asgard Metals Fund; 75% of Western Tethyan Resources Ltd, and 61% of Venus Minerals PLC.