Ariana Resources "very confident" in future of Tavsan gold mine
April 13, 2023 at 07:41 am EDT
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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.
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Ariana Resources plc is a United Kingdom-based gold exploration, development and production company focused on precious and technology metals. The Companyâs interest includes gold development project in Zimbabwe, gold production in Turkiye and copper-gold exploration and development projects in Cyprus and Kosovo. The Company 100% of the Dokwe Gold Project, which is made up of the Dokwe North and Dokwe Central gold deposits which are located in the Tsholotsho District of southern Zimbabwe. It also holds 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 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.