Ariana Resources Share Discussion Threads

[soulsauce] 13/5/2019 17:18

Quarterly update this week?

[charles clore] 13/5/2019 16:55

The cabal might not like that!

[crossfirecssf] 13/5/2019 16:16

Very close to a breakout in gold. This could be the start. On the other hand... maybe not...

[swallowsflysouth] 11/5/2019 18:17

I don't think that english is Zak's first language. His english is excellent, however I think there is room for doubt on his exact meaning. We will find out shortly, i'm hoping i get seriously excited on hearing results !!

I with you there Crossfire regarding selling Salinbas if it is a 10 year project.

[crossfirecssf] 09/5/2019 17:15

Yes Soulsauce, I think Zac saying on video that they were specifically very excited to release the drill results from Kizilcukur, is fairly unambiguous. He wasn’t saying he was excited to find out what the results would be, but that he was excited to release them. Let’s hope he’s not nicked my rose coloured spectacles...

I know we couldn’t accuse PG of guilding the Lilly, but at the moment I’m not too concerned about that. The fundamentals will eventually prove too much to ignore. Once the loan’s repaid the PE is going to be silly, and that’s without potentially another Hot Maden showing up.

With the development of Salinbas looking like a ten year project, I think I’d be happy for them to prove it up and then sell into the next major wave up in gold. I’d like to still be alive when I harvest the fruit of this investment, rather than being left with the hope that one day my children (or grandchildren) will finally get to the pot of gold at the end of a very long rainbow.

[soulsauce] 09/5/2019 16:06

Too much to ask for that I think Charles.
I am hoping that one day I will be proved wrong and that I will actually see PG do something tangible that is visible to investors and aids the share price

[charles clore] 09/5/2019 14:56

Soul - I'd go along with that. All we can hope is that our illustrious Kerim negotiated a knock-down bargain fee with PG!

[soulsauce] 09/5/2019 11:59

Lol CSSF.

Well let's hope we can at least look forward to some good resource figures.
As I keep saying this company relies on the excitement of PI’s to increase the share price while our great broker continues to fail to do what it said on the tin so some bonanza type figures would be very welcome.

[crossfirecssf] 09/5/2019 11:36

A break through $1300 in the next week or two would be a very strong indicator that we’re off to the races regarding game-changer no.1.

I say that with the caveat that I tend to be a contrary indicator when it comes to gold price forecasting, as Soulsauce has justifiably pointed out to me on more than one occasion. :o/ I maintain however that it’s simply a matter of time, as is the case with Ariana’s market cap.

[crossfirecssf] 09/5/2019 10:51

Comprehensive stuff mcmather, and a prime example of why this is the only thread that I follow day to day.

I don’t want to guild the lilly, but it’s very hard to see how things could be shaping up any better here, from both an Ariana perspective, and a PM perspective. The timing, admittedly more by luck than judgement, looks irresistible.

As the backdrop, and prime potential top-3 game changer, everything in the gold market is screaming that a breakout is coming sooner rather than later. There’s the five year head and shoulders bottom, and the one year Cup and handle, the handle of which forms a bullish descending wedge. It’s looking pretty damn enticing.

Meanwhile, over here, and running along a very similar timeline, we have imminent drill results from Kizilcukur, a large drilling programme commencing at ‘game changer no.2’, Salinbas, for which results may begin to flow back as early as June, and the final short to medium term game changer... a cash flow transformation as the loan payments grind to a halt early next year amidst a potential ramping up of production At Kizeltepe.

Our share price also looks to be consolidating nicely in advance of the next move up, which is a vey healthy sign. Perhaps I’m looking at this through rose tinted glasses, but if someone can give me a compelling reason to sell, I’m all ears.

[soulsauce] 08/5/2019 22:57

Nicely mcmather.

Lol Charles.

[bigglesbingham] 08/5/2019 22:19

Many thanks appreciated!! With this information new potential investors cannot fail to be impressed at the potential from here !

[charles clore] 08/5/2019 20:32

Send Panmure Gordon a copy too!

[mcmather] 08/5/2019 19:38

Nah, post away plas; any snippets of info gleaned are always welcome and useful:

The earlier post(s) today kind of dovetails with michaelmcandrew's post #13847 re ".....Excited by the potential of other parts of Kiziltepe and between Kiziltepe and Kizilcukur".

And the video that Carcosa posted up #13843 where KS commented that the "exploration team is more active than it's ever been" around the 3min mark.

[plasybryn] 08/5/2019 19:07

Well done mcmather. That was a great bit of research on your part. I had forgotten the post.
I hope you don't mind but I've copied it onto the Ariana thread on LSE. I'm sure they will also find it very interesting and informative.

[mcmather] 08/5/2019 18:59

Sorry folks. got sidetracked; here it is with all the bits highlighted in bold, etc:


Just reviewing all things Kiziltepe up to the Kizilcukur prospect. A few snippets though the last one is of interest to me:

4 Aug 2011 - Kizilcukur; previous surface sampling results include 152g/t gold and 1,320g/t silver and several high-grade drill intercepts underpin the prospectivity of the property.

20 May 2012 - bonanza-grade drilling results from its exploration drilling programme between the Arzu South and Arzu North veins; exceptionally high grade mineralised zone identified on the extension of the Derya vein. Highest grades ever recorded from the Kiziltepe deposit including:
12.1m @ 13.1 g/t Au + 187.6 g/t Ag (16.5 g/t Au equiv.)
3.2m @ 38.7 g/t Au + 511 g/t Ag (48.0 g/t Au equiv.)
1m @ 65.9 g/t Au + 760 g/t Ag (79.7 g/t Au equiv.)

23 September 2013 - High grades at Kepez Main (Highly silver-rich zone), Kepez Far West (Gold-rich area), Kepez South (Complex swarm of veins) & Karakavak South...Current JORC resource is based on only 6% of the total veins mapped in the Kiziltepe Sector.

17 Nov 2014 - Porphyry identified from geophysics to extend over 2km by 1.8km as part of a 5km diameter volcanic caldera at Kepez...The presence of an active hot-spring in this area, located approximately 2.5km to the south of the centre of the Kepez intrusion...Proximal and long-lived hot springs are characteristic features of many large epithermal gold projects in Turkey and around the world.

7 March 2016 - Kizilcukur resource increased 100% to 33,000oz au "from first drilling programme"...Only 35% of total vein system have adequately been tested by drilling.

12 Oct 2016 - Arzu Central; Drilling intercepts the widest zone of sulphidic quartz vein mineralisation ever encountered on the Kiziltepe Project, with at least 20m of true width, ending in mineralised quartz...We are exceptionally pleased with these drilling results, as they collectively and unequivocally demonstrate the continuity of mineralisation within the Arzu Central target area...Some stock-work and narrow vein mineralisation was intercepted towards the end of hole KTP-RC11-16, suggesting that it may have just missed the main structure...Importantly, this hole identified the potential for other mineralised structures occurring between Arzu North and Derya.

14 Jan 2017 - Arzu Central; vein mineralisation intercepted in every drill hole...Newly identified vein system within Arzu Central...system represents a structural splay which widens towards Arzu North and Derya.

17 May 2017 - Kiziltepe West; results confirm our understanding that the Kiziltepe vein system extends across a further 4km from the areas currently being developed as part of the Kiziltepe mine operations...The geochemical signatures of mineralised zones in the Kiziltepe West area appear very similar to those defined over the Arzu South, Arzu North, Banu and Derya veins...Ipek (the veun at Kiziltepe West) displays very similar geochemical signatures and vein textures as the Arzu North and Derya veins, indicating that this area represents the uppermost parts of the Kiziltepe vein system.

RNS 1 Dec 2014 - KS "...the similarities between Kiziltepe and the Pajingo gold-silver mine in Queensland, Australia, are striking. Such an example bodes exceptionally well for the future of our Kiziltepe..."


The Pajingo gold operation has produced more than 2.7 million ounces since 1996 and is forecast to produce between an average of 60,000oz and 65,000oz p.a from 2017-2019


The Hot Gold Corridor (n/e Turkey) obviously looks promising but how much gold & silver is there at Kiziltepe / in the Sindirgi Corridor?

[plasybryn] 08/5/2019 16:41

Do we get the Quarterlies tomorrow?

[charles clore] 08/5/2019 16:39

It feels like we are a small group of treasure hunters on a remote island who have stumbled upon a massive hoard. It's nice because nobody has spread the news back on the mainland (no, not even a squeak from PG) meaning we are free to buy into the story at the currently ridiculous price of less than 2p a share.

[plasybryn] 08/5/2019 16:39

Good stuff. It is so easy to forget what has been announced before and Kerim hardly over sells his book. Perhaps he fears an unwanted take over approach whilst the Mkt Cap. Is so unrepresentative.

[jc2706] 08/5/2019 16:16

Courtesy on mcmather, here is post 8291:

Just reviewing all things Kiziltepe up to the Kizilcukur prospect. A few snippets though the last one is of interest to me:

4 Aug 2011 - Kizilcukur; previous surface sampling results include 152g/t gold and 1,320g/t silver and several high-grade drill intercepts underpin the prospectivity of the property.

20 May 2012 - bonanza-grade drilling results from its exploration drilling programme between the Arzu South and Arzu North veins; exceptionally high grade mineralised zone identified on the extension of the Derya vein. Highest grades ever recorded from the Kiziltepe deposit including:
12.1m @ 13.1 g/t Au + 187.6 g/t Ag (16.5 g/t Au equiv.)
3.2m @ 38.7 g/t Au + 511 g/t Ag (48.0 g/t Au equiv.)
1m @ 65.9 g/t Au + 760 g/t Ag (79.7 g/t Au equiv.)

23 September 2013 - High grades at Kepez Main (Highly silver-rich zone), Kepez Far West (Gold-rich area), Kepez South (Complex swarm of veins) & Karakavak South...Current JORC resource is based on only 6% of the total veins mapped in the Kiziltepe Sector.

17 Nov 2014 - Porphyry identified from geophysics to extend over 2km by 1.8km as part of a 5km diameter volcanic caldera at Kepez...The presence of an active hot-spring in this area, located approximately 2.5km to the south of the centre of the Kepez intrusion...Proximal and long-lived hot springs are characteristic features of many large epithermal gold projects in Turkey and around the world.

7 March 2016 - Kizilcukur resource increased 100% to 33,000oz au "from first drilling programme"...Only 35% of total vein system have adequately been tested by drilling.

12 Oct 2016 - Arzu Central; Drilling intercepts the widest zone of sulphidic quartz vein mineralisation ever encountered on the Kiziltepe Project, with at least 20m of true width, ending in mineralised quartz...We are exceptionally pleased with these drilling results, as they collectively and unequivocally demonstrate the continuity of mineralisation within the Arzu Central target area...Some stock-work and narrow vein mineralisation was intercepted towards the end of hole KTP-RC11-16, suggesting that it may have just missed the main structure...Importantly, this hole identified the potential for other mineralised structures occurring between Arzu North and Derya.

14 Jan 2017 - Arzu Central; vein mineralisation intercepted in every drill hole...Newly identified vein system within Arzu Central...system represents a structural splay which widens towards Arzu North and Derya.

17 May 2017 - Kiziltepe West; results confirm our understanding that the Kiziltepe vein system extends across a further 4km from the areas currently being developed as part of the Kiziltepe mine operations...The geochemical signatures of mineralised zones in the Kiziltepe West area appear very similar to those defined over the Arzu South, Arzu North, Banu and Derya veins...Ipek (the veun at Kiziltepe West) displays very similar geochemical signatures and vein textures as the Arzu North and Derya veins, indicating that this area represents the uppermost parts of the Kiziltepe vein system.

RNS 1 Dec 2014 - KS "...the similarities between Kiziltepe and the Pajingo gold-silver mine in Queensland, Australia, are striking. Such an example bodes exceptionally well for the future of our Kiziltepe..."


The Pajingo gold operation has produced more than 2.7 million ounces since 1996 and is forecast to produce between an average of 60,000oz and 65,000oz p.a from 2017-2019


The Hot Gold Corridor (n/e Turkey) obviously looks promising but how much gold & silver is there at Kiziltepe / in the Sindirgi Corridor?

[paul280i] 08/5/2019 15:49

Mcmather, thanks for pointing me towards that post, very informative, thanks.

[plasybryn] 08/5/2019 15:42

Any chance someone could copy & post it here for those of us using mobiles? Cheers

[paul280i] 08/5/2019 15:40

This should take you to he post:

[soulsauce] 08/5/2019 15:01

Right below my post now biggles. Type in the number and click go to.

[bigglesbingham] 08/5/2019 14:58

On mobile doesn't have that facility