Ariana Resources Share Discussion Threads

[plasybryn] 22/6/2023 07:36

Yes i agree. I would also like a gantt chart showing the milestones to a mine from here. Will we now have to wait for them to complete the further 3000m drill before we get more information or will they hopefully release news in stages. Again we can see Brechia Pipe formations in the RNS diagrams a la Hot Maden which Kerim has talked about in the past. I think these are highly significant but i am not a geologist of course. I suspect this will suit a bigger player with deep pockets.

[lottsgold] 22/6/2023 07:29

I think an interview explain how they see the geology would be very useful to current and potential shareholders regarding Hiz. I read it as it's very deep but Zandook may be correct regarding this...any geologists in the room?

[charles clore] 21/6/2023 23:06

Oh dear Soul another tirade- you don't even have the shares because you have reduced so much but you think you can steer the ship with your bluster and ridicule. Now THAT is funny. Why dont you get a life and let the company get on with its business. No more of your snide comments please

[soulsauce] 21/6/2023 20:05

Funny that Charles you must have a short memory.
It was only a couple of weeks ago it was pitchforks at dawn with you loaning your 0.5% to biggles and others to force change.
I didn't engage in such a pointless idea myself not that, as Shortarm likes to point out, my meagre holding would have made much difference. So, no mine wasn't.
And so we had a Q&A where nothing changed and you are all bullish again until next time.
You are so inconsistent Charles, you change quicker than the wind. Quite funny really.

[plasybryn] 21/6/2023 20:01

Another WH Ireland Broker report is out. Has anyone seen it or discovered what their share price target price is?
AAU - RSRCH: WHIreland "WH Ireland: Ariana Resources (AAU) - Significant discovery at Hizarliyayla adjacent to the Salinbas (Turkey)"

[plasybryn] 21/6/2023 19:59

SP Angel today:

Ariana Resources (AAU LN) 2.45p, Mkt Cap £28m – Drilling results from Hizarilyayla, Turkey
Ariana Resources has released initial drilling results from its exploration at Hizarilyayla within its 23.5% owned Salinbas project in NE Turkey
The company has now completed 2,548m of drilling and says that it plans a further 3,000m in the current programme.
Among the results highlighted in today’s announcement are:
An intersection of 2.6m at an average grade of 0.21g/t gold, 4.45g/t silver and 0.19% zinc from 253.6 metres in hole HZR-001; and
An intersection of 18.6m at an average grade of 0.22g/t gold, 1.18g/t silver and 0.15% zinc from 187.9 metres in hole HZR-002; and
An intersection of 23.1m at an average grade of 0.34g/t gold, 2.83g/t silver and 0.13% zinc from 182.3 metres in hole HZR-003
The company explains that the “Hizarliyayla Project is located 9km southwest of the Salinbas Project and about 8.5km north of the Hot Maden Au-Cu deposit”.
Prior to its £167m acquisition by Sandstorm Gold in 2017, Mariana Resources had announced, in August 2015, a maiden resource for the Hot Maden deposit totalling 2.2 m ounces of gold and 167,000 tonnes of contained copper.
Ariana Resources’ “original Hizarliyayla drilling programme consisted of up to 19 planned holes for approximately 4,000m, however, this is the subject of ongoing review based on results. Drilling commenced on the project in late December 2022, and to date, 5 drill holes have been completed for a total of 2,548m. Drilling is expected to continue at Hizarliyayla until mid-2023”.
The company says that the “mineralisation intercepted within the first two Hizarliyayla drill holes appears to represent the intermediate zone (Ag-Pb-Zn±Au) of an intermediate sulphidation epithermal system. These may be developed peripherally to a buried porphyry system”.
Commenting on the possible similarities to Hot Maden, Managing Director, Dr. Kerim Sener, explained that “Hizarliyayla is at an elevation of approximately 1,500m, whereas the high-grade gold zone of the Hot Maden deposit occurs 8km to the south at an elevation of about 900m. Interestingly, the grade of both gold and silver intercepted in the current drilling has a tendency to increase with depth, suggesting that the deeper we drill, the better the grade and perhaps increasing proximity to a high-grade gold zone akin to Hot Maden”.
Dr. Sener said that as a result of the “elevation difference … we may need to drill holes well over 600m deep in order to encounter a potential Hot Maden-type discovery. Despite the mineralised intercepts being typically fairly narrow and deep, these broader observations regarding the prospectivity make these some of the most exciting exploration drilling results that we have ever announced”.
Conclusion: Initial drilling at Hizarliyayla has provided encouraging evidence of an intermediate sulphidation epithermal system similar to that at the Hot Maden copper/gold deposit 8.5km to the south. Further deep drilling will be required and we await news from the continuing exploration programme with interest.

[charles clore] 21/6/2023 19:37

Soul - mine was never out, was yours?

[soulsauce] 21/6/2023 17:56

Have you put your pitchfork back away yet Charles?

Lol meathed.

[charles clore] 21/6/2023 17:32

Soul - I really would like the petty digs to stop now please. Or do you think you are doing potential AAU investors a service?

[soulsauce] 21/6/2023 17:19

😆😆😆

[shortarm] 21/6/2023 17:15

Stop it whinnying Damn that was a good one! Ruined by smellchecker :-D

[shortarm] 21/6/2023 17:13

But you can't stop in whinnying?

[soulsauce] 21/6/2023 17:10

Well you can lead a horse to water......

[shortarm] 21/6/2023 17:04

The company is in excellent shape and is doing lots of things correctly. The shareprice, like MOST other junior explorer/developers is in the pooper.The difference with AAU is that we have cash, income and projects that will become mines!No bias there I believe?

[soulsauce] 21/6/2023 17:01

£1, £1000, £10000 £100000 who cares. Sometimes it pays to listen to those that are not constantly banging the company drum chose what instead just saying they are whingers or derampers or shouldn't comment because they don't have x y z number of skin in the game.
It's not your fault Shortarm, I have fallen foul of it myself over the years calling out and blanking out desenters eventually to my cost, on more than one occasion unfortunately.
You have a lot of money invested here and only want to hear that all is rosey in the Ariana garden, confirmation byas someone else said.

[shortarm] 21/6/2023 16:38

I don't like apples but you don't hear me constantly whining because I've got five grand in a stock I feel is not performing!!It is like you've tied up your life savings! Oh.

[soulsauce] 21/6/2023 16:00

I am sure I have not said that Shortarm but based on past experience 🤔
I know you like to get little digs in when you can because if you had listened to me a lot of your buys, especially the recent one's, wouldn't be so far in the red.
How do you like them apples 😄

[konil] 21/6/2023 14:37

plasybryn, who here thinks value will not materialise until a mine is operational?

[chinese investor] 21/6/2023 14:34

Gold is now $1,928.
1928 The cartoon star Mickey Mouse appeared in Steamboat Willie.

[shortarm] 21/6/2023 14:00

P.S. any bid from Newmont would be at commercial rates.

[shortarm] 21/6/2023 13:59

Also project leopard is 100% AAU and open to immediate bids from Newmont and then other parties.

[5huu] 21/6/2023 13:37

Possibly Soul. That is Ariana's other challenge, whilst their shares remain stagnant, many opportunities exist elsewhere!