Ariana Resources Share Discussion Threads

[dixi] 12/3/2024 17:03

Presumably the same discussion mentioned the other day about the non-core assets?

[thanksamillion] 12/3/2024 16:58

Quite frankly my dear I don't give a damn (about any so called guru)

[plasybryn] 12/3/2024 15:53

New Note out from Panmure Gordon as well.

[huffster] 12/3/2024 13:45

Panmure Gordon flash note up on website too.

Talks about production in Q2.. "These results are some of the
most exciting drilled to date at the Tavsan project, which is currently in construction and will be Ariana’s second mine in Turkey, with first production expected in Q2 this year.

[xow98] 12/3/2024 13:03

US inflation 3.2% in Feb. Gold down $20

[bodgit] 12/3/2024 13:01

Assuming there are no more shares issued, these will have to reach c.40p/share to attain a market cap of half a billion. A way to go yet then. Gla

[plasybryn] 12/3/2024 11:47

SP Angel todayAriana Resources (AAU LN) 2.05p, Mkt Cap £23.5m – Latest resource drilling at Tavsan shows depth potentialAriana Resources reports that its drilling programme at its 23.5% owned Tavsan project in western Turkey has been completed following 10,286m of drilling in 112 holes.The company confirms that "Resource and Reserve updates are underway following the latest results".Tavsan currently hosts "a JORC Measured, Indicated and Inferred Resource of 307,000 ounces gold and 1.1 million ounces silver" within 6.6mt at an average grade of 1.44g/t gold and 5.26g/t silver.Among the assay results highlighted from final batch of drill samples are:An intersection of 12.6m at an average grade of 4.61g/t gold and 6.11g/t silver from a depth of 214.9m in hole TAV-DO54-23; and9.1m at an average grade of 2.99g/t gold and 7.25g/t silver from a depth of 69.4m in hole TAV-DO53-23; and8.3m at an average grade of 2.61g/t gold and 1.63g/t silver from a depth of 55.9m in hole TAV-DO50-23.Ariana Resources confirms that "Mine construction is continuing to advance well and the Company looks forward to declaring the first production from Tavsan in the coming months".Managing Director, Dr. Kerim Sener, described the latest results from Tavsan as "some of the most exciting we have ever released" and said that "High-grade mineralisation not only occurs on extensions of the North Zone near surface, but most intriguingly is now identified in the deep drilling on the project ... [suggesting that] ... there may be other laterally extensive high-grade structures developed along other thrust-planes beneath the main zone of mineralisation at Tavsan".Dr. Sener explained that the deeper drilling was intended to "test this hypothesis, and these results confirm our understanding of this potential".Epithermal mineralisation at Tavsan is described as "located along the thrust contact between Jurassic-Cretaceous massively bedded limestone and an overlying Upper Cretaceous multi-lithic ophiolite sequence" with "mineralised jasperoid developed along the thrust contact ... on a ten-metre scale, but broadly ... [following] ... the gentle topography ... In the vicinity of a NE-SW trending fault zone".He also confirmed that ore grading more than 3g/t gold from the main pit at Tavsan is being stockpiled to provide feed for initial gold production at the mine.Conclusion: As the Tavsan mine gears up for initial production, recent drilling suggests deeper mineral potential which could eventually expand the mineral resource base.

[shortarm] 12/3/2024 11:24

It is not his first thread on this share.Gold price rise has nothing to do with recent share price rise.

[cinoib] 12/3/2024 11:17

O wow, the huge rise in gold has moved this at last, but with this gold price 10p should be about right not 2p and that 15% spread doesn't encourage anyone not even the vultures.
I see Excellence has started a thread, that will F--- it completely as every share he starts a thread on goes to the wall.Chesterfield Horizontal and Rmm al dead or in the fire.

[excellance] 12/3/2024 09:38

Wow, flying now!

At 2.2p it's testing the down trend, if it breaks thru it could finally be on a new sideways or up trend.

Come on you little xxxxx

[shortarm] 12/3/2024 09:16

New WHI note, still 5.5p

[thanksamillion] 12/3/2024 08:54

OK who was the frightened little mouse that took my post as a sell signal.

[thanksamillion] 12/3/2024 08:51

Thats a GOOD RNS, and another to follow giving the much longed for "Resource and Reserve update" which I take to mean Jorc - much craved on this board.

Hope every one took the opportunity to top up over the last month or two because those prices will never be seen again.

[backmarker] 12/3/2024 08:50

Do you think we shamed him into it ? Doubtful.What I personally find "intriguing" is the gentle rise of 0.1p for the last 3 days, with the possibility of further upthrusts.

[5huu] 12/3/2024 08:32

Very nice little update. Keep them coming Kerim.........

[ironstorm] 12/3/2024 07:55

RR, Tavsan, Salinbas and to a much lesser extent WTR are why I am here.

The rest is too much noise. But what do I know.

This stock piling I do like.

"Meanwhile mining at Tavsan remains underway at the Main Pit, with high-grade material (c.3 g/t Au) being stockpiled preferentially. The production of the first gold at Tavsan will be derived from this high-grade material. Other construction activities are both ongoing and on schedule, with further updates on progress to be provided in future announcements.

[shortarm] 12/3/2024 07:39

It seems like he promised the Tavsan JORC this month! Something to keep the support for the share price up?

[soulsauce] 12/3/2024 07:34

Very good news. Should add significantly to the Jorc.

Now get it promoted Kerim for gods sake not just on BRR.

[actonovator] 12/3/2024 07:21

things sound rather imminent at Tavsan

[kaos3] 12/3/2024 07:18

KS really loves geo

His writing about geo is pure poetry

Like

Gentle topography.....

Etc

Hence he is so good at geo - LOVE

[dixi] 12/3/2024 07:18

In the current gold climate any positive news deserves an uplift.

[dixi] 12/3/2024 07:16

Great premonition Thanksamillion, please keep us informed of the next one :-)