Ariana Resources PLC ATTENDANCE AT MINES AND MONEY LONDON
November 24 2021 - 3:32AM
RNS Non-Regulatory
TIDMAAU
Ariana Resources PLC
24 November 2021
24 November 2021
AIM: AAU
ATTENDANCE AT MINES AND MONEY LONDON
Investor Presentation
Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed
mineral exploration and development company with interests in gold
mining operations in Europe , is pleased to announce that it will
be attending the Mines and Money London Conference, which takes
place on 1-2 December 2021.
Western Tethyan Resources Ltd ("WTR"), of which Ariana owns 75%,
and Venus Minerals Ltd ("Venus"), of which Ariana owns 50%, will
also be attending.
The Company will be available to meet existing and prospective
shareholders and other interested parties from 11am on Wednesday, 1
December and Thursday, 2 December in a conference room at the
Hilton London Angel Islington Hotel, 53 Upper St, London N1 0UY,
which is adjacent to the Business Design Centre where the Mines and
Money conference is taking place.
Managing Director Kerim Sener will provide a presentation to
investors at 11am on Thursday, 2 December, to be shown at the same
location. The presentation will be made available on the Company's
website shortly after the event.
To attend the investor presentation or to request further
information regarding meeting with the Company, WTR and/or Venus,
please contact arianaresources@yellowjerseypr.com .
Contacts:
Ariana Resources plc Tel: +44 (0) 20 3476 2080
Michael de Villiers, Chairman
Kerim Sener, Managing Director
Beaumont Cornish Limited Tel: +44 (0) 20 7628 3396
Roland Cornish / Felicity Geidt
Panmure Gordon (UK) Limited Tel: +44 (0) 20 7886 2500
John Prior / Hugh Rich / Atholl
Tweedie
Yellow Jersey PR Limited Tel: +44 (0) 7951 402 336
Dom Barretto / Henry Wilkinson / arianaresources@yellowjerseypr.com
Matthew McHale
Editors' Notes:
About Ariana Resources:
Ariana is an AIM-listed mineral exploration and development
company with an exceptional track-record of creating value for its
shareholders through its interests in active mining projects and
investments in exploration companies. Its current interests include
gold production in Turkey and copper-gold exploration and
development projects in Cyprus and Kosovo.
The Company holds 23.5% interest in Zenit Madencilik San. ve
Tic. A.S. with Ozaltin Holding A.S. and Proccea Construction Co. in
Turkey which contains a depleted total of c. 2.1 million ounces of
gold and other metals (as at July 2020). Operations comprise the
Kiziltepe Mine and the Tavsan and Salinbas projects.
The Kiziltepe Gold-Silver Mine is located in western Turkey and
contains a depleted JORC Measured, Indicated and Inferred Resource
of 227,000 ounces gold and 3.7 million ounces silver (as at April
2020). The mine has been in profitable production since 2017 and is
expected to produce at a rate of c.20,000 ounces of gold per annum
to at least the mid-2020s. A Net Smelter Return ("NSR") royalty of
2.5% on production is being paid to Franco-Nevada Corporation.
The Tavsan Gold Project is located in western Turkey and
contains a JORC Measured, Indicated and Inferred Resource of
253,000 ounces gold and 0.7 million ounces silver (as at June
2020). The project is being progressed through permitting and an
Environmental Impact Assessment, with the intention of developing
the site to become the second gold mining operation. A NSR royalty
of up to 2% on future production is payable to Sandstorm Gold.
The Salinbas Gold Project is located in north-eastern Turkey and
contains a JORC Measured, Indicated and Inferred Resource of 1.5
million ounces of gold (as at July 2020). It is located within the
multi-million ounce Artvin Goldfield, which contains the "Hot Gold
Corridor" comprising several significant gold-copper projects
including the 4 million ounce Hot Maden project, which lies 16km to
the south of Salinbas. A NSR royalty of up to 2% on future
production is payable to Eldorado Gold Corporation.
Ariana owns 75% of Western Tethyan Resources Ltd ("WTR"), which
operates across Eastern Europe and is based in Pristina, Republic
of Kosovo. The company is targeting its exploration on major
copper-gold deposits across the porphyry-epithermal transition.
Ariana owns 50% of UK-registered Venus Minerals Ltd ("Venus")
which is focused on the exploration and development of copper-gold
assets in Cyprus which contain a combined JORC Inferred Resource of
9.5Mt @ 0.65% copper (excluding additional gold, silver and
zinc).
Ariana operates its wholly-owned Asgard Metals Fund ("Asgard"),
as part of the Company's proprietary Project Catalyst Strategy. The
Fund will be focused on investments in high-value potential,
discovery-stage mineral exploration companies located across the
Eastern Hemisphere and within easy reach of Ariana's operational
hubs in Australia, Turkey and the UK.
Panmure Gordon (UK) Limited is broker to the Company and
Beaumont Cornish Limited is the Company's Nominated Adviser and
Broker.
For further information on Ariana you are invited to visit the
Company's website at www.arianaresources.com .
Ends.
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