fletch61
- 02 Feb 2006 09:14
Take a look rns out today
KEAYDIAN
- 25 Apr 2006 08:49
- 2 of 87
RNS
soul traders
- 25 Apr 2006 15:13
- 3 of 87
This is the RNS:
Ariana Resources PLC - Wide Gold Zone Confirmed
RNS Number:9273B
Ariana Resources PLC
25 April 2006
FOR IMMEDIATE RELEASE 25 April 2006
ARIANA RESOURCES PLC
WIDE GOLD ZONE CONFIRMED AT KIZILTEPE PROSPECT
Ariana Resources plc ('Ariana' or 'the Company'; stock code AAU), the AIM-listed
gold exploration company focused exclusively on Turkey, announces further
confirmation of a potential bulk tonnage gold target at its Kiziltepe Prospect
within Ariana's 100% owned Sindirgi Project in western Turkey.
Highlights:
*Systematic rock chip sampling further defines potential bulk tonnage gold
target
*Stockwork style mineralisation across an area of at least 650m by 250m
*Peak rock chip sample of 16.2 g/t Au from outcropping vein
Bulk tonnage target, Kiziltepe Prospect
In March 2006, a field team from Ariana's Turkish operating subsidiary, Galata
Madencilik San. ve Tic. Ltd. Sti. ('Galata') completed a programme of systematic
rock chip sampling across a large (1km x 0.3km) gold in soil anomaly (as defined
by a 0.1 g/t Au contour) at Kiziltepe. 84 samples were collected on a regular
50m x 50m grid covering an area of 250m x 650m and assay results confirm the
presence of a wide zone of stockwork style mineralisation. Peak grades from this
survey include 7.05 g/t Au and 16.2 g/t Au from samples coinciding with vein
material. The rock chip sampling grid will be extended and followed by a
programme of systematic trenching and drilling to test the potential for a bulk
tonnage mining operation.
As part of the same field programme, trenching and rock saw channel sampling on
the recently discovered Aybor Vein at Kiziltepe has returned a best intersect of
2.45 g/t Au over 9.5m from 3 initial trenches.
Steven Poulton, Chief Executive, commented:
'Although work by Ariana and previous operators has focused on only a small
percentage of the 20km vein system which outcrops at the Kiziltepe prospect,
results to date have been highly encouraging. The potential for a bulk tonnage
style stockwork gold deposit at Kiziltepe is now also being defined and drill
testing will be undertaken by Ariana following a programme of systematic
trenching to bedrock. In the meantime our field team continues to discover new
target areas across this highly prospective licence area'.
Contacts:
Ariana Resources plc
Steven Poulton, Chief Executive Tel: 01235 511767
Mobile: 07974 086712
s.j.poulton@arianaresources.com
Bankside Consultants
Michael Padley/Susan Scott Tel: 020 7367 8888
Editors' note:
About the Sindirgi Gold Project
The Sindirgi gold project covers an area of 224 km2 in Balikesir Province,
western Turkey. To date at least five target areas have been defined by Ariana,
which include the prospects of Kiziltepe, Kepez, Karaduz, Kavakliduz and
Kizilcukur. Previous operators have defined over 45km of low sulphidation quartz
veins on the project. Sindirgi lies approximately 100km east of the one million
ounce vein-hosted Ovacik gold mine and 115km northwest of the five million ounce
Kisladag gold mine. Ariana acquired the Sindirgi Gold Project from Newmont
Mining Corporation (NYSE & ASX: NEM; TSX: NMC) in March 2005. Newmont retains
the right to a royalty of up to 2.5% on future gold production from the Sindirgi
gold project.
About the Kiziltepe Prospect
The Kiziltepe prospect lies within a 36km2 ten-year renewable operating licence
within the Sindirgi gold project which also contains the Kepez Prospect.
Kiziltepe hosts over 19km in strike length of gold-silver bearing
low-sulphidation epithermal quartz veins across an area of at least 3km by 1km.
Individual veins are exposed for up to 700m and widths vary between 1m and 14m.
The main veins trend NW, dip to the northeast and are hosted within Miocene age
andesitic volcanic rocks. The majority of exploration work to date at Kiziltepe
has focused on the Arzu vein, where results from drilling by previous owners
include intersections of 7.23 g/t over 10m and 10.55 g/t over 7.5m. Recent
channel sampling by Ariana (previously reported in November 2005) returned a
best intersect of 6.29 g/t Au over 13.5m.
Sampling and Assaying Procedures
The Kiziltepe programme consisted of the collection of 84 rock chip samples. Of
these 52 samples returned grades less than 0.25 g/t Au (62% of the total), 21
samples between 0.25-1 g/t Au (25% of total), 9 between 1-5 g/t Au (11% of
total) and 2 samples assayed above 5 g/t Au (2% of total), with a peak grade of
16.2 g/t Au.
All samples have been prepared by the ALS Chemex preparation facility in Izmir
and assayed by fire assay at the ALS Chemex laboratory in Vancouver. Re-assaying
of all samples assaying greater than 10 g/t gold has also been completed by ALS
Chemex. Regular standard and blank samples are being used in the sample sequence
in line with the Company's quality control procedures.
Matthew Grainger, BSc (Hons), MSc, is Ariana's Operations Director. A graduate
of Anglia Polytechnic University in Earth Science, he also holds a Master's
degree from the Camborne School of Mines in Mining Geology. He is a Fellow of
the Geological Society of London and has worked in mineral exploration and
project development in Europe. He has read and approved the technical disclosure
in this regulatory announcement.
About Ariana Resources
Ariana is a technology-driven exploration company focused on the discovery of
multi-million ounce potential epithermal gold-silver and porphyry copper-gold
deposits within the Tethyan metallogenic belt of Turkey. The Company has a
portfolio of prospective licences covering approximately 1,000km2, selected on
the basis of its advanced in-house remote sensing database. Ariana's broker is
Ambrian Partners Limited and Beaumont Cornish Limited is the Company's nominated
adviser.
For further information on Ariana you are invited to visit the Company's website
at www.arianaresources.com.
Ends
KEAYDIAN
- 25 Apr 2006 15:28
- 5 of 87
Oops, thought I'd posted it.
You've pulled me up on that before Soul Traders.
KEAYDIAN
- 27 Apr 2006 08:53
- 8 of 87
Ariana Resources PLC
27 April 2006
27 April 2006
AIM: AAU
KEPEZ: NEW GOLD ZONE DISCOVERY
Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration company
focused exclusively on Turkey, announces the discovery of a significant zone of
high grade (up to 9.7 g/t) gold mineralisation at its Kepez prospect within
Ariana's 100% owned Sindirgi project in western Turkey. Kepez is one of five
identified prospects within the 224 km2 licence area.
Highlights:
New gold-bearing silicified zones up to 50m wide discovered at the Kepez
prospect
Peak rock-chip grades of 9.77 g/t Au and 68.1 g/t Ag
Peak rock-chip grades in a newly identified stockwork zone of 9.73 g/t
and 3.56 g/t Au
New Gold Zone, Kepez Prospect
In April 2006, a field team from Ariana's Turkish operating subsidiary, Galata
Madencilik San. ve Tic. Ltd. Sti. ('Galata') completed a programme of
reconnaissance rock-chip sampling and mapping over the Umurlar target within the
Kepez prospect area. Kepez hosts over 2.5km of mapped quartz veins including the
Karakaya Vein, approximately 1.5km south of Umurlar, where the Company recently
announced (February 2006) significant channel sample intersections, including
8.68 g/t Au over 16m.
Rock-chip samples were collected from three silicified bodies (quartz
stockworks, breccias and veins) outcropping at surface for up to 150 metres in
length, discontinuously along a total strike length of 1km and within a zone up
to 50m wide. Sampling has defined the presence of gold and silver mineralisation
at Umurlar, with peak grades of 9.77 g/t Au from a previously mapped area and
9.73 g/t Au (including 68.1 g/t Ag) as well as 3.56 g/t Au from a newly
identified quartz stockwork zone. The silicified nature of these areas indicate
formation at a high level in the hydrothermal system and the results highlight
further potential at depth, where grades may be expected to increase. Mapping
and systematic surface sampling will be undertaken to define targets for future
drill testing.
We have recently announced the discovery of a major gold zone within the
Kiziltepe prospect, which is one of five identified to date within the Sindirgi
project area.
Steven Poulton, Chief Executive, commented:
'This is the second major announcement within a week. Our team working at
Kiziltepe have confirmed a significant new gold zone and we now have the return
of consistent good grades over these silicified bodies at Umurlar within the
Kepez prospect, which is very encouraging. With over 45km of gold-silver bearing
epithermal quartz veins from only 50% of the 224 km2 Sindirgi project area, and
with new zones constantly being located, Ariana's strategy has been to define
multiple priority drill targets for resource definition. Our systematic approach
is paying dividends as the considerable potential for the project area becomes
increasingly clear'.
Contacts:
Ariana Resources plc
Steven Poulton, Chief Executive Tel: 01235 511 767
s.j.poulton@arianaresources.cominfo@
arianaresources.com Mobile: 0797 408 6712
Bankside Consultants
Michael Padley / Susan Scott Tel: 020 7367 8888
Editors note:
About the Sindirgi Gold Project
The Sindirgi gold project covers an area of 224 km2 in Balikesir Province,
western Turkey. To date at least five target areas have been defined by Ariana,
which include the prospects of Kiziltepe, Kepez, Karaduz, Kavakliduz and
Kizilcukur. Previous operators have defined over 45km of low sulphidation quartz
veins on the project. Sindirgi lies approximately 100km east of the one million
ounce vein-hosted Ovacik gold mine and 115km northwest of the five million ounce
Kisladag gold mine. Ariana acquired the Sindirgi gold project from Newmont
Mining Corporation (NYSE & ASX: NEM; TSX: NMC) in March 2005. Newmont retains
the right to a royalty of up to 2.5% on future gold production from the Sindirgi
gold project.
About the Kepez Prospect
The Kepez prospect lies within a 36km2 ten-year renewable operating licence
within the Sindirgi gold project which also contains the Kiziltepe prospect.
Kepez hosts over 2.5km in strike length of gold-silver bearing low-sulphidation
epithermal quartz veins, across an area of at least 2km by 1km. Individual veins
are exposed for up to 850m and widths vary between 1m and 25m. The main vein
trends northward, dips to the west at 50 degrees and is hosted along the contact
between Miocene age andesitic volcanic rocks and Cretaceous ophiolitic units.
Channel sampling by Ariana (previously reported in February 2006) returned a
best intersect of 8.68 g/t Au over 16m.
Sampling and Assaying Procedures
The Umurlar programme at Kepez consisted of the collection of 28 reconnaissance
rock chip samples. Of these 19 samples returned grades less than 0.5 g/t Au (67%
of the total), 3 samples between 0.5-1 g/t Au (11% of total), 3 between 1-5 g/t
Au (11% of total) and 3 samples assayed above 5 g/t Au (11% of total), with a
peak grade of 9.77 g/t Au.
All samples have been prepared by the ALS Chemex preparation facility in Izmir
and assayed by fire assay at the ALS Chemex laboratory in Vancouver. Regular
standard and blank samples are being used in the sample sequence in line with
the Company's quality control procedures.
Dr Kerim Sener, BSc (Hons), MSc, PhD, is Ariana's Exploration Director. A
graduate of the University of Southampton in Geology, he also holds a Master's
degree from the Royal School of Mines (Imperial College, London) in Mineral
Exploration and a doctorate from the University of Western Australia. He is a
Fellow of The Geological Society of London and has worked in geological research
and mineral consultancy in Southern Africa and the Northern Territory of
Australia. He has read and approved the technical disclosure in this regulatory
announcement.
About Ariana Resources
Ariana is a technology-driven exploration company focused on the discovery of
multi-million ounce potential epithermal gold-silver and porphyry copper-gold
deposits within the Tethyan metallogenic belt of Turkey. The Company has a
portfolio of prospective licences covering approximately 1,000km2, selected on
the basis of its advanced in-house remote sensing database. Ariana's broker is
Ambrian Partners Limited and Beaumont Cornish Limited is the Company's nominated
adviser.
For further information on Ariana you are invited to visit the Company's website
at
www.arianaresources.com
.
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
KEAYDIAN
- 27 Apr 2006 08:53
- 9 of 87
Kicking myself, has been on my watch list for ages.
Bugger.
h.hairettin
- 27 Apr 2006 10:30
- 11 of 87
Just found this on the other side:
Good article out on AAU.Registration to the site is free.
http://www.proactiveinvestors.com/registered/articles/article.asp?AAU
Ariana Resources: An early stage gold play with plenty of potential
Before I met with Steven Poulton, Chief Executive of Ariana Resources last week, I asked a few contacts in the City for their impressions of the company.
Slightly surprising to me, only one of them had even heard of Ariana. Part of the trouble of being a new and very small capitalised gold explorer on the Alternative Investment Market [AIM] is lack of exposure. Yet not entirely the company's fault; they are working on a small budget with a large amount of acreage to explore in Turkey, so it's only natural that the Public and Investor Relations budget is somewhat small in comparison to larger companies. A company like Ariana is also competing with hundreds of other small cap companies for investor awareness who think they are equally interesting and warrant the attention of savvy investors.
explosive
- 27 Apr 2006 10:37
- 12 of 87
One question, when I was in Turkey about 2 years ago I visited a few gold producing companies which crafted jewlery. If I remember correctly Turkish gold under the laws of the country wasn't sold on the world market but through business based in Turkey itself. Anyone know if this still applies?
KEAYDIAN
- 27 Apr 2006 13:10
- 13 of 87
Thanks Soul Traders
KD.
cynic
- 18 May 2006 16:17
- 15 of 87
1) The share will be very illiquid and therefore very difficult to trade
2) Is today/tomorrow the time to be looking at investing in another gold miner when gold still has (imo) a lot of correcting to do?
explosive
- 18 May 2006 17:13
- 16 of 87
All depends on if you believe "correcting" is price positive or negative cynic!!
cynic
- 18 May 2006 17:32
- 17 of 87
At the moment I think the end of the world is coming ...... not really I don't, but this market is really murderous as far as i am concerned ..... A bid for AB Ports would cheer me no end ..... All that is required is for the alleged strong rumour to be true ..... and of course a surge by VOG back to where they deserve to be, and a definite positive result from Eagle 1 for EME ..... similar from their Glantal gas project would be icing on the cake.
soul traders
- 23 Aug 2006 10:25
- 20 of 87
Ariana Resources PLC - Kiziltepe Drilling Underway
RNS Number:9866H
Ariana Resources PLC
23 August 2006
23 August 2006
AIM: AAU
DRILLING UNDERWAY AT KIZILTEPE GOLD PROSPECT
Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration company
focused exclusively on Turkey, announces the commencement of a 3,700m diamond
drilling programme at the Kiziltepe prospect within the Company's 100% owned
Sindirgi gold project in western Turkey.
* Drill rig mobilised and phase one of a 3,700m diamond core programme
underway
* Previous intersections include 6.29 g/t Au over 13.5m from channel
sampling at surface
* Kiziltepe prospect hosts at least 19km in strike length of gold-silver
bearing quartz veins
A total of 37 drill holes are planned at the Kiziltepe prospect to depths of up
to 150m. The programme has been designed to test the depth and grade
continuation of five principal gold-silver bearing epithermal quartz veins,
namely, Arzu South, Arzu North, Banu, Hale and Vein 5. A key objective of the
current programme is to define an initial gold resource for the Arzu South vein
in compliance with the JORC code. Drilling on the Arzu South vein is expected to
be completed by late November 2006 and initial results announced thereafter.
Ariana acquired the Kiziltepe prospect as part of the Sindirgi gold project from
Newmont Altin Madencilik Limited Sirketi, a subsidiary of Newmont Mining
Corporation (NYSE & ASX: NEM; TSX: NMC) ('Newmont') in January 2005. Newmont
retains a Net Smelter Returns royalty of up to 2.5% on future gold production
from the Sindirgi project.
Independent technical consultants SRK (UK) Limited have previously prepared a
geological model of 150,000 ounces at Arzu South (not a resource as defined by
the JORC code), representing approximately 5% of the known vein system at
Kiziltepe, based on an average gold grade of 4.2 g/t to an approximate depth of
150m.
Steven Poulton, Chief Executive, commented:
'The start of drilling at the Kiziltepe prospect, which hosts over 19km in
strike length of gold-silver bearing epithermal quartz veins, represents a
significant milestone towards defining an initial resource estimate. Our
decision to focus on the Arzu South vein is based on encouraging drilled
intersections reported by previous operators including 7.23 g/t over 10m and
extensive channel sampling by Ariana which returned grades of up to 6.29 g/t Au
over 13.5m.
'With a strong balance sheet from our successful 2 million financing in May
2006, a portfolio of prospective projects and a strong technical team on the
ground, Ariana is extremely well placed to deliver value for its shareholders.'
Contacts:
Ariana Resources plc
Steven Poulton, Chief Executive Tel: 01235 511 767
s.j.poulton@arianaresources.cominfo@arianaresources.com Mobile: 0797 408 6712
Bankside Consultants
Michael Padley / Susan Scott Tel: 020 7367 8888
About the Kiziltepe prospect
The Kiziltepe prospect lies within a 36 km2 ten-year renewable operating licence
which forms part of the Company's 100% owned 224 km2 Sindirgi gold project in
Balikesir Province, western Turkey. The project area lies approximately 100km
east of the one million ounce vein-hosted Ovacik gold mine and 115km northwest
of the five million ounce Kisladag gold mine.
Kiziltepe hosts at least 19km in strike length of gold-silver bearing
low-sulphidation epithermal quartz veins across an area of at least 3km by 1km.
Individual veins are exposed for up to 700m and widths vary between 1m and 14m.
The main veins trend NW, dip to the northeast and are hosted within Miocene age
andesitic volcanic rocks. The majority of exploration work to date at Kiziltepe
has focused on the Arzu South vein, where results from drilling by previous
owners include intersections of 7.23 g/t over 10m and 10.55 g/t over 7.5m.
Channel sampling by Ariana (previously reported in November 2005) returned a
best intersect of 6.29 g/t Au over 13.5m.
Sampling and Assaying Procedures
The drill core will be transported to the Company's core storage facility in the
local town of Sindirgi for logging, splitting and photographing. Half the core
will be prepared as one meter samples and sent to the ALS Chemex preparation
facility in Izmir and a 50g fire assay undertaken at the ALS Chemex laboratory
in Vancouver. Regular standard, duplicate and blank samples are being used in
the sample sequence in line with the Company's quality control procedures.
The drilling program will be managed by Ariana's exploration team under the
supervision of Dr Kerim Sener (Exploration Director) and Mr Muhannad Arar
(Projects Manager). Dr Sener is a graduate of the University of Southampton in
Geology, he also holds a Master's degree from the Royal School of Mines (
Imperial College, London) in Mineral Exploration and a doctorate from the
University of Western Australia. He is a Fellow of The Geological Society of
London and has worked in geological research and mineral consultancy in Southern
Africa and the Northern Territory of Australia. He has read and approved the
technical disclosure in this regulatory announcement.
About Ariana Resources
Ariana is a well funded technology-driven exploration company focused on the
discovery of epithermal gold-silver and porphyry copper-gold deposits with
multi-million ounce potential within the Tethyan metallogenic belt of Turkey.
The Company has a portfolio of prospective licences covering approximately
1,000km2, selected on the basis of its advanced in-house remote sensing
database. Ariana's broker is Ambrian Partners Limited and Beaumont Cornish
Limited is the Company's nominated adviser. For further information on Ariana
you are invited to visit the Company's website at www.arianaresources.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END