Ariana Resources: An early stage gold play with plenty of potential


EXPLORATION AND MINING IN TURKEY


Ariana Resources plc is an AIM-listed and PLUS-traded gold exploration and development company. Ariana's advanced projects are located in western Turkey. Production is currently scheduled to start in 2012 on the Red Rabbit Gold Project. Ongoing exploration is fulfilled through our own work in western Turkey, via joint venture (European Goldfields) and strategic investment (Tigris Resources). Ariana is spearheaded by an experienced management team, which aims to discover and develop new gold mines.

Current JORC resources stand at 450,000 oz
Developing the Red Rabbit Gold Project
First production scheduled for 2012
Trial mining commenced in 2009
Quality licence portfolio with seven drill-stage prospects

Strategy : The Company has dedicated much of its exploration effort on the Western Anatolian Volcanic and Extensional (WAVE) Province in western Turkey. This province hosts the largest operating gold mines in Turkey and remains highly prospective for new porphyry and epithermal deposits.

Within this province Ariana has one advanced development project (Red Rabbit Project) and a further two advanced exploration projects (Ivrindi and Demirci). The region surrounding the projects is named the WAVE Project Area, with our base of operations at Sindirgi located strategically at its core. Current resources held by the Company in the WAVE Project Area stand at 448,000 oz Au equivalent.

In addition to containing our advanced projects, the Project Area encompasses the majority of our exploration tenements in western Turkey. The exploration and development risk to future gold resources in this region is reduced due to excellent infrastructure and established local mining operations.

Ariana envisages that an aggregate resource of 1Moz of gold can be achieved within the Project Area and our strategy is designed to build on our existing resource base via exploration and future acquisitions.

In parallel to our resource development and exploration strategy in western Turkey, Ariana has joint ventured its exploration portfolio in northeastern Turkey to European Goldfields Limited and made a strategic investment in Tigris Resources (Jersey based private company). The Company also continues to evaluate new opportunities for acquisition or joint venture.

Objective : Ariana's objective is to deliver shareholder value through the discovery of new gold deposits and the development of gold mines.

The Company is committed to delivering value through a robust, cost-efficient and focused exploration and development strategy, which integrates geoscientific knowledge and new technologies to identify and advance and develop prospects rapidly.

Ariana is targeting the discovery of a multi-million ounce gold deposit in Turkey and intends to achieve this through a combination of acquisition, strategic partnership and full utilisation of its significant exploration expertise in Turkey.


http://www.arianaresources.com/investors/presentations

http://www.arianaresources.com/

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Ariana confirms new vein systems at Red Rabbit
StockMarketWire.com
Turkey-focused gold explorer and developer Ariana Resources has confirmed new vein systems following drilling in the 'gap zone' at its Red Rabbit project.

It said drilling in the Arzu South/Arzu North 'gap zone' returned a first result of 8.7m (drilled) @ 2.03 g/t Au and 9.9 g/t Ag from 15m down hole and demonstrated potential for multiple parallel vein and breccia zones.

Further exploration drilling is planned for the wider Kiziltepe area, which demonstrates potential for additional economic vein systems to feed into the current Red Rabbit project resource of 448,000oz gold equivalent ('Au eq').

A deep drilling campaign at Kiziltepe is being planned to determine the long term underground potential of the project to extend the current projected mine life of eight years.

Managing director Dr. Kerim Sener said: "The scope and potential for the wider Red Rabbit project continues to grow as we advance our exploration activities in the area.

"Initial indications from the drilling campaign in the 'gap zone' between the planned Arzu South and Arzu North pits have demonstrated encouraging widths and grades, and I look forward to providing shareholders with further information regarding the identification of additional vein systems as drilling continues."

Following the resounding success of our first two events, Mining and Resources Quarterly is proud to offer another chance for you to meet, hear from and ask questions of key senior management figures from carefully selected companies.



This event offers an unique opportunity not only to hear about the latest plans from some of the most exciting companies in the sector, but also to put your questions to the people that matter. What is more, there is a free drinks and canapés reception where you can mingle with industry leaders and your fellow investors. Make sure you don't miss this unique opportunity to get the answers you need from the people who make the market.

NEXT EVENT

Date: Wednesday 23rd May 2012

Venue: Novotel, London Tower Bridge, 10 Pepys Street, London, EC3N 2NR

Registration: 6.00pm

Presentations: 6.30pm followed by a drinks/canapés reception



Companies Presenting:



Magnolia Petroleum Plc is an AIM quoted, US focussed, oil and gas exploration and production company with interests in 70 producing properties and non-producing assets covering 16,515 gross acres and 3,000 net acres primarily located in the oil rich Mississippi play in Oklahoma, 4,850 gross acres and 375 net acres in the highly productive oil play in the Bakken/Three Forks Sanish fields in North Dakota as well as the substantial and proven Woodford and Hunton plays, in Oklahoma. The Company focuses on producing areas where the application of horizontal drilling and/or hydraulic fracturing and other techniques offers scope to significantly improve recovery/flow rates. Targeting proven areas lowers exploration risk, illustrated by Magnolia's tremendous success rate achieved so far - 27 out of the first 28 wells in which the Company has participated in have been commercially successful. In addition Magnolia focuses on fields that predominantly produce oil rather than gas securing higher revenues and margins as a result of the higher oil price.



Kea Petroleum (AIM:KEA) is an oil and gas explorer in New Zealand and Australia. Taranaki, New Zealand where Kea is currently exploring has a long history of proven reserves. In 2010 New Zealand Energy Corp and Tag Oil both struck oil resulting in share prices increasing 165% and 100% respectively.

2012 has seen the beginning of Kea’s most exciting and active year. On 10 April, it struck oil and is awaiting equipment to test a field with a potential between one and three million barrels. Two weeks later it commenced drilling its second 2012 well. Later drilling will include one co-funded by Methanex, the world’s largest supplier of methanol.

Ian Gowrie-Smith, Chairman will detail Kea’s exciting prospects.

Ariana Resources



Ariana Resources PLC is an AIM listed gold exploration and development company focussed on epithermal gold-silver and porphyry copper-gold deposits in Turkey.

The Company aims to deliver shareholders value through the dual strategy of developing a profitable gold mining operation and building long term value through exploration. Ariana creates value via the identification and advancement of projects up the value curve to development.

Michael de Villers, Non-Executive Director and Company Secretary, will focus on the recent progress made towards establishing a profitable mining operation at the Red Rabbit Gold Project in Western Turkey, in addition to updates on its independent and joint venture exploration activities.The presentation will also set out the Company's key objectives as Red Rabbit moves towards production, and the key value triggers which investors should watch out for over the next 12 months.





Click here to go to Event

I know this is just a tiddler but I'm on the look-out for gold producers / imminent producers. I reckon that with all this debt countries are piling up, and paper money being printed, Gold reserves will remain in demand (even though Gold prices are currently high already).

RNS out yesterday: Ariana's JV Partner Buy Shares

Dr. Kerim Sener, Managing Director, commented: "This financing solution provides the Company with sufficient capital to complete its technical studies on the Kiziltepe Sector of the Red Rabbit Gold Project and to initiate formal mine permitting procedures. With this crucial phase of pre-production development underway, we can secure the necessary finance to commence construction in the latter half of 2013, enabling the Red Rabbit Gold Project to move into production in the near term.

"Together with Proccea, Ariana is working to secure the estimated $23m project capital required by Zenit Madencilik, the Red Rabbit JV company, required to build the mine. Early discussions with potential project financiers have already generated encouragingly positive feedback, underpinning the highly attractive economic fundamentals achievable at Red Rabbit's initial sector of focus, including a net present value of up to $49.8m and internal rate of return of 47.8%, with payback secured in 2.1 years.

"We are also very pleased that our project partners, Proccea, are now shareholders in the company holding 2.45%. This is in recognition of the strength and solidarity of our partnership, and the proximity of the project to production." [my italics]

The Shares Magazine 'Mining and Resources Investor Evenings' have now become firmly established in investors diaries, so we are proud to offer you another chance to meet, hear from and ask questions of key senior management figures from carefully selected companies in the mining, oil and gas sector.

This event offers a unique opportunity not only to hear about the latest plans from some of the most exciting companies in the sector, but also to put your questions to the people that matter. What is more, there is a free drinks and canapés reception where you can mingle with industry leaders and your fellow investors. Make sure you don't miss this unique opportunity to get the answers you need from the people who make the market.

The evening conference is tailor-made for private investors and professionals who already have exposure to mining and resources stocks, or anyone who is considering putting money to work in these exciting and dynamic industries.

Tickets are completely free but places are strictly limited so register now.

SHARES MAGAZINE MINING AND RESOURCE INVESTOR EVENINGS - LONDON - WEDNESDAY 4th DECEMBER 2013



Venue: Novotel London Tower Bridge, 10 Pepys Street, London EC3N 2NR


Registration: 6.00pm Presentations: 6.30pm followed by a drinks/canapés reception


Companies Presenting: Herencia Resources (AIM:HER), Mariana Resources (AIM:MARL), Minco (AIM:MIO) and Xtract Resources (AIM:XTR)

REGISTER NOW FOR LONDON EVENT ON 4th DECEMBER 2013

SHARES MAGAZINE MINING AND RESOURCE INVESTOR EVENINGS - LONDON - THURSDAY 5th DECEMBER 2013



Venue: Novotel London Tower Bridge, 10 Pepys Street, London EC3N 2NR


Registration: 6.00pm Presentations: 6.30pm followed by a drinks/canapés reception

Companies Presenting: Ariana Resources (AIM:AAU), Ferrex (AIM:FRX), Horizonte Minerals (AIM:HZM) and Solgold (AIM:SOLG)

REGISTER NOW FOR LONDON EVENT ON 5th DECEMBER 2013

Ariana Resources - Master Investor 2015

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Who Should Attend?Date:

Tuesday 30th June 2015

Venue:

Novotel Tower Bridge, London EC3N, 10 Pepys Street, London, EC3N 2NR

Event Timings:Sponsored by:

Who Should Attend?Date:

Thursday 16 November 2017

Venue:

Novotel Tower Bridge, London EC3N 2NR, 10 Pepys Street, London, EC3N 2NR

Event Timings:Sponsored by: