fletch61
- 02 Feb 2006 09:14
Take a look rns out today
share trader
- 19 Jul 2007 09:40
- 75 of 87
explosive
- 20 Jul 2007 10:23
- 76 of 87
Sounds like another latitude resources, doesn't matter what the grades are like if no-one is prepared to finance.
share trader
- 25 Jul 2007 23:30
- 77 of 87
share trader
- 10 Aug 2007 18:23
- 78 of 87
smiler o
- 24 Sep 2007 08:24
- 79 of 87
24 September 2007
AIM / PLUS Markets: AAU
INTERIM REPORT FOR SIX MONTHS TO 30 JUNE 2007
Ariana Resources plc ("Ariana" or "the Company"), the gold
exploration company focused on Turkey, today released its interim
report for the six months ended June 30, 2007.
Highlights:
* 135,000 oz JORC resource established on Arzu South, Kiziltepe
prospect
* Exclusivity agreement on the 130,000 oz Tavsan gold project
* Successful drill-testing of the Kinik prospect
* Board restructured and enhanced
Post Period:
* Positive metallurgical results for Arzu South, Kiziltepe prospect
* Drilling recommenced at the Sindirgi gold project
* Acquisition of the Ardala Cu-Au porphyry prospect
* Shares admitted to PLUS markets, in addition to existing quote on
AIM
Michael Spriggs, Chairman, commented:
"Our strategy through a process of regional opportunity
identification and intelligent exploration, is to define resources
that can be developed rapidly into profitable gold mines in Turkey.
The objective is to achieve an aggregate resource of 1 million ozs of
gold (Au).
"With 135,000 oz Au equivalent defined to date at our flagship
Kiziltepe prospect and, with additional resource potential in the
vicinity, we expect before long to reach our baseline target of
250,000 oz Au. Phase Two drilling at the Kiziltepe prospect, coupled
with the possible purchase of the 130,000 oz Tavsan project, will
help establish the foundations of a viable resource base for the
Company.
"We are determined to capitalise on our 'first mover' advantage
through the establishment of an economic resource at Kiziltepe, from
which a small gold producing operation may be initiated. With this
in mind, the Company will pursue a formal scoping study for Kiziltepe
at the end of the year, from which our options for the development of
the prospect will be clarified."
For further information, please contact:
smiler o
- 25 Sep 2007 14:10
- 80 of 87
25 September 2007
AIM / PLUS Markets: AAU
PLACING TO RAISE 933,068
Ariana Resources plc ("Ariana" or "the Company"), the gold exploration
company focused on Turkey, is pleased to announce the placing of
23,326,700 new Ordinary Shares of 1 pence each with certain
institutional and private investors ("the Placing") at a price of 4
pence per share, raising 933,068 before expenses. One Warrant is
issued for every three Ordinary Shares to subscribe for new ordinary
shares at a strike price of 8 pence with an exercise period of 3 years.
Dr. Kerim Sener, Managing Director, commented:
"The level of interest generated by the Placing was beyond expectation
with the fundraising well received by new institutional and private
investors. The Directors of the Company also supported the Placing.
"The additional funds will allow the Company to expand its drilling
programme and to increase its current JORC resource to the baseline
target of 250,000 oz Au. A formal scoping study will be carried out at
Kiziltepe to clarify the options for the development of a gold
producing operation.
"We welcome our new shareholders and look forward to keeping our
investors advised of the Company's progress as we move towards joining
the ranks of gold producers".
Details of Placing
The Placing was undertaken for 23,326,700 ordinary shares (the "Placing
Shares") of 1 pence each ("Ordinary Shares") at 4 pence per Ordinary
Share and up to 7,775,567 free warrants to subscribe for ordinary
shares at a strike price of 8 pence and at an exercise period of 3
years ("the Warrants"). One Warrant will be issued with every three
shares.
The Placing is conditional upon admission to trading on AIM of the new
Ordinary Shares. Application will be made to the London Stock Exchange
for the new Ordinary Shares to be issued pursuant to the Placing to be
admitted to trading on AIM. It is anticipated that Admission will
become effective and dealings will commence on Friday 28 September
2007. The new Ordinary Shares will rank pari passu, in all respects,
with the existing Ordinary Shares that are currently traded on AIM.
Following admission of these shares, there will be a total of
70,284,062 Ordinary Shares in issue. The warrants will not be listed.
All Directors of the Company participated in the Placing, following the
announcement of the Company's Interim Results on the 24 September 2007,
on the same terms as outlined above: the Directors and related parties
have acquired a total of 2,314,200 shares.
Following the Placing, the Directors' shareholdings are as follows:
+-------------------------------------------------------------------+
| | Placing | Shareholding | Percentage holding |
| | Shares | following | of issued shares |
| | | Placing | following Placing |
|---------------+-----------+--------------+------------------------|
| Kerim Sener * | 314,200 | 2,650,000 | 3.77% |
|---------------+-----------+--------------+------------------------|
| Michael | 1,000,000 | 1,083,333 | 1.54% |
| Etheridge | | | |
|---------------+-----------+--------------+------------------------|
| Michael | 125,000 | 237,500 | 0.33% |
| Spriggs | | | |
|---------------+-----------+--------------+------------------------|
| Michael de | 875,000 | 1,112,500 | 1.58% |
| Villiers | | | |
+-------------------------------------------------------------------+
* Kerim Sener's shareholding includes shares held by related parties.
smiler o
- 05 Oct 2007 16:29
- 81 of 87
5 October 2007
AIM / PLUS Markets: AAU
ARIANA RESOURCES plc
HOLDINGS IN COMPANY
Ariana Resources plc ("the Company"), the gold exploration company
focused on Turkey, announces that it received notification on 2nd
October 2007 that JP Morgan Asset Management (UK) Limited owns
3,238,462 Shares, representing a holding in the Company's enlarged
issued share capital following the Further Placing announced on the
27th September 2007 of 4.6%.
shoie
- 11 Dec 2007 21:02
- 82 of 87
Ariana Resources PLC said it is encouraged with the latest drilling results on the Arzu south vein at the Kiziltepe prospect.
Drilling is due to start up again in December, and the company expects to complete the drilling programme during the first quarter of 2008.
smiler o
- 11 Dec 2007 22:05
- 83 of 87
Sounds positive :)
smiler o
- 20 Dec 2007 11:14
- 84 of 87
19 December 2007
AIM / PLUS Markets: AAU
DRILLING AND RESULTS UPDATE
Ariana Resources plc ("Ariana" or "the Company"), the gold
exploration company focused on Turkey, announces additional results
from 14 Reverse Circulation (RC) drill holes completed on the Arzu
South Vein, at the Kiziltepe gold prospect. This provides
supplementary information to an announcement made earlier this month
and includes silver grades and unreported gold intersections.
Highlights
* New intersections include 10m at 6.3 g/t Au equiv. and 5m @ 20.1
g/t Au equiv.
* Peak grades over 1m intervals include 43.8 g/t Au and 1070 g/t Ag
* 2,500m of additional drilling to commence next week
Details of Programme
This release reports additional assay data for the 14 RC drill holes
reported on the 3rd December. The holes reported in that release
totalled 1,298m and were drilled to depths of between 60 and 135
metres along a 650m section of vein strike length. The new assay
data has been added to the original data table and the updated
intersections are given in Table 1 below. Three new mineralised
intersections have been added to the original table, the most notable
of which is 10m at 6.3 g/t Au equivalent.
A further programme of 2,500 m of drilling, devised in conjunction
with our consultants, SRK, is now scheduled to commence on the 25th
December 2007. This additional drilling will target the top 50m of
the current resource and is designed to drill-out the veins to 20m
lateral and vertical spacing. This spacing is designed to enable
estimation of a JORC-compliant resource in the Measured and Indicated
categories throughout the upper 75m of the vein system. This depth
will account for the mineralisation most likely to be accepted by an
open pit model and provide the geological control required in the
uppermost zone of the resource.
Dr. Kerim Sener, Managing Director, commented:
"These results build upon and confirm the positive results announced
earlier this month.
"The additional drilling due to commence next week will help to
determine the resource potential of the near surface mineralisation
at the Arzu Vein. We also intend to determine the optimal mining and
processing route for this relatively high-grade resource, which, due
to its proximity to surface, could be mined by open pit.
"We expect to complete the drill programme in early 2008 and to
revise the resource estimate in the second quarter."
smiler o
- 14 Jan 2008 13:26
- 85 of 87
KIZILTEPE DRILLING AND BUSINESS UPDATE
Ariana Resources plc ("Ariana" or "the Company"), the gold
exploration company focused on Turkey, is pleased to announce that
the new drilling programme at Kiziltepe on the Arzu South and North
veins has commenced and is expected to be concluded by March 2008.
Highlights
* New drilling programme underway at Kiziltepe
* Diamond drill-rig ordered; in-house drilling team to be
established
* Opportunity search and new exploration underway
Drilling Programme
A 2,500m diamond drilling programme has commenced on schedule at the
Kiziltepe prospect. This additional programme is part of the
resource definition work, which began in September 2007, and follows
on from our successful RC-drilling programme at Kiziltepe late last
year. The aim of this programme is to provide greater confidence in
the mineral resource estimate to 50m vertical depth, as this portion
of the resource is most likely accessible by open-pit.
A summary of the main drilling intersections reported previously for
the Arzu South Vein at the Kiziltepe prospect are listed in the
appendix below.
Other Activities
Ariana's operating subsidiary, Galata Madencilik San. ve Tic. Ltd.,
has recently concluded an agreement to purchase a diamond drilling
rig for delivery to Turkey in May 2008. In conjunction with this,
the Company is in the process of establishing its own drilling and
geological evaluation team. The in-house drilling team will allow
the Company to drill at any time of the year and will provide
increased flexibility to test new targets on Ariana's own projects or
those of potential joint venture partners. The drilling rig will
provide pay-back within one year, based on our planned drilling for
2008.
Following a complete desk-review of exploration opportunities in
Turkey, a new exploration programme is to commence in the Spring to
further develop the pipeline of drill-ready exploration
opportunities. The new drill-rig will be utilised to systematically
test the existing prospects and any new drill targets that are
identified and secured following the desk-review.
Dr. Kerim Sener, Managing Director, commented:
"Results from previously reported drill intersections, such as 8.9m
at 10.7 g/t and 6.6m at 15.5 g/t gold equivalent, underpin our
confidence in the Kiziltepe vein system to provide a near-surface,
high-grade gold-silver resource, which may be mined by open-pit.
"The results from the ongoing drilling programme at the Kiziltepe
prospect continue to confirm our expectation that the Sindirgi
Project will yield an economic gold resource, and the current
drilling programme has been designed to increase our confidence in
the top 50m of the deposit. This data will allow us to develop a
robust open pit model.
"An in-house drilling team will enable us to grow the Company through
further resource definition work at the Sindirgi Project as well as
at other sites of interest.
"2008 promises to be an important year for the Company's progress
towards becoming a gold producer in Turkey."
Andy
- 18 Jan 2008 11:03
- 86 of 87
Excellent article on AAU!
HERE
smiler o
- 18 Jan 2008 11:19
- 87 of 87
Thanks Andy, could be an interesting year & still think this Could be a good long term punt ! :)