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ARZU CENTRAL DRILLING RESULTS
ARZU CENTRAL DRILLING RESULTS.
About this update from Ariana Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1961I\n Ariana Resources PLC\n 11 August 2021\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 11 August 2021\n \n \n AIM: AAU\n \n \n \n \n \n ARZU CENTRAL DRILLING RESULTS\n \n \n \n \n \n Ariana Resources plc (\"Ariana\" or \"the Company\"), the AIM-listed mineral exploration and development company with joint-venture gold mining operations in Europe, is pleased to announce recent resource drilling results obtained from the Arzu Central area of the Kiziltepe Mine (\"Kiziltepe\" or \"the Project\"). Kiziltepe is part of the Zenit Madencilik San. ve Tic. A.S. (\"Zenit\") Joint Venture (\"JV\") with Proccea Construction Co. and Ozaltin Holding A.S. and is 23.5% owned by Ariana.\n \n \n Highlights:\n \n \n \n \n \n · \n New significant intercepts within the Arzu Central area include: \n \n \n \n \n \n o \n 10.8m @ 2.00g/t Au + 32.8g/t Ag\n \n \n o \n 8.5m @ 2.16g/t Au + 57.2g/t Ag\n \n \n o \n 2.0m @ 8.37g/t Au + 50.0g/t Ag\n \n \n \n \n \n · \n Confirmation of high-grade continuity to depth for the extensions to Arzu North and Derya into the Arzu Central area. \n \n \n \n \n \n · \n New geological modelling currently underway to define an updated Mineral Resource Estimate and Exploration Target in compliance with JORC (2012). \n \n \n \n \n \n \n \n \n Dr. Kerim Sener, Managing Director, commented:\n \n \n \n \n \n \"The latest drilling results from Kiziltepe demonstrate unequivocally that the Arzu and Derya vein systems are interlinked without interruption through the Arzu Central area, which is largely obscured beneath cover rocks. We have long suspected that the vein system at Kiziltepe was not limited to the areas being mined and these results confirm that the Arzu structure itself is at least 2.5km long, with only about 50% of that strike length having been mined so far. Likewise, the Derya structure clearly represents a splay off the main NW trend of the Arzu structure, which interestingly appears to carry typically higher grades than Arzu North.\n \n \n \n \n \n \"What is immediately apparent from our latest understanding is that there is an area of not fully quantified resource potential in the area encompassing Arzu North, Derya and the Ceylan veins. We...