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Further Positive Drilling Results at Hizarliyayla
Further Positive Drilling Results at Hizarliyayla.
About this update from Ariana Resources Plc
[{"type":"text","content":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n6 December 2023\nAIM: AAU\nFURTHER POSITIVE DRILLING RESULTS AT HIZARLIYAYLA\nAriana Resources plc (\"Ariana\" or \"the Company\"), the AIM-listed mineral exploration and development company with gold mining interests in Europe, is pleased to announce a further set of results from the Hizarliyayla area of the Salinbas Project and outline the progress of the geophysical survey over the area. The project is operated via Zenit Madencilik San. ve Tic. A.S. (\"Zenit\"), in partnership with Proccea Construction Co. and Ozaltin Holding A.S. and is 23.5% owned by Ariana.\nHighlights:\n· Hizarliyayla drilling programme completed for 6,005.8 metres, comprising 10 diamond drillholes since December 2022.\n· Best high-grade intercepts to date include:\no HZR006 1.0m @ 2.80g/t Au + 5.26g/t Ag from 72.5m\no HZR003 3.4m @ 1.08g/t Au + 7.11g/t Ag from 202.0m\no HZR003 2.0m @ 1.17g/t Au + 52.03g/t Ag + 2.76% Zn + 0.23% Cu from 333.0m\no HZR001 4.9m @ 2.85% Zn + 0.96% Pb + 30.17g/t Ag from 158.5m\no HZR003 1.3m @ 0.75% Cu from 49.0m\n· Best longer, lower-grade intercepts include:\no HZR003 24.4m @ 0.34g/t Au + 2.88g/t Ag from 182.3m\no HZR002 36.4m @ 0.17g/t Au + 1.18g/t Ag from 186.3m\no HZR002 29.2m @ 0.12g/t Au + 1.61g/t Ag from 293.3m\n· 4,503 assay results received to date, with 2,467 remaining samples pending assay and multi-element analysis at the Kiziltepe Mine Laboratory (\"KML\").\nTo read a pdf version of the announcement, please click here: http://www.rns-pdf.londonstockexchange.com/rns/7722V_1-2023-12-5.pdf\nDr. Kerim Sener, Managing Director, commented:\n\"Six months on from our announcement of the discovery of a substantial intermediate-sulphidation precious and base-metal-rich epithermal system at Hizarliyayla, we are very pleased to announce further positive drilling results from the extended drilling programme. We were able to yield typically better gold and silver grades than our discovery drillholes and this work represents the culmination of a concerted effort to understand the operative mineral system across the broader Salinbas Project area. We recognise that Hizarliyayla represents a zone of mineralisation and alteration which lies on a potential extension of the Hot Maden syste...