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Hizarliyayla Drilling and Geophysics Results
Hizarliyayla Drilling and Geophysics Results.
About this update from Ariana Resources Plc
[{"type":"text","content":"\n\n\n \n \n \n\n28 August 2024\nAIM: AAU\nHIZARLIYAYLA DRILLING AND GEOPHYSICS RESULTS\nPotential for mineralisation akin to the world-class Hod Maden deposit, 8.5km south\n \nAriana Resources plc (\"Ariana\" or \"the Company\") is pleased to announce a further set of results from the Hizarliyayla area of the Salinbas Project and an outline of the results of the geochemical study and geophysical survey over the area. Ariana is an AIM-listed mineral exploration and development company with gold project interests in Africa and Europe and owns 23.5% of Zenit Madencilik San. ve Tic. A.S. (\"Zenit\") in partnership with Proccea Construction Co. (23.5%) and Ozaltin Holding A.S. (53%). Hizarliyayla is 100% owned by Zenit.\nHighlights:\n· Final laboratory assay results received for the Hizarliyayla drilling programme and reviewed in the context of new geophysical and geochemical data.\n· Best intercepts to date include:\no HZR010 0.5m @ 3.96g/t Au + 28.65g/t Ag from 540.5m\no HZR009 0.7m @ 1.16% Cu + 0.72% Pb + 29.39g/t Ag from 293.3m\no HZR009 1.15m @ 0.76g/t Au + 22.09g/t Ag + 1.46% Zn from 300.0m\no HZR009 0.45m @ 1.59g/t Au + 47.28g/t Ag from 644.8m\no HZR010 0.4m @ 10% Zn + 2.38% Pb + 317.01g/t Ag from 662.3m\n· Geochemical and alteration zoning, particularly in the vicinity of a north-south-trending subvertical structure, may indicate proximity to a potentially mineralised porphyry intrusion in a structural setting akin to the world-class Hod Maden deposit, representing one of the highest margin development assets globally.\n· Induced Polarisation survey for 12 line kilometres completed, data processed and new targets defined, including a significant set of coherent chargeability and resistivity anomalies on the western flank of Hizarliyayla.\n· Additional c. 3,000m of diamond drilling commencing for the Salinbas and Ardala areas to complete and partly extend the original programme.\nTo read a pdf version of the announcement, please click here: http://www.rns-pdf.londonstockexchange.com/rns/8662B_1-2024-8-27.pdf\nDr. Kerim Sener, Managing Director, commented:\n\"The latest diamond drilling and geophysics results from the Hizarliyayla exploration programme continue to demonstrate the lat...