Business
Update on Dokwe Project Feasibility Activities
Ariana Resources plc has announced significant progress on its Dokwe Gold Project in Zimbabwe, with a Metallurgical Sampling and Testwork Agreement completed with Hongkong Xinhai Mining Services for A$1 million in Ariana CDIs, initiating diamond drilling and Phase 1 metallurgical testwork. Geotechnical drilling is also underway, and an update to the 2022 Pre-Feasibility Study is expected this quarter, with the Definitive Feasibility Study targeted for Q1 2027. Studies for tailings, waste management, and water balance are in progress, and the company's core scanning unit, BoxScan, has arrived on site to enhance data collection for geological models. The existing JORC Resource estimate of 1.12Moz at 1.52g/t Au is planned for review in H2 2026 to support the DFS. Disclaimer*
About this update from Ariana Resources Plc
[{"type":"text","content":"\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n07 May 2026\nAIM: AAU\nASX: AA2\n \nUpdate on Dokwe Project Feasibility Activities\nMetallurgical Sampling and Testwork Agreement Completed\n \nAriana Resources plc (AIM: AAU, ASX: AA2, \"Ariana\" or the \"Company\"), the mineral exploration and development company with gold project interests in Africa and Europe, is pleased to announce an update on field and other technical programmes that are underway at its 100% owned Dokwe Gold Project (\"Dokwe\" or \"the Project\") in Zimbabwe, which are contributing toward the Definitive Feasibility Study (\"DFS\").\nHighlights:\no Metallurgical Sampling and Testwork (\"MST\") Agreement completed with Hongkong Xinhai Mining Services (\"Xinhai\") to provide diamond drilling and Phase 1 metallurgical testwork for A$1m in Ariana CDIs.\no Metallurgical testwork diamond drilling programme underway at Dokwe North, utilising two drill rigs overseen by Xinhai.\no Geotechnical diamond drilling programme utilising an independent third drill rig underway at Dokwe Central.\no Completion of an update to the 2022 Pre-Feasibility Study (\"PFS\"), including the Dokwe North and Dokwe Central deposits, is expected in the current quarter.\no A range of field and other technical programmes is underway to support the DFS, currently expected for delivery in Q1 2027.\no Tailings, waste management and water balance studies are underway.\no Core scanning unit, BoxScan, has arrived on site and will be used to take a range of detailed measurements of drill core from the programmes.\no Review of existing 1.12Moz @ 1.52g/t Au (at a 0.6g/t Au cut-off) Measured, Indicated & Inferred JORC Resource estimate planned for H2 2026, will underpin the DFS.\nDr Kerim Sener, Managing Director, commented:\n\"Our technical team continues to make excellent progress towards completing the Feasibility Study for the Dokwe Gold Project and its associated technical work. We now have about 40 people on site at Dokwe across the Ariana and Xinhai teams, with diamond drilling underway as part of a three-rig programme totalling an initial c.3,500m, focusing on geotechnical and metallurgical dri...