Business
Update on Sindirgi
Update on Sindirgi.
About this update from Ariana Resources Plc
[{"type":"text","content":"\n \n\n\n\n2 April 2009\nAIM / PLUS Markets: AAU\n\n UPDATE ON SINDIRGI ACTIVITIES\n\n TRIAL MINING & NEW DRILL PROGRAMME\n\nAriana Resources plc (\"Ariana\" or \"the Company\"), the gold\nexploration and development company focused on Turkey, is pleased to\nprovide an update of its operational activities at the Sindirgi Gold\nProject. Trial mining of the Arzu South vein is underway and a new\ndrilling programme on two additional veins has commenced. The\ndrilling programme is designed to test potential extensions to the\nexisting resource.\n\nDr. Kerim Sener, Managing Director, commented:\n\n\"Trial mining has been underway at the Arzu South vein of the\nKiziltepe deposit since mid-March. Grade-control of initial\nstockpiles has demonstrated higher than expected gold grades over the\ncentral portion of the vein. This provides a considerable boost to\nour confidence and the team is continuing to work to ensure a\npositive outcome from the trial.\n\n\"Elsewhere on the Kiziltepe deposit, the Company has initiated\ndrilling on two veins occurring to the west of Arzu South which have\nnot been drill-tested effectively in the past. This drilling will\nlead towards a further drilling programme scheduled for the summer,\nwhich is designed to test for the continuity of the mineralised Arzu\nstructure beneath cover.\"\n\nTrial Mining\n\nTrial mining activities commenced on schedule on Saturday 14th\nMarch. This involved the use of an excavator/rock-breaker to level\nsurface outcrops, to create an initial stockpile of surface ore and\nto prepare the ground for grade-control drilling. Samples collected\nfrom surface material were analysed at the Eti Gümüs A.S. (\"Eti\")\nlaboratory and confirmed continuity of grade along 100m of strike\nover the central portion of the vein. The results of these analyses\nhave exceeded expectations of surface grade at Arzu South, recording\nan average of 7.6 g/t Au (max. 20.4 g/t Au, 220 g/t Ag; min. 1.8 g/t\nAu, 10 g/t Ag). Approximately 500 tonnes of this high-grade material\nis currently stockpiled at site.\n\nGrade-control drilling was undertaken on Friday 27th March. Nine\ngrade control holes were drilled over 100m of strike to depths of 8\nto 20m from which seventy-three 2m composite samples were collected\nand dispatched to the Eti laboratory for analysis along with standard\nand blank samples fo...