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RNS Number : 8904W Ariana Resources PLC 28 August 2025
RNS Reach
28 August 2025
AIM: AAU
CONFERENCE ATTENDANCE: AFRICA DOWN UNDER IN PERTH
Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed mineral
exploration and development company with gold project interests in Africa and
Europe, is pleased to announce that it will be attending the Africa Down Under
("ADU") Conference at the Pan Pacific in Perth, Western Australia between 3- 5
September 2025.
ADU is a leading forum for Australian-African business and government
relations, raising awareness for Australian interests in African mining and
energy.
The Ariana team will be at booth number 53, discussing the progression of the
Company's Dokwe Gold Project in Zimbabwe, with key stakeholders and investors
during the conference.
To register and find out more details about the event, please click here:
https://www.africadownunderconference.com/registration/
(https://www.africadownunderconference.com/registration/)
Contacts:
Ariana Resources plc Tel: +44 (0) 20 3476 2080
Michael de Villiers, Chairman
Kerim Sener, Managing Director
Beaumont Cornish Limited Tel: +44 (0) 20 7628 3396
(Nominated Adviser)
Roland Cornish / Felicity Geidt
Zeus Capital (Joint Broker) Tel: +44 (0) 203 829 5000
Harry Ansell / Katy Mitchell
Fortified Securities (Joint Broker) Tel: +44 (0) 203 411 7773
Guy Wheatley
Shaw and Partners (Lead Manager - ASX) Tel: +61 (0)2 9238 1268
Damien Gullone
Yellow Jersey PR Limited (Financial PR) Tel: +44 (0) 7983 521 488
Dom Barretto / Shivantha Thambirajah / arianaresources@yellowjerseypr.com
Bessie Elliot
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About Ariana Resources:
Ariana is an AIM-listed mineral exploration and development company with an
exceptional track-record of creating value for its shareholders through its
interests in active mining projects and investments in exploration companies.
Its current interests include a major gold development project in Zimbabwe,
gold-silver production in Türkiye and copper-gold-silver exploration and
development projects in Cyprus and Kosovo.
Ariana owns 100% of the Dokwe Gold Project ("Dokwe") in Zimbabwe. Dokwe is
made up of the Dokwe North and Dokwe Central gold deposits which are located
in the Tsholotsho District near the city of Bulawayo. The deposits have a
combined in-pit JORC Measured, Indicated and Inferred Resource of over 1.42
million ounces of gold (as at March 2025) and the project represents the
largest undeveloped gold project in Zimbabwe. A Net Smelter Return ("NSR")
royalty of 0.5% on future production is payable to Yataghan Investments
(Private) Limited.
The Company holds 23.5% interest in Zenit Madencilik San. ve Tic. A.S. a
joint venture with Ozaltin Holding A.S. and Proccea Construction Co. in
Türkiye which contains a depleted total of c. 2.2 million ounces gold
equivalent (as at March 2024, using a price ratio of 90 Ag to 1 Au). The joint
venture comprises the Kiziltepe and Tavsan mines and the Salinbas project.
The Kiziltepe Gold-Silver Mine is located in western Türkiye and contains a
depleted JORC Measured, Indicated and Inferred Resource of 171,700 ounces gold
and 3.3 million ounces silver (as at March 2024). The mine has been in
profitable production since 2017 and has producted at an average rate of
c.21,500 ounces of gold per annum. A NSR royalty of 2.5% on production is
being paid to Franco-Nevada Corporation.
The Tavsan Gold Mine is located in western Türkiye and contains a JORC
Measured, Indicated and Inferred Resource of 311,000 ounces gold and 1.1
million ounces silver (as at March 2024). The Tavsan processing plant achieved
operational status in July 2025 and will become the second gold mining
operation in Türkiye. A NSR royalty of up to 2% on future production is
payable to Sandstorm Gold.
The Salinbas- Ardala Gold Project is located in north-eastern Türkiye and
contains a JORC Measured, Indicated and Inferred Resource of 598,000 ounces of
gold at the Salinbaş project and 939,000 ounces of gold at the Ardala project
(as at July 2020). It is located within the multi-million ounce Artvin
Goldfield, which contains the "Hot Gold Corridor" comprising several
significant gold- copper projects including the 4 million ounce Hot Maden
project, which lies 16km to the south of Salinbas. A NSR royalty of up to 2%
on future production is payable to Eldorado Gold Corporation and a separate
private NSR royalty of 1.5% is payable with respect to the Ardala project
specifically.
Ariana owns 76% of UK-registered Western Tethyan Resources Ltd ("WTR"),
which operates across south-eastern Europe and is based in
Pristina, Republic of Kosovo. The company is targeting its exploration on
major copper-gold deposits across the porphyry-epithermal transition. WTR has
earnt a 51% interest in the Slivova Gold-Silver Project. Certain exploration
activities of WTR are being funded through a five-year Alliance Agreement
with Newmont Ventures Limited (www.newmont.com).
Ariana owns 61% of UK-registered Venus Minerals Limited ("Venus") which is
focused on the exploration and development of copper-gold projects in Cyprus,
some of which are in application, containing a combined JORC Indicated and
Inferred Resource of 16.6Mt @ 0.45% to 0.80% copper (excluding additional
gold, silver and zinc).
Ariana owns several investments in listed and private companies via its
Australian subsidiary Asgard Metals Pty. Ltd. ("Asgard"), which also
provides technical input into the various investee company exploration
programmes. Investments have been made in high-value potential,
discovery-stage mineral exploration companies located across the Eastern
Hemisphere and within easy reach of Ariana's operational hubs in Australia,
Türkiye, UK and Zimbabwe. Its most advanced interest is through a 4.9%
holding of Panther Metals Limited (ASX: PNT).
Zeus Capital Limited, Fortified Securities and Shaw and Partners Limited are
the brokers to the Company and Beaumont Cornish Limited is the Company's
Nominated Adviser.
For further information on Ariana, you are invited to visit the Company's
website at www.arianaresources.com (http://www.arianaresources.com) .
Ends.
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