Monday 29 June 2009

Ariana Resources announces 1st gold production from Kiziltepe in Turkey

Turkey-focused Ariana Resources PLC (AIM: AAU) announced its first gold production from the Kiziltepe deposit, part of the Sindirgi gold project, following the conclusion of trial mining at the Arzu South vein at Kiziltepe.

Managing director Kerim Sener said "Trial processing of ore from Kiziltepe (at Eti Gumus’ Gumuskoy plant) has resulted in the production of the first 387 ounces of gold from the Kiziltepe deposit. This is a solid result from the initial trial mine at Kiziltepe, and discussions regarding an extension to this trial for the processing of a further batch of ore are underway. “

It is currently the intention of the companies to develop their partnership with the intention of advancing both the Sindirgi and Tavsan projects.

"Ariana is currently considering the sale of investment ingots from its first gold production from Kiziltepe, following further refining and minting at the Istanbul Gold Refinery, “ Sener added.

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