CORPORATE EVENTS

RNS Number : 3257T

Ariana Resources PLC

14 November 2019

 

14 November 2019

AIM: AAU

CORPORATE EVENTS

Ariana Resources plc ("Ariana" or "the Company"), the exploration and development company with gold mining operations in Turkey, is pleased to announce that it will be hosting two corporate events in London on Monday 25 November 2019 and will be delivering a presentation at the Mining Capital Conference on Thursday 28 November 2019.

An Analyst and Investor Day will take place on Monday 25 November from 9.00am - 6.00pm, followed by a Shareholder Evening, Presentation and Q&A Session at 6.00pm.

The events will be hosted by members of the Company's management team including Dr. Kerim Sener, Managing Director, and Michael de Villiers, Chairman, and will serve as an opportunity for interested parties to learn more about Ariana Resources' operations in Turkey, its growth strategy and investment opportunity the Company presents.

Analyst / Investor Day - 25 November 2019

The Company welcomes analysts and investors to meet with the Board and Management Team at the Hilton, Angel Islington, 53 Upper Street, London, N1 0UY, between 9:00am and 6:00pm on 25 November 2019.  To book a 1:1 meeting with the Company please email [e-mail].

In addition, the Company will give a corporate presentation at 3:00pm and showcase a virtual reality tour of its joint venture Kiziltepe Gold-Silver Mine in Turkey.

Shareholder Evening Presentation and Q&A Session - 25 November 2019

The Board will also be hosting a shareholder update meeting and presentation followed by a Q&A session on 25 November 2019, at 6:00pm, at the Hilton, Angel Islington, 53 Upper Street, London, N1 0UY. The event will conclude by 8:00pm at the latest.

Pre-registration is required for attendance to this meeting. To confirm attendance please email [e-mail] quoting 'Shareholder Evening'.

No new material information will be released during these investor events.

Mining Capital Conference - 28 November 2019

The Company will also be delivering a corporate presentation at the Mining Capital Conference, at The Brewery, 52 Chiswell Street, EC1Y 4SD, at 12.30pm. For further information on the event and how to attend: https://www.miningcapital.com.

Contacts:

Ariana Resources plc	Tel: [phone]
Michael de Villiers, Chairman
Kerim Sener, Managing Director
Beaumont Cornish Limited	Tel: [phone]
Roland Cornish / Felicity Geidt
Panmure Gordon (UK) Limited	Tel: [phone]
James Stearns / Atholl Tweedie
Yellow Jersey PR Limited	Tel: [phone]
Dominic Barretto / Harriet Jackson / Henry Wilkinson	[e-mail]

Editors' Note

About Ariana Resources:

Ariana is an exploration and development company with mining operations focused on epithermal gold-silver and porphyry copper-gold deposits in Turkey, the largest gold producing country in Europe.  The Company is developing a portfolio of prospective licences originally selected on the basis of its in-house geological and remote-sensing database, which now contain a total of 1.6 million ounces of gold and other metals.  Ariana's objective is to cost-effectively add value to its projects through focused exploration and to develop its operations, primarily through well-financed joint ventures. 

The Company's flagship assets are its Kiziltepe and Tavsan gold projects which form the Red Rabbit Gold Project.  Both contain a series of prospects, within two prolific mineralised districts in the Western Anatolian Volcanic and Extensional (WAVE) Province in western Turkey.  This Province hosts the largest operating gold mines in Turkey and remains highly prospective for new porphyry and epithermal deposits.  These core projects, which are separated by a distance of 75km, form part of a 50:50 Joint Venture with Proccea Construction Co.  The Kiziltepe Sector of the Red Rabbit Project is fully-permitted and is currently in production.  The total resource inventory at the Red Rabbit Project and wider project area stands at c. 605,000 ounces of gold equivalent.  At Kiziltepe a Net Smelter Return ("NSR") royalty of up to 2.5% on production is payable to Franco-Nevada Corporation.  At Tavsan an NSR royalty of up to 2% on future production is payable to Sandstorm Gold.

In north-eastern Turkey, Ariana owns 100% of the Salinbas Gold Project, comprising the Salinbas gold-silver deposit and the Ardala copper-gold-molybdenum porphyry among other prospects.  The total resource inventory of the Salinbas project area is c. 1 million ounces of gold equivalent.  A NSR royalty of up to 2% on future production is payable to Eldorado Gold Corporation.

Panmure Gordon (UK) Limited are broker 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.

 

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