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Ariana Resources ( (GB:AAU) ) has provided an update.
Ariana Resources has commenced exploration drilling at its Dokwe Gold Project in Zimbabwe, aiming to test several target areas and identify potential for future resource expansion. The initial drilling campaign consists of 26 holes over 4,000 meters, focusing on major shear zones that contain over 1 million ounces of gold. The company anticipates initial assay results by the end of the year and is considering expanding the drilling program to include metallurgical purposes, which could significantly impact future feasibility studies and resource estimates.
More about Ariana Resources
Ariana Resources PLC is a mineral exploration, development, and production company with interests in gold projects across Africa and Europe.
Average Trading Volume: 4,748,423
Technical Sentiment Signal: Sell
Current Market Cap: £37.41M
For an in-depth examination of AAU stock, go to TipRanks’ Overview page.