Ariana identifies resource targets at Tavsan
JOHANNESBURG (miningweekly.com) – Extensive new geochemical target areas have been identified across the Tavsan gold project, in Turkey, 50%-owner Ariana Resources reported on Tuesday.
This followed a soil geochemical survey, which was conducted to better define and characterise targets for a second phase of resource development and to improve confidence in targeting for further resource drilling.
MD Kerim Sener confirmed that six new targets had been identified and said that these targets demonstrated “substantial opportunity for further resource growth”.
Some of the targets contain significant drill intercepts including 6 m at 3.37 g/t gold and 3.67 g/t gold, as well as 9 m at 1.30 g/t gold and 4.32 g/t gold about 20 m from the surface.
A new discovery, referred to as the South Zone, has also been made. The discovery is likely to be a repeat of the Main Zone.
“The new soil geochemical survey has identified a number of areas that require drill testing for the first time or which specifically require resource drilling. Some of these areas are known to contain mineralised jasperoid and are dotted with old antimony workings. We are confident that such areas will also host high-grade gold and silver mineralisation,” said Sener.
The recent work also showed that Ariana could better characterise the current resource, improving confidence in those parts of the resource that are located within the optimised pit shells of the scoping study.
“The impact of this work is significant, including a probable substantial reduction in the drilling required to convert Inferred Resources to Indicated Resources. In turn, this will enable the company to fast-track its internal feasibility study on Tavsan during 2017 cost-efficiently,” said Sener.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...
VISIT SHOWROOM
ENVASS is a customer and solutions-driven environmental consultancy with established divisions, serviced by highly qualified and experienced...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
