Ariana mulls further involvement in Zim project following due diligence drilling

15th February 2024 By: Marleny Arnoldi - Deputy Editor Online

Aim-listed Ariana Resources has completed 1 222 m of diamond drilling for due diligence purposes on the Dokwe gold project, in Zimbabwe.

The company is targeting the Dokwe North and Dokwe Central deposits, with the geochemical characteristics of the mineralisation uncovered so far being defined through an extensive portable X-ray fluorescence programme on old and new drill cores.

More than 15 000 m of core has been analysed to date.

Ariana currently holds 2.1% of Rockover Holdings, which owns the Dokwe gold project. The companies continue to discuss further collaboration opportunities.  

Ariana MD Dr Kerim Sener comments that the company is pleased to have concluded its due diligence drilling programme on the feasibility-stage Dokwe project. The programme was carried out by the Rockover team, in collaboration with Ariana’s team on site in Zimbabwe.

He confirms that the results of drill core analysis – historical core and more recent data – will help to solidify the company’s understanding of the grade distribution and controls on gold mineralisation.

“There are few one-million-ounce gold projects globally that have straightforward metallurgy,” Sener adds.

Ariana will announce its potential future involvement in Dokwe at the end of the first quarter.