Kiziltepe Exceeds 1st Quarter Targets

Ariana Exceed Production Targets at Kiziltepe.

Congratulations to Dr. Kerim Sener and his Ariana Resources’ team on their excellent 1st quarter results at the Kiziltepe project in Turkey.

Auralia was proud to assist Ariana with technical mine planning & consulting expertise during the formative phases of the Kiziltepe project, which produced 4,866 ounces of gold from its Kiziltepe project in Turkey during the first quarter to March 31, an 8% increase quarter on quarter.

The company expects to produce 20,000 ounces for the full year.

“The performance of Kiziltepe continues to exceed feasibility expectations and this quarter of production marks a solid start to 2018,” said managing director Kerim Sener.

“First quarter gold production was 8% higher than the previous quarter, augmented by a 4% increase in gold recovery from the processing plant.  During the current quarter, we are expecting output to increase further based on our 2018 mining schedule and particularly as we start to access higher grade areas of the Arzu South vein.  Consequently, we are confident in delivering positively against our production guidance for 2018.”

(Article:Source)

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