Ariana Resources’ MD Kerim Sener reported high-grade gold mineralization at the Dokwe project in Zimbabwe, revealing visible gold in core samples. The findings will influence mineral resource estimates and future feasibility studies. Additionally, Sener discussed Newmont Ventures’ investment in Ariana’s copper-gold exploration efforts in Southeast Europe, alongside heightened interest from global investors at Mining Indaba.
Ariana Resources’ managing director, Kerim Sener, spoke with Proactive’s Stephen Gunnion about significant developments at the Dokwe project in Zimbabwe. He highlighted the company’s recent review of 2021 drill results, which showcased high-grade gold intercepts including visible gold in core samples. These findings will contribute to a revised mineral resource estimate and aid in upcoming feasibility studies.
Sener noted that the Dokwe project stands as Zimbabwe’s largest undeveloped gold deposit, showcasing immense potential for becoming a key gold producer in the region. The company is actively advancing through feasibility studies, financing options, and mine construction planning to harness this potential.
Moreover, Sener discussed Newmont Ventures’ increased investment in Ariana Resources through an exploration venture in southeastern Europe. This financial backing supports ongoing copper and gold exploration initiatives, especially in Kosovo and North Macedonia, where promising targets have been identified.
During his visit to Mining Indaba in Cape Town, Sener observed significant interest from global investors, particularly from African, Asian, and US funds. This interest reflects growing confidence in Ariana Resources and its strategic direction in the mining sector.
Ariana Resources is engaged in mineral exploration and development, focusing on opportunities in gold and other minerals. The Dokwe project is an important asset for the company, noted for its substantial gold reserves yet to be developed. The collaboration with Newmont Ventures enhances their capital for exploration while attending industry conferences like Mining Indaba encourages networking with potential investors and stakeholders in the mining industry. Drilling results play a crucial role in determining the viability of mining operations and subsequent investment. The presence of visible gold is significant as it often indicates high-value mineralization. Feasibility studies are essential assessments that evaluate the economic feasibility of proposed mining projects, helping to inform decisions on financing and development.
In summary, Ariana Resources is making strides with the Dokwe project, which could significantly boost gold production in Zimbabwe. Key drill results indicate valuable gold deposits, supporting future resource estimates and feasibility studies. Strategic investments and global interest highlight the potential for growth within the company, particularly in the realm of mineral exploration in southeastern Europe.
Original Source: www.proactiveinvestors.co.uk
