Ariana Resources (GB:AAU) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ariana Resources PLC has announced a 16% increase in in-pit resources for their Dokwe Gold Project, now totaling 1.2 million ounces of gold, signaling potential for extended project life and increased annual production. The revised project estimates support an expanded mining scenario, suggesting a production capacity of 75,000 to 100,000 ounces of gold annually over 10 to 15 years. These developments mark significant progress as the company moves towards the feasibility stage of the Dokwe Project, the largest undeveloped gold project in Zimbabwe.
For further insights into GB:AAU stock, check out TipRanks’ Stock Analysis page.