Ariana Resources Expands Exploration Efforts in the Balkans

Ariana Resources ( (GB:AAU) ) has shared an update.

Ariana Resources announced key developments at its 76% owned Western Tethyan Resources, focusing on regional growth in the Balkans. The company has applied for an extension of the Hertica Porphyry Project exploration licence and a new licence for the Slivova Gold Project in Kosovo. These steps are part of WTR’s strategy to unlock the mineral potential of the Western Tethyan Belt. The company is also evaluating new exploration opportunities in North Macedonia and Bulgaria, aiming to establish a pipeline of high-quality projects. These initiatives are expected to strengthen Ariana’s position in the mineral exploration industry and potentially provide long-term value for stakeholders.

More about Ariana Resources

Ariana Resources is an AIM-listed mineral exploration and development company with a strong track record in creating shareholder value through active mining projects and exploration investments. The company has significant interests in gold development projects in Zimbabwe, gold production in Türkiye, and copper-gold exploration in Cyprus and Kosovo. Ariana owns the largest undeveloped gold project in Zimbabwe and holds interests in joint ventures in Türkiye, including the Kiziltepe Gold-Silver Mine and the Tavsan Gold Mine.

Average Trading Volume: 2,892,461

Technical Sentiment Signal: Sell

Current Market Cap: £19.93M

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