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Ariana Resources ( (GB:AAU) ) has provided an announcement.
Ariana Resources has reported initial assay results from its first exploration drilling campaign at the 100%-owned Dokwe Gold Project in Zimbabwe, showing that mineralisation at the Dokwe Central deposit extends well beyond the current resource envelope. Key intercepts from hole DRC9, including 14 metres at 2.17 g/t gold with a higher-grade 6 metres at 4.15 g/t, confirm extensions to the South Zone and suggest significant potential to grow the existing 100,000-ounce JORC resource, which is already considered amenable to development as a satellite pit to the larger Dokwe North deposit. With 3,317 metres of reverse circulation drilling completed and further assay results due in early 2026, Ariana plans to resume drilling after a year-end camp closure, using both RC and diamond rigs to refine resource potential and support feasibility and metallurgical work, underlining Dokwe’s growing strategic importance within the company’s gold portfolio.
More about Ariana Resources
Ariana Resources is a mineral exploration, development and production company with interests in gold projects across Africa and Europe, and is dual-listed on London’s AIM market and the ASX. Its portfolio includes the Dokwe Gold Project in Zimbabwe and producing assets such as the Tavsan gold mine, positioning the company as an emerging regional gold producer.
Average Trading Volume: 4,367,279
Technical Sentiment Signal: Strong Sell
Current Market Cap: £32.15M
See more insights into AAU stock on TipRanks’ Stock Analysis page.