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Ariana Resources ( (GB:AAU) ) has issued an announcement.
Ariana Resources has reported further encouraging drilling results from the Main and South Zones of the Tavşan Mine in western Türkiye, where 3,887 metres of HQ diamond drilling across 85 holes have both confirmed existing high-grade domains and identified extensions of gold and silver mineralisation beyond current resource boundaries. Key intercepts from near surface and at depth, including new high-grade zones rich in both gold and silver, point to resource expansion potential, particularly at the South Zone and on the eastern fringes of the Main Zone, while infill drilling supports mine planning by validating continuity in the current models. With total drilling at Tavşan now approaching 10,000 metres and ongoing work in the West and East Zones, the company is preparing a JORC resource update expected in the second quarter of 2026, and is re-optimising pit designs at a higher gold price assumption of US$3,500 per ounce, which could enhance the scale and longevity of the Tavşan operation and improve its economic contribution to Ariana and its partners.
The most recent analyst rating on (GB:AAU) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Ariana Resources stock, see the GB:AAU Stock Forecast page.
Spark’s Take on GB:AAU Stock
According to Spark, TipRanks’ AI Analyst, GB:AAU is a Neutral.
The score is held back primarily by weak financial performance—persistent operating losses and consistently negative operating/free cash flow—despite a low-leverage balance sheet. Technicals are neutral with slight positive momentum, and valuation (P/E ~12.7) is reasonable, but not enough to offset the cash flow and operating profitability risks.
To see Spark’s full report on GB:AAU stock, click here.
More about Ariana Resources
Ariana Resources plc is a mineral exploration, development and production company with gold project interests in Africa and Europe, including a 23.5% stake in the Tavşan Mine in western Türkiye. The company focuses on discovering and advancing gold and silver deposits, working through joint ventures and operated projects to build a pipeline of precious metals production across its regional portfolio.
Average Trading Volume: 4,345,749
Technical Sentiment Signal: Strong Sell
Current Market Cap: £37.93M
See more data about AAU stock on TipRanks’ Stock Analysis page.