Ariana Resources PLCLSE Ariana Resources Stock Report

Ariana Resources Plc engages in the exploration and development of gold and technology metals. The principal activities of the Company and its subsidiaries are the exploration and development of precious and technology metals. The primary area of geological focus is the Tethyan Metallogenic Belt, which spans over approximately 10,000 kilometers from central Europe through to the Himalayas and beyond. This metallogenic belt hosts gold, silver and copper deposits. The company operates through two segments: mining and other reconciling items. Mining segment incorporates the acquisition, exploration and development of mineral resources. Other reconciling items segment include non-mineral exploration costs and transactions between the Company and associate companies. The Kiziltepe Gold-Silver Mine is located in western Turkey. The Tavsan Gold Project is located in western Turkey. The project area consists of five mineralized zones: Main, West, East, North and Far North.