Ariana Resources Progresses with Construction at Kiziltepe Gold Mine, Turkey
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Ariana Resources plc says much of process plant at its new gold mine at Kiziltepe in Turkey is built and work has started on the tailings storage facility (TSF).
Approval for the facility has just been received and construction will be initiated imminently, said Kerim Sener, Ariana’s managing director.
“Following the approval of our TSF project in line with new legislation by the Ministry of Environment and Urban Planning, the project is currently on schedule for commissioning during Q3 2016 and production in Q4 2016.”
Sener added that 160 people are now working on site, including 50 from villages and towns in the vicinity.
Kiziltepe is a 50/50 joint venture with Turkish firm Proccea Construction. The current resource at Kiziltepe is 195,200 oz gold and 3.15mln oz of silver, sufficient for a ten-year mine life.
Source: (June 7, 2016) Proactive Investors
About Ariana Resources
Ariana Resources identifies and develops mineral resources, joint venturing its projects with experienced partners to advance them cost-effectively towards production. It has successfully applied this model in Turkey with Proccea Construction Co. and is now seeking to apply the same model on new projects, whether located in Turkey or elsewhere. Ariana Resources is traded in the ISDX Exchange.
To stop by Ariana’s website, CLICK HERE
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