Ariana Resources releases geophysical survey results at Kepez
Published by Isabelle Keltie,
Editorial Assistant
Global Mining Review,
Ariana Resources plc, the AIM-listed mineral exploration and development company with gold mining interests in Europe, has announced positive results from an Induced Polarisation (IP)/Resistivity geophysical survey conducted at the Kepez North and Kepez Main areas of the Kiziltepe Sector. Both Kepez Main and Kepez North are part of Zenit Madencilik San. ve Tic. A.S. (Zenit), in partnership with Proccea Construction Co. and Ozaltin Holding A.S. and, is 23.5% owned by Ariana.
Highlights:
- Three significant target areas identified within Kepez Main show potential for gold and silver mineralisation.
- Results from the latest geophysical data support the presence of a fully intact low-sulphidation epithermal vein system at Kepez Main.
- Additional exploration potential was identified at the high-grade Kepez North area, which will need to be drill tested further.
Dr. Kerim Sener, Managing Director, commented: "We are highly encouraged by the results of the latest geophysical surveys undertaken in the Kepez area. We have potentially identified a fully intact epithermal vein system preserved beneath a silica cap at Kepez Main, which is associated with very high-grade silver mineralisation up to almost 400 g/t Ag with lower-grade gold of about 1.5 g/t Au. Initial drilling that was undertaken in the northern part of Kepez Main has identified extensive zones of silicification and quartz-vein textures indicative of the uppermost parts of a low-sulphidation epithermal vein system. The presence of high-grade gold mineralisation at Kepez North and the discovery of high-grade gold at Kepez South, either side of the Kepez Main area, indicates the prospectivity of this system for what could become a major new discovery. Kepez Main is characterised by several mineralisation, alteration and geochemical features, among others, which suggest potential for a deep drilling target which lies near the potential bonanza-zone within an epithermal system. Unlike Kiziltepe, which represents a significantly eroded epithermal system, Kepez Main appears to have the entire system preserved making it an extremely compelling exploration target. These are some of the most exciting exploration results we have ever reported from the broader Kiziltepe Sector in many years and we are highly motivated to do the work necessary to make a significant discovery."
The full report can be read here.
Read the article online at: https://www.globalminingreview.com/exploration-development/13032023/ariana-resources-releases-geophysical-survey-results-at-kepez/
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