2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2004
- First licenses secured in Turkey
- Discovery of the Kinik Prospect, Ivrindi
- First exploration of the area around the Kiziltepe Project
2005
- Acquisition of the Kiziltepe Project from Newmont Mining
- Company IPO on AIM market of London Stock Exchange, 28 July 2005
- First exploration commences in Eastern Turkey
2006
- First drilling of the Kiziltepe Project
- First drilling at the Kinik Prospect, Ivrindi
- Regional expansion of the exploration portfolio to 1,800km2
2007
- Mineral resource estimate of 135,000oz Au equivalent at Kiziltepe
- Exclusivity agreement completed on the Tavsan Project
- Acquisition of the Ardala Cu-Au-Mo porphyry project
2008
- Joint Venture with European Goldfields established in north-eastern Turkey
- Acquisition of the Tavsan Project from Odyssey Resources
- Global resource increases to 401,000oz gold equivalent
2009
- Trial mining at Kiziltepe produces first gold
- MoU on Kiziltepe and Tavsan (Red Rabbit Project) with Proccea Construction Co.
- Discovery of Salinbas at the Ardala porphyry project in north-eastern Turkey
2010
- Positive Scoping Study completed on the Kiziltepe Project
- JV Agreement on the Red Rabbit Project with Proccea Construction Co.
- Project Definitive Feasibility Study and Environmental Impact Assessment commences on the Kiziltepe Project
- Global resource increases to 448,000oz gold equivalent
2011
- Completion of Pre-Feasibility Study (PFS) of the Kiziltepe Project
- Acquisition of the Kizilcukur Project from Kefi Minerals plc
- Significant potential defined at the Salinbas project in north-eastern Turkey
2012
- Positive interim Feasibility Study completed on the Kiziltepe Project
- Ariana assumes management control of the Salinbas Project
- Reesource drilling commences at the Salinbas Project
2013
- Positive Definitive Feasibility Study and Environmental Impact Assessment completed on the Kiziltepe Project
- Agreement reached with Newmont Mining on their two-decade exploration database for Turkey
- Global JORC resource increases to 1,503,000oz Au gold equivalent
2014
- Significant exploration potential defined at Arzu Central and a 90,000oz JORC Exploration Target defined
- Government investment incentives granted for the development of the Kiziltepe Gold Mine
- Bank finance secured for funding the construction of the Kiziltepe Gold Mine
2015
- Global resource increases to 1,552,000oz gold equivalent
- Scoping Study completed at the Salinbas Project
- Kiziltepe Gold Mine construction initiates commences in September 2015
2016
- Resource estimate for the Kizilcukur Project at 33,000oz gold equivalent
- Completion of Scoping Study at the Tavsan Project
- Acquisition of 100% of the Salinbas Project from Eldorado Gold
2017
- First gold production from Kiziltepe processing plant in March 2017
- Significant mineralised extensions identified across Kiziltepe Project
- A$3.5million added to balance sheet from investments in energy metals
2018
- Kiziltepe Mine exceeds production target producing 27,100oz of gold in 2018
- Upgrade in resource classification at Tavsan deposit enabling Red Rabbit JV to commence Feasibility Study
- Global resource increases to 1.61Moz gold equivalent
- JORC Exploration Target of 2.7Moz gold and 16.7Moz silver at the Salinbas Project
2019
- Ariana’s first drilling programme at Salinbas
- Mining commences at Arzu North and Derya pits (Kiziltepe)
- Exploration in Cyprus
2020
- Major resource updates across all projects
- Ariana – Western Tethyan Resources
2021
- Ariana starts using Boxscan
- Completion of Ariana – Proccea – Ozaltin partnership
- Mining commences at Kepez Main (Kiziltepe)
- Investment in Panther Metals (Australia) through Asgard Metals Fund
2022
- New Head Office in Ankara
- Investment in Pallas Resources (Kazakhstan) and Annamite Resources (Laos) through Asgard Metals Fund
Since start-up Ariana has moved from a one-asset company into a company with a producing asset, multiple near-term production assets under JV and investments, with many more exploration projects underway.
As we move forward we aim to achieve sustainable long-term growth of the Company through robust and cost-efficient exploration, development and production of precious and technology metals to contribute to the development of a greener economy.