Strategy

Discovering mineral resources faster, better and more competitively than our peers, through the use of innovative technologies and operating practices.

CO2 PER OUNCE

Ariana Resources
0.32 CO2 t/oz 

VS

International average
0.8 CO2 t/oz

CASH COSTS

Ariana Resources
US$650/oz
(typical rate)

VS 

International average
US$1,000/oz

DISCOVERY COST

Ariana Resources
US$11/oz Au
(or US$6.5/oz Au eq)

VS

Industry average
US$62/oz Au

Our strategy is to achieve sustainable long-term growth of the Company through robust and cost-efficient gold exploration, development and production.

Our superior utilisation of technologies has allowed us to identify, advance and develop projects rapidly, at a discovery cost less than half that of our peers.

Our diversification geographically and into other commodities gives multiple opportunities to discover multi-million-ounce assets, de-risking investment.

Strategy developed on the basis of a probabilistic approach to maximise the odds of exploration success

01

Targeting based on the Mineral Systems Model, specifically in the context of volcanic arcs.

02

Focused primarily on exploring for major precious metal deposits, particularly those that have potential scalability.

03

Secondary focus on technology metals, specifically copper, which contribute to the development of a greener economy.

04

Exploration focused on areas with high preservation potential, with a particular emphasis on discovering covered deposits.

We will
achieve
our
strategy
by:

Focusing on the discovery of sizeable mineral systems

Forming robust business partnerships (such as through the Asgard Metals Fund) for the development and construction of projects

Building positive long-term relationships with local government, communities and key stakeholders

Executing selective, high-impact exploration programmes and joint venture opportunities

Developing a strong team with excellent commercial, technical and financial skills, including an in-house team of geoscientists and project focused management teams

Ensuring safe operating procedures and minimising environmental impact

DELIVERING
ON OUR
STRATEGIC
VISION



Exploration & Development

  • Maintains a high standard of technical best-practice in its exploration and development activities and adheres to international standards where applicable
  • Embraces a socially responsible and beneficial approach to health and safety, the environment and community support in its areas of operation
  • Recognises the importance of its pipeline of exploration projects in Turkey and the region
  • Substantially increasing global resources  
  • Enhancing the economic fundamentals and mine life at the Kiziltepe Mine and all employees and the need to attract and continue to challenge its exceptionally talented people
  • Is committed to best-practice in socially responsible exploration and in the development of mineral resources, to the benefit of the local communities, wherever they may occur



Gold/silver production

Delivery of production efficiency

Robust future pipeline of additional resource ounces to maximise strong financial returns over the life of mine at Kiziltepe Mine and our other projects



Joint Ventures / Investments

Diversification through joint venture project development and investments (Venus Minerals)

Value crystallisation through asset sales in technology-metals

Asgard Metals Fund



Financial Highlights (2021)

Profit before tax of   £6.9m

Total net assets of   £25.3m