Salinbas and Ardala Project
Operated by
23.5%
Ariana
resources
Salinbas and Ardala
Project
The Salinbaş Gold Project is located in north- eastern Turkey within the multi-million ounce Artvin Goldfield, which contains the “Hot Gold Corridor” comprising several significant gold-copper projects including the 4 million ounce Hot Maden project, which lies 16km to the south of Salinbaş. Au-Ag mineralisation at Salinbas lies immediately adjacent to the Ardala polyphase Au-Cu-Mo porphyry.
commodities:
2020 Resource:
SALINBAS:
8.4Mt @2.21g/t Au598,000 oz Au
ARDALA:
66.4Mt @0.44 g/t Au + 0.2%Cu939,000oz Au + 110,000 t Cu
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Scoping Study:
Projected production:
Total meters drilled:
Further drilling underway
Resource Estimate
| Classification | Grade | Metal Content | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Tonnage (t) | Au (g/t) | Ag (g/t) | Cu (ppm) | Mo (ppm) | Au (oz) | Ag (oz) | Cu (t) | Mo (t) | |
| Measured | 868,000 | 2.32 | 15.3 | - | - | 65,000 | 428,000 | - | - |
| Indicated | 2,421,000 | 1.83 | 19.0 | - | - | 142,000 | 1,478,000 | - | - |
| Inferred | 71,536,000 | 0.58 | 2.7 | 1,656 | 65 | 1,331,000 | 6,009,000 | 110,000 | 4,300 |
| Total | 74,825,000 | 0.64 | 3.4 | 1,656 | 65 | 1,537,000 | 7,914,000 | 110,000 | 4,300 |
Resource Estimate table for Salinbas and Ardala (July 2020):
Note: Summary 2020 Salinbas Project JORC 2012 compliant Mineral Resource Estimate, based on 134 drill holes and extensive surface sampling (dated 29 July 2020). Reporting is based on a 0.5 g/t Au cut-off grade for the Salinbas mineralisation and 0.25 g/t Au for the Ardala mineralisation. Figures in the table may not sum precisely due to rounding.