Ariana Resources Boosts Dokwe Gold Project Resources by 9%

The latest announcement is out from Ariana Resources ( (GB:AAU) ).

Ariana Resources has announced an updated in-pit Mineral Resource Estimate for the Dokwe Gold Project in Zimbabwe, reflecting a 9% increase in resources. This update, supported by a more accurate geological model, enhances the project’s feasibility, positioning it as a significant future mining hub in Zimbabwe, with potential production of up to 100,000 ounces of gold annually over a decade.

More about Ariana Resources

Ariana Resources PLC is an AIM-listed mineral exploration and development company with interests in gold projects across Africa and Europe.

YTD Price Performance: 2.70%

Average Trading Volume: 1,861,954

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £35.4M

For a thorough assessment of AAU stock, go to TipRanks’ Stock Analysis page.