Ariana Resources (GB:AAU) has released an update.
Ariana Resources has announced their 2024 production guidance, with an expected 20,000 ounces of gold from the Zenit Mining Operations, including the inaugural gold production from the Tavsan Sector. The company reports solid financial health with a robust cash position and a debt-free status, thanks to favorable gold and silver prices. Looking ahead, Ariana anticipates increased ore throughput and gold recovery rates, alongside potential extensions to their mine life, signaling a strong operational forecast.
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