Ariana Resources (AAU)

Sector:

Mining

Index:

FTSE AIM All-Share

1.48p
   
  • Change Today:
      0.050p
  • 52 Week High: 2.90
  • 52 Week Low: 0.95
  • Currency: UK Pounds
  • Shares Issued: 1,943.95m
  • Volume: 2,852,959
  • Market Cap: £28.67m
  • RiskGrade: 232
  • Beta: 0.01

Deal with Barclays    Trade now with Barclays Stockbrokers

Ariana announces significant new gold-in-soil anomaly

By Josh White

Date: Wednesday 02 Jul 2025

LONDON (ShareCast) - (Sharecast News) - Ariana Resources announced the discovery of a significant new gold-in-soil anomaly adjacent to its planned Dokwe North open pit in Zimbabwe on Wednesday.
The AIM-traded firm said the anomaly, which extends about 500 metres, lies just 125 metres northeast of the pit rim and presents a strong gold and arsenic geochemical signature consistent with the known Dokwe North mineralisation.

It said the discovery was made using portable x-ray fluorescence (pXRF) coupled with 'detectORE' technology, which enables rapid in-field gold detection.

Ariana said the anomaly aligned with the geological context of Dokwe North and represented a priority drilling target with the potential to extend the existing resource.

"This is a highly significant gold-in-soil anomaly, supported by other geochemical and geological information, which must be tested through drilling as a priority," said managing director Dr Kerim Sener.

"Today's news reveals an exciting new development for Dokwe, which could greatly improve our development plans for the project."

Sener added that the successful deployment of detectORE technology at Dokwe had dramatically accelerated target generation.

"This breakthrough also demonstrates how detectORE can be applied regionally.

"We are now preparing to deploy these technologies across the broader Bulawayo-Bubi Greenstone Belt, with the aim of determining whether Dokwe forms part of a larger, camp-scale cluster of deposits."

The Dokwe Gold Project hosts a resource of over one million ounces and is progressing toward feasibility.

Ariana said the discovery had already prompted modifications to the planned mine site layout.

The company said it was running a series of optimisation scenarios with Whittle Consulting, alongside regional geophysical and geochemical studies, to support both development and exploration.

It said the anomaly exhibited a northeast trend similar to Dokwe North's mineralisation and remains completely untested by drilling.

The discovery reinforced the geological model of the project, which was controlled by sub-vertical shear zones interacting with lithological contacts and heterogeneities in the host rocks.

Ariana said it intended to drill the new target at the earliest opportunity.

At 1056 BST, shares in Ariana Resources were up 7.55% at 1.43p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AAU Market Data

Currency UK Pounds
Share Price 1.48p
Change Today 0.050p
% Change 3.51 %
52 Week High 2.90
52 Week Low 0.95
Volume 2,852,959
Shares Issued 1,943.95m
Market Cap £28.67m
Beta 0.01
RiskGrade 232

AAU Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.59% above the market average71.59% above the market average71.59% above the market average71.59% above the market average71.59% above the market average
10.94% above the sector average10.94% above the sector average10.94% above the sector average10.94% above the sector average10.94% above the sector average
Price Trend
67.5% below the market average67.5% below the market average67.5% below the market average67.5% below the market average67.5% below the market average
30.83% below the sector average30.83% below the sector average30.83% below the sector average30.83% below the sector average30.83% below the sector average
Income Not Available
Growth
71.05% above the market average71.05% above the market average71.05% above the market average71.05% above the market average71.05% above the market average
74.07% above the sector average74.07% above the sector average74.07% above the sector average74.07% above the sector average74.07% above the sector average

AAU Dividends

  Latest Previous
  Special Special
Ex-Div 18-Aug-22 03-Mar-22
Paid 03-Oct-22 25-Mar-22
Amount 0.17p 0.17p

Trades for 11-Jul-2025

Time Volume / Share Price
16:12 12,000 @ 1.40p
16:12 193 @ 1.55p
14:58 15,437 @ 1.46p
14:53 4,935 @ 1.54p
14:01 250,000 @ 1.53p

AAU Key Personnel

Chair Michael de Villiers

Top of Page