Ariana's Red Rabbit project has legs

Ariana, a gold exploration and development company currently undertaking the Red Rabbit gold project in western Turkey, has declared itself pleased with early drilling results on the project.

Ariana, a gold exploration and development company currently undertaking the Red Rabbit gold project in western Turkey, has declared itself pleased with early drilling results on the project.

Drilling in the Arzu South/Arzu North gap zone has returned a first result of 8.7 metres at 2.03 grams per tonne (g/t) gold and 9.9 g/t silver. The firm is planning further exploration drilling in the wider Kiziltepe area and to complete an extensive review of licences available at upcoming licence auctions beginning in February 2012. So far, 40 licences have been identified as showing potential for gold, with 14 considered high priority for Ariana.

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