Ariana Resources increases mineral estimate for Dokwe as it prepares for Rockover merger

Proactive - Interviews for investors

Ariana Resources PLC managing director Kerim Sener takes Proactive's Stephen Gunnion through a revised mineral resource estimate (MRE) for the Dokwe project in Zimbabwe, which shows a 40% increase in gold ounces to 1.83 million. Sener detailed the completion of the revised MRE, which integrates extensive drilling data and advanced geological models. "We've built an entirely new geological model," Sener said, highlighting the 56 million tonnes at over a gram per tonne of gold, totaling 1.83 million ounces of gold overall between Dokwe North and Dokwe Central. The ongoing pit optimization study, considering various gold price scenarios, aims to enhance the feasibility study, potentially boosting reserves to 1 million ounces. Sener also discussed the anticipated merger with Rockover Holdings, set to conclude by the end of June, and its impact on progressing the feasibility study for the Dokwe project. The merger ratio, set at 62.5% for Ariana shareholders, underscores the value recognized through independent valuations. Stay tuned for updates on the feasibility study and further economic assessments. For more detailed insights, watch the full interview. Don’t forget to give the video a like, subscribe to our channel, and enable notifications for future content. #ArianaResources #GoldMining #KerimSener #DockBayProject #MineralResourceEstimate #MiningUpdates #FeasibilityStudy #GoldPrice #PitOptimization #RockOverMerger #MiningInvestments #ProactiveInvestors #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews