Ariana Resources finished more than half the drilling work at their Dokwe Gold Project in Zimbabwe, and the early data is backing up what their geological models predicted about where the gold sits. The company just locked down 5.31 million from Hong Kong Xinhai Mining Services to run metallurgical tests and wrap up a feasibility study for the site that holds over a million ounces of gold worth close to 4 billion at current prices.
They knocked out 15 holes out of a planned 26-hole program, covering 2,411 meters across multiple target zones. The team is using portable XRF scanners and rapid gold-screening tech to adjust their drilling strategy on the fly based on what they are finding in real time.
Managing director Kerim Sener said the drilling along the Dokwe Central shear zone confirmed their suspicions about structural offsets, and they tweaked the program to hit additional spots based on the geological data coming back. First assay results should drop before year-end.
They knocked out 15 holes out of a planned 26-hole program, covering 2,411 meters across multiple target zones. The team is using portable XRF scanners and rapid gold-screening tech to adjust their drilling strategy on the fly based on what they are finding in real time.
Managing director Kerim Sener said the drilling along the Dokwe Central shear zone confirmed their suspicions about structural offsets, and they tweaked the program to hit additional spots based on the geological data coming back. First assay results should drop before year-end.
