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Positive drilling results at Arzu South for Ariana Resources says Northland Capital

Positive drilling results at Arzu South
n  Deep drilling at Arzu South returned 11m at 4.07g/t Au eq. from 92m (KTP-RC05-15), 7m at 2.96g/t Au eq. from 84m (KTP-RC02-15) and 7m at 2.24g/t Au eq. from 92m (KTP-RC01-15).

n  Drilling is ongoing and will be included in an updated mineral resource estimate for the area.
Northland Capital partners view on Ariana Resources: This additional drilling at the Arzu South, which forms the main pit of the Red Rabbit Gold-Silver Mine, has confirmed the presence of several higher-grade plunging shoots within the existing pit shell, though it appears that these shoots enter a lower-grade zone at around 100m below the surface (depleted zone). Additional drilling will be undertaken to test if higher-grades are located in the shoots below the depleted zone. Higher-grades would likely be required for this area to become a target for underground mining.
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