Ariana Resources drilling across all key projects

(NewsDirect)

Ariana Resources PLC (AIM:AAU) managing director Kerim Sener gives Proactive an update on its Asgard Metals Fund. He says the companies have successfully raised additional funds both privately and through the capital markets, totalling circa A$5,500,000, which he says has been a real achievement. Sener adds that diamond drilling is progressing well at the Hertica project in Kosovo while the company also has a number of drill programs advancing in Turkey. ‘'It’s probably one of the most active periods we’ve ever been involved in'', he says.

Sener said: "During the year, we made certain additional investments in some of our investee companies and welcome adding two new companies to the portfolio - Rockover Holdings, operating in Zimbabwe through a wholly-owned subsidiary, and Altai Resources, operating in Kazakhstan.”