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AIM-listed Turkish gold producer Ariana Resources (AAU) has released more good news. Yesterday came a perhaps surprise announcement that the due diligence process on the way to approval of the corporate transaction proposed to hand over $30 million to Ariana and fund the Salinbas project in return for Ariana dropping its interest in the Salinbas and Red Rabbit (centred on the gold production facility at Kiziltepe) to 23.5% had been completed and was now under review. Today came a Resource Development update from Kepez – a satellite to Kiziltepe.
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