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Ariana Resources PLC, a UK-based company focused on mineral exploration and development, has announced plans to begin drilling at its fully owned Dokwe Gold Project in Zimbabwe after it completes a dual listing on the Australian Securities Exchange (ASX).
The company’s ASX listing process is currently underway, with the institutional phase of its capital raise already finalized. Ariana aims to raise between AUD 10 million and AUD 15 million to fund its exploration and development efforts across Zimbabwe and other regions.
Located in Matabeleland North Province, the Dokwe Gold Project is considered a major gold resource with the potential for large-scale mining. Independent evaluations have identified significant indicated and inferred mineral resources, although further drilling, feasibility work, and regulatory approvals are needed before commercial production can begin.
Meanwhile, Ariana also announced that its Tavşan Gold Mine in Türkiye has reached operational readiness. Gold production from heap leach operations is expected to start by the end of August 2025, further strengthening the company’s diversified mining portfolio.
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The dual ASX listing is part of Ariana’s strategy to expand its investor base and improve access to funding for its multi-national mining ventures. The company emphasized its commitment to advancing high-potential projects while adhering to environmental and social governance standards.Ariana Resources is currently listed on the AIM market of the London Stock Exchange under the ticker “AAU” and plans to provide more updates after the ASX listing is complete.
