The Markets Ledger

Ariana advances Dokwe Gold Project

AIM and ASX-listed Ariana Resources Plc (Ariana) is preparing to launch a second phase of diamond drilling at its wholly-owned Dokwe Gold Project in Zimbabwe, following encouraging results from recent exploration work that have strengthened confidence in the asset’s potential.
The upcoming drilling campaign, expected to begin later this month, follows a successful reverse circulation (RC) programme conducted during 2025–2026. 
The exercise covered 5,659 metres across 31 drill holes at Dokwe North and Dokwe Central, delivering several high-grade gold intercepts.
Kerim Sener, Ariana’s managing director, said the next phase will focus on refining the geological model and unlocking further value. 
“Our next planned phase of diamond drilling… aims to confirm the structural interpretation, test further extensions of the system and support future resource growth at Dokwe,” he said.
The development builds on earlier assay results released in February, which pointed to expanding mineralisation and improved understanding of the deposit. 
Ariana reported the identification of a new “Eastern Zone,” where drilling confirmed significant gold mineralisation along a strike length exceeding 270 metres.
Sener said the findings underscore the project’s potential as a high-value asset. 
“The latest assay results… further reinforce our understanding of the geology and resource potential of this high-value asset,” he noted.
Sener added that one of the drill holes had confirmed “significant gold mineralisation” within the Eastern Zone, highlighting both lateral continuity and potential depth extensions of the deposit.
The combined results from the RC campaign and earlier assays are expected to guide the diamond drilling programme, which will provide more detailed geological data and support future resource estimates.
The Dokwe project – located in Tsholotsho district 110km WNW of Bulawayo – is one of the company’s key growth assets in southern Africa, and the latest developments signal increasing momentum as it moves toward resource expansion. – TML