Ariana Resources plc reported preliminary production results for the third quarter ended September 30, 2018 for the Kiziltepe Mine. The company's gold production for the quarter was 7,588 ounces compared to 7,171 ounces, a 6% increase quarter on quarter and another quarterly record for the JV. Total ore processed for the quarter was 46,214 tonnes compared to 49,325 tonnes, at an average head grade to the plant of 4.43 g/t gold. Quarterly open pit ore mined was c. 83,200 tonnes, at an average mined grade of 4.77 g/t gold, and total material movement for the quarter was 876,000 tonnes. Average metallurgical plant recovery of gold for the quarter remains high at 93.9%.

The company will exceed its full year production guidance of 20,000 ounces of gold, having achieved a total of 19,625 ounces by the end of third quarter.