A R I A N A R E S O U R C E S P L C C O R P O R A T E P R E S E N T A T I O N N O V E M B E R 2 0 1 9 ARIANA RESOURCES PLC | NOVEMBER 2019
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THE FUTURE IS BRIGHT SUSTAINABLE & PROFITABLE STRONG TRACK RECORD SIGNIFICANT GROWTH TARGETS Ariana is evolving rapidly… Turkey is a solid foundation providing the financial basis for our growth, but the future does not only lie in Turkey… 3 ARIANA RESOURCES PLC | NOVEMBER 2019
R O B U S T F I N A N C I A L S S U S T A I N A B L E & P R O F I T A B L E REVENUE PRODUCTION US US$84m total revenue (since Apr 2017*) 58K 58Koz oz produced (since Apr 2017*) US US$1,452/oz average revenue per gold US US$330-612/oz z operating cash cost ounce to Q3 2019 range to date *April ‘17 to end September ‘ 19 4 ARIANA RESOURCES PLC | NOVEMBER 2019
O P E R A T I O N A L D E L I V E R Y S O L I D T R A C K R E C O R D Average = $663/oz How many y other junior companies s have ve delive vered so posi so sitive vely y against st si similar metrics? s? • 6 years from exploration-stage to production • Discovery, operational and financial track-record – total investment since IPO of c. US$21m • Cash costs – lower quartile production costs globally • Leading-edge technological implementation – reducing exploration risk and maintaining industry leading discovery costs of US$15/oz 5 ARIANA RESOURCES PLC | NOVEMBER 2019
G R O W T H O R I E N T E D G R O W T H & D I V E R S I F I C A I T O N 20,000oz → 50,000oz JV production increase through expansion and/or § development of western Turkey assets § Salinbas Gold Project showing potential for the development of a multi-million ounce asset in northeastern Turkey § Regional interests including the evaluation opportunities in Cyprus § Diversification through Asgard Metals specifically in technology metals: 100x increase in value over original investment yielding A$3.5m 6 ARIANA RESOURCES PLC | NOVEMBER 2019
REGIONAL INTERESTS PRODUCTION, DEVELOPMENT & EXPLORAITON B A * PRODUCTION: Red Rabbit Project Area A EXPLORATION & DEVELOPMENT: Ivrindi & Kizilcukur* B DEVELOPMENT: Salinbas Project Area EXPLORATION: Cyprus C C *Kizilcukur can be sold into Red Rabbit JV at 3 x exploration cost 7 ARIANA RESOURCES PLC | NOVEMBER 2019
RED RABBIT JOINT VENTURE Gold and Silver Production with Strong Revenues ARIANA RESOURCES PLC | NOVEMBER 2019 8
9 ARIANA RESOURCES PLC | NOVEMBER 2019
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