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ARIANA RESOURCES (AAU)     

smiler o - 18 Jan 2008 16:38

Ariana Resources: An early stage gold play with plenty of potential


EXPLORATION AND MINING IN TURKEY


Ariana Resources plc is an AIM-listed and PLUS-traded gold exploration and development company. Ariana's advanced projects are located in western Turkey. Production is currently scheduled to start in 2012 on the Red Rabbit Gold Project. Ongoing exploration is fulfilled through our own work in western Turkey, via joint venture (European Goldfields) and strategic investment (Tigris Resources). Ariana is spearheaded by an experienced management team, which aims to discover and develop new gold mines.

Current JORC resources stand at 450,000 oz
Developing the Red Rabbit Gold Project
First production scheduled for 2012
Trial mining commenced in 2009
Quality licence portfolio with seven drill-stage prospects

Strategy : The Company has dedicated much of its exploration effort on the Western Anatolian Volcanic and Extensional (WAVE) Province in western Turkey. This province hosts the largest operating gold mines in Turkey and remains highly prospective for new porphyry and epithermal deposits.

Within this province Ariana has one advanced development project (Red Rabbit Project) and a further two advanced exploration projects (Ivrindi and Demirci). The region surrounding the projects is named the WAVE Project Area, with our base of operations at Sindirgi located strategically at its core. Current resources held by the Company in the WAVE Project Area stand at 448,000 oz Au equivalent.

In addition to containing our advanced projects, the Project Area encompasses the majority of our exploration tenements in western Turkey. The exploration and development risk to future gold resources in this region is reduced due to excellent infrastructure and established local mining operations.

Ariana envisages that an aggregate resource of 1Moz of gold can be achieved within the Project Area and our strategy is designed to build on our existing resource base via exploration and future acquisitions.

In parallel to our resource development and exploration strategy in western Turkey, Ariana has joint ventured its exploration portfolio in northeastern Turkey to European Goldfields Limited and made a strategic investment in Tigris Resources (Jersey based private company). The Company also continues to evaluate new opportunities for acquisition or joint venture.

Objective : Ariana's objective is to deliver shareholder value through the discovery of new gold deposits and the development of gold mines.

The Company is committed to delivering value through a robust, cost-efficient and focused exploration and development strategy, which integrates geoscientific knowledge and new technologies to identify and advance and develop prospects rapidly.

Ariana is targeting the discovery of a multi-million ounce gold deposit in Turkey and intends to achieve this through a combination of acquisition, strategic partnership and full utilisation of its significant exploration expertise in Turkey.


http://www.arianaresources.com/investors/presentations

http://www.arianaresources.com/

Chart.aspx?Provider=EODIntra&Code=AAU&SiChart.aspx?Provider=EODIntra&Code=AAU&Sifree counters"

smiler o - 21 Apr 2008 15:07 - 21 of 65

Thanks Driver :) at last a blue one !!!

smiler o - 30 Apr 2008 10:38 - 22 of 65

30 April 2008
AIM / PLUS Markets: AAU


REVISED JORC RESOURCE AT KIZILTEPE

Ariana Resources plc ("Ariana" or "the Company"), the gold
exploration and development company focused on Turkey, is pleased to
announce a revision of its resource estimate for the Company's
Kiziltepe gold prospect, at its flagship Sindirgi Project in
Balikesir Province, western Turkey.� The total resource has increased
by almost 20% with two thirds within the Measured Mineral Resource
category.

Highlights


*�SRK Consulting (UK) Ltd ("SRK") estimates a JORC compliant
mineral resource containing 118,000 oz Au and 2,080,000 oz Ag (~
160,000 oz Au equivalent)



*�Measured Mineral Resources comprise two-thirds of the total
resource



*�High-grade (7.3 g/t Au equivalent) resource defined on three
veins out of the eight tested to date



*�A further resource update on other drilled veins expected in June


Dr. Kerim Sener, Managing Director, commented:

"We are exceptionally pleased with this resource update for
Kiziltepe.� Not only has the total resource increased by a factor of
almost 20%, but our confidence in the resource estimate has also
increased dramatically.�

"We would particularly like to emphasise the significance of the high
level of resource conversion from our 2007 mineral resource estimate
and that the overall grade of the resource remains high:
approximately 7.3 g/t gold equivalent.� Due to our confidence in the
geological model, we expect that the existing Inferred Resources will
be upgraded to Indicated and Measured without too much additional
drilling.�

"We remain highly encouraged by the results of our work to date and
we expect that the resource at Kiziltepe can be expanded further.�
More drilling will be undertaken in 2008 to define additional
potential at the prospect with the aim of further increasing the
global resource at the Sindirgi Project.

"We look to establish a minimum mineable resource and to rapidly
progress the project towards production to take advantage of the
current gold price."

Resource Statement

SRK has completed a 3D geological model and mineral resource estimate
in compliance with the JORC code for certain gold-bearing quartz
veins at the Kiziltepe prospect.� Measured and Indicated Resources
contain 500,000 t at 6.2 g/t Au and 102 g/t Ag, and the Inferred
Mineral Resource comprises 180,000 t at 2.9 g/t Au and 76g/t Ag.�

SRK commented, "Ariana has completed over 7,360m of drilling and 250m
of channel sampling at Arzu South . and 1,438m of drilling and 96m of
channel sampling at Banu . and has ensured a high quality of sample
preparation and laboratory results, resulting in grade and density
data which can support a JORC compliant resource estimate."

Three mineralised structures have been incorporated into the resource
model, namely: Arzu South, Banu and Arzu North.� The majority of the
current resource is located within Arzu South, the central part of
which has been drilled and channel sampled with sufficient density to
support a Measured Mineral Resource.� Parts of the southern and
northern areas of Arzu South are in the Indicated Mineral Resource
category while Arzu North and Banu comprise the Inferred Mineral
Resource.� The figures for Arzu North remain unchanged from last year
as new drilling on this vein has not yet been incorporated in to the
resource model (data is pending).� It is expected that this vein and
potentially two other veins will form part of a further resource
update in June.�

SRK has placed a depth limit of approximately 125m to the model, as
most drill intersections are above this level and it is unlikely that
material below this level would be taken by an open pit.� A 2 g/t Au
cut-off grade, established as part of the mining options study being
undertaken by Wardrop Engineering, has been applied to the resource
blocks, which measure 25 x 25m x 10m.� The parts of the model that
are above the cut-off grade are generally continuous and, within
these, higher grade features appear to plunge steeply to the
southeast.�

smiler o - 30 Apr 2008 10:39 - 23 of 65

UK smallcap opening - Ariana Resources ticks up on revised resource estimate
AFX


LONDON (Thomson Financial) - Ariana Resources ticked up 1/2 to 5-1/2 pence as the gold explorer and developer revised its resource estimate for the Kiziltepe gold prospect, at its flagship Sindirgi Project in Balikesir Province, western Turkey.

The total resource has increased by almost 20 percent with two thirds within the Measured Mineral Resource category.




smiler o - 12 May 2008 19:48 - 24 of 65

12 May 2008
AIM / PLUS Markets: AAU


JOINT VENTURE COMPLETED WITH EUROPEAN GOLDFIELDS,
SUBSCRIPTION, ISSUE OF EQUITY AND BOARD APPOINTMENT

Further to the announcement made on 21 April 2008, Ariana Resources
plc ("Ariana" or "the Company"), the gold exploration and development
company focused on Turkey, is pleased to announce that the Joint
Venture ("JV") with European Goldfields Limited ("European
Goldfields") (TSX / AIM: EGU) has been completed. �The transfer of
Ariana's properties has been confirmed by the General Directorate of
Mining Affairs in Turkey. �

Accordingly:


*�Under a private placing, 18,571,016 new ordinary shares of 1p
each (the "Shares") have been issued to European Goldfields at a
price of 5p per Share to raise �928,550.80.�



*�European Goldfields will hold 20% of the Company's issued share
capital, following the issue of 3,000,000 Shares to Odyssey
Resources Limited, pursuant to the acquisition of the Tavsan
Project.



*�David John Richard Reading, 52, Chief Executive of European
Goldfields, will be appointed to the Board of Ariana with
immediate effect.� There are no other matters under paragraph (g)
of Schedule 2 of the AIM Rules for Companies to be disclosed.


Application will be made for the Shares, which will rank pari passu
with all existing ordinary shares, to be admitted to trading on AIM.

Contacts:


Ariana Resources plc Tel: 020 7407 3616
Michael Spriggs, Chairman �
Kerim Sener, Managing Director �
� �
Beaumont Cornish Limited Tel: 020 7628 3396
Roland Cornish �
� �
Bankside Consultants Tel: 020 7367 8888
Michael Padley / Louise Davis �
� �
Loeb Aron & Company Ltd Tel: 020 7628 1128
Peter Freeman / Frank Lucas �
� �
City Capital Corporation Limited Tel: 020 7842 5867
Charles Dampney �
� �

Editors' note:

About Ariana Resources

Ariana is an exploration and development company focused on
epithermal gold-silver and porphyry copper-gold deposits in Turkey.�
The Company is exploring a portfolio of prospective licences selected
on the basis of its in-house remote-sensing database.

The Company's flagship asset is the Sindirgi Gold Project, which
targets a series of prospects, within a prolific mineralised district
in western Turkey.� The project hosts over 45km of gold-silver
bearing epithermal quartz veins.� This project is presently being
assessed as to its economic merits.�

Loeb Aron & Company Ltd. and City Capital Corporation Limited are
joint brokers to the Company and Beaumont Cornish Limited is the
Company's nominated adviser.

For further information on Ariana you are invited to visit the
Company's website at
www.arianaresources.com

smiler o - 13 May 2008 08:03 - 25 of 65

RNS Number : 2518U
Ariana Resources PLC
13 May 2008


13 May 2008

AIM / PLUS Markets: AAU







Definitive Agreement to Purchase Tavsan Project




Further to the announcement made on 4 April 2008, Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration and development company focused on Turkey, is pleased to announce that it has entered into a definitive agreement relating to the purchase of certain exploration licenses ('Licences') in Turkey, collectively known as the Tavsan Project, from Odyssey Resources Limited (TSX-V: ODX) ('Odyssey').




Completion of the transaction is subject to:




the requisite Turkish regulatory authorities recording Ariana's Turkish subsidiary as the registered owner of a 100 percent interest in the Licences; and




TSX Venture Exchange approval.




As consideration for the transfer of the Licences, Ariana will pay Odyssey:




(a) an initial payment of US$250,000 in cash to be held in escrow until the TSX Venture Exchange provides approval of the transaction; and




(b) a further payment of US$250,000 in cash and 3,000,000 ordinary shares in the capital of Ariana (the 'Shares') at an issue price of 5p per Share.




The cash and Shares relating to these latter payments will be paid at Closing and held in escrow until the transfers of the Licences are accepted by the Turkish General Directorate of Mining Affairs. Closing is expected to occur on or before May 30, 2008. The Shares will be subject to a 12 month hold period which will run from the date on which TSX Venture Exchange approval is received for the transaction.

smiler o - 22 May 2008 07:52 - 26 of 65

22 May 2008
AIM / PLUS Markets: AAU

APPOINTMENT OF JOINT BROKER

Ariana Resources plc ("Ariana" or "the Company"), the gold
exploration and development company focused on Turkey, is pleased to
announce the appointment of Alexander David Securities Limited
("Alexander David") to act as the Company's Joint Broker with
immediate effect. Alexander David will work as Joint Broker with our
existing brokers.

smiler o - 25 Jun 2008 08:13 - 27 of 65

RNS Number : 4567X
Ariana Resources PLC
25 June 2008




25 June 2008

AIM / PLUS Markets: AAU




TAVSAN PROJECT PURCHASE COMPLETED




Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration and development company focused on Turkey, announces that it has closed on its previously announced (May 13, 2008) Definitive Agreement relating to the purchase, by a subsidiary of Ariana, of certain exploration licenses ('Licenses') collectively known as the Tavsan Project, from a subsidiary of Odyssey Resources Limited.




All conditions for closing have now been met, including TSX Venture Exchange approval for Odyssey Resources to enter the transaction.




Consideration for the transfer of the Licenses includes:




(a) an initial payment of US$250,000 in cash;




(b) a further payment of US$250,000 in cash;




(c) 3,000,000 ordinary shares in the capital of Ariana (the 'Shares') at an issue price of 5 British pence per Share.




The cash and Shares relating to payments (b) and (c) will be held in escrow until the transfers of the Licenses to Galata Madencilik San. ve Tic. Ltd. are recorded by the Turkish General Directorate of Mining Affairs. The Shares will be subject to a 12 month hold period which will run from the date on which TSX Venture Exchange approval was received for the transaction.




smiler o - 09 Jul 2008 08:18 - 28 of 65

Ariana Resources says to begin drilling programme at Kiziltepe in August
AFX


LONDON (Thomson Financial) - Ariana Resources Plc., the Turkey-focused gold exploration and development company, said it expects to start its 2008 drilling programme on the Kiziltepe prospect, and in the wider Sindirgi project area, in August.

The programme is designed to further test previously drilled veins and to explore veins that remain un-drilled elsewhere at the projects, the company said.

Ariana's local subsidiary recently took delivery of its first in-house diamond drilling rig.

Managing Director Kerim Sener said: 'The addition of our own drilling team has greatly enhanced the flexibility of the company to drill on demand at any time of the year.'


smiler o - 31 Jul 2008 08:07 - 29 of 65

31 July 2008
AIM / PLUS Markets: AAU


JORC RESOURCES INCREASED AT KIZILTEPE

Ariana Resources plc ("Ariana" or "the Company"), the gold
exploration and development company focused on Turkey, is pleased to
announce a further increase to its resource estimate for the
Company's Kiziltepe gold prospect, at its flagship Sindirgi Project
in Balikesir Province, western Turkey. The total resource has
increased to approximately 186,000 ounces of gold equivalent.

Highlights


* SRK Consulting (UK) Ltd ("SRK") estimates a JORC compliant
mineral resource containing Measured and Indicated Mineral
Resources of 104,000 oz (Au) and 1,700,000 oz Ag (138,000 oz Au
equivalent) and an Inferred Mineral Resource of 34,000 oz Au and
725,000 oz Ag (48,000 oz Au equivalent)



* Measured and Indicated Mineral Resources comprise approximately
75% of the total metal resource



* Global resource now 950,000 tonnes at an average gold equivalent
grade of 6.1 g/t, representing a 40% increase in tonnage over the
previous resource estimate



* Additional drilling planned to add further near surface resources
to the inventory


Dr. Kerim Sener, Managing Director, commented:

"This additional resource update for Kiziltepe was prepared during
and following a visit to site last week by our consultants SRK. The
estimate is based on all of our drilling up to March 2008 and
utilises certain findings from the mining options study undertaken by
Wardrop Engineering.

"The available drilling data for Arzu South has been remodelled to
determine the broader exploration potential of the vein system at
depth and to further refine our understanding of the structural
controls on mineralisation. We are particularly encouraged to note
that the model generated identifies several steeply plunging shoots
of higher grade mineralisation which have not been adequately tested
by drilling.

"We are now planning for focused exploration over certain areas
within the Kiziltepe prospect in the expectation that our resource
can be increased even further. Drilling at Kiziltepe will recommence
in August using our in-house drilling team on veins that have not
been drill-tested to date. We remain committed to outlining a
commercially feasible resource."

Resource Statement

SRK has completed a 3D geological model and mineral resource estimate
in compliance with the JORC code for several gold-bearing quartz
veins at the Kiziltepe prospect. SRK commented, "Ariana.has ensured
a high quality of sample preparation and laboratory results,
resulting in grade and density data which can support a JORC
compliant resource estimate."

Four mineralised structures have been incorporated into the resource
model, namely: Arzu South, Arzu North, Banu and Derya (previously
known as Vein 4). The majority of the current resource is located
within Arzu South, the central part of which has been drilled and
channel sampled with sufficient density to support a Measured Mineral
Resource. Parts of the southern and northern areas of Arzu South and
the southern portion of Arzu North are in the Indicated Mineral
Resource category. The remaining part of Arzu North and all of Banu
and Derya comprise the Inferred Mineral Resource.

SRK has placed a depth limit of approximately 125m to the resource
model, as most drill intersections are above this level and it is
clear that material below this level would not be extracted by open
pit mining. This depth coincides with the maximum depth of a Whittle
optimised pit-shell, used for the purposes of the Wardrop Engineering
mining options study. The pit-shell is illustrated in Figure 1. A
cut-off grade of 2 g/t Au was established from the economic model
derived from this pit-shell and the resource blocks measure 25m x 25m
x 10m.

SRK Mineral Resource Statement


Classification Vein Tonnage Grade Metal *
(Kt) (Au g/t) (Ag g/t) (kg Au) (kg Ag)

Measured Arzu South 390 6.4 101 2,500 39,000

Indicated Arzu South 110 5.7 106 600 12,000
Indicated Arzu North 50 2.3 38 110 1,800

Inferred Arzu North 100 2.2 29 200 2,900
Inferred Banu 130 2.6 82 330 10,500
Inferred Derya 170 2.9 53 500 9,000


* Equivalent to 186,360 oz gold equivalent. The gold equivalent is
calculated on the basis of a 50:1 price ratio between gold and silver
(this price ratio fluctuates and is dependent on market conditions).

SRK considers there to be relatively good exploration potential in
the wider Kiziltepe project area. Several new targets will be the
focus of additional drilling in the near future (Figure 2). An
extensive resistivity / conductivity geophysics survey is also
planned across the project area to help resolve several possible
blind targets prior to drill-testing, in particular the 650m long
area between Arzu South and Arzu North. The exceptionally high
conversion of Inferred Mineral Resources to Indicated and Measured
Mineral Resources at Arzu South demonstrates the robust nature of the
geological model applied and provides greater confidence in the
selection of veins for follow-up drilling in 2008 and 2009.


Leapfrog Model

In addition to the resource estimate, SRK has applied 'Leapfrog'
grade shell visualisation software to the Arzu South drilling
database to identify the potential continuity of mineralisation below
the current open-pit model and to provide follow-up exploration
targets. The Leapfrog model has further reinforced geological
understanding of the vein system and the view that there is a
consistent southeast plunge component to most of the high-grade
shoots within the vein segments (Figure 3). In the southern part of
the vein system it is also apparent that the high-grade shoots may
step-out and continue beyond the southeastern-most drilling on the
Arzu South vein system, where mineralised structures were intersected
but with diminishing grade and width. The concentration of
high-grade mineralisation in the southern portion of the Arzu South
vein system highlights the significance of this area for potential
further resource growth.

Please see the link at the end of this announcement for Figures 1, 2
and 3.

Contacts:


Ariana Resources plc Tel: 020 7407 3616
Michael Spriggs, Chairman
Kerim Sener, Managing Director

Beaumont Cornish Limited Tel: 020 7628 3396
Roland Cornish

Lothbury Financial Tel: 020 7011 9411
Michael Padley / Louise Davis

Loeb Aron & Company Ltd Tel: 020 7628 1128
Peter Freeman / Frank Lucas

City Capital Corporation Limited Tel: 020 7842 5867
Charles Dampney

Alexander David Securities Limited Tel: 020 7448 9800
Nick Bealer / David Scott


About the Kiziltepe prospect

The Kiziltepe prospect is located within a ten-year renewable
operating licence that forms part of the Company's 100% owned
Sindirgi gold project in Balikesir Province, western Turkey.

Kiziltepe lies approximately 100km east of the one million ounce
vein-hosted Ovacik gold mine and 115km northwest of the five million
ounce Kisladag gold mine. The prospect hosts over 20km in strike
length of gold-silver bearing low-sulphidation epithermal quartz
veins across an area of at least 3km by 1km. Individual veins are
exposed for up to 750m and widths vary between 1m and 14m. The main
veins trend northwest, dip to the northeast and are hosted within
Miocene age dacitic volcanic rocks.

Ariana acquired the Sindirgi Gold Project from Newmont Mining
Corporation (NYSE & ASX: NEM; TSX: NMC) in March 2005. Franco-Nevada
Corporation retains the right to a royalty of up to 2.5% on future
gold production from the Sindirgi gold project.

Ahead of commencing the drilling programme, Ariana obtained all
necessary environmental and forestry approvals from the provincial
government in Balikesir and the State Government in Ankara.

Sampling and Assaying Procedures

Ariana's sampling of drill core, reverse circulation chips and
surface samples conforms to industry best-practice. Laboratory
sample preparation, assaying procedures and chain of custody are
appropriately controlled. Preparation of samples is undertaken by
ALS Chemex in Izmir and assayed for gold by 30g fire assay at the ALS
Chemex laboratory in Romania. Routine re-assaying of samples
assaying greater than 10 g/t Au and 100 g/t Ag has also been
completed by ALS Chemex. Standard, blank and duplicate samples are
being used in the sample batches in line with the Company's quality
control procedures. Quality control checks have determined excellent
performance of blanks and standards, and duplicate samples have shown
very high correlations. The Company maintains an archive of half
core samples and a photographic record of all cores for future
reference.

Statement of Qualification

Martin Pittuck, MIOM3, C.Eng, a Principal Resource Geologist at SRK
with over 10 years experience in Mineral Resource estimation for gold
deposits, has overseen the preparation of this estimate. He is
considered to be a competent person for the purposes of reporting
Mineral Resources in accordance with the terminology and guidelines
given in the JORC Code.

About Ariana Resources

Ariana is an exploration and development company focused on
epithermal gold-silver and porphyry copper-gold deposits in Turkey.
The Company is exploring a portfolio of prospective licences selected
on the basis of its in-house remote-sensing database.

The Company's flagship asset is the Sindirgi Gold Project, which
targets a series of prospects, within a prolific mineralised district
in western Turkey. The project hosts over 45km of gold-silver
bearing epithermal quartz veins. This project is presently being
assessed as to its economic merits.

Loeb Aron & Company Ltd., City Capital Corporation Limited and
Alexander David Securities Limited are joint brokers to the Company
and Beaumont Cornish Limited is the Company's Nominated Adviser.

For further information on Ariana you are invited to visit the
Company's website at
www.arianaresources.com
.

smiler o - 12 Aug 2008 10:08 - 30 of 65

12 August 2008
AIM / PLUS Markets: AAU
ARIANA RESOURCES plc

HALF-YEARLY REPORT FOR SIX MONTHS TO 30 JUNE 2008

Ariana Resources plc ("Ariana" or "the Company"), the gold
exploration company focused on Turkey, announces its unaudited
half-yearly results for the six months ended 30 June 2008.

Highlights:

* Joint Venture initiated with European Goldfields Limited


* David Reading, CEO of European Goldfields, joins the Board



* 326,000 oz Au equivalent in JORC resources



* In-house drilling team established


Dr. Kerim Sener, Managing Director, commented:

"It has been another six months of solid progress for the Company.
Our efforts have resulted in a JORC resource of over 326,000 oz gold
equivalent and it is clear that the potential to delineate more
ounces continues to improve. In north-eastern Turkey the JV team is
actively exploring a highly prospective area for which we have high
hopes.

"We have exceeded our initial resource target at the Kiziltepe
prospect, with over 186,000 oz Au equivalent defined to date. We
expect that further exploration on this prospect and others in the
Sindirgi Project over the coming year will identify additional
near-surface resources that support the establishment of an open-pit
operation. The Company is evaluating its options for the commercial
development of the project and has entered discussions with a third
party regarding a potential off-take agreement.

"The newly acquired 140,000 oz Tavsan project will be evaluated over
the coming months in order to develop the project as a stand-alone
heap-leach operation. The first stages of this work, including a
revised resource estimate, metallurgical testwork and environmental
permitting are underway."


CHAIRMAN'S STATEMENT

Despite an uncertain and somewhat turbulent market, the Company has
developed significantly in the last six months and has continued to
deliver on its objectives. Through its focused resource development
strategy in western Turkey, it has established over 326,000 oz in
JORC resources at its flagship projects: Kiziltepe and Tavsan.
Elsewhere, our generative exploration programmes resulted in the
Joint Venture of our exploration portfolio in north-eastern Turkey
with European Goldfields Limited, a partner with an exploration and
development philosophy closely matching ours.

Kiziltepe

Exploration at the Kiziltepe prospect has focused on the Arzu South,
Arzu North, Banu and Derya veins, upon which SRK (UK) Limited has
recently prepared a JORC compliant mineral resource estimate of over
186,000 ounces gold equivalent based on a cut-off grade of 2 g/t Au.
The overall resource at Kiziltepe is now 950,000 tonnes at an average
grade of 6.1 g/t of gold equivalent, of which 500,000 tonnes is
potentially open-pittable on the Arzu South vein alone.

A geophysical survey is due to commence on the prospect this August.
This survey has been designed to test the entire 3 x 1km vein field
along several 200m spaced survey lines. Earlier in the year a trial
survey over the Arzu South vein provided results that could be
interpreted with ease and precision. We envisage that the expansion
of the programme across the whole prospect will yield several new
drill targets in what is proving to be a more consistently
mineralised vein field than previously realised.

In parallel with our exploration objectives for the prospect,
economic studies are underway to further evaluate certain development
scenarios that were initially examined in the mining options study
undertaken by Wardrop Engineering. Discussions are also in progress
with a third-party for a potential off-take agreement, which could
fast-track the project to production, albeit at a lower production
rate than for a stand-alone operation.

Tavsan

The purchase of the Tavsan project was closed with Odyssey Resources
in June for a total consideration of US$500,000 in cash and 3,000,000
ordinary shares in Ariana at 5p per share, valuing the resources in
the ground at about US$6 per ounce. The project adds much value to
the Company and, we believe, has the potential to be developed as a
small heap-leach operation capable of producing 20,000 ounces of gold
per year over seven years or more in the medium term.

Existing project data are being integrated into a comprehensive new
geological model, which will be utilised to create a revised resource
estimate. Further metallurgical testwork on the ore is also
underway. Meanwhile, a resource drilling programme concentrating on
the areas that were not included in the original 43-101 compliant
resource is being planned, along with associated environmental
permitting. It is expected that this work will feed in to a scoping
study later in the year.

Joint Venture

Our Joint Venture with European Goldfields Limited in the Black Sea
region of north-eastern Turkey was initiated in May and the JV team
has been actively exploring since June. The JV builds upon previous
generative exploration in the region and is focused initially on the
Ardala copper-gold porphyry project. We are encouraged to note that
a pipeline of new targets is already being generated from this
exploration.

European Goldfields is funding the exploration and development of the
JV licences to a definitive feasibility study. In parallel with the
JV agreement, European Goldfields subscribed for 20% of the equity in
Ariana and we are pleased to welcome their CEO, David Reading, to the
Ariana board as a non-executive director.

We consider Ariana and European Goldfields to represent a powerful
combination of talents and believe that this JV represents an
important milestone in the development of the Company.

Outlook

Through its rapidly expanding resource base, its strategic focus on
defining potentially mineable resources and its ability to develop
innovative deals, the outlook for Ariana remains very positive. The
recent establishment of our in-house drilling team is an example of
our commitment and provides the Company with the tools to test our
growing pipeline of exploration targets in a highly cost-effective
manner.

The objective of the company remains to establish economic resources
in the WAVE Project Area, notably at Kiziltepe and Tavsan, and then
to develop these resources, either on our own or in partnership, in
the shortest timeframe possible. We look forward confidently to
several further positive developments during the remainder of the
year.


kentpaul - 15 Aug 2008 17:00 - 31 of 65

u own this then smiler i have about 98k shares.

smiler o - 15 Aug 2008 18:51 - 32 of 65

I have a small Interest I think in a year or so could see some Profit ! I also have Fogl

smiler o - 19 Aug 2008 19:50 - 33 of 65

19 August 2008
AIM / PLUS Markets: AAU

LICENCE ACQUISTIONS AND TRANSFERS UPDATE

Ariana Resources plc ("Ariana" or "the Company"), the gold
exploration and development company focused on Turkey, announces that
it has acquired new exploration ground in the vicinity of its main
projects and that licence transfers are complete on six core licences
for the Tavsan project.

Highlights:

- Nine new licences acquired in western Turkey

- Six licences transferred for the Tavsan project

- Total ground-holding at approximately 1050 km2, excluding JV
licences in eastern Turkey

Dr. Kerim Sener, Managing Director, commented:

"The acquisition of new ground helps us to build our exploration
portfolio within the WAVE project area, in which we are expecting to
delineate a resource of 1 million ounces of gold in the coming
years. The completion of the first phase of licence transfers for
the Tavsan project allows the Company to begin formal work on the
project, with the aim of demonstrating its evident resource
potential.

"Following our recent dealings on the Tavsan project, our licence
portfolio in western Turkey is now even more focused on the WAVE
project area, which enables an ease of logistics and better use of
our human and financial resources. The Company holds some of the
best exploration properties in western Turkey and we look forward to
developing our licence portfolio and target stream yet further."

New acquisitions

Nine new exploration licences have been acquired in western Turkey in
regions surrounding our main project development areas. These
licences build on the strategic ground holdings around our principal
projects and offer the opportunity to define new exploration targets
for drill-testing.

Tavsan transfers

Five operating and one exploration licence within the package of ten
licences purchased from Odyssey Resources have been transferred to
Galata Madencilik San. ve Tic. Ltd., Ariana's local subsidiary. The
licences transferred include several priority licences, which contain
the existing 43-101 resource established by Odyssey Resources. The
remaining four licences are pending transfer.

smiler o - 27 Aug 2008 20:27 - 34 of 65

27 August 2008
AIM / PLUS Markets: AAU

METALLURGICAL RESULTS: TAVSAN

Ariana Resources plc ("Ariana" or "the Company"), the gold
exploration and development company focused on Turkey, is pleased to
announce that the results of metallurgical testwork conducted on
material from the Tavsan Gold Prospect demonstrate that the ore
performs very well under heap-leach conditions. These data will be
used as part of a broader scoping study scheduled for later this
year.

Highlights:

* Mineralisation is amenable to the heap-leach processing option

* Bottle-roll tests yielded gold extraction levels of up to 88%

* Column-leach testwork yielded gold extraction levels of up to 80%

Dr. Kerim Sener, Managing Director, commented:

"The results of these initial and follow-up metallurgical results are
very encouraging and point toward the amenability of the ore to the
heap-leach method of processing. We are now evaluating strategies
for the development of the deposit within the shortest possible
timeframe.

"Preparations are underway for further resource definition drilling
to expand the original resource estimate of some 140,000 ounces. Our
aim is to increase and refine the resource to a potentially economic
minimum threshold."

Contacts:

Ariana Resources plc Tel: 020 7407 3616
Michael Spriggs, Chairman
Kerim Sener, Managing Director

Beaumont Cornish Limited Tel: 020 7628 3396
Roland Cornish



Testwork Summary

Metallurgical testwork was undertaken on two composite samples of
mineralised material sent to the SGS Lakefield laboratory in Canada.
The purpose of the testwork was to determine, via several simulation
tests, the amenability of the Tavsan 'ore' to heap-leach processing,
which is commonly the only metallurgical route acceptable for
low-grade gold deposits.

The samples selected for testwork were collected from drill-chippings
from the Main Zone of the Tavsan prospect and represent high- and
average-grade mineralisation types (Table 1). The gold grades of
these two composite samples are within the range of grades determined
by the 43-101 compliant mineral resource estimate announced by the
previous operator. Both samples showed very low total sulphide in
the range of 0.06-0.10% S and low base metal concentrations. The
high-grade composite sample contained 1.10% Sb, due to the occurrence
of visible stibnite and stibiconite in parts of the deposit. In
contrast, the average grade composite contained 0.09% Sb.

Coarse bottle-roll tests at minus � inch and minus 10 mesh particle
size were performed to determine the amenability of the samples to
heap-leaching (Table 1). The simulation tests at minus � inch mesh
resulted in gold recoveries of 75% to 88% and silver recoveries of up
to 28% to 37% over a period of 14 days. The gold content of the
residues from tests conducted on the minus � inch mesh material
ranged from 0.17 g/t Au to 1.07 g/t Au for the average- and
high-grade samples respectively. The recovery of gold from the minus
10 mesh material was not dissimilar to that at minus � inch mesh and
hence the coarser minus � inch material was chosen for the
column-leach testwork.

Column-leach tests at minus � inch were performed to provide a better
proxy for the heap-leach processing route (Table 1). The tests
resulted in gold recoveries of 67% to 80% and silver recoveries of up
to 22% to 26% over a period of 77 days. The gold content of the
residues ranged from 0.26 g/t Au to 1.33 g/t Au for the average- and
high-grade samples respectively. The relatively low silver
recoveries are not considered problematic as the silver grades in the
resource are low and add little value to the deposit. The average
grade ore, approximately 1.3 g/t Au, responds most efficiently to the
heap-leach processing method possibly due to the lower antimony
content of this material. The consumption of reagents in solution
was moderate.

SGS Lakefield concluded:

"These ores responded well to the column simulated heap-leaching
process."

Table 1: Summary of results of the metallurgical testwork on Tavsan
mineralisation.


+--------------------------------------------------------------------------------------------+
| | Heap-leach | Heap-leach | Column-leach |
| | Simulation1 | Simulation2 | Testwork3 |
|--------------------------+---------------------+---------------------+---------------------|
| | Gold | Silver | Au | Ag | Au | Ag | Au | Ag |
| Sample | (g/t) | (g/t) | Recovery | Recovery | Recovery | Recovery | Recovery | Recovery |
| | | | (%) | (%) | (%) | (%) | (%) | (%) |
|---------+-------+--------+----------+----------+----------+----------+----------+----------|
| Average | 1.29 | 4.70 | 83.8 | 39.0 | 87.7 | 37.0 | 79.5 | 25.9 |
| Grade | | | | | | | | |
|---------+-------+--------+----------+----------+----------+----------+----------+----------|
| High | 4.02 | 3.90 | 78.5 | 36.2 | 75.1 | 27.8 | 67.4 | 21.5 |
| Grade | | | | | | | | |
+--------------------------------------------------------------------------------------------+


1) Heap-leach simulation (coarse bottle-roll tests) on minus 10 mesh
material over 14 days.
2) Heap-leach simulation (coarse bottle-roll tests) on minus � inch
mesh material over 14 days.
3) Column-leach testwork results for minus � inch mesh material over
77 days.


Editors' note:

Dr Kerim Sener, BSc (Hons), MSc, PhD, is the Managing Director of
Ariana Resources plc. A graduate of the University of Southampton in
Geology, he also holds a Master's degree from the Royal School of
Mines (Imperial College, London) in Mineral Exploration and a
doctorate from the University of Western Australia. He is a Fellow
of The Geological Society of London and has worked in geological
research and mineral consultancy in Southern Africa and Australia.
He has read and approved the technical disclosure in this regulatory
announcement.

About Ariana Resources

Ariana is an exploration and development company focused on
epithermal gold-silver and porphyry copper-gold deposits in Turkey.
The Company is exploring a portfolio of prospective licences selected
on the basis of its in-house geological and remote-sensing database,
on its own in western Turkey and in Joint Venture with European
Goldfields Limited in north-eastern Turkey.

The Company's flagship assets are its Sindirgi and Tavsan gold
projects. Both projects contain a series of prospects, within two
prolific mineralised districts in the Western Anatolian Volcanic and
Extensional (WAVE) Province in western Turkey. This Province hosts
the largest operating gold mines in Turkey and remains highly
prospective for new porphyry and epithermal deposits. These core
projects, which are separated by a distance of 75km, are presently
being assessed as to their economic merits.

Loeb Aron & Company Ltd. and Alexander David Securities Limited are
joint brokers to the Company and Beaumont Cornish Limited is the
Company's Nominated Adviser.

For further information on Ariana you are invited to visit the
Company's website at
www.arianaresources.com

smiler o - 17 Sep 2008 08:43 - 35 of 65

17 September 2008
AIM / PLUS Markets: AAU

ARIANA RESOURCES plc

GEOPHYSICAL RESULTS: KIZILTEPE

Ariana Resources plc ("Ariana" or "the Company"), the gold
exploration and development company focused on Turkey, is pleased to
announce the results of a geophysical programme conducted on the
Kiziltepe Gold Prospect. The programme has been successful in
defining several new exploration targets and has identified a number
of probable vein systems that are not exposed at surface.

Highlights:


* Several high-resistivity anomalies (potential vein systems)
identified at depth or beneath cover

* Large high-chargeability anomaly (potential disseminated sulphide
mineralisation) identified in the southwest part of the prospect

* Geophysical data to aid in the design of a new drilling programme


Dr. Kerim Sener, Managing Director, commented:

"The results of this geophysical programme, which was carried out
following an earlier successful trial on the Arzu vein, have
highlighted even further potential upside on the Kiziltepe prospect.
Although their presence was long suspected, there is now clear
physical evidence of likely buried vein systems at the prospect. The
20km of veins we have identified at surface now appear to be part of
a broader interlinked system of structures at depth.

"We are very excited by these results and are convinced that further
exploration, in particular drilling, will yield further discoveries.
We are entering a new phase of exploration at Kiziltepe and our scope
for identifying further resources has increased substantially."

Geophysical Programme

The geophysical programme described here was undertaken over a 2km2
area covering the main Kiziltepe vein field and included all of the
veins contained by the existing resource estimate. The programme
follows the successful trial, earlier in the year, of the geophysical
method over the Arzu South vein.

Data was collected from nine northeast-southwest oriented Induced
Polarisation (IP) / resistivity profiles, which were spaced 175-240m
apart and designed to coincide directly with existing geochemical
data lines (total length surveyed is approx. 11km). A pole-dipole
array was used with a 30m electrode spacing, using a Scintrex TSQ-3
transmitter and a IPR-12 receiver operating in the time domain.

Several high chargeability and high resistivity anomalies were
identified in the two-dimensional inversion models, which are
interpreted to coincide with zones containing vein systems and their
related alteration. Zones with resistivities greater than 300 Ohm.m
and chargeabilities greater than 15mV/V were identified as explicit
anomalies, while 100-300 Ohm.m and 10-15 mV/V ranges were identified
as possible anomalies.

In plan, the distribution of both high resistivity and chargeability
anomalies is broadly coincident across two distinct regions; one in
the Arzu North to Arzu South area, in the northeast, and the other in
the Banu and Vein 7 area in the southwest. In detail, several linear
resistivity anomalies are identifiable in plan which do not coincide
with known veins and may represent new vein systems at depth.

The anomalies in the Arzu South to Arzu North area are interesting
because they identify a steeply dipping structure (interpreted to
represent the Arzu vein system) and a new moderately dipping
structure beneath ignimbrite cover (Figure 1). Both steeply and
moderately dipping anomalies show typical resistivities in the range
of 300-700 Ohm.m. The moderately dipping feature is a high-priority
drilling target as it may represent a different style of vein-type
mineralisation controlled by stratigraphy.

The anomalies in the Banu and Vein 7 area identify several parallel
resistivity features, not all of which correspond to known veins, and
the chargeability anomaly is consistently wide and unbroken across
the profiles and in the range of 15-30 mV/V (Figure 1). The latter
feature suggests an abundance of disseminated sulphide
mineralisation, which is atypical of the known mineralisation at the
Kiziltepe prospect, and is more typical of porphyry alteration
systems. The feature is an obvious drilling target.

Further interpretation of the geophysical data in parallel with
geological and geochemical datasets will be undertaken prior to
planning a new drilling programme. Expert advice may be sought
during the interpretation of this data to ensure the programme
designed is robust. The current drilling programme has been put on
hold until this new interpretation is completed.


Please see the link at the end of this announcement for figure 1
showing an inverse model resistivity (top) and chargeability (bottom)
profiles on Line 7 viewed looking to the southeast. The left-hand
side of the sections correspond to the continuation of the Arzu
structure beneath ignimbrite cover and identify a moderately dipping
anomaly at a depth of 50-100m below surface. The high chargeability
anomaly containing several steeply dipping resistivity features on
the right-hand side is an obvious drilling target.


smiler o - 01 Oct 2008 08:00 - 36 of 65

1 October 2008
AIM / PLUS Markets: AAU

INITIAL JORC RESOURCE AT TAVSAN

Ariana Resources plc ("Ariana" or "the Company"), the gold
exploration and development company focused on Turkey, is pleased to
announce its initial JORC resource estimate on the Company's Tavsan
gold prospect in K�tahya Province, western Turkey. The total
resource is now approximately 215,000 ounces of gold equivalent.
There is potential to expand the resource significantly and
additional drilling is scheduled.

Highlights


* SRK Consulting (UK) Ltd ("SRK") estimates a JORC compliant
Indicated Mineral Resource of 87,000 oz gold and an Inferred
Mineral Resource of 117,000 oz gold



* Global resource is 4,900,000 tonnes at an average gold equivalent
grade of 1.36 g/t: resource expected to be economically viable



* Additional drilling planned to add further resources to the
inventory



* Preparations underway for a scoping study on a 30,000 ounce p.a.
heap-leach operation


Dr. Kerim Sener, Managing Director, commented:

"This initial JORC resource for the Tavsan prospect is very
encouraging and demonstrates the potential of this project to grow
further. This resource statement, coupled with the good metallurgy,
confirms our expectation that Tavsan can be developed as a 1,000,000
tonne per annum heap-leach operation in the medium term.

"We are now planning a programme of drilling to further expand the
resource. There are large parts of the prospect that remain
un-drilled, yet there is clear potential for further resource
upside. We are committed to defining a commercially viable resource
at this location."

Resource Statement

SRK has completed a 3D geological model and mineral resource estimate
in compliance with the JORC code for the Main, Sivri and Satellite
zones of gold-bearing jasperoid at the Tavsan prospect. This
resource model has been developed from the original 43-101 compliant
resource of approximately 140,000 oz Au equivalent. The new JORC
resource reported on here is considered by SRK to be potentially
economically mineable.

Classification of the resource model is based on geological and grade
continuity, drill-hole spacing, in addition to the distance of
samples to blocks during interpolation. The majority of the current
resource is located within Main Zone, the north-eastern part of which
has been drilled with sufficient density to support an Indicated
Mineral Resource. Remaining parts of the Main Zone and the nearby
Sivri and Satellite zones are in the Inferred Mineral Resource
category.

SRK has placed a depth limit of approximately 30m and 50m for the
resource models on the Main/Sivri and Satellite zones respectively,
as most drill intersections are above this level and it is clear that
material below this level would not be extracted by open pit mining.
A historical cut-off grade of 0.7 g/t Au was applied, which reflects
the relatively flat lying nature of the mineralisation, and therefore
low stripping ratio, and the amenability of gold recovery by low cost
heap-leaching. Resource blocks measure 20m x 20m x 5m for the Main
and Sivri Zones and 50m x 50m x 15m for the Satellite Zone.

SRK Mineral Resource Statement


Classification Zone Tonnage Grade Metal *
(Ag
(Kt) (Au g/t) g/t) (oz Au) (oz Ag)

Indicated Main 1,700 1.6 4.2 87,000 229,000

Inferred Main & Sivri 1,300 1.0 3.6 42,000 153,000
Inferred Satellite 1,900 1.2 3.7 75,000 227,000

Indicated Total 1,700 1.6 4.2 87,000 229,000
Inferred Total 3,200 1.1 3.7 117,000 380,000


* Total metal equal to 214,694 oz gold equivalent. The gold
equivalent is calculated on the basis of a 50:1 price ratio between
gold and silver (this price ratio fluctuates and is dependent on
market conditions).

SRK has recommended additional drilling on the Main and Satellite
Zones and considers there to be good potential to upgrade the
Inferred Mineral Resources to Indicated Mineral Resources. Further
drilling in the Satellite Zone is expected to improve the
understanding of the morphology of the deposit, which should assist
with the delineation of additional Mineral Resources.

smiler o - 25 Nov 2008 08:33 - 37 of 65

25 November 2008
AIM / PLUS Markets: AAU



PERMITTING AT KIZILTEPE COMPLETED



Ariana Resources plc ("Ariana" or "the Company"), the gold
exploration company

focused on Turkey, is pleased to announce the receipt of its final
operational permits

for the Kiziltepe prospect, in Balikesir Province, western Turkey.



Dr. Kerim Sener, Managing Director, commented:



"The receipt of our final permits at Kiziltepe represents a
significant milestone in the

development of the project. These permits provide us with the
freedom to plan

effectively for additional trial mining at this location, and will
allow us to scale up operations quickly.



"We are in discussions with several parties on the future development
of the Kiziltepe

project. The Company is aiming to define the most value-added route
for the project in

the short to medium term."



Permit Status



The Kiziltepe project is now fully permitted for formal mining
operations to commence.

The permits currently held at the project include:



* Mining Permit: This permit provides permission to mine and covers
the entire Kiziltepe vein field.
* Environmental Permit: This ensures the project meets certain
environmental requirements and covers the Arzu South, Arzu North
and Banu veins.
* Forestry Permits: These are required only in forested parts of
the project area for which access was sought primarily for
drilling purposes. A larger forestry permit covers the Arzu
North vein in which trial mining has already commenced.
* Health and Safety Permit: This ensures the Company complies with
certain health and safety regulations, and the permit covers the
entire project area.
* Blasting Permit: This provides permission to use explosives
during mining. This covers the entire project area but in
practice is currently limited to an area on the Arzu South vein.



The Company has also secured certain surface rights which were
announced on 18 July 2007.



Mining Status



The Company now holds a stockpile of approximately 2,000 tonnes of
ore from the

Arzu North vein which was mined in accordance with Turkish mining law
by mechanical

methods prior to receipt of the blasting permit. Approximately 25
tonnes of this ore was

sent for trial processing at a treatment facility elsewhere in
Turkey, from which very

good recoveries of between 82.3% and 89.7% gold were achieved. The
Company is

presently preparing a mining plan to extract 5,000 tonnes of ore from
the Arzu South

vein by mechanical methods, assisted by blasting where appropriate.
The intention is

that this ore will be utilised for further trial processing in due
course.

dandu71 - 25 Nov 2008 18:52 - 38 of 65

Hi Smiler, still holding some of these, top sliced them well over two years ago so hold at no risk. Despite the good news, no trades today?

smiler o - 26 Nov 2008 11:36 - 39 of 65

Aye, money is tight + Nr crimbo !! still one to watch ; )
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