Take a look rns out today

Smiler, I continue to watch too - with far more concentration than before, I hasten to add!

The period between now and the drilling results could provide buying opportunities. AAU looks cheap compared with STI (compare also PGD, but that's not in Turkey!), but has better prospects unless I've missed something.

WDIK, PDYOR, etc.

Just noticed the price drop today (told you I was concentrating ;o) !!).

Looks like the last buys went through at 12p, but it's difficult to tell as my broker has assigned these as "?".

I find it hard to believe that it has dropped back to previous levels after the recent news, and that on low volume too. As I say, I'll continue to watch and wait. Mid-July, the SP was exploring 10p - maybe it'll get back under 11 before picking up.

Soul traders

I agree, I do feel this does have potential at the right price ! lets hope the recent bomb attacks in Turkey does not put off potential investers ! interesting to see whats happens this week !

Finally got in on this (thanks to HNR's 50% jump on news of its takeover by TLW!!).

Just a small initial holding at a little under 12.5p including costs. Don't be fooled by the big spread some online brokers are posting, as it seems to bear little relevance to reality.

Anyway, I'm pleased finally to have been able to have a crack at AAU and am optimistic of a decent re-rating come the drilling results at the end of November. Patagonia Gold's (AIM: PGD) performance on its good news in the last quarter of last year ought to provide some idea of what this might do if the news from Kiziltepe is good; however, market conditions have changed so there's really no telling.

All IMO, PDYOR.

Soul T

good luck hope to join you soon as I sell my Oxs (may be a while) !! : )

Smiler, if I had some spare cash then I wouldn't be delaying too long with AAU. End of November could get pretty interesting.

Can't comment on Oxus, but I seem to remember it was 30p a few weeks back ??!!??

Soul T, oxs holding at 22/23 hope to see 35/+ then i will sell and get in to AAU, I do also like the look of BGF, the price has droped to 7.50 ish but some time off at the moment but a good price to get in at IMHO

Interim results out today. No surprises, but they do have 2 million in cash and appear to be making good progress on projects.

More very good news out today, with an RNS announcing a large increase in AAU's licence portfolio.

Stock News - RNS
Ariana Resources PLC - Licence Portfolio Increase
RNS Number:2808K
Ariana Resources PLC
11 October 2006

11 October 2006

AIM: AAU

LICENCE PORTFOLIO SIGNIFICANTLY INCREASED

HIGH PRIORITY TARGETS STAKED


Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration company
focused exclusively on Turkey, announces a significant expansion to its
exploration portfolio following the completion of a systematic remote-sensing
programme.


*45 new licences granted covering 698km2 across western and eastern Turkey

*Numerous high interest potential gold and porphyry copper-gold style
targets staked

*Exploration portfolio enlarged to 106 licences covering 1,755km2


The Company's generative exploration programme targets the discovery of world
class bulk-tonnage high-sulphidation style (gold and copper-gold) and vein
hosted low-sulphidation style (gold and gold-silver) deposits. At least 120
further targets have been defined from the latest programme which integrated
significant satellite-borne data (ASTER) with data in the Company's proprietary
in-house GIS platform. Forty five new exploration licences totalling 698km2 have
been secured across the highest priority targets occurring in free ground in
western Turkey (14 licences), central Turkey (14 licences) and eastern Turkey
(17 licences). Ariana's portfolio has subsequently increased to 106 licences
covering 1,755km2.


New targets generated for follow-up exploration include:


*4km x 5km anomaly in volcanic rocks in an under-explored region

*6km x 2km anomaly in complex geology similar to that found in Nevada, USA

*2km x 2km anomaly in the centre of a large volcanic complex

*Portions of a 16km long anomaly in volcanic rocks

*2km long anomaly at the contact between volcanic and metamorphosed rocks


Steven Poulton, Chief Executive, commented:

'Ariana is making excellent progress towards its strategy of defining a pipeline
of exciting projects for resource definition in Turkey. This recent programme
has secured an additional 45 licences across numerous and potentially
significant large targets.


'Meanwhile, we continue to make strong progress at our existing projects. In
western Turkey drilling is underway with two rigs active at the Company's
Sindirgi gold project that hosts over 45km of gold-silver bearing epithermal
veins and exploration is on going at the Demirci gold project.'

very good news, this could go a long way I have been with Oxs some time and this does seem undervalued IMHO Yet does not seem to be much interest ??? :)

It's the usual story with very small companies, Smiler - they just get overlooked while they are in this very embryonic stage. However, it seems to me that AAU's prospects are improving all the time and I am hopeful that the results of the drilling will provoke a re-rating. Failing that, the longer they stay cheap, the more I can add until the company's true value really does come shining through :o)

31 October 2006
AIM: AAU

MEMORANDUM OF UNDERSTANDING SIGNED IN EASTERN TURKEY


Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration company
focused exclusively on Turkey, announces that its wholly owned Turkish operating
subsidiary Galata Madencilik San. ve Tic. Ltd. Sti. ('Galata') has signed a
Memorandum of Understanding ('MoU') with Besler Insaat Turizm ve Madencilik San.
ve Tic. Ltd. Sti. ('Besler') in eastern Turkey.


MoU provides Ariana with an experienced local partner in highly
prospective eastern Turkey
Exploration campaign to commence in 2007
Royalty payments to be made on commercial production


Besler operate chromite mines in the Erzurum region of eastern Turkey and also
hold a number of additional exploration licences. These additional licences will
be transferred to Galata for inclusion in the Company's exploration programme in
2007. A number of these licences have been visited by Ariana's field teams and
show encouraging potential for epithermal and skarn-related gold and copper
mineralisation.


The MoU provides for the payment of a royalty on the production of gold, silver,
copper, molybdenum, lead and zinc within a designated Area of Interest. The
royalty payable by Ariana to Besler will be 1.25% for licences selected by
Ariana and 2.5% for licences previously held by Besler.


Steven Poulton, Chief Executive, commented:

'This deal illustrates Ariana's strategy of applying to maximum effect our in
country know-how to develop strong local partnerships. The agreement represents
an excellent opportunity for the two companies to use their combined expertise
to unlock the potential for significant gold and copper-gold discoveries within
the highly prospective and under explored metallogenic belts of eastern Turkey.'

Still more encouragaing news - thanks for the post, Smiler.

Looking a bit bargainous today: AAU Bid: 9.5p Offer: 11.5p Change: -0.25

The one trade this morning went through at 11.15p; at this price AAU could be a good trading play viz the forthcoming drilling results .

IMO/DYOR

20 November 2006

AIM: AAU

SIGNIFICANT INITIAL DRILLING RESULTS FROM KIZILTEPE GOLD PROSPECT


Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration company
focused exclusively on Turkey, announces significant results from the first
eighteen drill holes completed on the Kiziltepe gold prospect at the Company's
100% owned Sindirgi Project in Balikesir province, western Turkey.


Intersections of 13.09 g/t Au over 6.6m, 7.49 g/t Au over 10.5m and 6.52
g/t Au over 6.3m

Results confirm previous work and identify lateral and down-dip vein
extensions

Eighteen drill holes completed along 530m of vein strike length

Drilling ongoing at the Kiziltepe and Kepez prospects


Since August 2006 a field team from the Company's Turkish operating subsidiary,
Galata Madencilik San. ve Tic. Ltd. Sti., has supervised the completion of a
diamond core drilling programme on the Arzu South vein. Assay results for the
first eighteen HQ size (63.5mm diameter) holes, totalling 1,391 drilled metres,
have been received. The holes were drilled to depths of between 50 and 105
metres and angled at between 50 and 75 degrees along a 530m section of vein
strike length. Quartz veins, other mineralised structures and stockwork were
located in all but one of the first eighteen drill holes, the results of which
are detailed below.


did not print it all its a bit long !! : )

Don't understand a thing about miners, but well done here, now lets see it reflected in the sp.

Morning all!

SWW, it seems to me, from comparison of other minnow gold-diggers, that the grades of gold deposits found are very much worthwhile - anything over 6g/t tends to be regarded as quite a decent find, with plenty of the tiddlers still mining very happily on yields around the 2 g/t mark if memory serves.

Hopefully there's more of the same to come from AAU (both from the remainder of the current drilling programme and from the company's extensive license portfolio), but of course the road to actual production may be a long one due to the need to set up facilities, etc.

So the issue of exactly when this co will go multi-bagger is completely open. I like what I see, though, and the fact that only 107k shares have been traded so far this morning suggests to me that AAU is still being overlooked at the present time, which means there could be plenty more buying opportunities along the way.

Don't take it from me; PDYOR, etc, but I am still amply convinced that AAU is going to do very well for its investors and that our patience will be rewarded.

I'll look in from time to time, and also research a bit.

I have held JLP before today, but that was a momentum play rather than an educated one.

Thanks for explaining.

Useful article on Proactive investors, dated 4th Dec.

http://www.proactiveinvestors.co.uk/articles/article.asp?AAU2

Ariana Resources PLC
11 December 2006




11 December 2006
AIM: AAU

EXPLORATION UPDATE ON THE GOVELI GOLD PROJECT

Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration company
focused exclusively on Turkey, provides an update on exploration at its Goveli
gold project in western Turkey.

Gold mineralised zone measures at least 5km long and 0.5km wide
Grades of up to 4.16 g/t Au and 1.72% Nickel from composite rock-chip
sampling
Follow up exploration underway to define drill targets

Geological mapping and a programme of systematic rock-chip sampling have defined
a zone of pervasive gold mineralisation and hydrothermal alteration measuring at
least 5km long and up to 0.5km wide along the discontinuous northeast striking
thrusted contact between Cretaceous age marble and ophiolitic units with
Precambrian age basement schists and gneiss. A total of 586 samples have been
collected from a combination of 50m by 50m and 25m by 25m spaced composite rock
chip grids, with a peak gold grade of 4.16 g/t. Sixteen samples graded above
0.5% Ni with peak grades of 1.72% Ni and 0.15% Co collected proximal to altered
ophiolite.

A programme of reconnaissance rock-saw channel sampling has also been completed
along road cuts within an area showing strong alteration. A total of 141 samples
were collected and the results confirm the broad distribution of anomalous grade
gold mineralisation at surface, including 0.49 g/t Au over 23m and 0.34 g/t Au
over 22m.

Kerim Sener, Exploration Director, commented:
'Our systematic exploration of the Goveli project has defined a significant zone
of gold mineralisation measuring 5km long and up to 0.5km wide in places. Field
observations indicate that the mineralisation is associated with a complex array
of faults and fracturing. Structural mapping, geophysics and a programme of
trenching are planned to define possible high-grade feeder zones that would be a
target for a future drilling programme in 2007. '

About the Goveli project
The Goveli gold project comprises three exploration licences totalling 44.5km2
in the Manisa Province of western Turkey, 125km northeast of the coastal city of
Izmir and 60km southeast of Ariana's Sindirgi gold project. The central licence
was acquired through competitive auction and two contiguous licences were
acquired from Newmont Altin Madencilik Limited Sirketi, a subsidiary of Newmont
Mining Corporation (NYSE & ASX: NEM; TSX: NMC) ('Newmont'), in July 2006.
Newmont retains a Net Smelter Returns royalty of 2% on future production from
the Goveli project.

Sampling and Assaying Procedures
The Goveli exploration programme has consisted of the collection of 586
composite rock-chip samples and 13 float samples. Of the rock-chips, 482 samples
returned grades of less than 0.1 g/t Au (82% of the total), 72 samples between
0.1-0.5 g/t Au (12% of total), 17 between 0.5-1 g/t Au (3% of total), and 15
greater than 1 g/t Au (3% of total), with a peak grade of 4.12 g/t Au.

All samples have been prepared by the ALS Chemex preparation facility in Izmir
and assayed for gold by 30g fire assay at the ALS Chemex laboratory in Romania.
Batches of 44 samples are submitted to the laboratory for simultaneous fire
assay and batch control is provided by standard and blank samples inserted in
the sample sequence in line with the Company's quality control procedures.

Dr Kerim Sener, BSc (Hons), MSc, PhD, is Ariana's Exploration Director. 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 the Northern Territory of
Australia. He has read and approved the technical disclosure in this regulatory
announcement.