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/

"

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

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.

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

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.

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.

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.

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?

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

Anybody using this site still follow AAU - any thoughts on their prospects - looks interesting with possible offtake and EGU backing it still?

5 March 2009
AIM / PLUS Markets: AAU

TRIAL PRODUCTION FROM KIZILTEPE COMMENCES

Ariana Resources plc ("the Company"), the gold exploration and
development company focused on Turkey, is pleased to announce the
completion of an agreement with Eti G�m�s AS. ("Eti") to process ore
from the Company's Kiziltepe deposit on a trial basis. Ariana will
receive, through its operating subsidiary, Galata Madencilik San. ve
Tic. Ltd. ("Galata"), an up-front signing fee from Eti of US$ 10,000
which will be deducted from proceeds once the first 1,000 tonnes of
ore has been processed.

The initial agreement with Eti entails a large-scale (5,000 tonnes)
process trial of Kiziltepe ore using the G�m�sk�y processing plant,
owned by Eti and located in K�tahya Province in western Turkey.
Ahead of the agreement detailed below, the Company undertook a
smaller test-run of some 25 tonnes of ore through this plant, from
which very good recoveries of between 82.3% and 89.7% gold were
achieved.

Dr. Kerim Sener, Managing Director, commented:

"This event marks the dawn of a new era for Ariana Resources. We
have successfully made the transition from explorer to a committed
developer of gold resources in Turkey. In partnership with Eti
G�m�s, we have now followed through with our resolve to see the
resource at Kiziltepe mined.

"This achievement represents the natural evolution of our long-term
strategy and takes us one step closer to our aim of becoming a
significant gold producer in Turkey. This success also highlights
the determination of our management team to maximise the value of our
resources, despite the difficult conditions faced by all junior
companies.

"We are particularly proud of the solidarity and effort our team has
shown to bring about this achievement. It is through their sense of
purpose and commitment, and indeed that of our loyal shareholders,
that we have achieved this milestone. We thank and congratulate
them. We also look forward to working with our partners, Eti G�m�s,
to make this trial a success, for both companies."

Details of Trial

Ariana will be responsible for mining and trucking the ore to the
G�m�sk�y plant, 130km to the east of Kiziltepe. All permits and
rights have been secured for mining operations to commence, and an
initial pit-design/mining plan has been completed jointly by the
company's Mining Engineer and Project Manager; individuals with
extensive mine operational backgrounds in Turkey.

Within one month, the Company expects to extract 5,000 tonnes of ore
from the Arzu South vein of the Kiziltepe deposit. Ore will be
stocked and sampled at Kiziltepe in the first instance. Following
receipt of grade control data, any ore over 4.5 g/t Au will be
transported by road to the G�m�sk�y plant for processing. Eti will
review mining progress at Kiziltepe on a periodic basis.

Formal quotes have been received by Galata for drilling, blasting,
general mining operations and transportation. Following completion
of the agreement, contracts for mining and transportation will be
finalised with the relevant contractors, and mining operations are
expected to commence within 15 days. The initial pit will be
approximately 100m long and optimised for the recovery of high-grade
ore.

Over a period of 45 days after receiving the first batch of ore from
Kiziltepe, Eti will be responsible for processing the ore and all
analytical costs associated with process grade control. Galata will
undertake periodic quality control of Eti process analytical results
by supplying control samples to their laboratory.

Eti will feed the Kiziltepe gold-silver ore in to their plant at a
measured rate, along with silver ore from their G�m�sk�y mine; any
gold recovered will be attributable to Kiziltepe. Ariana will review
progress at G�m�sk�y on a periodic basis while the processing is
underway and will send to site a metallurgist to review Eti process
data and controls.

Gold produced from the operation will be divided on a 50-50 basis
between the parties. Expected recovery of gold will be 85%, in line
with the earlier test results detailed above. Silver recoveries will
be considerably lower, as the silver grade of ore supplied to Eti is
considered marginal for processing and, in any case, the Company has
agreed that any silver obtained from the plant will be retained by
Eti. Gold retained by Ariana will be refined at the Istanbul Gold
Refinery or a suitable alternative.

If this trial operation is deemed successful by both parties, Galata
and Eti have determined to discuss a processing arrangement which
would be governed by a new agreement.

29 June 2009
AIM / PLUS Markets: AAU

KIZILTEPE: FIRST GOLD PRODUCTION

Ariana Resources plc ("Ariana" or "the Company"), the gold
exploration and development company focused on Turkey, is pleased to
announce its first gold production from the Sindirgi Gold Project.
This follows the conclusion of trial mining at the Arzu South vein at
the Kiziltepe deposit by Ariana's subsidiary, Galata Madencilik San.
ve Tic. Ltd. ("Galata") and the processing of its ore at the G�m�sk�y
plant by Eti G�m�s A.S. ("Eti").

Dr. Kerim Sener, Managing Director, commented:

"Trial processing of ore from Kiziltepe has resulted in the
production of the first 387 oz of gold from the Kiziltepe deposit.
This is a solid result from the initial trial mine at Kiziltepe, and
discussions regarding an extension to this trial for the processing
of a further batch of ore are underway. It is currently the
intention of the companies to develop their partnership with the
intention of advancing both the Sindirgi and Tavsan projects.

"Ariana is currently considering the sale of investment ingots from
its first gold production from Kiziltepe, following further refining
and minting at the Istanbul Gold Refinery. Such ingots will be sold
at a modest premium to the gold price on a 'first-come-first-served'
basis. I have personally placed a provisional order for 1kg of this
first gold production, as I believe this represents such a
significant and memorable step forward for the Company."

Trial Processing

Trial processing of 5,177 tonnes of dry ore from the Kiziltepe
deposit was finalised during last week at the G�m�sk�y processing
plant owned by Eti in K�tahya Province, Western Turkey.

According to preliminary data provided by Eti, 253.16kg of dry anode
mud was recovered from the electrolytic processing circuit (Figure
1). The gold content of the mud was measured at 4.75%, giving a
total gold content of 12.025 kg (387 oz). Refining of the anode mud
for conversion to 99.9% pure gold is currently underway at the Eti
laboratory and division of the proceeds is expected to occur during a
meeting between Galata and Eti scheduled for the 10th July. Please
see the news release dated 5th March 2009 for details of the trial
processing arrangement with Eti.

While the recovered grade was lower than expected, Galata and Eti are
working jointly to determine the reasons for this result. Ariana
suspects that the surprising volume of sub-surface old workings,
containing low grade back-fill, encountered in otherwise higher-grade
areas contributed to the lower than expected grade of the ore trucked
to the plant. Also, the mined ore suffered certain unplanned
dilution resulting from the mining method and the inexperience of the
trial mine operators. These factors contributed to a trucked grade
of approximately 3.27 g/t Au, based on analyses undertaken at the Eti
laboratory. Process recoveries were also somewhat lower than
expected and calculations of staged process efficiency are still
underway. Ariana is also checking Eti laboratory data via new
analyses undertaken at ALS Chemex to determine if any analytical
errors have occurred.

7 August 2009
AIM / PLUS Markets: AAU

ISSUE OF SHARES
DIRECTORS' DEALINGS


Pursuant to the authorities granted at the Annual General Meeting of
the Company held on 29 June 2009, the Board of Ariana Resources plc
("Ariana" or "the Company"), the gold exploration and development
company focused on Turkey, today announces the issue of 855,216 new
Ordinary Shares of 1 pence each at a price of 2 pence per share and 3
pence per share for salaries due to Directors and staff during the
first and second quarters of 2009 ("the Share Issue"). As set out in
the Annual Report & Accounts 2008, this came about as a result of
certain Directors deferring a portion of their salaries during the
first quarter and the shares have been issued at the average price
during the quarter to satisfy the amount deferred.

Following the Share Issue, the Directors' shareholdings will be as
follows:


+-------------------------------------------------------------------+
| | Shares issued under | Shareholding | Percentage |
| | the Share Issue | following the | holding |
| | | Share Issue | of issued |
| | | | shares |
| | | | following the |
| | | | Share Issue |
|-------------+---------------------+---------------+---------------|
| Kerim Sener | 263,143, of which | 4,013,143 | 2.80% |
| * | 161,290 were issued | | |
| | @ 2p, and 101,853 @ | | |
| | 3p | | |
|-------------+---------------------+---------------+---------------|
| Michael | 131,572, of which | 519,072 | 0.36% |
| Spriggs | 80,645 were issued | | |
| | @ 2p, and 50,927 @ | | |
| | 3p | | |
|-------------+---------------------+---------------+---------------|
| Michael de | 263,143, of which | 2,085,143 | 1.45% |
| Villiers | 161,290 were issued | | |
| | @2p and 101,853 @3p | | |
+-------------------------------------------------------------------+


* Kerim Sener's shareholding currently includes shares held by
related parties.



Application will be made to the London Stock Exchange for the new
Ordinary Shares to be admitted to trading on AIM. It is anticipated
that Admission will become effective and dealings will commence on or
around 14 August 2009. The new Ordinary Shares will rank pari passu,
in all respects, with the existing Ordinary Shares that are currently
in issue and are traded on AIM. Following admission of these shares,
there will be a total of 143,110,294 Ordinary Shares in issue.


Contacts:

Business Financial Newswire
Gold explorer Ariana Resources has raised 800,000 by placing 26.667m shares at 3p each.

The funds raised will allow the Company to undertake further development work on the Kiziltepe and Tavsan deposits, and to initiate core components of the pre-feasibility level evaluation of the 'Red Rabbit' Project.

New exploratory drilling on Kiziltepe and related targets will be undertaken in prospective areas where surface data is limited. At Tavsan, a geophysical programme is planned to identify new targets for resource extensions.

MD Dr Kerim Sener says: 'This Placing was conceived and completed within only one week. This highly successful and speedy outcome is a powerful endorsement of the steady progress made by the Company in recent months."

The market absorbed the news about the placement and the share rose 0.12p to 4.75p in early morning trading.

New article!

http://www.proactiveinvestors.co.uk/companies/news/9496/ariana-resources-setting-up-jv-with-turkish-partner-to-develop-sindirgi-and-tavsan-gold-projects-9496.html

This event is free to attend.
========================

Proactive Investors One2One Forums

The directors of Ariana Resources (AIM: AAU), Western Potash Corp (TSX-V: .WPX) and Resource Generation (ASX: RES) will be presenting:

Wednesday the 24th February 2010
Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

This event is suitable for the following:
Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.


Register Here - http://www.proactiveinvestors.co.uk/register/event_details/72

chart looks weak, unfortunately not worth shorting at this level. many might think it can only go up from here.( potential double bottom) but only POTENTIAL. longer term shows ACTUAL top formation. not one for me. good luck.
regards
jkd
edit just my opinion as always and please always dyor.

Ariana makes progress on Red Rabbit JV
Business Financial Newswire
Gold explorer and developer Ariana Resources has made significant progress towards production on its proposed joint venture with Proccea Construction on the Red Rabbit project in Turkey.

The firm said a positive project scoping study and an environmental scoping assessment had been completed for the Kiziltepe sector and Proccea had completed preliminary designs for the processing plant.

It said a reverse circulation resource drilling programme would commence on two satellite veins - Banu and Derya - and a feasibility study and environmental impact assessment was due to get under way.

bought in this morning with some of my ANR proceeds....onwards & upwards!

Nice upward increase today! long may it continue!

Ariana are presenting in London on Wednesday 17th November at 18.30.

All are welcome, and refreshements and hot pub fare will be served after the presentation.

For FREE registration please click HERE