Take a look rns out today

AAU Bid: 10.5p Offer: 12p Change: 0.5

I'm amazed at how soggy the shre price is at the moment. Drifting downwards for no apparent reason; meantime the news keeps getting better.

AAU Bid: 9p Offer: 9.5p Change: -1

It could be down to "that time of year" a few selling may be ST, IF it drops any more on No news I may Top up!

Smiler, the low SP is giving me an itchy trigger finger too, but I am not very liquid at the moment, plus I really would like to purchase something that's actually moving in the right direction for once, in contrast to my usual wait-and-see strategy.

Am waiting for the IPO of a Chinese petro-chemical called Haike, due in the next week or so, to see what that does.

ST, sounds promising

Thanks, Smiler, have posted this on my new HAIK thread!

ST, I see a few buys !! and a tic up :)

Smiler, it's nice to see that. My broker's quote says we're back to no change for the day.

Ariana Resources PLC
08 February 2007





8 February 2007
AIM: AAU


FIRST DRILLING RESULTS FROM VEIN 4, KIZILTEPE PROSPECT

http://moneyam.uk-wire.com/cgi-bin/articles/200702080700429099Q.html

Thanks once again, Smiler (my, but you've been busy the last day or two!).

Couldn't resist posting the whole article on this occasion:

Ariana Resources PLC - Vein 4 1st Drilling Results
RNS Number:9099Q
Ariana Resources PLC
08 February 2007


8 February 2007
AIM: AAU


FIRST DRILLING RESULTS FROM VEIN 4, KIZILTEPE PROSPECT


Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration company
focused on Turkey, announces the results from the first three drill holes
completed on Vein 4, which is located 800m northwest from the Arzu South and
900m north of the Banu veins at the Kiziltepe gold prospect. This represents the
sixth successive set of positive results on different veins within the Kiziltepe
project, which is located within the Company's 100%-owned 235km2 Sindirgi gold
project in western Turkey. Ariana is continuing to develop a detailed and
positive framework for understanding and potentially developing this extensive
mineralised system.


*Previously untested vein providing intersections of 1.42 g/t Au over
6.0m, 1.26 g/t Au over 7.10m and 1.56 g/t Au over 5.0m
*Silver grades in these intersections range from 19 to 49 g/t Ag
*First three drill holes completed along 100m of vein strike length
*The continuity of grade at surface and at depth indicate that further
drilling on this vein is warranted


A field team from the Company's Turkish operating subsidiary, Galata Madencilik
San. ve Tic. Ltd. Sti., supervised the completion of an initial three-hole HQ
size (63.5 mm wide) diamond core drilling programme on Vein 4. The holes D18,
D19 and D20 reported in this release totalled 232.80m. They were drilled to
depths of between 65 and 93 metres and angled at 60 degrees along a 100m section
of vein strike length. Collars were located at approximately 50 metre spaced
centres. Quartz veins, other mineralised structures and stock work were located
in all three holes drilled in this exploratory programme. Selected intersections
are given in Table 1 below.


Kerim Sener, Exploration Director, commented:


'The results of this drilling confirm the validity of our strategy to test all
previously undrilled veins at the Kiziltepe prospect. While the grade of
mineralisation at Vein 4 is low, the vein widths are significant and there is
sufficient geological evidence to conclude that these initial intercepts are
positioned high in the epithermal system. We predict that this vein is one of
the least eroded veins on the Kiziltepe prospect and that deeper drilling on
this vein will yield better grades. Further drilling at this location is
scheduled for later this year.'


Table 1: Drill hole intersection data from the Vein 4 drilling programme:
Hole From To (m) Recovery Apparent Gold (Au Silver Au + Ag
(m) (%) Width (m) g/t) (Ag g/t) equiv. (g
/t)
KTP-D18-06 38.0 44.0 97 6.0 1.42 34.60 2.11
KTP-D19-06 44.3 51.4 91 7.1 1.26 48.96 2.24
KTP-D20-06 61.8 66.8 94 5.0 1.56 19.46 1.95
Notes:

No top cut has been applied to assay results

Intersections based on a 0.5 g/t cut off grade

Weighted averages have been calculated for core recovery and gold/silver
grades

Au + Ag equiv. g/t is the sum of the gold grade and the gold equivalent grade
of silver

based on a gold/silver price ratio of approximately 1:50


Vein 4


In 2006, Vein 4 (strike length 615m) was tested at surface by rock-saw channel
sampling for 325m of strike. The average grade of gold from this sampling was
0.73 g/t Au with a best grade of 8.56 g/t Au, proving that the mineralisation
within the vein achieves significant concentrations in places. The vein is
located only 200m south of the Arzu North multiple-parallel vein system, which
has shown potential at surface from rock-saw channel sampling conducted in 2006.


Surface vein textures are characteristic of deposition at shallow crustal
levels, showing development of massive chalcedonic to opaline quartz and rarely
show textures indicative of boiling. This is unusual in comparison to other
veins at the Kiziltepe prospect, which are typically eroded to deeper levels to
expose the boiling level of the epithermal system (boiling is a critical factor
in gold deposition). These data indicate collectively that Vein 4 is one of the
least eroded and therefore most well-preserved vein systems within the Kiziltepe
prospect.


The drilling programme was designed to test the down-dip potential of the vein
system and to identify continuity of the grades encountered at surface. The
results of the drilling programme demonstrate that the vein carries fairly
consistent grades of about 1-2 g/t Au at shallow depths, mirroring the grades
determined by surface sampling. Follow-up drilling to locate the boiling level
within the system and to test the possibility of grade improvement at this level
is deemed essential.

My thoughts: the grades don't look spectacular, but this is near-surface stuff and the report points out that more drilling at depth could very likely produce higher grades. The vein is also fairly wide in comparison with others and therefore the amount of gold and silver in place is still significant.

Ariana's results keep providing encouragement, yet the SP fails to react. Maybe the JORC report will help. Failing that we, could be in for a long wait until production begins :o)

Ariana's SP is suffering a bit at the mo. Mkt cap down to around 3 mil. It's possible that people are selling this to get into STI, given the rise in STI's SP over the same period of time. STI released FY results on 01 March.

Still, we can expect interim results for AAU at the end of the month - could bring about a re-rating.

RNS out today:

Ariana Resources PLC - Directorate Change

RNS Number:0177T
Ariana Resources PLC
15 March 2007


15 March 2007
AIM: AAU

DIRECTORATE CHANGES

CHANGE OF REGISTERED OFFICE


Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration company
focused on Turkey, announces that Steven Poulton, Chief Executive and a director
of Ariana, is to step down with immediate effect from the Company, in order to
develop other opportunities outside Turkey. This decision principally reflects
the shift in emphasis in Ariana's operations from early-stage regional
exploration, towards identifying specific prospects in Turkey for drilling and
resource definition.


As a result of this change in the focus and the subsequent restructuring of the
Board, it is expected that the Company will benefit from a reduction in its UK
overheads without any reduction in its operational capacity.


Kerim Sener, will become head of operations and Michael Spriggs Executive
Chairman. At the same time, the Board is pleased to announce that it has
appointed as part time CFO William Payne, Partner of leading UK accountants
Wilkins Kennedy. William will be responsible for overseeing the financial and
secretarial functions of the Company, supported by the Company's internal
accounts department based in Turkey. The registered office of the Company has
changed to Bridge House, London Bridge, London, SE1 9QR, United Kingdom with
immediate effect.


Steven Poulton commented:

'Ariana has made excellent progress in the last three years. The Company has
established an enviable portfolio of gold properties and a first class team in
Turkey under the excellent stewardship of its exploration director, Kerim Sener.
Recognising that the next phase of the Company's growth will come from our
exploration activities, it is an appropriate time for me to step aside. I expect
Ariana's board will deliver significant shareholder value in the years to come
and I would like to take the opportunity to thank them for the significant
support they have provided.'


Michael Spriggs, Chairman, commented:

'Steven, as one of the founding directors of Ariana in 2002, has played a hugely
important role in the development of our business to date. He led the
negotiations on the acquisitions we have made and played a key part in
assembling the impressive range of prospects that now form the core of the
Company's exploration portfolio in Turkey.


'However, now that the emphasis of this programme has moved towards the detailed
exploration of identified prospects in Turkey with the eventual target of
establishing substantial gold resources, Steven has decided to seek new
challenges. We regret having to accept his resignation, but understand that he
now wishes to apply his significant entrepreneurial energy in new directions. On
behalf of the Board I would like to thank Steven for his considerable
contribution over the years and wish him every success in his future
endeavours.''The restructuring following Steven's departure, and the appointment of William
Payne as CFO, will ensure the smooth continuation of the operational aspects of
the business. This will bring Ariana cost savings and allow us to maintain the
drive towards our target of discovering and establishing a million ounce gold
deposit in our highly prospective areas of operation as efficiently as possible.
The drilling programmes underway continue to generate excellent results and we
look forward to updating shareholders as the results are processed'.


Contacts:

Ariana Resources plc

Michael Spriggs, Chairman Tel: 07887 998 252
kmspriggs@fsmail.net


Bankside Consultants
Michael Padley / Susan Scott Tel: 020 7367 8888


Beaumont Cornish Limited
Roland Cornish Tel: 020 7628 3396


Editors' Note


About Ariana Resources

Ariana is a dynamic exploration company focused on the discovery of epithermal
gold-silver and porphyry copper-gold deposits with multi-million ounce potential
within the Tethyan metallogenic belt of Turkey. The Company has a portfolio of
prospective licences covering 1,755km2, selected on the basis of its advanced
in-house remote sensing database.


The Company's flagship asset is the 235km2 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. A
two rig drilling programme is currently focused on defining gold resources (in
compliance with the JORC code) at the prospects of Kiziltepe and Kepez.


Ambrian Partners Limited and King & Shaxson Capital 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.


Ends

It's encouraging to read that AAU thinks it's on track to establish reserves of 1 million oz. That
ought to do something for the mkt valuation :o)

ST, lets hope so ; )

Another exploration update today:

Ariana Resources PLC - Killick Drilling Results

RNS Number:3809T
Ariana Resources PLC
21 March 2007


21 March 2007
AIM: AAU

POSITIVE DRILLING RESULTS FROM THE KINIK GOLD PROSPECT

Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration company
focused on Turkey, is pleased to announce the results from the first eight drill
holes completed on the Kinik prospect at the Company's 100% owned Ivrindi
Project in Balikesir province, western Turkey.

*Eight drill holes completed along a 750m long gold in soil anomaly
*Intersections of 1.41 g/t Au over 6.2m, 4.17 g/t Au over 1.9m and 4.91 g/
t Au over 1.7m
*Gold grades up to 10.4g/t Au from channel sampling and 7.6g/t in drilling
*Prospect discovered from Ariana's remote-sensing programme

A field team from the Company's Turkish operating subsidiary, Galata Madencilik
San. ve Tic. Ltd. Sti. ('Galata'), have supervised the completion of a (HQ size
63.5 mm) diamond-core drilling programme on the Kinik prospect. The drilling
programme was designed to test the channel sampled area and the anomaly defined
by a soil geochemical grid reported on earlier. The eight holes reported in this
release total 423.30m and were drilled to depths of between 35 and 81 meters and
angled between 50 and 75 degrees along a 750 metres section of the gold in soil
anomaly. Drill hole collars were located 40-50 metres apart.

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

Kerim Sener, Managing Director, commented:

'We are encouraged by the results of this initial drilling programme on the
Kinik prospect which has confirmed the depth continuity of the mineralisation
identified from the surface. The geological setting of the prospect, the unusual
style of mineralisation encountered and the new data obtained from drill
testing, suggests that additional drilling at this locality is warranted. Our
target will be the definition of a near surface, bulk tonnage and low grade gold
resource. We are now in the process of securing an RC-drilling rig for this
purpose and we plan to restart work at this prospect during the summer of 2007.
This is another very encouraging result from our initial exploration programme
and gives us additional confidence in our target identification procedures.

'We are in the process of preparing our first resource statement and we expect
to be in a position to announce this in the next quarter.'

Table 1: Drill hole intersection data from the Kinik prospect drilling
programme:

Hole From To Recovery Apparent Gold (Au
(m) (m) (%) Width (m) g/t)

KNK-D01-06 10.80 11.80 76 1.00 0.76
KNK-D02-06 4.60 5.60 96 1.00 1.01
28.90 35.10 95 6.20 1.41
KNK-D03-06 8.50 9.40 98 0.90 1.03
11.00 12.90 95 1.90 4.17
27.60 30.80 98 3.20 1.51
32.40 33.90 97 1.50 1.88
34.60 36.50 100 1.90 0.61
KNK-D04-06 25.20 27.30 90 2.10 0.86
KNK-D05-07 10.20 11.20 97 1.00 1.62
13.00 15.00 98 2.00 2.97
27.40 28.40 97 1.00 0.58
KNK-D06-07 Mineralised but values are below cut-off
KNK-D07-07
KNK-D08-07 44.00 45.70 100 1.70 4.91
Notes:

No top cut has been applied to assay results
Intersections based on a 0.5 g/t cut off grade
Weighted averages have been calculated for core recovery and gold
grades

The resource is apparently low-grade, but once again, gold is present and offers proof of the remote-sensing concept.

DYOR.

And by the way, JORC apparently due in Q2.

'We are in the process of preparing our first resource statement and we expect
to be in a position to announce this in the next quarter.'

you beat me to it !!! :) ST you see the SUB SEA Thread some news if your still in it !!

Down this morning on turnover of 131,000. AAU Bid: 6.5p Offer: 7.5p Change: -1.75

What on earth is wrong with this stock? Mkt cap 3 mil and dropping . . . .

Has to be in bargain territory at the moment, but what what it take to lift it again?