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IN BRIEF: Ariana Resources expands exploration footprint in Kosovo

ALN

Ariana Resources PLC - gold producer in Turkey and explorer Kosovo and Cyprus - Says 75%-owned Western Tethyan Resources Ltd is granted a further exploration license in Kosovo. The new Hertica license covers 58 square kilometres in north east Kosovo. It is prospective for copper and gold. Notes that Western Tethyan Resources has three other license applications in Kosovo awaiting approval by the Independent Commission for Mines & Minerals.

Current stock price: 2.96 pence, down 4.4% on Tuesday in London

12-month change: down 39%

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