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Mariana Resources Ltd (MARL)

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Wednesday 04 April, 2012

Mariana Resources Ltd

Mariana Resources Ltd : Increase in Director's...

Mariana Resources Ltd : Increase in Director's Shareholding

MARIANA RESOURCES LIMITED
Incorporated in Guernsey registered number 44276.

AIM and PLUS code: MARL
TSX: MRY
4th. April 2012
Head Office:
Level 5, 22 Atchison Street
St. Leonards, NSW, 2065
Australia
Canadian Address:
 PO Box 11584
 1410 - 650 West Georgia Street
 Vancouver, BC V6B 4N8

Increase in Director's shareholding

Executive Chairman John Horsburgh purchased 500,000 shares in Mariana Resources Limited at a cost of 7.25 pence per share plus transaction costs on 3rd. April 2012.  The shares were purchased on-market and will be registered in the account of J.M. Finn Nominees Ltd.  The purchase takes his holding in Mariana Resources Ltd to 3,987,502 shares, representing 1.73% of the Company's issued shares.

**ENDS**
NEITHER THE TSX NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

For further information please visit website at www.marianaresources.com or contact the following.

In Australia:
John Horsburgh (Chairman)Mariana Resources Ltd+61 2 94374588
Glen Parsons (CFO)Mariana Resources Ltd+612 94374588
Rob AdamsonRFC Corporate Finance Limited (Nomad)+61 2 9250 0041
Will SouterRFC Corporate Finance Limited (Nomad)+61 2 9250 0050
In U.K.
Jonathan EvansFox Davies Capital ( Co UK Broker)+44 20 3463 5000
Felicity EdwardsSt Brides Media and Finance Ltd (PR)+44 20 7236 1177
Klara KaczmarekAmbrian Partners+44 20 7634 4725
In Canada:
Kathryn WitterMariana Resources Ltd (Vancouver Office)+1 604 669 9336
Arash ShahiRenmark Financial Communications (PR)+1 514 939 3989

About Mariana Resources
Mariana Resources Ltd is an AIM and TSX quoted exploration and development company with an extensive portfolio of gold, silver and copper projects in Argentina and Chile.  In southern Argentina, in addition to the advanced Las Calandrias gold-silver project, the Company has the Sierra Blanca silver-gold project (100%); the Los Amigos joint venture (49%) with Hochschild Mining and staked a 215,000 Ha land package (100%) .  All of these projects are located in the Deseado Massif epithermal gold-silver district in mining-friendly Santa Cruz province of southern Argentina, which hosts four mines and several advanced projects. In Chile, Mariana has a joint venture with US based international mining and natural resources company Cliffs Natural Resources Inc., to explore for iron oxide-copper-gold deposits ('IOCG') in a 92,000 km² area ("SCM Mariana Area") in north-central Chile along the highly prospective Atacama Fault Zone.  The SCM Mariana Area includes the 44km² Buenaventura and 46km² Perro Chico IOCG projects.  Mariana is also evaluating a number of gold-silver and copper-gold opportunities independent of and outside the Cliffs JV area.




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Source: Mariana Resources Ltd via Thomson Reuters ONE

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