Additional Vein System Discovered at Kiziltepe

22 August 2011
AIM / PLUS Markets: AAU


                 ADDITIONAL VEIN SYSTEM DISCOVERED AT KIZILTEPE

Ariana  Resources  plc  ("Ariana"  or  "the  Company"), the gold exploration and
development company focused on Turkey, is pleased to announce the discovery of a
new  buried gold-silver vein system, the Hande  Vein, at the Kiziltepe target of
its Red Rabbit Gold Project in western Turkey.

Highlights:

              * High-grades  of  up  to  7.74 g/t  Au equivalent demonstrated at
                Hande  Vein, with a possible  extension towards the planned Banu
                pit


              * Continuity of grade identified along the strike length of 950m


              * Discovery  of Hande Vein follows  recent discovery of Gamze Vein
                at  Kiziltepe  -  underpins  high  prospectivity  of  Red Rabbit
                Project area where production is targeted for Q4 2012


              * Structural  trend of Hande and  Banu Veins, like the Fidan/Gamze
                system,  is parallel and  proximal to the  Arzu North/Arzu South
                structure - drilling on these structures has been prioritised


              * Drilling programme scheduled to commence during September



Dr. Kerim Sener, Managing Director, commented:

"The  identification of  an additional  high grade  vein system at the Kiziltepe
deposit further underpins the high prospectivity of the Red Rabbit Project area,
and  demonstrates  the  potential  for  increases  to our current JORC compliant
resource of 448,000oz Au equivalent.  These new vein discoveries represent a key
development  in the  evolution of  the Red  Rabbit Project, as we simultaneously
advance towards production in 2012 and conduct exploration activities across the
project  area to  feed into  the current  resource, extending  the mine life and
further improving the economic fundamentals of the project.

"In  addition  to  these  new  discoveries  at Kiziltepe, our recently completed
geophysical  programmes at the satellite prospects  of Kepez West, Karakavak and
Kizilcukur have also identified numerous chargeability and resistivity anomalies
which  have been identified as high priority drill targets ahead of our drilling
campaign  which will commence in September. It is anticipated that this drilling
programme will determine the resource potential of these additional target areas
contained  within the wider  Red Rabbit project  area.  These target areas could
then  be rapidly  advanced in  tandem with  production from  Kiziltepe, creating
multiple mining areas and a consistent production profile over several years."


Details of Sampling Programme

Since  the discovery of  the Gamze Vein  in May 2011, the  Company has continued
surface sampling along multiple geophysical targets at the Kiziltepe deposit.

A  field team  from Ariana's  subsidiary, Galata  Madencilik San.  ve Tic. Ltd.,
recently  completed a follow-up  float and rock-chip  sampling programme over an
area  covering  the  newly  named  Hande  Vein (Figure 1).  This was designed to
confirm  the distribution  of near  surface mineralisation  and to determine the
relationship  of  this  structure  to  the  Banu  Vein,  which  outcrops  to the
southeast.

At  the  Hande  Vein,  sampling  was  undertaken  with  the intention to map the
partially  buried  vein  through  float  sampling  and  a  combination  of  soil
geochemistry  and  geophysical  evidence.   Samples  were  taken every 20m along
strike  where vein material  was present and,  at each sample location, randomly
selected  float and subcrop samples were collected as composites from a circular
area of 10m radius around the sample point.  This ensured that the vein area was
comprehensively sampled with minimum bias.

High  grades were  obtained on  the Hande  Vein, with  a maximum  of 7.74 g/t Au
equivalent,   and  the  overall  average  being  1.47 g/t  Au  equivalent.   The
continuity  of grade identified along the  strike length of this vein, totalling
950m, identify  this area as an important  target for future exploration.  Field
and  geophysical  evidence  suggest  that  the  Hande  and Banu vein systems are
connected  within the  same mineralised  structure.  Consequently  there is some
potential  to  expand  the  planned  Banu  pit  to the north-west, following new
exploratory drilling.

The  structural trend  of Hande/Banu  veins, like  Fidan/Gamze, is  parallel and
proximal  to the  Arzu North/Arzu  South structure.   These observations provide
further confidence in the potential for a buried vein interconnecting Arzu South
and  Arzu  North,  beneath  cap  rocks  of  rhyodacitic  ignimbrite.   The  zone
connecting  these  two  vein  systems  has  also been identified as an important
drilling target.

Figure  1: Map of the  surface sampling completed  on the Hande  Vein.  Note the
trend of the Gamze/Fidan veins and the zone situated between Arzu North and Arzu
South, which has been scheduled for drill testing.

Sampling and Assaying Procedures

The  Hande Vein sampling  programme consisted of  the collection of 32 composite
float and rock-chip samples of quartz vein material.  Due to the lack of visible
outcrop,  the samples were a composite  of subcrop and float material.  However,
the linear distribution and density of quartz vein float, combined with the soil
geochemical and geophysical evidence, enable these samples to be attributed to a
single coherent vein system.

Of the 32 samples collected, two returned grades less than 0.1 g/t Au equivalent
(6.25%  of total); 14 samples assayed between 0.10-1.0 g/t Au equivalent (43.75%
of  total), 12 samples between 1.0-2.5 g/t Au equivalent (37.5% of total) and 4
samples  between 2.5 and  7.74 g/t Au  equivalent (12.5%  of total), with a peak
grade of 7.74 g/t Au equivalent.

All  samples were prepared by  the ALS Chemex preparation  facility in Izmir and
assayed  by 30g fire assay at the ALS Chemex laboratory in Romania.  Routine re-
assaying  of all samples assaying greater than 10 g/t Au has also been completed
by  ALS Chemex.  Regular standard and blank samples are being used in the sample
sequence in line with the Company's quality control procedures.

Contacts:

 Ariana Resources plc              Tel: [phone]

 Michael Spriggs, Chairman

 Kerim Sener, Managing Director



 Beaumont Cornish Limited          Tel: [phone]

 Roland Cornish / Felicity Geidt



 Fairfax I.S. PLC                  Tel: [phone]

 Ewan Leggat / Laura Littley



 St Brides Media & Finance Ltd     Tel: [phone]

 Hugo de Salis / Susie Geliher





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 developing 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.
 European  Goldfields owns  51% of this  joint venture  and, as the operator, is
fully  funding all  exploration work  on the  JV properties  until delivery of a
feasibility study.

The  Company's flagship assets  are its Sindirgi  and Tavsan gold projects which
form  the Red Rabbit Gold  Project.  Both 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 and now form
part  of  a  Joint  Venture  with  Proccea  Construction Co.  The total resource
inventory of the Company stands at 448,000 ounces of gold equivalent.

Ariana   also   has   a   strategic   investment  in  Tigris  Resources  Limited
(www.tigrisresources.com),  a private Jersey-based exploration company, which is
focused  on the exploration of copper  and gold deposits in southeastern Turkey.
 Ariana retains 15% of Tigris Resources Limited.

Fairfax  I.S. PLC are 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
atwww.arianaresources.com.


Glossary of Technical Terms

"Au" the chemical symbol for gold;

"Au  equivalent" sum of the  gold grade and the  gold equivalent grade of silver
utilising a price ratio of 1:55, based on historic gold/silver prices;

"float"  loose fragments  of rock  visible on  surface, that  may represent sub-
surface in-situ rock;

"g/t" grammes per tonne;

"geophysics" remote sensing exploration methods, in this case IP and resistivity
measurements

"induced polarisation/IP" geophysical imaging technique to measure chargeability
of sub-surface rock

"m"Metres;

"outcrop" in-situ rock visible at surface;

"oz" Ounces;

"resistivity"  pertains to  geophysical surveys  that measure  variations in the
electrical  resistivity of the ground by applying small electric currents across
arrays of ground electrodes

"rock-chip" sample taken from in-situ rock on surface;

"stockwork"  a  mineral  deposit  in  the  form  of a branching network of small
irregular veins;

"subcrop' blocks of rock that are unlikely to have moved far from their original
in-situ position;

"vein" refers in this case to epithermal, gold-silver bearing quartz veins;


Ends




Figure 1: Map of the surface sampling completed on the Hande Vein: 


http://hugin.info/138153/R/1539892/470666.JPG




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Source: Ariana Resources plc via Thomson Reuters ONE

[HUG#1539892]