Business update

Ariana Resources PLC
10 November 2005





10 November 2005
AIM: AAU

       ARIANA INTERSECTS HIGH GRADES AT KIZILTEPE GOLD PROSPECT IN TURKEY

Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration company
focused exclusively on Turkey, announces that it has received and compiled
results from its initial channel sampling programme, principally undertaken on
the 'Arzu South' vein, at the Kiziltepe gold prospect in Balikesir province,
western Turkey.

  * Best channel intersect of 6.29 g/t Au over 13.5m true thickness
  * Over 300m of channel sampling completed along 1,195m of strike
  * New veins discovered from surface mapping

Channel sampling on the Arzu South vein was designed to verify the gold grades
and widths at surface as indicated by historical drill data. Elsewhere the
programme is being applied to test the grade and geometry of other, less well
exposed veins. Approximately 150m of trenching has been completed in order to
expose veins in areas of shallow cover.

Since September, two field teams from the Company's Turkish operating
subsidiary, Galata Madencilik San. ve Tic. Ltd. Sti. ('Galata'), have completed
108 rock saw channels, of between 1 and 13.5m in length and mostly at 12.5m
intervals, along 1,195m of vein strike. On Arzu South vein 38 channels have been
completed to date along approximately 400m of strike. The vein was located and
significant mineralisation encountered in all but eight channels. Eight further
channels terminated in vein or stockwork material grading above 0.5 g/t Au.
Selected intersections from the Arzu South vein are presented in Table 1 below.

To date 300 samples have been collected and sent for assay. Of these, 121
samples have returned grades of less than 0.5 g/t Au (40.5% of the total), 46
samples between 0.5-1 g/t Au (15.5% of total), 108 between 1-5 g/t Au (36% of
total) and 25 samples above 5 g/t Au (8% of total), with a peak grade of 17.1 
g/t Au.

Steven Poulton, Chief Executive, commented:
'We are encouraged by the results from the channel sampling programme on the
Arzu South vein, where gold mineralisation has consistently been intersected
along strike. We believe that the discovery of a zone grading up to 6.29 g/t
over 13.5m provides powerful evidence of the potential of the Arzu South vein
and of the wider Kiziltepe prospect in general'.

Table 1: Selected intersections from the Arzu South vein channel sampling
programme:

Line         Intersection        Intersection   Notes
Number          Width (m)         Grade (g/t)

AS2                   1.8                8.12
AS3                   4.8                4.05
AS4                   0.5                3.08
AS5                  13.5                6.29   Channel ends in grade >0.5g/t at
                                                both ends
AS6                   4.0                5.42
AS7                   6.8                3.43   Channel ends in grade >0.5g/t at
                                                both ends
AS8                   4.5                4.24
AS9                   5.8                1.79
AS10                  1.7                4.67
AS11                  2.5                2.11
AS12                  1.0                2.49
AS15                  2.0                2.44
AS16                  1.5                2.76   Channel ends in grade >0.5g/t at
                                                both ends
AS20                  2.5                3.39   Channel ends in grade >0.5g/t at
                                                both ends
AS21                  4.0                2.32   Channel ends in grade >0.5g/t at
                                                both ends
AS23                  2.6                3.47   Channel ends in grade >0.5g/t at
                                                both ends
AS24                  2.0                2.37   Channel ends in grade >0.5g/t at
                                                both ends
AS25                  1.0                9.95
AS29                  3.0                2.13   Channel ends in grade >0.5g/t at
                                                both ends
AS30                  1.0                4.92
AS31                  3.9                2.92
AS33                  3.0                1.47
AS34                  2.0                1.21
AS34b                 2.0                1.19
AS37                  1.0                2.08

Notes:
No top cut has been applied to assay results.
Intersection calculation based on a 0.5 g/t cut off grade.

Additional surface mapping in the Arzu North vein area has identified new areas
of quartz veining and associated alteration. This includes the 'Aybor' vein
which has been traced for approximately 100m before being obscured by ignimbrite
cover rocks. The Aybor vein is located directly along strike from the Arzu South
vein and has returned a peak grade of 2.5 g/t Au from four initial samples
collected to date.

Ahead of commencing the channel sampling programme, Galata obtained all
necessary environmental approvals from the provincial government in Balikesir.

Contacts:
Ariana Resources plc
Steven Poulton, Chief Executive                 Tel: [phone]
[e-mail]                 Mobile: [phone]

Bankside Consultants
Michael Padley / Susan Scott                    Tel: [phone]

Editors' note:

About Kiziltepe
The Kiziltepe prospect is located within a ten-year renewable operating licence
that forms part of the Company's 100% owned 235km2 Sindirgi gold project in
Balikesir Province, western Turkey. Kiziltepe lies approximately 100km east of
the one million ounce vein-hosted Ovacik gold mine and 115km northwest of the
five million ounce Kisladag gold deposit.

The prospect hosts over 19km in strike length of gold-silver bearing
low-sulphidation epithermal quartz veins across an area of at least 3km by 1km.
Individual veins are exposed for up to 700m and widths vary between 1m and 14m.
The main veins trend NW, dip to the northeast and are hosted within Miocene age
andesitic volcanic rocks.

The majority of exploration work to date has focused on the Arzu vein, where
results from drilling by previous owners include intersections of 7.23 g/t over
10m and 10.55 g/t over 7.5m. Newmont Mining Corporation (NYSE & ASX: NEM; TSX:
NMC) retains the right to a royalty of up to 2.5% on future gold production from
Kiziltepe.

Sampling and Assaying Procedures
All samples have been prepared by the ALS Chemex preparation facility in Izmir
and assayed by fire assay at the ALS Chemex laboratory in Vancouver. Re-assaying
of all samples assaying greater than 10 g/t gold has also been completed by ALS
Chemex. Regular standard, blank and duplicate samples are being used in the
sample sequence in line with the Company's quality control procedures.

Dr Kerim Sener, BSc (Hons), MSc, PhD, is Ariana's Exploration Director and is a
Fellow of The Geological Society of London. He is a graduate of the University
of Southampton in Geology, 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 has worked in geological research and
mineral consultancy in Southern Africa and the Northern Territory of Australia.
He has read and approved the technical disclosure in this regulatory
announcement.

About Ariana Resources
Ariana is a technology-driven exploration company focused on the potential
discovery of multi-million ounce epithermal gold-silver and porphyry copper-gold
deposits within the Tethyan metallogenic belt of Turkey. The Company has a
portfolio of prospective licences covering over 1,000km2, selected on the basis
of its advanced in-house remote sensing database. Ariana's broker is Ambrian
Partners Limited and Beaumont Cornish Limited is nominated adviser.

For further information on Ariana you are invited to visit the Company's website
at www.arianaresources.com.

Ends



                      This information is provided by RNS
            The company news service from the London Stock Exchange