Drilling to Commence

Ariana Resources PLC 05 September 2007 5 September 2007 AIM / PLUS Markets: AAU ARIANA RESOURCES plc DRILLING TO COMMENCE AT KIZILTEPE PROSPECT Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration company focused on Turkey, is pleased to announce the commencement of a 6,000m Reverse Circulation drilling programme at its three advanced projects in western Turkey. The Kiziltepe prospect, within the Company's 100% owned Sindirgi gold project, will be the primary focus of this drilling programme. • Phase Two resource definition drilling at Kiziltepe to commence next week • Objective to upgrade and increase the existing 135,000 oz gold-silver resource • Drill-rig mobilised and drilling commenced at the Ivrindi Project (Kinik prospect) Dr. Kerim Sener, Managing Director, commented: 'The additional drilling on our advanced projects and particularly at the Kiziltepe prospect is an important advance for the Company. The drilling at Kiziltepe is designed to add resources from several veins that are not included in the existing resource, and to upgrade the resource at Arzu South.' 'Our decision to focus on the Kiziltepe prospect is based on the encouraging, though small, initial resource defined by our 2006 drilling programme which identified 135,000 oz gold equivalent on only 5% of the veins at the prospect. Positive metallurgical results received in August have further enhanced our confidence in the economic potential of the prospect.' 'Approximately 4,000m of drilling will be focussed on veins in proximity to Arzu South, with the principal objectives of increasing the resource, and of providing the basis for a scoping study of the economics of a small, multi-pit operation at Kiziltepe.' About the Kiziltepe Prospect The Kiziltepe prospect lies within a 36 km2 ten-year renewable operating licence which forms part of the Company's 100% owned 235 km2 Sindirgi gold project in Balikesir Province, western Turkey. The project area lies approximately 100km east of the one million ounce Ovacik gold mine and 115km northwest of the five million ounce Kisladag gold mine. Kiziltepe hosts at least 20km 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 750m and widths vary between 1m and 14m. The main veins trend NW, dip to the northeast and are hosted within Miocene age dacitic volcanic rocks. The majority of exploration work to date at Kiziltepe has focused on the Arzu vein system, which represents approximately 5% of the mapped veins on the prospect. Previous intersections on Arzu include 7.5 g/t Au over 10.5m and 13.1 g/t Au over 6.6m. Independent technical consultants SRK (UK) Limited have prepared a JORC-compliant mineral resource estimate of 135,000 ounces gold equivalent on the Arzu vein, based on cut-off grade of 3 g/t Au and a modelled depth limit of approximately 125m (see News Release dated 10/05/06). The calculated grade of the mineralisation on Arzu is about 6 g/t of gold and 2 g/t of gold equivalent of silver. Ariana acquired the Kiziltepe prospect as part of the Sindirgi Gold Project from Newmont Altin Madencilik Limited Sirketi, a subsidiary of Newmont Mining Corporation (NYSE & ASX: NEM; TSX: NMC) ('Newmont') in January 2005. Newmont retains a Net Smelter Return royalty of up to 2.5% on future gold production from the Sindirgi Project. Drilling Programme Approximately 40 drill holes are planned at the Kiziltepe prospect to depths of up to 200m. The programme has been designed to test systematically seven gold-silver bearing epithermal quartz veins, namely, Arzu South, Arzu North, Arzu Far North, Ceylan, Banu, Vein 2 and Vein 4. The objective of the current programme is to upgrade the initial JORC resource (135,000 oz gold equivalent) for the Arzu vein system and to demonstrate the resource potential on other veins. The drilling program will be managed by Ariana's exploration team under the supervision of Mr. Muhannad Arar (Advanced Projects Manager). Drilling on the Kiziltepe prospect is expected to be completed by November 2007, although some flexibility has been built in to the programme to allow for rapid follow-up. Sampling and Assaying Procedures The samples will be transported to the Company's storage facility in the local town of Sindirgi. Split samples are prepared and sent to the ALS Chemex preparation facility in Izmir and assayed by 30g fire assay at the ALS Chemex laboratory in Romania. Standard, blank and duplicate samples were used in the sample batches in line with the Company's quality control procedures. Contacts: Ariana Resources plc Michael Spriggs, Chairman Kerim Sener, Managing Director Tel: 0207 407 3616 Beaumont Cornish Limited Roland Cornish Tel: 0207 628 3396 Bankside Consultants Michael Padley / Louise Davis Tel: 0207 367 8888 Editors' note: About Ariana Resources Ariana is a dynamic exploration company focused on the discovery and development 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 1,820km2, 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. City Capital Corporation 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 This information is provided by RNS The company news service from the London Stock Exchange
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