New Gold Zone Discovery

Ariana Resources PLC 27 April 2006 27 April 2006 AIM: AAU KEPEZ: NEW GOLD ZONE DISCOVERY Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration company focused exclusively on Turkey, announces the discovery of a significant zone of high grade (up to 9.7 g/t) gold mineralisation at its Kepez prospect within Ariana's 100% owned Sindirgi project in western Turkey. Kepez is one of five identified prospects within the 224 km2 licence area. Highlights: •New gold-bearing silicified zones up to 50m wide discovered at the Kepez prospect •Peak rock-chip grades of 9.77 g/t Au and 68.1 g/t Ag •Peak rock-chip grades in a newly identified stockwork zone of 9.73 g/t and 3.56 g/t Au New Gold Zone, Kepez Prospect In April 2006, a field team from Ariana's Turkish operating subsidiary, Galata Madencilik San. ve Tic. Ltd. Sti. ('Galata') completed a programme of reconnaissance rock-chip sampling and mapping over the Umurlar target within the Kepez prospect area. Kepez hosts over 2.5km of mapped quartz veins including the Karakaya Vein, approximately 1.5km south of Umurlar, where the Company recently announced (February 2006) significant channel sample intersections, including 8.68 g/t Au over 16m. Rock-chip samples were collected from three silicified bodies (quartz stockworks, breccias and veins) outcropping at surface for up to 150 metres in length, discontinuously along a total strike length of 1km and within a zone up to 50m wide. Sampling has defined the presence of gold and silver mineralisation at Umurlar, with peak grades of 9.77 g/t Au from a previously mapped area and 9.73 g/t Au (including 68.1 g/t Ag) as well as 3.56 g/t Au from a newly identified quartz stockwork zone. The silicified nature of these areas indicate formation at a high level in the hydrothermal system and the results highlight further potential at depth, where grades may be expected to increase. Mapping and systematic surface sampling will be undertaken to define targets for future drill testing. We have recently announced the discovery of a major gold zone within the Kiziltepe prospect, which is one of five identified to date within the Sindirgi project area. Steven Poulton, Chief Executive, commented: 'This is the second major announcement within a week. Our team working at Kiziltepe have confirmed a significant new gold zone and we now have the return of consistent good grades over these silicified bodies at Umurlar within the Kepez prospect, which is very encouraging. With over 45km of gold-silver bearing epithermal quartz veins from only 50% of the 224 km2 Sindirgi project area, and with new zones constantly being located, Ariana's strategy has been to define multiple priority drill targets for resource definition. Our systematic approach is paying dividends as the considerable potential for the project area becomes increasingly clear'. Contacts: Ariana Resources plc Steven Poulton, Chief Executive Tel: 01235 511 767 s.j.poulton@arianaresources.cominfo@arianaresources.com Mobile: 0797 408 6712 Bankside Consultants Michael Padley / Susan Scott Tel: 020 7367 8888 Editors note: About the Sindirgi Gold Project The Sindirgi gold project covers an area of 224 km2 in Balikesir Province, western Turkey. To date at least five target areas have been defined by Ariana, which include the prospects of Kiziltepe, Kepez, Karaduz, Kavakliduz and Kizilcukur. Previous operators have defined over 45km of low sulphidation quartz veins on the project. Sindirgi lies approximately 100km east of the one million ounce vein-hosted Ovacik gold mine and 115km northwest of the five million ounce Kisladag gold mine. Ariana acquired the Sindirgi gold project from Newmont Mining Corporation (NYSE & ASX: NEM; TSX: NMC) in March 2005. Newmont retains the right to a royalty of up to 2.5% on future gold production from the Sindirgi gold project. About the Kepez Prospect The Kepez prospect lies within a 36km2 ten-year renewable operating licence within the Sindirgi gold project which also contains the Kiziltepe prospect. Kepez hosts over 2.5km in strike length of gold-silver bearing low-sulphidation epithermal quartz veins, across an area of at least 2km by 1km. Individual veins are exposed for up to 850m and widths vary between 1m and 25m. The main vein trends northward, dips to the west at 50 degrees and is hosted along the contact between Miocene age andesitic volcanic rocks and Cretaceous ophiolitic units. Channel sampling by Ariana (previously reported in February 2006) returned a best intersect of 8.68 g/t Au over 16m. Sampling and Assaying Procedures The Umurlar programme at Kepez consisted of the collection of 28 reconnaissance rock chip samples. Of these 19 samples returned grades less than 0.5 g/t Au (67% of the total), 3 samples between 0.5-1 g/t Au (11% of total), 3 between 1-5 g/t Au (11% of total) and 3 samples assayed above 5 g/t Au (11% of total), with a peak grade of 9.77 g/t Au. 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. Regular standard and blank 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. 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 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 discovery of multi-million ounce potential epithermal gold-silver and porphyry copper-gold deposits within the Tethyan metallogenic belt of Turkey. The Company has a portfolio of prospective licences covering approximately 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 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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