Results from JV properties

30 November 2010
AIM / PLUS Markets: AAU

                      EXCELLENT RESULTS FROM JV PROPERTIES

Ariana  Resources  plc  ("Ariana"  or  "the  Company"), the gold exploration and
development  company focused  on Turkey,  is pleased  to announce the results of
exploration  on certain projects held in  joint venture with European Goldfields
Limited ("European Goldfields").

Highlights:

  * Drilling on Salinbas provides intercepts including 21.5m at 6.63 g/t Au, and
    42.7m at 2.78 g/t Au.


  * Drilling  on Ardala provides intercepts including 134m at 0.19% Cu and 0.21
    g/t Au, and 189.5m at 0.17 g/t Au and 0.24% Cu.


  * Drilling  programmes have been extended  and further exploration is yielding
    encouraging results.



Dr. Kerim Sener, Managing Director, commented:

"We  are very excited to report the  results of the exploration being undertaken
on  our JV properties in northeastern  Turkey.  The European Goldfields team has
been doing a tremendous job in understanding the nature of the mineralisation at
Ardala  and Salinbas.   This has  helped guide  the latest  round of exploration
drilling  across the projects and has led to the identification of zones of wide
and  high-grade  mineralisation  at  Salinbas  and  also  to  the discovery of a
mineralised  extension  of  the  Ardala  porphyry  beneath cover.  These results
provide  confidence in the mineral potential of the Artvin area and is testament
to our targeting and project identification capability in Turkey."

Details of Exploration Programmes

Work to date has focused on three targets: the Salinbas gold zone and the Ardala
porphyry  within the Ariana  joint venture and  the Derinkoy gold  target in the
Aldridge  Minerals joint  venture.  Regional  sampling aimed  at selecting other
targets for licence applications has also continued across the Pontides region.

Salinbas

Last  year, Ariana and European Goldfields  jointly announced the discovery of a
new  high-grade gold  epithermal discovery,  named Salinbas.   Mineralisation is
associated with a series of breccia pipes occurring along a structural corridor,
which  is  interpreted  to  relate  to  the  Ardala  porphyry  located about two
kilometres away.  The discovery was revealed in a series of trenches in 2009 and
further  trenching to extend existing trenches and excavate new ones was carried
out  in 2010 (Table 1).  The trenches define  mineralisation over a total strike
length  of about 300 metres,  open in towards  the east in  the direction of the
Ardala porphyry. Follow-up drilling on the trenching has been completed in 2010
(Table 2).

Table  1: Trench results in  bedrock on the  Salibas prospect.  Results reported
for intercepts >1g/t Au using a 0.5 g/t Au lower cut, no upper cut and up to 10
metres of waste material allowed.

+-----------+--------+--------+--------+
| Trench ID | Meters | Au g/t | Ag g/t |
+-----------+--------+--------+--------+
|    ST1    |   32   |  5.43  |  7.8   |
+-----------+--------+--------+--------+
|    ST2    |   20   |  1.16  |  3.7   |
+-----------+--------+--------+--------+
|    ST3    |   46   |  8.33  |  39.0  |
+-----------+--------+--------+--------+
|    ST9    |   4    |  1.52  |  1.5   |
+-----------+--------+--------+--------+
|   ST10    |   16   |  1.33  |  5.3   |
+-----------+--------+--------+--------+
|   ST10    |   1    |  1.85  |  4.3   |
+-----------+--------+--------+--------+
|   ST11    |   5    |  2.53  |  18.3  |
+-----------+--------+--------+--------+
|   ST11    |   55   |  7.80  |  9.2   |
+-----------+--------+--------+--------+
|   ST12    |   28   |  1.77  |  4.0   |
+-----------+--------+--------+--------+
|   ST12    |   8    |  8.38  |  13.8  |
+-----------+--------+--------+--------+
|   ST13    |   38   |  3.67  |  12.1  |
+-----------+--------+--------+--------+
|   ST14    |   31   |  1.56  |  9.4   |
+-----------+--------+--------+--------+
|   ST15    |   27   |  1.96  |  10.6  |
+-----------+--------+--------+--------+
|   ST20    |  13.3  |  1.20  |  1.3   |
+-----------+--------+--------+--------+


Table 2: Drilling results on the Salinbas prospect reported for intercepts >1g/t
Au  using a  0.5 g/t Au  lower cut,  no upper  cut and  up to  6 metres of waste
material allowed

+-----------+---------------+--------+--------+--------+
| Drillhole |     Depth     | Meters | Au g/t | Ag g/t |
+-----------+---------------+--------+--------+--------+
|  SALH007  |   0.5 - 22    |  21.5  |  6.63  |  19.8  |
+-----------+---------------+--------+--------+--------+
|  SALH008  |   9.8 - 28    |  18.2  |  4.08  |  29.2  |
+-----------+---------------+--------+--------+--------+
| SALH008   |   34.7 - 35   |  0.3   |  2.25  |  26.6  |
+-----------+---------------+--------+--------+--------+
| SALH008   |  48.8 - 49.4  |  0.6   |  2.84  |  10.2  |
+-----------+---------------+--------+--------+--------+
|  SALH009  |  14.8 - 26.9  |  12.1  |  5.66  |  14.5  |
+-----------+---------------+--------+--------+--------+
|  SALH011  |     0 - 4     |   4    |  1.45  |  2.45  |
+-----------+---------------+--------+--------+--------+
|           |   6 - 48.7    |  42.7  |  2.78  |  13.4  |
|  SALH012  +---------------+--------+--------+--------+
|           | incl. 23 - 35 |   12   |  6.78  |  36.5  |
|           +---------------+--------+--------+--------+
| SALH013   |   124 - 125   |   1    |  1.02  |  7.23  |
+-----------+---------------+--------+--------+--------+
| SALH014   |   0 - 23.8    |  23.8  |  2.67  |  14.1  |
+-----------+---------------+--------+--------+--------+

Ardala Porphyry

Mapping  and  sampling  of  the  Ardala  porphyry  in  2009 indicated  that  the
mineralisation  continues under shallow limestone cover  to the south of outcrop
previously  explored in the early 1990's. Drill testing of this area in 2010 has
confirmed  this geological model and provided encouraging intercepts (Table 3).
 Further  drilling  is  planned  in  order  to  establish the full extent of the
porphyry extension.






Table  3: Drilling results for the Ardala porphyry reported for intercepts using
a  0.1 g/t Au  lower cut,  no upper  cut and  up to  6 metres of  waste material
allowed

+-----------+-----------+--------+--------+------+
| Drillhole |   Depth   | Meters | Au g/t | Cu % |
+-----------+-----------+--------+--------+------+
|  ARDH006  | 32 - 166  |  134   |  0.21  | 0.19 |
+-----------+-----------+--------+--------+------+
|  ARDH007  | 0.5 - 194 | 189.5  |  0.17  | 0.24 |
+-----------+-----------+--------+--------+------+

Derinkoy

Two  epithermal gold targets  identified by soil  geochemistry were selected for
drill  testing.  Drilling has commenced on one of these and results are expected
over the next two months.

Regional

Work across the Eastern Pontides region continues and targets have been selected
for licence selection once the next round of licence auctions commences in early
2011.

Contacts:

 Ariana Resources plc                     Tel: [phone]

 Michael Spriggs, Chairman

 Kerim Sener, Managing Director



 Beaumont Cornish Limited                 Tel: [phone]

 Roland Cornish



 Alexander David Securities Limited       Tel: [phone]

 Nick Bealer / David Scott



 Loeb Aron & Company Ltd                  Tel: [phone]

 Jonathan Willis-Richards / Frank Lucas



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 exploring 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 a
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, at which point Ariana will retain 20% of the Ardala property
and 10% of the Salinbas property.

The  Company's flagship assets are its  Sindirgi and Tavsan gold projects.  Both
projects  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.

Loeb  Aron  &  Company  Ltd.  and  Alexander  David Securities 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
atwww.arianaresources.com.

Ends




[HUG#1466784]








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