Revised JORC Resource at Kiziltepe

31 July 2008
AIM / PLUS Markets: AAU


                JORC RESOURCES INCREASED AT KIZILTEPE

Ariana  Resources  plc   ("Ariana"  or  "the   Company"),  the   gold
exploration and development company focused on Turkey, is pleased  to
announce  a  further  increase  to  its  resource  estimate  for  the
Company's Kiziltepe gold prospect,  at its flagship Sindirgi  Project
in Balikesir  Province,  western  Turkey.   The  total  resource  has
increased to approximately 186,000 ounces of gold equivalent.

Highlights


  * SRK Consulting (UK) Ltd ("SRK") estimates a JORC compliant
    mineral resource containing Measured and Indicated Mineral
    Resources of 104,000 oz (Au) and 1,700,000 oz Ag (138,000 oz Au
    equivalent) and an Inferred Mineral Resource of 34,000 oz Au and
    725,000 oz Ag (48,000 oz Au equivalent)



  * Measured and Indicated Mineral Resources comprise approximately
    75% of the total metal resource



  * Global resource now 950,000 tonnes at an average gold equivalent
    grade of 6.1 g/t, representing a 40% increase in tonnage over the
    previous resource estimate



  * Additional drilling planned to add further near surface resources
    to the inventory


Dr. Kerim Sener, Managing Director, commented:

"This additional resource  update for Kiziltepe  was prepared  during
and following a visit to site last week by our consultants SRK.   The
estimate is  based  on all  of  our drilling  up  to March  2008  and
utilises certain findings from the mining options study undertaken by
Wardrop Engineering.

"The available drilling data  for Arzu South  has been remodelled  to
determine the broader  exploration potential  of the  vein system  at
depth and  to  further refine  our  understanding of  the  structural
controls on mineralisation.  We  are particularly encouraged to  note
that the model generated  identifies several steeply plunging  shoots
of higher grade mineralisation which have not been adequately  tested
by drilling.

"We are  now  planning for  focused  exploration over  certain  areas
within the Kiziltepe  prospect in the  expectation that our  resource
can be increased even further.  Drilling at Kiziltepe will recommence
in August using  our in-house drilling  team on veins  that have  not
been drill-tested  to  date.   We remain  committed  to  outlining  a
commercially feasible resource."

Resource Statement

SRK has completed a 3D geological model and mineral resource estimate
in compliance  with the  JORC code  for several  gold-bearing  quartz
veins at the Kiziltepe prospect.  SRK commented, "Ariana.has  ensured
a  high  quality  of  sample  preparation  and  laboratory   results,
resulting in  grade  and  density  data  which  can  support  a  JORC
compliant resource estimate."

Four mineralised structures have been incorporated into the  resource
model, namely: Arzu  South, Arzu  North, Banu  and Derya  (previously
known as Vein 4).   The majority of the  current resource is  located
within Arzu South,  the central part  of which has  been drilled  and
channel sampled with sufficient density to support a Measured Mineral
Resource.  Parts of the southern and northern areas of Arzu South and
the southern  portion of  Arzu  North are  in the  Indicated  Mineral
Resource category.  The remaining part of Arzu North and all of  Banu
and Derya comprise the Inferred Mineral Resource.

SRK has placed a  depth limit of approximately  125m to the  resource
model, as most  drill intersections are  above this level  and it  is
clear that material below this level  would not be extracted by  open
pit mining.  This depth coincides with the maximum depth of a Whittle
optimised pit-shell, used for the purposes of the Wardrop Engineering
mining options study.  The pit-shell  is illustrated in Figure 1.   A
cut-off grade of  2 g/t Au  was established from  the economic  model
derived from this pit-shell and the resource blocks measure 25m x 25m
x 10m.

SRK Mineral Resource Statement


Classification    Vein    Tonnage       Grade           Metal *
                             (Kt) (Au g/t) (Ag g/t) (kg Au) (kg Ag)

Measured       Arzu South     390      6.4      101   2,500  39,000

Indicated      Arzu South     110      5.7      106     600  12,000
Indicated      Arzu North      50      2.3       38     110   1,800

Inferred       Arzu North     100      2.2       29     200   2,900
Inferred       Banu           130      2.6       82     330  10,500
Inferred       Derya          170      2.9       53     500   9,000


* Equivalent to 186,360 oz gold equivalent.  The gold equivalent is
calculated on the basis of a 50:1 price ratio between gold and silver
(this price ratio fluctuates and is dependent on market conditions).

SRK considers there  to be relatively  good exploration potential  in
the wider Kiziltepe project  area.  Several new  targets will be  the
focus of  additional drilling  in  the near  future (Figure  2).   An
extensive  resistivity  /  conductivity  geophysics  survey  is  also
planned across  the project  area to  help resolve  several  possible
blind targets prior  to drill-testing,  in particular  the 650m  long
area between  Arzu  South and  Arzu  North.  The  exceptionally  high
conversion of Inferred  Mineral Resources to  Indicated and  Measured
Mineral Resources at Arzu South demonstrates the robust nature of the
geological model  applied  and  provides greater  confidence  in  the
selection of veins for follow-up drilling in 2008 and 2009.


Leapfrog Model

In addition  to the  resource estimate,  SRK has  applied  'Leapfrog'
grade  shell  visualisation  software  to  the  Arzu  South  drilling
database to identify the potential continuity of mineralisation below
the current  open-pit  model  and to  provide  follow-up  exploration
targets.   The  Leapfrog  model  has  further  reinforced  geological
understanding of  the  vein system  and  the  view that  there  is  a
consistent southeast  plunge  component  to most  of  the  high-grade
shoots within the vein segments (Figure 3).  In the southern part  of
the vein system it  is also apparent that  the high-grade shoots  may
step-out and continue  beyond the southeastern-most  drilling on  the
Arzu South vein system, where mineralised structures were intersected
but  with  diminishing  grade   and  width.   The  concentration   of
high-grade mineralisation in the southern  portion of the Arzu  South
vein system highlights  the significance of  this area for  potential
further resource growth.

Please see the link at the end of this announcement for Figures 1,  2
and 3.

Contacts:


Ariana Resources plc               Tel: [phone]
Michael Spriggs, Chairman
Kerim Sener, Managing Director

Beaumont Cornish Limited           Tel: [phone]
Roland Cornish

Lothbury Financial                 Tel: [phone]
Michael Padley / Louise Davis

Loeb Aron & Company Ltd            Tel: [phone]
Peter Freeman / Frank Lucas

City Capital Corporation Limited   Tel: [phone]
Charles Dampney

Alexander David Securities Limited Tel: [phone]
Nick Bealer / David Scott


About the Kiziltepe prospect

The  Kiziltepe  prospect  is  located  within  a  ten-year  renewable
operating licence  that  forms  part  of  the  Company's  100%  owned
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 mine.  The prospect  hosts over  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 northwest,  dip to  the northeast and  are hosted  within
Miocene age dacitic volcanic rocks.

Ariana  acquired  the  Sindirgi  Gold  Project  from  Newmont  Mining
Corporation (NYSE & ASX: NEM; TSX: NMC) in March 2005.  Franco-Nevada
Corporation retains the right  to a royalty of  up to 2.5% on  future
gold production from the Sindirgi gold project.

Ahead of  commencing  the  drilling programme,  Ariana  obtained  all
necessary environmental and  forestry approvals  from the  provincial
government in Balikesir and the State Government in Ankara.

Sampling and Assaying Procedures

Ariana's sampling  of  drill  core,  reverse  circulation  chips  and
surface  samples  conforms  to  industry  best-practice.   Laboratory
sample preparation,  assaying procedures  and  chain of  custody  are
appropriately controlled.  Preparation  of samples  is undertaken  by
ALS Chemex in Izmir and assayed for gold by 30g fire assay at the ALS
Chemex  laboratory  in  Romania.   Routine  re-assaying  of   samples
assaying greater  than  10  g/t Au  and  100  g/t Ag  has  also  been
completed by ALS Chemex.  Standard,  blank and duplicate samples  are
being used in the sample batches  in line with the Company's  quality
control procedures.  Quality control checks have determined excellent
performance of blanks and standards, and duplicate samples have shown
very high correlations.   The Company  maintains an  archive of  half
core samples  and  a photographic  record  of all  cores  for  future
reference.

Statement of Qualification

Martin Pittuck, MIOM3, C.Eng, a  Principal Resource Geologist at  SRK
with over 10 years experience in Mineral Resource estimation for gold
deposits, has  overseen  the  preparation of  this  estimate.  He  is
considered to be  a competent  person for the  purposes of  reporting
Mineral Resources in accordance  with the terminology and  guidelines
given in the JORC Code.

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 remote-sensing database.

The Company's  flagship asset  is the  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.   This project  is presently  being
assessed as to its economic merits.

Loeb Aron  &  Company  Ltd., City  Capital  Corporation  Limited  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 at www.arianaresources.com.

Ends

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