13 April 2010
AIM / PLUS Markets: AAU
HOLDING(S) IN COMPANY
Ariana Resources plc ("the Company"), the gold exploration and development company focused on Turkey, was informed yesterday that with effect from 12 April 2010 City Equities Limited no longer has a notifiable interest in the Company's issued share capital.
Contacts:
| Ariana Resources plc | |
| Michael Spriggs, Chairman | Tel: 020 7407 3616 |
| Kerim Sener, Managing Director | |
| Beaumont Cornish Limited | Tel: 020 7628 3396 |
| Roland Cornish | |
| Alexander David Securities Limited | Tel: 020 7448 9820 |
| Nick Bealer / David Scott | |
| Loeb Aron & Company Ltd | Tel: 020 7628 1128 |
| Peter Freeman / Frank Lucas |
Editors' note:
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 Joint Venture with European Goldfields Limited in north-eastern Turkey.
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. The total resource inventory of the Company stands at 401,000 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 at www.arianaresources.com.
Ariana Resources plc
Bridge House, London Bridge,
London, SE1 9QR, UK
Tel: +44 (0)207 407 3616
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