Ariana Resources plc (AAU)

Ariana Resources plc (AAU)

Ariana Resources plc, the gold exploration company focused on Turkey, announces its unaudited half-yearly results for the six months ended 30 June 2008.

Highlights:
Joint Venture initiated with European Goldfields Limited
David Reading, CEO of European Goldfields, joins the Board
326,000 oz Au equivalent in JORC resources
In-house drilling team established

Dr. Kerim Sener, Managing Director, commented:
“It has been another six months of solid progress for the Company. Our efforts have resulted in a JORC resource of over 326,000 oz gold equivalent and it is clear that the potential to delineate more ounces continues to improve. In north-eastern Turkey the JV team is actively exploring a highly prospective area for which we have high hopes. We have exceeded our initial resource target at the Kiziltepe prospect, with over 186,000 oz Au equivalent defined to date."

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