[cid:image001.gif@01CC527F.50C713D0][cid:image005.jpg@01CC527F.50C713D0] 4 August 2011 AIM / PLUS Markets: AAU
DRILLING TARGETS GENERATED AT KIZILCUKUR Ariana Resources plc ("Ariana" or "the Company"), the gold exploration and development company focused on Turkey, is pleased to announce that it has defined multiple drilling targets on its newly acquired Kizilcukur Gold Prospect in Western Turkey, following the conclusion of a successful geophysical programme on the property. Highlights: � Geophysical programme completed over the Kizilcukur vein system demonstrates continuity of potentially mineralised structures at depth and along strike of areas previously drill tested. � High priority drill targets defined on high resistivity anomalies including a probable connecting structure at depth between the two highest-grade areas of the Kizilcukur prospect. � Drilling programme for the prospect is being planned to gain a further understanding of the 2km of mineralised quartz veins containing high-grade gold and silver. � Previous surface sampling results include 152g/t gold and 1,320g/t silver and several high-grade drill intercepts underpin the prospectivity of the property.
Dr.

Kerim Sener, Managing Director, commented: "These results further underpin the prospectivity of the entire project area which is contained within the Sindirgi Gold Corridor, a mineralised trend which extends through our flagship Red Rabbit Gold Project.

They also confirm the continuity of potentially mineralised structures at depth and along strike of areas previously drill tested at Kizilcukur and with additional exploration work, we hope to establish a resource for the prospect.

This resource may then be integrated into Red Rabbit development, which will enhance the economic fundamentals of the project, for which production is scheduled in late 2012. "The exploration team is currently designing a drilling programme and relevant permit applications are being completed.

These results, along with those obtained from the Kepez West and Karakavak prospects, will be remodelled in three dimensions and assessed in parallel with previous exploration data.

In addition, relogging of all old diamond drill core (17 drill holes) from Kizilcukur is being completed ahead of final drill hole planning."
Details of Geophysical Programme The Kizilcukur prospect, located 21km from Kiziltepe (Figure 1) and at the north-east end of the Sindirgi Gold Corridor, had previously not been explored by geophysical methods.

The programme was designed to determine the sub-surface extent of the known vein outcrops and their connectivity, generate drill targets and subsequently expand the resource for the wider Red Rabbit Gold Project, which currently stands at 448,000 ounces of gold equivalent. The programme was carried out over an area of 1km� and several mineralised veins previously identified at surface were covered, in order to provide an internal control on the geophysical methodology.
[cid:image006.jpg@01CC527F.50C713D0] Figure 1: Overview map showing positions of satellite prospects and geophysics lines in relation to the planned Kiziltepe mine locality.

The Kizilcukur prospect is located to the northeast of the Joint Venture licences held in the vicinity of Kiziltepe.
Data was collected from 7 north-south oriented Induced Polarisation (IP) / resistivity profiles, which were spaced 200m apart and cut across the known trend of the veins at a high angle (total length surveyed is approx.

3.6km).

A pole-dipole array was used with a 30m electrode spacing, using a Zonge GGT-3 transmitter and a Scintrex IPR-12 receiver operating in the time domain. The results of the survey identify several high resistivity zonations (250-700 ohm.m) starting from surface or shallow levels and extending to depth.

There are few definitive chargeability anomalies, however some high resistivity zones are accompanied by weak to moderate chargeability values. In the northwest of the programme area, a large resistivity anomaly is observed at depth, which is likely to connect with veins previously mapped to the NW and SE of this location (Figure 2).

Towards the centre of the area, a steep, high angle resistivity anomaly shows that there is a high probability of a connecting vein at depth between the two highest grade areas of the Kizilcukur prospect.

This is an important drill target. Further interpretation of the geophysical data in parallel with geological and geochemical datasets will be undertaken while planning a new drilling programme. [cid:image007.jpg@01CC527F.50C713D0] Figure 2: Example cross-section of resistivity data from the Kizilcukur prospect.

Three recommended drilling targets are identified on this section, which relate primarily to higher resistivity features that may be indicative of vein systems.
Contacts: Ariana Resources plc Tel: +44 (0) 20 7407 3616 Michael Spriggs, Chairman
Kerim Sener, Managing Director
Beaumont Cornish Limited Tel: +44 (0) 20 7628 3396 Roland Cornish / Felicity Geidt
Fairfax I.S.

PLC Tel: +44 (0) 20 7598 5368 Ewan Leggat / Laura Littley
St Brides Media & Finance Ltd Tel: +44 (0) 20 7236 1177 Hugo de Salis / Susie Geliher
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 Masters 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 developing 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.

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. The Companys flagship assets are its Sindirgi and Tavsan gold projects which form the Red Rabbit Gold Project.

Both 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. Ariana also has a strategic investment in Tigris Resources Limited (www.tigrisresources.com), a private Jersey-based exploration company, which is focused on the exploration of copper and gold deposits in southeastern Turkey.

Ariana retains 15% of Tigris Resources Limited. Fairfax I.S.

PLC are brokers to the Company and Beaumont Cornish Limited is the Companys Nominated Adviser. For further information on Ariana you are invited to visit the Companys website at www.arianaresources.com.
Ends [cid:image008.jpg@01CC527F.50C713D0]