🕐15.11.11 - 11:27 Uhr

ARIANA RESOURCES PRESENTS AN UPDATE ON RED RABBIT GOLD PROJECT - WEDNESDAY 7 DECEMBER, ISLINGTON



[cid:image001.jpg@01CCA37D.1F2E28A0] Ariana Resources plc - Turkeys Next Gold Producer Ariana presents an update on its Red Rabbit Gold Project in Western Turkey as it approaches production Wednesday 7 December, 2011, 2.30pm The Board Room of the Hilton Hotel, 53 Upper Street, Islington, London Ariana Resources plc, the gold exploration and development company focussed on Turkey, will be hosting a presentation at the Hilton Hotel, Islington, on Wednesday 7 December 2011 at 2.30pm in conjunction with their presence at the Mines & Money Exhibition at the Business Design Centre (Stand W3), Islington. Ariana Managing Director, Kerim Sener, and Hakan Goyenc of Proccea Construction Company, Arianas partner in its Red Rabbit Gold Project joint-venture, would like to invite you to hear an update on the progress made at its flagship Red Rabbit Project, and details of expected developments over the next 12 months as the project moves into production. In addition, Dr.

Sener will also provide an update on Arianas highly prospective exploration properties, together with updates from its joint venture partner, European Goldfields. Please see below or visit the Company website www.arianaresources.com for background information on Ariana Resources, and for any further information do not hesitate to get in touch. If you would like to attend the presentation, please RSVP to Susie Geliher ( or +44 (0) 20 7236 1177). Best regards, Susie [cid:image005.gif@01CCA37D.1F2E28A0][cid:image006.jpg@01CCA37D.1F2E28A0]
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 approximately 13% of Tigris Resources Limited. www.arianaresources.com



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