Mariana Resources Limited – Update on Aegean Metals Group as Drilling has commenced on the Hot Maden Gold-Copper Project in Turkey Mariana Resources Ltd (‘Mariana’ or ‘the Company’), the AIM listed exploration and development company with projects in South America, announces that drilling has commenced on the Hot Maden gold-copper project in Turkey.

This project is subject to a signed arrangement agreement (the “Arrangement Agreement”) pursuant to which, and in accordance with the Business Corporations Act (British Columbia), Mariana will acquire all of the issued and outstanding common shares of Aegean Metals Group Inc (“Aegean”) (the “Aegean Shares”) (the “Transaction”) as previously announced on 18 September 2014 and 5 November 2014. The drilling at the Hot Maden gold-copper project in Artvin Province, eastern Turkey is being performed and fully funded by JV partner Lidya Madencilik Sanayi ve Ticaret A.S.

(“Lidya”).

The initial drill program at Hot Maden will focus on the evaluation of approximately 800 m of strike extent of the Hot Maden Target Area.

Please refer to Aegean news release for details in the link below: Link to Aegean News Release : http://www.aegeanmetalsgroup.com/investors/news_releases/index.php?&content_id=69 Chief Executive Officer, Glen Parsons today commented “I am pleased to announce that drilling has commenced at the Hot Maden gold-copper project in Turkey and, even though I thought we may be ending the year on a quiet note, Mariana’s acquisition strategy is still yielding potential and we look forward to receiving these results in early to mid January.

The board of Aegean have recommended the transaction.

It is subject to the Aegean shareholders approval, which is expected after the special meeting of Aegean shareholders to be held in Vancouver on January 6, 2015.

The transaction is expected to be completed on or before January 16, 2015.” “We look forward to updating the market in the New Year on our wider portfolio as we continue to advance our gold-copper-silver projects.” **ENDS** Qualified Person The information in this release has been reviewed by John Horsburgh who is a Fellow of the Australasian Institute of Mining and Metallurgy.

Mr Horsburgh holds a B.Sc in Mining Geology and an M.Sc in Applied Geophysics from the Royal School of Mines, Imperial College, London and has over 40 years experience in mineral exploration and project development worldwide.
For further information please visit website at www.marianaresources.com or contact the following. In Australia:
John Horsburgh (Chairman) Mariana Resources Ltd +61 2 9437 4588 Glen Parsons (CEO) Mariana Resources Ltd +61 2 9437 4588 Rob Adamson RFC Ambrian Limited (Nomad) +61 2 9250 0041 Will Souter RFC Ambrian Limited (Nomad) +61 2 9250 0050 In U.K.
Jonathan Williams RFC Ambrian Limited (UK Broker) +44 20 3440 6817 Felicity Edwards St Brides Media and Finance Ltd (PR) +44 20 7236 1177
About Mariana Resources Mariana Resources Ltd is an AIM quoted exploration and development company with an extensive portfolio of gold, silver and copper projects in South America.

The Company’s core projects include: the Soledad and Rurimarac copper-gold projects in Peru which are just 4km apart in the prospective Cordillera Negra metallogenic province, and 34 km south of the major Pierina gold-silver mine operated by Barrick Gold Corporation; the Nassau gold project in the highly prospective Guyana Shield of Suriname in South America, a new frontier for gold exploration, discoveries and production; the Los Cisnes and Las Calandrias gold and silver projects the Santa Cruz province in Argentina; and Mariana recently entered into an agreement to acquire 100% of TSX listed Aegean Metals Group Inc.

which will add four highly prospective gold-copper-silver projects in Turkey and Chile to its existing South American portfolio on completion in Q1 2015.
Safe Harbour This press release contains certain statements which may be deemed to be forward-looking statements.

These forward-looking statements are made as at the date of this press release and include, without limitation, statements regarding discussions of future plans, the realization, cost, timing and extent of mineral resource estimates, estimated future exploration expenditures, costs and timing of the development of new deposits, success of exploration activities, permitting time lines, and requirements for additional capital.

The words “plans”, “expects”, “budget”, “scheduled”, “estimate”, “forecasts”, “intend”, “anticipate”, “believe”, “may”, “will”, or similar expressions or variations of such words are intended to identify forward‑looking statements.

Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to vary materially from those expressed or implied by such forward-looking statements, including, but not limited to: the effects of general economic conditions; the price of gold, silver and copper; misjudgements in the course of preparing forward-looking statements; risks associated with international operations; the need for additional financing; risks inherent in exploration results; conclusions of economic evaluations; changes in project parameters; currency and commodity price fluctuations; title matters; environmental liability claims; unanticipated operational risks; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or in the completion of development or construction activities; political risk; and other risks and uncertainties described in the Company’s annual financial statements for the most recently completed financial year which is available on the Company’s website at www.marianaresources.com .

Although we believe that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking statements.

Accordingly, readers are cautioned not to place undue reliance on forward-looking statements.

We do not undertake to update any forward-looking statements, except in accordance with applicable securities laws.
Felicity [cid:image002.png@01CECBDD.61F8A860] Felicity Winkles (née Edwards) St Brides Media & Finance Ltd 3 St Michael’s Alley, London, EC3V 9DS www.stbridesmedia.co.uk Tel: 0207 236 1177 | Mob: 07748843871 | Twitter: @StBrides1