Ariana Resources plc ("the Company"), the gold exploration company focused on Turkey, announces that it received notification on 13 February 2008 that Starvest plc, further to an acquisition of 3,000,000 Shares on 11 February 2008, now owns 12,256,000 Shares, representing a holding in the Company's issued share capital of 17.19%.

 

 

 

 

 

 

Ariana is a dynamic exploration company focused on the discovery and development of epithermal gold-silver and porphyry copper-gold deposits with multi-million ounce potential within the Tethyan metallogenic belt of Turkey.  The Company has a portfolio of prospective licences selected on the basis of its advanced in-house remote sensing database.

 

The Company's flagship asset is the Sindirgi Gold Project, which targets a series of prospects, within a prolific mineralised district in western Turkey.  The project hosts over 45km of gold-silver bearing epithermal quartz veins.

 

Loeb Aron & Company Limited, City Capital Corporation Limited and King & Shaxson Capital 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.