Ariana Resources plc ("the Company"), the gold exploration company focused on Turkey, announces that it received notification on 6 March 2008 that Starvest plc, further to an acquisition of 4,200,000 Shares on 5 March 2008, now owns 16,456,000 Shares, representing a holding in the Company's issued share capital of 23.09%.

 

 

 

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 and City Capital Corporation 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.

 

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