28 October 2011
AIM / PLUS Markets: AAU
HOLDINGS IN COMPANY
Ariana Resources plc ("Ariana" or "the Company"), the gold exploration and
development company focused on Turkey, were informed on 27 October 2011 by T1ps
Investment Management (IOM) Limited that following an acquisition of ordinary
shares in the Company on 26 October 2011, their total holding has increased to
30,734,464 ordinary shares, ("the Shares") representing 12% of the voting
rights. Â The Shares are held in the SF T1ps Smaller Companies Gold Fund, a fund
under the discretionary management of T1ps Investment Management (IOM) Limited,
on behalf of BNY Nominees Limited.
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:
About Ariana Resources
Ariana is an exploration and development company focused on epithermal gold-
silver and porphyry copper-gold deposits in Turkey. Â 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 Company's flagship assets are its Sindirgi and Tavsan gold projects which
form the Red Rabbit Gold Project. Â Both contain a series of prospects, within
two prolific mineralised districts in the Western Anatolian Volcanic and
Extensional (WAVE) Province in western Turkey. Â This Province hosts the largest
operating gold mines in Turkey and remains highly prospective for new porphyry
and epithermal deposits. Â 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. Â 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 13% of Tigris Resources Limited.
Fairfax I.S. PLC is the Broker 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
atwww.arianaresources.com.
Ends
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ariana Resources plc via Thomson Reuters ONE
[HUG#1559154]
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