Ariana Resources PLC
25 July 2007
25 July 2007
AIM: AAU
CHANGE OF OFFICE AND NEW APPOINTMENT IN TURKEY
Ariana Resources plc ('Ariana' or 'the Company'), the gold exploration company
focused on Turkey, announces that it has moved the Head Office of its Turkish
subsidiary to the capital city of Turkey and has appointed a full-time Licence
Manager.
New Office Location
The move from the port of Izmir to the capital Ankara has become necessary to
improve efficiency as we expand. The relocation brings the Company closer to the
growing mining and exploration community in Turkey and to the various government
agencies with which the Company communicates most frequently, including the
Department of Energy and Natural Resources, Department of the Environment and
Forestry, General Directorate of Mining Affairs, and the General Directorate of
Mineral Research and Exploration (MTA).
The new office address and contact details are:
Galata Madencilik San. ve Tic. Ltd.
Farabi sokak No: 15/11
Cankaya
06680
Ankara
Telephone: +90 (0) 312 468 1365
Facsimile: +90 (0) 312 468 1385
The new office is manned permanently by our Office and Accounts Manager, Licence
Manager and Information Systems Geologist. All other personnel remain based at
our Field Office in Sindirgi. The address of the Registered Office in Turkey
remains unchanged.
Appointment of Licence Manager
Mr. Bulent Yilmaz has been appointed as Licence Manager to the Company and is
responsible for managing the administrative and legal requirements of
exploration/operational licences, applications and formal reporting for
licences, in addition to organising environmental and other operational permits
for our advanced projects. He is a Mining Engineer by profession, having
graduated from Dokuz Eylul University in 1992. After spending his early career
on several open-pit and underground mining operations for Turkish companies, he
spent four years with the Turkish subsidiary of Anatolia Minerals Development
Ltd. as a licence and permits manager.
In addition to replacing our consultant Licence Manager, this appointment also
satisfies legal requirements for a Mining Engineer to oversee activities on
operational licences held by the Company. The appointment represents a
significant increase in efficiency and operational streamlining for licence and
permit administration by the Company in Turkey.
Dr. Kerim Sener, Managing Director, commented:
'The change of office and our new personnel appointment is in line with our
strategy to increase the operational efficiency of the Company. Relocating to
the capital Ankara is symbolic of our intent to continue increasing our profile
in Turkey. The move will also help foster closer relationships with other
companies operating in Turkey and bring us closer to the government departments
with which we conduct our business.'
'The appointment of Mr. Bulent Yilmaz supersedes our previous organisational
structure, which included both an external licence manager and a consulting
mining engineer. We have now brought these two very complementary skills
in-house.'
Contacts:
Ariana Resources plc
Michael Spriggs, Chairman
Kerim Sener, Managing Director Tel: 0207 407 3616
Beaumont Cornish Limited
Roland Cornish Tel: 0207 628 3396
Bankside Consultants
Michael Padley / Louise Davis Tel: 0207 367 8888
Editors' note:
About Ariana Resources
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 covering 1,820km2, selected on the basis of
its advanced in-house remote sensing database.
The Company's flagship asset is the 235km2 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.
Ambrian Partners 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.
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
NZM
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