Permitting at Kiziltepe Completed

25 November 2008 AIM / PLUS Markets: AAU PERMITTING AT KIZILTEPE COMPLETED Ariana Resources plc ("Ariana" or "the Company"), the gold exploration company focused on Turkey, is pleased to announce the receipt of its final operational permits for the Kiziltepe prospect, in Balikesir Province, western Turkey. Dr. Kerim Sener, Managing Director, commented: "The receipt of our final permits at Kiziltepe represents a significant milestone in the development of the project. These permits provide us with the freedom to plan effectively for additional trial mining at this location, and will allow us to scale up operations quickly. "We are in discussions with several parties on the future development of the Kiziltepe project. The Company is aiming to define the most value-added route for the project in the short to medium term." Permit Status The Kiziltepe project is now fully permitted for formal mining operations to commence. The permits currently held at the project include: * Mining Permit: This permit provides permission to mine and covers the entire Kiziltepe vein field. * Environmental Permit: This ensures the project meets certain environmental requirements and covers the Arzu South, Arzu North and Banu veins. * Forestry Permits: These are required only in forested parts of the project area for which access was sought primarily for drilling purposes. A larger forestry permit covers the Arzu North vein in which trial mining has already commenced. * Health and Safety Permit: This ensures the Company complies with certain health and safety regulations, and the permit covers the entire project area. * Blasting Permit: This provides permission to use explosives during mining. This covers the entire project area but in practice is currently limited to an area on the Arzu South vein. The Company has also secured certain surface rights which were announced on 18 July 2007. Mining Status The Company now holds a stockpile of approximately 2,000 tonnes of ore from the Arzu North vein which was mined in accordance with Turkish mining law by mechanical methods prior to receipt of the blasting permit. Approximately 25 tonnes of this ore was sent for trial processing at a treatment facility elsewhere in Turkey, from which very good recoveries of between 82.3% and 89.7% gold were achieved. The Company is presently preparing a mining plan to extract 5,000 tonnes of ore from the Arzu South vein by mechanical methods, assisted by blasting where appropriate. The intention is that this ore will be utilised for further trial processing in due course. Contacts: Ariana Resources plc Tel: 020 7407 3616 Michael Spriggs, Chairman Kerim Sener, Managing Director Beaumont Cornish Limited Tel: 020 7628 3396 Roland Cornish Lothbury Financial Tel: 020 7011 9411 Michael Padley / Louise Davis Loeb Aron & Company Ltd Tel: 020 7628 1128 Peter Freeman / Frank Lucas Alexander David Securities Limited Tel: 020 7448 9820 Nick Bealer / David Scott Editors' note: About the Kiziltepe Prospect The Kiziltepe prospect is located within a ten-year renewable operating licence that forms part of the Company's 100% owned Sindirgi gold project in Balikesir Province, western Turkey. The current JORC resource of 186,000 ounces gold equivalent is located on the Arzu South, Arzu North, Banu and Derya veins. Kiziltepe lies approximately 100km east of the one million ounce vein-hosted Ovacik gold mine and 115km northwest of the five million ounce Kisladag gold mine. The prospect hosts over 20km in strike length of gold-silver bearing low-sulphidation epithermal quartz veins across an area of at least 3km by 1km. Individual veins are exposed for up to 750m and widths vary between 1m and 14m. The main veins trend northwest, dip to the northeast and are hosted within Miocene age dacitic volcanic rocks. Ariana acquired the Sindirgi Gold Project from Newmont Mining Corporation (NYSE & ASX: NEM; TSX: NMC) in March 2005. Franco-Nevada Corporation retains the right to a royalty of up to 2.5% on future gold production from the Sindirgi gold project. About Ariana Resources Ariana is an exploration and development company focused on epithermal gold-silver and porphyry copper-gold deposits in Turkey. The Company is exploring 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. The Company's flagship assets are its Sindirgi and Tavsan gold projects. Both projects contain a series of prospects, within two prolific mineralised districts in the Western Anatolian Volcanic and Extensional (WAVE) Province in western Turkey. This Province hosts the largest operating gold mines in Turkey and remains highly prospective for new porphyry and epithermal deposits. These core projects, which are separated by a distance of 75km, are presently being assessed as to their economic merits. The total resource inventory of the Company stands at 401,000 ounces of gold equivalent. Loeb Aron & Company Ltd. and Alexander David Securities 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 ---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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