Holding(s) in Company
1 October 2007 AIM / PLUS Markets: AAU
HOLDING IN COMPANY
Ariana Resources plc ("the Company"), the gold exploration company focused on Turkey, announces that it received notification on 25th September 2007 that Starvest plc. now owns 7,500,000 Shares, representing a holding in the Company's enlarged issued share capital following the Further Placing announced on the 27th September 2007 of 10.5%.
Ariana Resources plc Tel: 020 7407 3616 Michael Spriggs, Chairman Kerim Sener, Managing Director
Beaumont Cornish Limited Tel: 020 7628 3396 Roland Cornish
Bankside Consultants Tel: 020 7367 8888 Michael Padley / Louise Davis
City Capital Corporation Limited Tel: 020 7842 5867 Charles Dampney
King & Shaxson Capital Limited Tel: 020 7426 5986 Nick Bealer
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.
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.
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