AAU Ariana Resources Plc

 
TIDMAAU 
 
   26 April 2016 
 
   AIM: AAU 
 
   DAKOTA - LYNAS FIND LITHIUM PROJECT UPDATE 
 
   Ariana Resources plc ("Ariana" or "the Company"), is pleased to provide 
an update on the exceptional drilling results from its 7.64% strategic 
investment in Dakota Minerals' Lynas Find Lithium Project, in the 
Pilgangoora region of Western Australia.  The results included 35m @ 
2.1%, 35m @ 1.75% and 40m @ 1.52% Li(2) O, with an overall weighted 
average grade of 1.75% Li(2) O. These results confirm the continuation 
of the Pilgangoora system, now the second largest hard rock lithium 
deposit in the world, into Dakota's Lynas Find Lithium Project. 
 
   Full details of the announcement included details of the drilling 
programme and highlights can be found through the following link: 
 
   http://dakotaminerals.com.au/index.php/asx-announcements/2016/download?path=1547787.pdf 
 
 
   Dr. Kerim Sener, Managing Director, commented: 
 
   "Our team are highly encouraged by Dakota Minerals' excellent maiden 
drilling results on the Lynas Find project in the Pilgangoora region of 
Western Australia.  In the interests of Ariana's shareholders, we are 
leveraging our exploration targeting capabilities and our ability to 
commercialise new project opportunities outside of the gold sector.  The 
synergy between global gold bearing systems and those of the emerging 
and highly exciting technology-metals sector are proving to be an 
excellent fit for the company. 
 
   The Ariana team is continuing to identify further technology-metals 
projects, with a special focus on lithium. We expect to commercialise 
these projects according to the model applied to Dakota Minerals." 
 
   Contacts: 
 
 
 
 
Ariana Resources plc             Tel: +44 (0) 20 7407 3616 
Michael de Villiers, Chairman 
Kerim Sener, Managing Director 
 
Beaumont Cornish Limited         Tel: +44 (0) 20 7628 3396 
Roland Cornish / Felicity Geidt 
 
Beaufort Securities Limited      Tel: +44 (0) 20 7382 8300 
Jon Belliss 
 
Loeb Aron & Company Ltd.         Tel: +44 (0) 20 7628 1128 
John Beresford-Peirse 
 
 
 
   Editor's Notes 
 
   Competent Person: 
 
   Dr Kerim Sener, BSc (Hons), MSc, PhD, is the Managing Director of Ariana 
Resources plc.  A graduate of the University of Southampton in Geology, 
he also holds a Master's degree from the Royal School of Mines (Imperial 
College, London) in Mineral Exploration and a doctorate from the 
University of Western Australia.  He is a Fellow of The Geological 
Society of London and has worked in geological research and mineral 
consultancy in Africa, Australia and Europe.  He has read and approved 
the technical disclosure in this regulatory announcement. 
 
   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 
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 Eldorado Gold Corporation in 
north-eastern Turkey.  Eldorado owns 51% of this joint venture and are 
fully funding all exploration work on the JV properties, while Ariana 
owns 49%.  The total resource inventory within this JV is 1.09 million 
ounces of gold. 
 
   The Company's flagship assets are its Kiziltepe and Tavsan gold projects 
which form the Red Rabbit Gold Project.  Both 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 and now form part 
of a Joint Venture with Proccea Construction Co.  The total resource 
inventory at the Red Rabbit Project stands at 475,000 ounces of gold 
equivalent. 
 
   Beaufort Securities Limited and Loeb Aron & Company Ltd. 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. 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Ariana Resources plc via Globenewswire 
 
   HUG#2006805 
 
 
  http://www.arianaresources.com/s/Home.asp 
 

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