30 September 2014
AIM: AAU
INTERIM RESULTS FOR THE PERIOD ENDED 30 JUNE 2014
Ariana Resources plc ("Ariana" or "the Company"), the gold exploration and development company focused on Turkey, announces its interim results for the six months ended 30 June 2014.
Highlights
- Continued advancement of the Red Rabbit Gold Project ("RRGP")
- Secured 100% financing for the RRGP mine at Kiziltepe - US$33 million overall credit agreement completed with international Turkish investment bank
- Mining Licence renewed up to April 2034 (providing mining operations commence within the first five years of the licence)
- Attractive investment incentives approved (including significant reductions in corporation tax and exemptions from customs duties and VAT) by the Turkish Government for Kiziltepe
- Continued progress across exploration and development portfolio - new mineralised zones discovered at Kizilcukur and Karakavak, within the Kiziltepe Sector of the RRGP
To view the Company's financial statements for the period ended 30 June 2014 please visit; http://www.arianaresources.com/investors/financials.
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 |
Saif Janjua | |
Loeb Aron & Company Ltd. | Tel: +44 (0) 20 7628 1128 |
John Beresford-Peirse / Dr. Frank Lucas | |
St Brides Media & Finance Ltd | Tel: +44 (0) 20 7236 1177 |
Susie Geliher / Lottie Brocklehurst | |