Interim Results for the period ended 30 June 2014


 
   

 

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