Business
Director's Dealings
Director's Dealings.
About this update from Ariana Resources Plc
[{"type":"text","content":"\n Director's Dealings25 June 2013AIM: AAUDIRECTOR'S DEALINGSAriana Resources plc (\"Ariana\" or \"the Company\") announces that it was informed today that Dr. Kerim Sener, Managing Director, purchased 350,000 ordinary shares in Ariana today at 1.05p per ordinary share.Further to this purchase, Dr. Sener now holds 6,699,091 ordinary shares in Ariana, representing a percentage holding of 1.21% of the Company's total issued share capital.Contacts:Ariana Resources plcTel: +44 (0) 20 7407 3616Michael Spriggs, ChairmanKerim Sener, Managing DirectorBeaumont Cornish LimitedTel: +44 (0) 20 7628 3396Roland Cornish / Felicity GeidtBeaufort Securities LimitedTel: +44 (0) 20 7382 8387Chris Rourke / Guy WheatleyLoeb Aron & Company Ltd.Tel: +44 (0) 20 7628 1128John Beresford-Peirse / Dr. Frank Lucas St Brides Media & Finance LtdTel: +44 (0) 20 7236 1177Susie Geliher / Lottie BrocklehurstAbout 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 448,000 ounces of gold equivalent. Ariana also has a strategic investment in Tigris Resources Limited (www.tigrisresources.com), a private Jersey-based exploratio...