AAU - Ariana Resources drilling across all key projects

(NewsDirect)

Ariana Resources PLC(AIM:AAU) managing director Kerim Sener gives Proactive an update onits Asgard Metals Fund. He says the companies have successfully raisedadditional funds both privately and through the capital markets,totalling circa A$5,500,000, which he says has been a realachievement. Sener adds that diamond drilling is progressing well atthe Hertica project in Kosovo while the company also has a number ofdrill programs advancing in Turkey. ‘'It’s probably one of themost active periods we’ve ever been involved in'', hesays.

Sener said:"During the year, we made certain additional investments in someof our investee companies and welcome adding two new companies to theportfolio - Rockover Holdings, operating in Zimbabwe through awholly-owned subsidiary, and Altai Resources, operating inKazakhstan.”

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