Arian Resources Corp. announced, in association with Sinomine International Exploration (Hong Kong) Holding Co. Limited (Sinomine), that the first diamond drill hole is now complete at the Kacinar gold project located in Albania.

Sinomine has optioned the Kacinar project from Arian and has the ability to earn up to a 60% interest in Arian's wholly owned subsidiary Jab Resources Shpk ("Jab") which holds the project. Arian reported that the first hole at the Kacinar gold project is now complete. The end depth of the hole was 351.22m.

The project geologist reported that mutiple zones of basalt containing quartz-carbonate veining, chlorite alteration and variable epidote and silicification were intersected. Core samples will be sent to ALS Minerals' facility in Bor, Serbia for sample preparation prior to being forwarded to ALS Minerals' facility in Rosia Montana, Romania for analysis. The drill is now being set up at the site of the next hole.

The anomaly was discovered as a part of the 2011 ground geophysical program. It is anticipated that this drilling program will require up to four months to complete and is budgeted to cost $1,000,000. This program is being funded by Sinomine and upon the spending of the $1,000,000 Sinomine will have earned a 10% interest in Arian's subsidiary Jab which holds the project.

Based on the geological, geochemical and geophysical results obtained to date, the company has unearthed what appears to be a new gold-bearing greenstone belt. Where suitable tectonic and intrusive activity has occurred greenstone belts can contain substantial gold deposits. Greenstone-hosted gold deposits currently provide over 13% of global gold production, with examples such as the Kirkland Lake, Malartic and Detour Lake mines within the Abitibi belt in Canada, the Tasiast mine in Mauritania, and the Fimiston mine in Kalgoorlie, Australia.

Within the Kacinar licence, there appears to be potential for two styles of mineralization. The first is quartz carbonate-sulphide shear-hosted veins as discovered in the company's drill testing program. The second is porphyry copper-gold mineralization associated with emergent core complexes as interpreted from the company's geophysical survey.

Within the outlined greenstone belt, historic Albanian Geological Survey work defined six areas that contain stream sediments anomalous in gold. Drill testing of a small area (400 metres by 200 metres) associated with one of these geochemical anomalies by the company outlined nine steeply dipping quartz carbonate-sulphide shear-hosted veins, averaging four metres in width and averaging 2.7 grams per tonne gold. These veins are open along strike and at depth, and are consistent with the type of mineralization found in established greenstone-hosted gold deposits and collectively offer significant potential.

Analysis of drill core and surface trench samples from this area has resulted in 61 samples with grades greater than one gram per ton gold. Of these, 8 samples have between five and ten grams per tonne gold and 12 samples have greater than ten grams per tonne gold. The high assay was 39.4 grams per tonne gold over one metre on drill hole GZJ1017.

Significant intersections include 1.51 grams per tonne gold over 14 metres thickness on drill hole GZJ1012 and 7.01 grams per tonne gold over six metres on drill hole GZJ1011. Note that these thicknesses are not necessarily true widths. Preliminary metallurgical test work indicates that 94% of the gold can be separated into a sulphide concentrate using standard floatation processes.

The gold occurs as separate grains associated with the sulphides.