Arian Resources Corp. announced that in association with Sinomine International Exploration (Hong Kong) Holding Co. Limited (Sinomine), the second 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 the project by spending $6 million. Kacinar Drill Program: This hole, collared 207 metres northwest of the first hole, was drilled to test coincident resistivity and chargeability anomalies. Though the intended hole length was 300 metres, drilling continued to a depth of 407.12 metres.

The drill will now be disassembled to allow transport to the third hole. This hole is designed to test coincident resistivity and chargeability anomalies discovered as a part of the 2011 ground geophysical program. The geophysical anomalies commence at a depth of approximately 100 metres and the drill hole is planned to extend to 300 metres.

Kacinar Gold 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.