Arian Resources Corp. announced that the third core hole at the Kacinar gold project is now complete. This hole tests coincident resistivity and chargeability anomalies.

The hole extended to a depth of 280.97 meters, short of its original target depth due to challenging rock conditions. Core from this hole is now being sampled and readied for shipment to the ALS Minerals facility in Bor, Serbia for sample preparation. Sample results from the first two holes are expected shortly.

The next holes will be sited based on these results. While awaiting these results the drill is being serviced. 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 highest 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. Following the completion of the drilling program an induced polarization geophysical survey was undertaken in the Gjazuj area. This survey reveals the presence of numerous high-priority resistivity and chargeability anomalies.

These are interpreted to represent both the shear-zone-hosted sulphide mineralization identified in the drilling and large sulphide-bearing intrusives lying immediately adjacent to and below the shear zones. The intrusives are further interpreted to represent porphyry copper-gold mineralization associated with the emergent core complexes. A number of high-priority targets have been identified for drill testing (target depths ranging from 50 metres to 250 metres).