Arian Resources Corp. Auditor Raises 'Going Concern' Doubt

Arian Resources Corp. is a junior mineral exploration company. The Company is engaged in the acquisition, exploration, development and evaluation of mineral properties. It is focused on the exploration of prospective gold and copper properties in Albania. The Company, through its subsidiary, Balkan Resources, Shpk, has received the Perlat-Shebe exploration permit from the National Licensing Center of the Republic of Albania, which is an approximately 2,305 hectare exploration permit. Perlat is a copper-gold-silver-cobalt mine in Albania. The Perlat exploitation permit lies within the Mirdite and Puke Districts in northern Albania and is located over 80 kilometers north of the capital Tirana. The Company holds an exploitation license, which covers approximately 290 hectares, and the exploration license also surrounds the Shebe and Tuturiqi prospects. The Company, through its subsidiary, JAB Resources, Shpk, owns a copper exploitation permit known as the Iballja Copper Project.