AA2 – Ariana Resources plc

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latest Highlights – 21 Jan
o Following on from the announcement on 13 November 2025 of High-grade gold in drilling results from the North at Tavşan Mine, this announcement covers the assay results received from the 85-hole programme at Tavşan Main Zone and South Zone.
o The drilling on the Main and South Zones identified resource expansion opportunities and completed the infill drilling.
o Results include the following best intercepts:
▪ 15.7m @ 1.51g/t Au + 7.82g/t Ag from surface (TAV-D014-25)
▪ 7.4m @ 2.76g/t Au + 3.10g/t Ag from 16.9 metres (TAV-D030A-25)
▪ 9.7m @ 1.91g/t Au + 3.27g/t Ag from 0.8 metres (TAV-D079-25)
o Drilling is continuing in other areas across the West and East Zones of the Tavşan Mine.
o The latest drilling highlights significant potential for growth at the South Zone, with a significant area remaining untested.
o A JORC Resource update will be completed at the end of the 15,000m programme at Tavşan, expected in Q2 2026.

Dr. Kerim Sener, Managing Director, commented:
“These are another great set of results from the Main Zone at Tavşan extending in to the South Zone. With drilling ongoing at Tavşan we are looking forward to further opportunities being identified in the periphery of the currently planned pits.
With the gold price continuing its upward trajectory, more of the currently defined resources are likely to be included in our revised pit designs. We are currently optimising our pits at US$3,500 per ounce, compared with previously optimised runs undertaken at significantly lower prices.
This already bodes well for the longevity of the Tavşan operation.”