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File: ARC NR - Drilling at Perlat First Hole 08.29.14.docx

Arian Resources Corp.
ARC: TSX V
    


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ARIAN AND SINOMINE
COMPLETE FIRST DRILL HOLE AT PERLAT


August 29, 2014         TSX Venture Exchange
Trading Symbol: ARC

Vancouver, British Columbia

Arian Resources Corp. ("Arian") 

Mr. Zahir ( Zip ) Dhanani, CEO & Chairman of Arian, is pleased to announce that Arian Resources Corp. ("Arian") and Si
--->nomine Resource Exploration Co. Ltd. ("Sinomine") have completed the first drill hole of a 5,000 meters drill program 
--->related specifically to the development of the Perlat high-grade copper-gold project in Albania.

The first drill hole went to a depth of 350 meters and the second drilling has commenced on the second hole, which is 
--->also expected to reach a depth of 350 meters. A twelve-person team from Sinomine has arrived on site and, with two mor
--->e drill rigs expected to be assembled by next week, the pace of the work program will accelerate soon.

Both companies see the potential to advance the Perlat project, which has a high-grade historic copper-gold resource (
--->see details below), to production. To this end, the objectives of the $ 3 million drill program are to determine the r
--->equirements and feasibility of putting Perlat into production. It will include confirmatory drilling and due diligence
---> with respect to the historic drilling, and technical and financial evaluation of putting Perlat into production. The 
--->drill program will consist of 10-14 drill holes and is expected to be completed by December 2014. Sinomine is executin
--->g the drill program under Arian's supervision. 

Zahir Dhanani states, "We are very excited to partner yet again with Sinomine on this drill program. We will sample ex
--->tensively for gold, which was not done as part of the extensive historic drilling but which was done successfully by B
--->alkan Resources. We anticipate extensive gold mineralisation to be present and this will provide us significant upside
---> potential, when we take Perlat into production."

ABOUT PERLAT

The VMS mineralization at Perlat is of the Cyprus type and consists of small massive sulphide lenses and disseminated 
--->sulphides in altered volcanic rocks, which comprise a number of zones varying from four to 20 metres in thickness. The
---> dominant sulphide minerals are pyrite and chalcopyrite with minor sphalerite and marcasite. The mineralization lies o
--->n a north-northeast trend extending for over two kilometres.

Mining commenced on the northern portion of the Perlat deposit in 1979 and continued until 1991 at the time of the col
--->lapse of communism in Albania and of low copper prices. The mine, which includes two shafts on the northern portion of
---> the deposit and an exploration shaft and drive on the southern portion of the deposit, was decommissioned in 1997.

To support the mine operations extensive underground development was undertaken. Though production statistics are not 
--->available, nine mineralized lenses were mined by sublevel caving. Lower grade ore from the mine was sent to mills at e
--->ither Kurnesh or Rreshen whilst high-grade ore was sent directly to a smelter in Rubik.
The Rubik Geological Enterprise has presented historic mineral resources for portions of the Perlat deposit in 1979, 1
--->983, 1986 and most recently in 1993. These historic mineral resources were classified under the Russian "reserve" clas
--->sification system into categories A, B, C1 and C2 in order of decreasing confidence where:

Category A means reserves are known in detail (usually defined by underground workings);
Category B includes reserves outlined by exploratory workings and/or closely spaced drilling;
Category C1 includes reserves defined at the project by a drilling grid of 50 metres by 45 m;
Category C2 refers to less-well-defined reserves indicated by geological and/or geophysical information confirmed by d
--->rill holes at spacing between 50 m by 45 m and 100 m by 60 m.

A qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the 
--->issuer is not treating the historical estimate as current mineral resources.

In 1986 undiluted geological reserves of category B+C1 (likely equivalent to indicated to inferred resourced by modern
---> definition standards) totalling 2,565,155 tonnes grading 2.202 per cent Cu and reserves of category C2 (likely equiva
--->lent to inferred resources by modern definition standards) totalling 1,186,417 t grading 1.779 per cent Cu were estima
--->ted at a cut-off of 0.7 per cent Cu. An unknown amount of this was mined in the following five years to when the mine 
--->was closed in 1991.

Between 1986 and 1992 additional drilling was conducted in the southern and central portions of the Perlat deposit. Th
--->is work resulted in additional category C1 reserves totalling 635,746 t at a grade of 3.491 per cent Cu and category C
--->2 reserves totalling 344,044 t at a grade of 2.845 per cent Cu were estimated (undiluted geological reserves at a 0.7-
--->per-cent Cu cut-off). These resources in the southern portion of the Perlat deposit were never mined.

After acquiring the property in 2006 Balkan Resources Inc. drilled 18 holes totalling over 5,000 metres. Hole P-32-200
--->8 confirmed the previous results of the mineralization in the northern portion of the Perlat deposit. From a depth of 
--->316.1 m, a 7.02 m zone of mineralization was intersected which contained 7.33 per cent copper, 6.31 grams per tonne go
--->ld, 31.46 g/t silver and 0.16 per cent zinc. 

Chad Ulansky, PGeo, is the qualified person under National Instrument 43-101 who has reviewed the technical disclosure
---> in this news release and is responsible for the technical information contained in this release.

For further information, contact Zahir Dhanani at 604.248.5175 or via email at zip1@shaw.ca. 

We seek Safe Harbor.


ON BEHALF OF THE BOARD OF DIRECTORS

"Zahir ( Zip ) Dhanani, CEO & Chairman"

Arian Resources Corp.

About Arian Resources Corp.

Arian Resources Corp. is a junior mineral exploration company with a focus on the exploration of prospective gold prop
--->erties in Albania.

About Sinomine Resource Exploration Co., Ltd.,

Sinomine Resource Exploration Co., Ltd. is the top resource exploration company in the People's Republic of China that
---> is to be listed on the Shenzhen Stock Exchange.

This news release may contain forward-looking statements including but not limited to comments regarding the timing an
--->d content of upcoming work programs and the enhancement and expansion of operations. Forward-looking statements addres
--->s future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ mater
--->ially from those currently anticipated in such statements and Arian undertakes no obligation to update such statements
--->, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or  accuracy of this release.