Mariana Resources appointed Mustafa Aksoy and Ron Ho to the Board as Non-Executive Directors

– GUERNSEY, St Martin – Mariana Resources Ltd (AIM:MARL), the AIM listed exploration and development company with projects in Turkey and South America, announces that it is strengthening its relationships with Lidya Mining and Sandstorm Gold by appointing Mustafa Aksoy from Lidya and Ron Ho from Sandstorm Gold as non-executive directors to the Mariana Board, effective 5 July 2016.

These appointments come at a time when Mariana is evolving from a pure junior exploration company, listed on AIM, to a dynamic entrepreneurial precious metals company with a focused strategy of progressing economically exciting projects up the development curve.

Chief Executive Officer, Glen Parsons, today commented: “Mariana is moving into exciting times as it effectively transitions from being a penny stock to one of substance. As Mariana grows we strongly believe in maintaining robust and open relationships with our partners and, with this in mind, we have strengthened our Board through the appointment of Mustafa Aksoy the Managing Director of Lidya. Lidya is the current 70% owner and operator of the high grade Hot Maden gold-copper project in north eastern Turkey.

“We also welcome Ron Ho, Vice-President Finance at Sandstorm Gold. Sandstorm recently participated in the Company’s private placing and now has a 7.5% interest in Mariana.

“My Board and I are delighted to have both Mustafa and Ron join the Mariana team at such an exciting growth phase. We believe they will bring siginifcant experience and knowledge to the table and warmly welcome them to Mariana.”

Abou Mustafa Aksoy

Mustafa Aksoy has close to 20 years working experience in Banking, Corporate Finance, M&A, Business Development and Management. Having worked in two Turkish banks as an auditor, Mustafa joined Çalik Holding in 2004 and worked in various business lines of the Group. Since 2010 he has been a Board Member and the Managing Director of Lidya Mining. Under his watch, the Company emerged as one of the best performing development teams in Turkey with multiple significant discoveries. He has overseen the transition of Lidya from being an investor to becoming an operator of multiple mines. Mustafa studied Public Administration in Turkey and holds a MBA from Antwerp University in Belgium.

About Ron Ho

Ron Ho has been with Sandstorm Gold for the past seven years, focused on structuring mine financing transactions and corporate development. Prior to Sandstorm, he served as the Chief Financial Officer for SNS Silver Corporation, where he contributed to equity capital raises and project evaluation and development and was an Equity Analyst at Raymond James Ltd. where he was responsible for sector institutional research. Mr Ho began his career at Deloitte & Touche, focusing on public company financial reporting in both the U.S. and Canada. Mr Ho is a Chartered Accountant, holds the designation of Chartered Financial Analyst charter holder and received a Bachelor of Commerce from the University of British Columbia.

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