SAGUENAY, QUEBEC--(Marketwire - Oct. 22, 2009) - The management of Arianne Resources Inc. ("Arianne" or "Company") (TSX VENTURE:DAN) (FRANKFURT:JE9N) (OTCBB:DRRSF) is pleased to announce the start of its second definition drilling campaign on one of the Lac a Paul deposits in Quebec, Canada. This 3,500-meter campaign will take place on the Paul Zone where inferred resources of 99 Mt at 7.84% P2O5 and 8.24% TiO2 have been previously announced. The goal of this program is to upgrade part of the inferred resource to an indicated resource and to test the lateral extensions of the deposit.
The Scoping Study is ongoing and should be disclosed in early November. Uncontrolable circumstances delayed its completion. Shareholders are invited to meet with Arianne's management at the Fairmont Chateau Frontenac in Quebec City at the 2009 Quebec Exploration convention on November 23-26. A presentation regarding the Lac a Paul phosphorus-titanium project will take place on November 25 in the afternoon. Arianne wants to position the Lac a Paul ignated deposits as some of the most promising in North America and the world.
Regarding the 2009 summer exploration campaign, the magnetometric survey that took place on the Nicole Zone outlined a new area of interest that covers an area of 2,000 metres by 500 metres. It contains important anomalies with a similar magnetic signature as the rocks seen on the Paul Zone. A re-interpretation of all the available magnetic data from the Paul, Nicole and Manouane Zones are underway.
As for the ten exploration drill holes completed in other sectors of the property, four of those returned significant mineralization in phosphorus and titanium. The best intersections were in drill hole LPA-09-10 where grades of : 5.82 % P2O5 and 7.28 % TiO2 (31.30% Fe2O3) over 33 metres (from 3m to 36m) and 7.09 % P2O5 and 8.14 % TiO2 (38.36% Fe2O3) over 36 metres (from 66m to 102m) along the drill hole. These results confirm the exciting potential of this property.
Arianne Resources is a Canadian exploration company with the mission to explore and develop gold, silver and phosphorus-titanium deposits in Canada and Mexico. The Company has less than 22 million shares issued and outstanding and a 2009 exploration budget of $1,600,000. Investors can visit our website at www.arianne-inc.com. The content of this press release was prepared by Mr. Bernard Lapointe, Geo., Qualified Person under National Instrument 43-101.
Neither 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.
CONTACT INFORMATION:
Source:
Arianne Resources Inc.
Mr. Bernard Lapointe, CEO
418-549-7316
Fax: 418-549-5750
bernard@arianne-inc.com
or
For info:
Arianne Resources Inc.
Mr. Norman Forrest, Director
450-736-0453
norman@arianne-inc.com
http://www.arianne-inc.com
