SAGUENAY, QUEBEC--(Marketwire - Feb. 16, 2010) - The management of Arianne Resources Inc. ("Arianne" or "Company") (TSX VENTURE:DAN)(FRANKFURT:JE9N)(OTCBB:DRRSF) is pleased to announce drilling results from its Lac a Paul phosphate/titanium property located in Quebec, Canada.
This campaign included 18 drill holes for a total of 3,590 metres (PAU-09-14 to PAU-09-31) and took place exclusively on the Paul Zone. The objective was to upgrade a section of the inferred resources of this zone (99.3 Mt of ore grading 7.84% P2O5 and 8.24% TiO2) into indicated resources. A compilation of assay results shows that the mineralized zone reaches a minimal vertical depth of 240 m and remains open at depth. The drill holes intersections are presented in the following table.
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Length of
drill hole Grades
including ------------- Length of intersection
HOLE overburden P2O5 TiO2 along the hole
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PAU-09-14 171 m. 8.74% 8.33% over 64.45 m. (from 48.55 to 113
m.)
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PAU-09-15 174 m. 5.64% 6.55% over 96 m. (from 3 to 99 m.)
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PAU-09-16 201 m. 7.06% 7.38% over 151.5 m. (from 42 to 193.5
m.)
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PAU-09-17 174 m. 6.67% 5.59% over 84 m. (from 3 to 87 m.)
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PAU-09-18 192 m. 5.19% 6.01% over 189 m. (du debut to 192 m.)
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PAU-09-19 201 m. 8.39% 8.66% over 195 m. (from 6 to 201.0 m.)
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PAU-09-20 249 m. 8.19% 9.45% over 117 m. (from 132 to 249 m.)
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PAU-09-21 183 m. 4.90% 4.96% over 89.8 m. (from 80.7 to 170.5
m.)
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PAU-09-22 69 m. 6.53% 6.41% over 61 m. (from 8 to 69 m.)
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PAU-09-23 177 m. 1.54% 1.65% Outside the Zone
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PAU-09-24 198 m. 5.26% 4.58% over 192 m. (entire drill hole)
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PAU-09-25 279 m. 7.44% 7.23% over 273 m. (from 6 to 279 m.)
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PAU-09-26 279 m. 8.29% 8.37% over 180 m. (from 12 to 192 m.)
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PAU-09-27 132 m. 6.91% 11.26% over 105m. (from 12to 117 m.)
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PAU-09-28 92 m. 6.35% 9.87% over 83 m. (from 9 to 92 m.)
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PAU-09-29 279 m. 7.53% 9.58% over 231 m. (from 30.6 to 261.6
m.)
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PAU-09-30 279 m. 5.87% 6.91% over 99.7m. (from 11 to 110.7 m.)
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6.06% 8.64% over 157.6 m. (from 121.4 to 279
m.)
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PAU-09-31 261 m. 8.76% 11.01% over 231.1 m. (from 14.9 to 246
m.)
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Total: 3590 m.
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SGS Geostat Inc. will update the resource estimate of the Paul Zone.
Arianne Resources is a Canadian mining exploration company with the mission to explore and develop gold, silver and phosphate/titanium deposits in Canada and Mexico. The Company has less than 26 M shares outstanding. Investors can visit our website at www.arianne-inc.com.
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.
