Arianne Phosphate Inc.

Published : February 12th, 2009

Arianne Resources Press Release

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February 12, 2009
Arianne Resources - Press Release


Arianne Reports Promising Results From the El Rey Property in Mexico


SAGUENAY, QUEBEC - (Feb. 12, 2009) - Arianne Resources Inc (TSX VENTURE:DAR) (FRANKFURT:JE9) (OTCBB:DARUF) ("Arianne " or the "Company") previously announced on August 21, 2008, the filing of a preliminary prospectus in order to list its subsidiary Oroplata Exploration inc. ("Oroplata") on the TSX Venture Exchange. The financial crisis happened shortly after and the Company could not complete the IPO for Oroplata. Arianne wishes to inform its shareholders that it is actively working on Oroplata's financing and confirms that the Oroplata share distribution dividend will take place as soon as market conditions improve. Oroplata owns two mining properties in Mexico including El Rey that contains historical resources in gold and silver.

2008 exploration results from El Rey, Sinaloa, Mexico : Following an IP geophysical survey and recent field works, Oroplata is pleased to announce the presence of a highly anomalous zone located in the North-West sector of the survey grid. The anomalous sector covers an area of 100,000 square metres and shows a magnetic relief generally flat to moderate. It is constituted of many PP anomalies of moderate intensity that could be oriented NW-SE to W.SW-E.NE, that will require more definition. To this day, this zone remains open in the west part of the survey grid (http://www.arianne-inc.com/fichiers/oroplata_overview.pdf)

On surface, the anomalous area is linked to a highly silicified and clayed zone that has not been drill tested. It's located on strike to the west to the Mina los Copales where previous works outlined the gold and silver artisan mines of La Blanca and Los Copales.

For example, the average grades of 17 rock samples in 1992 from the La Blanca level returned 10.9 g/t Au and 110.8 g/t Ag. The average grades of 15 rock samples from the Los Copales level returned 5.1 g/t Au and 113.5 g/t Ag while an additional 10 samples from the Los Cuates level returned on average 9.3 g/t Au and 74.9 g/t Ag. 12 samples extracted between the Los Copales and El Ebano levels returned on average 9.9 g/t Au and 288 g/t Ag while 5 additional samples located between the La Blanca and Los Perritos levels returned on average grades of 6.8 g/t Au and 64.3 g/t Ag. These results are historical results that are not compliant with NI 43-101.

The additional surface rock sampling that took place in 2007 and 2008, returned similar grades to those historical results near the previous artisan exploitation. Three samples returned average grades of 3.25 g/t Au and 100.66 g/t Ag near the Los Copales level while near the Los Cuates and El Ebano levels, two series of 8 and 5 samples returned average grades of 2.7 g/t Au and 9.5 g/t Ag and 1.72 g/t Au and 50 g/t Ag. Finally, the average grades of 4 samples located near the Los Perritos level returned 4.84 g/t Au and 33.25 g/t Ag. The assays were performed with the fire assay method followed by a gold and silver determination by Atomic Absorption Spectrometry at Mineraleslab of Mazatl�n, Mexico (http://www.mineraleslab.com).

The samples extracted from the surface from the silicified and clayed zone within the IP anomalies returned only weak anomalous grades below 100 ppb for gold and 10,000 ppb for silver. "According to our projected model for the formation of this deposit (Low-Sulphidation Epithermal System), this zone would correspond to the silica hat that takes form on top of the mineralized zone. This silicified rock does not generally bear gold and silver mineralization. The gold and silver zones are located more in depth under this hat." commented Mr. Bernard Lapointe, Geo. and CEO of the Company. "It is clear that the El Ray property shows a lot of potential. The sector where the IP anomalies are located correspond to this silicified zone. Also, it is oriented in a parallel axis to a fault system that links another silicified zone located 300 metres South. Drill hole ER-17 (Cie Exploraciones Eldorado, Mexico, S.A. de C.V.), located within the alteration envelope of this zone, returned gold grades of 1.0 g/t Au on 18 metres along the hole. This intersection confirms the model that the 2008 exploration campaign outlined. This new target is exciting and we are eager to drill test it."

Finally, cyanidation recovery tests on the ancestral mine between the Los Copales and La Blanca levels returned excellent results with a recovery of 98%. It seems that this type of ore can fit any type of direct cyanidation: Merrill-Crowe, CIP and heap leaching. Easy access to the property as well as the proximity of infrastructures will facilitate this type of particularly economic exploitation. These tests were performed at Laboratoire LTM Inc. of Val d'Or, Quebec, Canada.

Arianne Resource is a Canadian mining exploration company with the primary mission to explore, find and develop gold and phosphorous deposits in Canada and in Mexico. The content of this press release has been prepared by Mr. Bernard Lapointe, geo.., Qualified Person according to NI 43-101.

We would like to put to your attention that a new link was created on our website with StockResearchPortal.com. By clicking on this link on www.arianne-inc.com , in the useful links section, you can access Arianne's public information including updates on insider information, moving averages, price volatility, performance tables, expert comments and more. This information is free and available to you.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:
Arianne Resources Inc.
Mr. Bernard Lapointe
CEO
418-549-7316
Fax: 418-549-5750
bernard@arianne-inc.com

or

Arianne Resources Inc.
Mr. Norman Forrest
Vice-president - Corporate
450-736-0453
norman@arianne-inc.com

   
   
FEATURED LINKS

Arianne Resources Web Site

Arianne Resources IR HUB


   


Contact Us

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Gold and Silver Prices for these countries : Canada | Mexico | All

Arianne Phosphate Inc.

EXPLORATION STAGE
CODE : DAN.V
ISIN : CA04035D1024
CUSIP : 04033
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Arianne Phosphate is a exploration company based in Canada.

Arianne Phosphate holds various exploration projects in Canada and in Mexico.

Its main exploration properties are HÉVA EST, MIREPOIX, OPINACA, PENARROYA - BROUILLANT, LAC A PAUL, MASSICOTTE GROUP and R-14 in Canada and EL REY PROPERTY in Mexico.

Arianne Phosphate is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 26.9 millions as of today (US$ 19.5 millions, € 18.3 millions).

Its stock quote reached its lowest recent point on January 02, 2009 at CA$ 0.02, and its highest recent level on September 16, 2011 at CA$ 2.48.

Arianne Phosphate has 97 650 000 shares outstanding.

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Annual reports of Arianne Phosphate Inc.
Annual Report 2006
Financings of Arianne Phosphate Inc.
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4/6/2011Ressources d'Arianne Announces Private Placement
9/30/2008Completes the Closing of the Second and Last Tranche of Priv...
9/19/2008Completes First Tranche of Private Placement
Option Grants of Arianne Phosphate Inc.
5/13/2011Arianne Modifies Stock Option Plan
8/22/2008Increases Previous Stock Options Price to $0.10
Nominations of Arianne Phosphate Inc.
1/13/2009Appointment of Nadege Tollari
2/25/2008Appoints Alain Vachon to the Board of Directors
Financials of Arianne Phosphate Inc.
4/6/2015Reports Financial Results for Q4 and YE 2014
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Project news of Arianne Phosphate Inc.
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10/14/2014Arianne announces a 13% increase in mineral resources (m+1)(...
7/16/2014Arianne announces TraMan Zone mineral resource estimate(1) o...
6/22/2011(Lac A Paul)Lac a Paul Project: Manouane Zone Drilling Extends Mineraliz...
4/19/2011(Lac H)Acquires Ressources D'Arianne's Majority Interests in the Ja...
3/9/2011(Lac A Paul)Arianne Resources Inc.: Manouane Zone Drilling Campaign Begi...
3/3/2011(Lac A Paul)Arianne Resources/Recent Results of the Zone Paul Drilling C...
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2/12/2009(El Rey Property)Arianne Resources Press Release
1/15/2009(Lac A Paul)Arianne Resources Press Release
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Corporate news of Arianne Phosphate Inc.
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5/25/2016Arianne Phosphate Reports Q1 2016 Financial Results
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12/22/2015Arianne Phosphate Receives Ministerial Decree for Its Lac à ...
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4/9/2015Arianne Phosphate Provides Update on the Permitting Process ...
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10/29/2014Arianne Phosphate Receives The Award E3 Plus From The Quebec...
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7/12/2013Arianne Arranges $ 7.5 Million in Financing
6/26/2013Brian Kenny Appointed CEO of Arianne Phosphate
6/18/2013Dominique Bouchard Joins Arianne Phosphate's Board
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5/21/2013Arianne Phosphate: Pilot-Scale Metallurgical Test Confirms 3...
5/6/2013Arianne Resources Inc.: Filing of Annual Meeting Materials a...
4/23/2013Arianne Resources Inc./The Technical Report NI 43-101 is Fil...
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9/25/2012Arianne Resources Inc.: Pierre Lortie Appointed Chairman of ...
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4/19/2011Arianne Sells the Majority of its James Bay Interest to Virg...
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9/15/2009Arianne Resources Press Release
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6/16/2009Shareholders Approve All Resolutions at the June 11 Sharehol...
6/5/2009Special Annual Meeting of Arianne's Shareholders
5/27/2009Coniagas to Option Lithium Property from d'Arianne
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8/21/2008Provide Update on the Spin-Off of its Mexican Assets
8/18/2008Arranges Financing With Northern Securities
7/3/2008Update on the Phosphorus (P2O5)-Titanium (TiO2) Project
6/19/2008Starts Exploration on the Natashquan and Havre-Nord Projects
6/13/2008Resumes Work on the Opinaca Project, James Bay
6/5/2008Arianne Starts Drilling on La Dauversiere
5/28/2008Completes a $139,500 Financing With SDBJ
5/16/2008 'Beyond The Press Release' Interview
5/12/2008Announces the Spin-Off of its Mexican Assets
5/5/2008Yahoo Finance Interview
4/30/2008El Rey Property, Mexico
2/5/2008Starts Exploration on Its Mexican Properties
1/21/2008Increases Options Available Under Stock Option Plan
1/15/2008 Starts Drilling on the Opinaca Property, James Bay
11/15/2007Drills Confirm Continuity of Uranium Mineralization at Area ...
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TSX-V (DAN.V)FRANKFURT (JE9N.F)
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