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SAGUENAY, QUEBEC--(Marketwire - Oct. 23, 2012) - The management of Arianne Resources Inc. ("Arianne" or the "Company") (News - Market indicators)(FRANKFURT:JE9N)(OTCBB:DRRSF) is pleased to report the latest results from drill holes completed on the Paul Zone in the summer of 2012.

This drilling was completed to confirm the presence of additional resources within the Paul Zone itself in order to increase the mine life (see March 20 and September 5, 2012 press releases). The following figure (see link http://bit.ly/TwgJUZ) shows the mineralized envelope defined using all the results obtained from all holes drilled in the Paul Zone. The new envelope is considerably larger than the mineralized envelope defined by the drilling results used for the November 2011 resource estimate, when only 48 drill holes were used, compared to the 123 holes now available.

New drilling is currently underway. Most of the additional drill holes were collared in the west part of the Paul Zone. Results from additional definition drilling will be available in early 2013 and will be included in the new resource estimate to be used in the Bankable Feasibility Study currently underway.

The table below lists drill intersections along core lengths:

Drill hole #	% P₂O₅	% TiO₂	Core length (m)	From X to Y (m)
Pau-12-98	7.46	7.27	390.0	12.0 to 402.0
including	10.28	9.63	208.3	193.7 to 402.0
Pau-12-99	5.22	5.49	278.0	138.0 to 416.0
including	7.68	7.52	44.8	222.0 to 266.8
and	9.36	9.03	35.0	381.0 to 416.0
Pau-12-100	4.54	5.17	231.0	267.0 to 498.0
including	6.42	7.97	54.0	444.0 to 498.0
Pau-12-101	10.32	11.57	8	429.0 to 437.0
Extension of Pau-11-54
Pau-12-102	3.96	4.41	155.0	155.8 to 310.8
including	6.42	7.97	54	444.0 to 498.0
Pau-12-103	4.21	4.90	75.9	3.5 to 79.4
Pau-12-104	5.88	5.77	281.7	57.3 to 339.0
including	8.36	5.92	27.8	192.0 to 219.8
and	8.03	8.03	106.5	232.5 to 339.0
Pau-12-105	5.18	5.35	225.1	165.0 to 390.1
including	6.00	6.11	141.1	249.0 to 390.1
including	7.00	7.63	51.4	338.7 to 390.1
Pau-12-106	4.00	4.45	180.0	222.0 to 422.0
including	4.65	4.94	114	222.0 to 336.0
and	7.39	7.27	21.8	269.8 to 291.6
Pau-12-107	5.47	10.9	85.4	3.0 to 88.4
including	7.85	12.4	39.0	3.0 to 42.0
Pau-12-108	Out of the zone
Pau-12-109	5.71	6.84	441.4	3.0 to 444.4
including	7.24	9.96	203.9	240.5 to 444.4
Pau-12-110	9.88	11.05	131.5	9.5 to 141.0
Pau-12-111	9.36	10.18	282.85	4.90 to 287.75
Pau-12-112	4.33	5.13	415.7	4.3 to 420.0
including	6.59	8.57	155.4	264.6 to 420.0
Pau-12-113	6.80	7.10	429.65	14.35 to 444.0
including	7.95	8.44	285.0	159.0 to 444.0
Pau-12-114	4.70	5.31	487.0	3.0 to 490.0
including	7.10	8.01	222.0	268.0 to 490.0
Pau-12-115	7.78	9.07	135.8	7.0 to 142.8
Pau-12-116	6.57	9.75	138.0	279.0 to 417.0
Extension of Pau-09-30
Pau-12-117	6.32	5.86	399.5	3.0 to 402.5
including	7.88	7.28	274.6	127.9 to 402.5
Pau-12-118	7.31	9.91	190.1	6.1 to 196.2
Pau-12-119	5.99	9.13	106.5	2.5 to 109.0
Pau-12-120	5.98	7.01	81.0	279.0 to 360.0
Pau-12-121	6.74	11.62	258.0	165.0 to 423.0
Pau-12-122	5.14	4.67	336.6	2.40 to 339.0
including	6.42	5.65	194.6	144.4 to 339.0
Pau-12-123	8.13	7.73	232.1	149.9 to 382.0

Mr. Daniel Boulianne, P.Geo., Qualified Person as per NI 43-101, has approved this press release.

Arianne Resources (www.arianne-inc.com) through its wholly owned subsidiary Canada Phosphate (www.canadaphosphate.com) owns and is developing the Lac à Paul phosphate-titanium deposit that produces a superior grade apatite concentrate grading close to 39% P₂O₅. The Company currently has 69 M shares issued.

Follow Arianne on:

Facebook: http://www.facebook.com/pages/Arianne-Resources-Inc/113071105425184

Twitter: http://twitter.com/arianne_dan

YouTube: http://www.youtube.com/user/ArianneResources

Flickr: http://www.flickr.com/photos/arianneresources

Resource Investing News: http://resourceinvestingnews.com/?s=Arianne

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.

Source:
Bernard Lapointe, CEO
(418) 549-7316
bernard@arianne-inc.com
or
Info:
Jim Cowley, President
(801) 599-3789
jim@arianne-inc.com
or
Louis Morin, Investor Relations
(514) 845-1101
lmorin@thebidcapitalmarkets.com

Arianne Phosphate Inc.

	EXPLORATEUR
	CODE : DAN.V
	ISIN : CA04035D1024
	CUSIP : 04033

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Arianne Phosphate est une société d’exploration minière basée au Canada.

Arianne Phosphate détient divers projets d'exploration au Canada et au Mexique.

Ses principaux projets en exploration sont HÉVA EST, MIREPOIX, OPINACA, PENARROYA - BROUILLANT, LAC A PAUL, MASSICOTTE GROUP et R-14 au Canada et EL REY PROPERTY au Mexique.

Arianne Phosphate est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 25,9 millions CA$ (18,9 millions US$, 17,7 millions €).

La valeur de son action a atteint son plus bas niveau récent le 02 janvier 2009 à 0,02 CA$, et son plus haut niveau récent le 16 septembre 2011 à 2,48 CA$.

Arianne Phosphate possède 97 650 000 actions en circulation.

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