Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • Data Privacy
  • Français
  • my CNW 
    • Login
    • Register
  • Client Login 
    • Online Member Centre
    • Next Gen Communications Cloud
    • Cision Communications Cloud®
  • Sign Up
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
Advanced Search
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Canadian Federal Government
      • Canadian Municipal Government
      • Canadian Provincial Government
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

  • Advanced Search
  • Overview
  • Cision Communications Cloud®
  • Monitoring
  • Distribution
  • Multimedia
  • Guaranteed Paid Placement
  • AI Tools
  • IR
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media
  • Worldwide Offices
  • Hamburger menu
  • Cision Canada
  • Send a Release
  • FR
    • Phone

    • 877-269-7890 from 8 AM - 10 PM ET

    • ALL CONTACT INFO
    • Contact Cision

      877-269-7890
      from 8 AM - 10 PM ET

  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • Overview
  • Cision Communications Cloud®
  • Monitoring
  • Distribution
  • Multimedia
  • Guaranteed Paid Placement
  • AI Tools
  • IR
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media
  • Worldwide Offices
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR

Arianne announces a 13% increase in mineral resources (m+1)(1) located on the Paul Zone Français


News provided by

Arianne Phosphate Inc.

Oct 14, 2014, 07:00 ET

Share this article

Share toX

Share this article

Share toX

DAN: TSX-V (Canada)
JE9N: FSE (Germany)
DRRSF: OTC BB (USA)

SAGUENAY, QC, Oct. 14, 2014 /CNW/ - Arianne Phosphate (the "Company" or "Arianne") (TSX VENTURE: DAN) (FRANKFURT: JE9N) (OTCBB: DRRSF), a development-stage phosphate company advancing the Lac à Paul Project in Quebec's Saguenay-Lac-Saint-Jean region is pleased to report  an updated resource estimate on its Paul Zone has amounted to 668 million tonnes at 7.01% P2O5 with a 4.0% P2O5 cut-off grade in the measured & indicated category. In addition, the Company has also identified a new inferred resource on the Paul Zone of 38 million tonnes at 6.13% P2O5 at 4.0% P2O5 cut-off grade.(2) This updated resources estimate, provided by GoldMinds Geoservices Inc., shows a 13% increase in  measured and indicated resources (668 MT vs 590 MT) and  resulted from the 2014 winter drilling program on the Paul Zone (Pau-14-154 to Pau-14-160) and on its Western Extension (Pau-14-161 to Pau-14-169).

"The continued growth of our resource is very exciting" stated Jean-Sebastien David, COO of Arianne Phosphate.  "Of particular interest is the new resource shown in the Western Extension.  It is located near the surface and is a real positive for us since it could reduce our stripping ratio and thus our operating costs (OPEX).  Our team has been hard at work to define more mineralised targets near the Paul Zone so that we can achieve our stated goal of a 50 year mine life(3) at our world class Lac a Paul Project.  To this end, Arianne recently concluded a 3 000 meter diamond drilling campaign on the eastern extension of the Paul Zone."

Location of the drill holes and the zones is shown on the following figures.

Current Mineral Reserves

The Paul Zone is the main zone of the Phosphate Lac à Paul Project. According to the Company's Feasibility Study (released October 24, 2013), the Paul deposit alone currently has proven and probable reserves of 472 million tonnes of ore at 6.90% P2O5 (cut-off grade of 3.5% P2O5) and is projected to have a mine life of roughly 26 years. The mineral resource estimate (released March 7, 2013) which was used to establish these reserves reported 590 Mt of measured and indicated resources at 7.13% P2O5 with a cut-off grade of 4% P2O5.

Description of the Updated Mineral Resources

The updated mineral resources estimate on the Paul Zone and its Western Extension has been done using diamond drill holes (Pau-08-01 to Pau-14-169), fixed density of 3.42 T/m3, the LIDAR 3D topographic survey, high resolution airborne magnetic geophysical survey (HeliMAGerTM), completed in February 2014, and variables search ellipsoid, with a steeply dipping to the south, following the axes defined by the magnetic survey, using the first primary derivative for contact and extent. Note that the holes are not still surveyed. It will be done after the next campaign.

Mineral resources estimate 

Paul Zone + Western Extension

Density

P2O5 %

TiO2 %

Tons

Inferred

3.42

6.13

6.31

37 850 000

Indicated

3.42

6.83

7.25

348 150 000

Measured

3.42

7.19

7.63

320 550 000

Indicated + Measured

3.42

7.01

7.43

668 700 000

Mineral resource estimation of the Paul Zone and its Western Extension using a cut-off grade of 4% P2O5 *

Mineral resource estimate 

Paul Zone

Density

P2O5 %

TiO2 %

Tons

Inferred

3.42

5.69

5.78

28 600 000

Indicated

3.42

6.80

7.23

332 250 000

Measured

3.42

7.18

7.62

318 050 000

Indicated + Measured

3.42

6.99

7.42

650 300 000

Mineral resource estimation of the Paul Zone using a cut-off grade of 4% P2O5 *

Mineral resource estimate 

Western Extension

Density

P2O5 %

TiO2 %

Tons

Inferred

3.42

7.51

7.93

9 250 000

Indicated

3.42

7.53

7.77

15 900 000

Measured

3.42

8.29

8.14

2 500 000

Indicated + Measured

3.42

7.63

7.82

18 400 000

Mineral resource estimation of the Western Extension using a cut-off grade of 4% P2O5 *

* Note that tables above contain rounded numbers

Data used for the estimate:

  • One hundred sixty (160) diamond drill holes on Paul Zone (Pau-08-01 to Pau-14-160);
  • Total drilled length on Paul Zone of 40 902 meters;
  • 13 597 assay results for %P2O5, %TiO2, %SiO2, %Fe2O3, %AL2O3, %CaO, %K2O, %Na2O, %MnO & %MgO;
  • 14 008 deviation data; and,
  • 674 lithological description records.

  • Nine (9) diamond drill holes on Western Extension (Pau-14-161 to -169);
  • Total drilled length on Western Extension of 1 323 meters;
  • 420 assay results for %P2O5, %TiO2, %SiO2, %Fe2O3, %AL2O3, %CaO, %K2O, %Na2O, %MnO & %MgO;
  • 412 deviation data; and,
  • 52 lithological description records.

Parameters of the estimate are:

  • Composites of 3 meters;
  • The fixed density of 3.42, as for the  mineral resource estimation of 2013;
  • Rectangular blocks of 10mE x 10mN x 15mZ meters;
  • The Paul Zone is divided into two areas, the nelsonite area and the nelsonite combined with anorthositic gabbro area, the first being in the northern part and the second in the southern part of the deposit
  • Grades were estimated using inverse distance squared interpolation. For the Paul zone four (4) runs with the following parameters were used: runs one and two with a number of composites limited to fifteen (15) and to a minimum of 10 with a maximum of five (5) from the same drill hole. Passes three and four with a number of composites limited to fifteen (15) and to a minimum of five (5) with a maximum of five (5) from the same drill hole.
  • A variable direction search ellipsoid was used for the grade estimation. For run one (1) the search ellipse size is 150 x 150 x 50 meters; the search ellipses were identical for passes two (2) and three (3) 250 x 250 x 50; for the pass four (4) a larger ellipse was used  350 x 350 x 75m.
  • The classification parameters were for Paul Zone:
    • Measured with at least two (2) drill holes within a 75 x 75 x 30 m variable direction ellipse (for all categories). Minimum of 6 composites.
    • Indicated with at least two (2) drill holes in a 150 x 150 x 60 m variable direction ellipse. Minimum of 6 composites.
    • Inferred with a drill hole with five (5) composites in 350 x 200 x 90 m variable direction ellipse.
  • For the western extension of the Paul Zone, one single pass was run for the estimate using a variable direction search ellipse of 350 x 150 x 75 m with a number of composites limited to fifteen (15) and to a minimum of 10 with a maximum of five (5) from the same drill hole. Similar classification parameters were used as the Paul main deposit except for the ellipse of 60 x 60 x 30 m for Measured and 120 x 120 x 60 m for Indicated as early classification of Paul Zone mineral resources with a minimum of 8 composites for Measured and 6 for Indicated.

QA/QC procedures included blanks and standards are in line with expected values.

(1) Cautionary Statements: Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

(2) Cautionary Statements: Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. That it is uncertain if further exploration will result to upgrade this inferred resource at indicated and measured resource.

(3) Cautionary Statements: The 50 years target is conceptual in nature, that there has been insufficient exploration to define an indicated and measured mineral resource to that size and that it is uncertain if further exploration will result in the target being delineated as an indicated and measured mineral resource. The 50 years target is based on 472 Mt in reserve and other resources on the project (released 24 October 2013) and the other resources and potential targets (released May 15th and June 12th of 2014).

Mr. Claude Duplessis, ing. GoldMinds Geoservices Inc. Independent Qualified Person as per NI 43-101, has prepared the mineral resources with assistance of Mr. Merouane Rachidi Ph D. Geo. Mr Duplessis is responsible for the technical information presented in the release.

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

About Arianne Phosphate
Arianne Phosphate ("Arianne Phosphate Inc.") (www.arianne-inc.com) is developing the Lac à Paul phosphate deposits located approximately 200 km north of the Saguenay/Lac St. Jean area of Quebec, Canada. These deposits will produce a high quality igneous apatite concentrate grading 39% P2O5 with little or no contaminants. The Company has 92.9 million shares outstanding.

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.

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

Forward Looking Statements and Information

This news release contains "forward-looking statements" and "forward-looking information" within the meaning of applicable securities regulations in Canada and the United States (collectively, "forward-looking information"). The forward-looking information contained in this news release is made as of the date of this news release. Except as required under applicable securities legislation, the Company does not intend, and does not assume any obligation, to update this forward-looking information. Forward-looking information includes, but is not limited to, statements with respect to estimated mineral resources, anticipated effect of the completed drill results on the Project, and timing and expectations of future work programs. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects, "is expected", "budget", "scheduled", "estimates", forecasts", "intends", "anticipates", or "believes", or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", or "will" be taken, occur or be achieved. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.

Image with caption: "Figure I: Location of the drill holes done on the Paul Zone and its Western Extension during Winter 2014. (CNW Group/Arianne Phosphate Inc.)". Image available at: http://photos.newswire.ca/images/download/20141014_C1200_PHOTO_EN_6611.jpg

Image with caption: "Figure II: The Paul Zone and its Western and Eastern Extensions. (CNW Group/Arianne Phosphate Inc.)". Image available at: http://photos.newswire.ca/images/download/20141014_C1200_PHOTO_EN_6612.jpg

SOURCE: Arianne Phosphate Inc.

Contact Information: Source: Jean-Sébastien David, C.O.O., Tel: 418-549-7316, [email protected]; Info: Dino Fuoco, C.F.O., Tel: 514-945-9393, [email protected]; Media : Karyna Tremblay, Community Relations Coordinator, Tel. : 418-549-7316, [email protected]

Modal title

Organization Profile

Arianne Phosphate Inc.

    Also from this source

  • ARIANNE PHOSPHATE MAKES ANNUAL INTEREST PAYMENT ON ITS CREDIT FACILITY

  • ARIANNE PHOSPHATE NAMES PIERRE FITZGIBBON AS A STRATEGIC ADVISOR TO THE COMPANY

  • ARIANNE PHOSPHATE ENGAGES AUSTRALIAN-BASED INVESTOR RELATIONS FIRM

Contact Cision

  • 866-245-2317
    from 8 AM - 10 PM ET
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media

Products

  • Cision Communications Cloud®
  • Media Monitoring
  • Content Distribution
  • Multimedia Distribution
  • Measurement & Analytics
  • Investor Relations

About

  • About Cision Canada
  • About Cision
  • Media Partners
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Online Member Centre
  • Next Gen Communications Cloud
  • Cision Communications Cloud®
  • my CNW

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Centre
  • Next Gen Communications Cloud
  • Cision Communications Cloud
  • my CNW
877-269-7890
from 8 AM - 10 PM ET
  • Terms of Use
  • Information Security Policy
  • Site Map
  • Cookie Settings
  • Accessibility Statement
Copyright © 2025 CNW Group Ltd. All Rights Reserved. A Cision company.