Saguenay, May 8, 2012: Arianne Resources Management («Arianne» or the «Company») whishes to provide an update on the drillings that were conducted on its Lac-à-Paul phosphate project outside Paul Zone. Drillings were done in the Lise, Nicole, La Traverse and Lucie Sectors (see map: http://bit.ly/IjvAgU).
On March 20th 2012, the Company announced results for drillings in Paul Zone, which is now over 2 km in length. This winter, we did some exploratory drillings in new high potential sectors in order to validate our geological models and our field data. Those drillings were highly successful as significant phosphate mineralizations were found. Consequently, the resources growth potential on the property is not limited to the known zones such as Paul, Manouane and 2.
The following is a summary of recent discoveries:
Lise Sector – Drillings totaling 1,401 meters have been done in the Lise Sector which is located approx. 7 km south of Manouane Zone. Some re-sampling was also conducted on two ancient exploration drillings that were done at this site (LAP-09-05 et LAP-09-10). Lise Sector has now a known strike length of 1.1 km.
| Drilling No | % P2O5 | % TiO2 | Length (m) along the hole | From X m to Y m |
| Liz-11-01 | 4.94 | 5.82 | 65.6 | 3.4 to 69.0 |
| and | 7.42 | 6.36 | 12.6 | 95.0 to 107.6 |
| Liz-11-02 | 4.13 | 4.62 | 76.4 | 87.0 to 163.4 |
| including | 4.84 | 5.34 | 18.10 | 96 to 114.1 |
| Liz-11-03 | 5.50 | 3.65 | 131.1 | 1.2 to 132.3 |
| and | 3.93 | 4.39 | 60.60 | 41.4 to 102.0 |
| including | 4.90 | 6.52 | 13.35 | 67.4 to 80.75 |
| 6.60 | 6.37 | 15.60 | 86.4 to 102.0 | |
| Liz-11-04 | 5.34 | 7.11 | 14.10 | 3.2 to 17.30 |
| and | 4.92 | 6.29 | 124.15 | 83.85 to 208.0 |
| including | 5.42 | 6.41 | 48.15 | 83.85 to 132.0 |
| 5.37 | 7.21 | 62.60 | 145.4 to 208.0 | |
| Liz-11-05 | 4.55 | 6.06 | 21.3 | 1.8 to 23.1 |
| and | 5.05 | 5.84 | 96.5 | 68.5 to 165.0 |
| including | 6.45 | 8.32 | 27.35 | 68.5 to 95.85 |
| 6.64 | 7.34 | 30.65 | 110.35 to 141.0 | |
| Liz-11-06 | 5.14 | 5.77 | 92.5 | 123.9 to 216.4 |
| including | 5.40 | 6.37 | 60.6 | 123.9 to 184.5 |
| 5.84 | 6.11 | 21.6 | 194.8 to 216.4 | |
| Liz-11-07 | 4.86 | 5.93 | 14.0 | 130.0 to 144.0 |
| and | 3.7 | 4.21 | 92.85 | 183.15 to 276 |
| including | 5.05 | 5.88 | 51.0 | 183.15 to 234.15 |
| Lap-09-05 | 3.81 | 4.46 | 38.6 | 40.2 to 78.8 |
| including | 5.58 | 7.33 | 9.2 | 40.2 to 49.4 |
| 4.6 | 4.75 | 20.3 | 58.5 to 78.8 | |
| Lap-09-10 | 5.31 | 6.84 | 99.0 | 3.0 to 102.0 |
| including | 5.91 | 7.45 | 30.0 | 3.0 to 33.0 |
| 6.42 | 8.89 | 36.0 | 66.0 to 102.0 |
Nicole Sector – Results of the Nic-11-19 and 20 drillings are added to the 18 existing drilling results already conducted in the Nicole Zone (press release Dec 12, 2011). With those drillings, the known strike length of this sector is now 1.2 km.
| Drilling No | % P2O5 | % TiO2 | Length (m) along the hole | From X m to Y m |
| Nic-11-19 | 3.99 | 4.83 | 220.2 | 1.8 to 222.0 |
| Nic-11-20 | 3.75 | 4.53 | 201.7 | 5.3 to 207.0 |
| including | 4.51 | 5.83 | 52.0 | 5.3 to 57.3 |
| and | 4.47 | 4.75 | 27.1 | 132.7 to 159.8 |
| and | 4.01 | 4.8 | 38.6 | 168.4 to 207.0 |
La Traverse Sector – 6 drillings, totaling 954 meters were done in the La Traverse sector, which is located approx. 8 km south of Paul Zone. The known strike length is 500 meters.
| Drilling No | % P2O5 | % TiO2 | Length (m) along the hole | From X to Y m |
| Tra-11-01 | 6.61 | 8.12 | 91.8 | 3.1 to 94.9 |
| and | 3.71 | 4.45 | 26.8 | 108.2 to 135.0 |
| Tra-11-02 | 4.73 | 6.62 | 77.1 | 66.9 to 144.0 |
| including | 6.72 | 9.64 | 40.8 | 66.9 to 107.7 |
| Tra-11-03 | 4.90 | 6.38 | 131.6 | 3.4 to 135.0 |
| including | 5.03 | 7.36 | 41.6 | 3.4 to 45.0 |
| and | 5.51 | 6.45 | 22.95 | 49.85 to 72.8 |
| and | 5.57 | 7.13 | 44.0 | 87.0 to 131.0 |
| Tra-11-04 | 5.49 | 7.67 | 43.9 | 2.5 to 46.4 |
| and | 4.08 | 4.26 | 53.8 | 84.2 to 138.0 |
| including | 4.87 | 4.86 | 31.9 | 100.1 to 132.0 |
| Tra-11-05 | 5.12 | 5.86 | 128.1 | 3.2 to 131.3 |
| including | 6.66 | 6.87 | 63.9 | 3.2 to 67.1 |
| and | 5.46 | 7.21 | 41.0 | 90.3 to 131.3 |
| Tra-11-06 | 6.39 | 7.10 | 173.2 | 3.8 to 177.0 |
Lucie Sector – This sector is associated to one of the nicest and largest magnetic anomaly that can be found on the Lac-à Paul property (over 2 km long and more than 550 meters wide). 6 drillings, totaling 1,247 m, were done.
| Drilling No | P2O5 (%) | TiO2 (%) | Length (m) along the hole | From X m to Y m |
| LUC-12-01 | 4.72 | 5.39 | 235.20 | 21.30 to 256.5 |
| including | 6.23 | 7.44 | 50.40 | 21.30 to 71.70 |
| 6.36 | 6.90 | 71.00 | 16.00 to 232.00 | |
| LUC-12-02 | 5.10 | 5.64 | 122.10 | 40.50 to 162.60 |
| including | 6.47 | 7.20 | 46.80 | 40.50 to 87.30 |
| 6.46 | 7.23 | 27.10 | 135.50 to 162.60 | |
| LUC-12-03 | 5.10 | 6.17 | 250.00 | 29.00 to 279.00 |
| including | 6.13 | 7.20 | 141.80 | 115.00 to 256.80 |
| LUC-12-04 | 5.41 | 6.17 | 45.30 | 42.00 to 87.30 |
| LUC-12-05 | 4.07 | 5.33 | 92.30 | 57.70 to 150.00 |
| including | 5.90 | 7.11 | 14.90 | 57.70 to 72.60 |
| 5.41 | 7.29 | 39.50 | 110.50 to 150.00 | |
| LUC-12-06 | 4.16 | 3.88 | 173.50 | 8.40 to 181.90 |
| including | 6.19 | 5.68 | 34.20 | 14.60 to 48.80 |
| 5.41 | 4.76 | 48.10 | 76.80 to 124.90 |
Mr. Daniel Boulianne, Geo, qualified person under NI 43-101, has reviewed the contents of this press release.
Canada Phosphate (www.canadaphosphate.com) is the wholly owned subsidiary of Arianne Resources developing the Lac à Paul phosphate-titanium deposits. These deposits should produce a high quality igneous apatite concentrate grading 39% P2O5 with little or no contaminant. Arianne (www.arianne-inc.com) is a Canadian exploration company whose primary mission is to explore and develop gold, silver and other metal deposits in Canada and Mexico. The Company has 67 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.
Source: Bernard Lapointe, CEO Tel: (418) 549-7316 bernard@arianne-inc.com
Info: Jim Cowley, President Tel: (801) 599-3789 jim@arianne-inc.com Louis Morin, Investors Relations Tel: (514) 845-1101 lmorin@thebidcapitalmarkets.com
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