Saguenay, February 16, 2010. The management of Arianne Resources Inc. (« Arianne » or « Company ») is pleased to announce drilling results from its Lac à 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.
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.