DAN: TSX-V (Canada)
JE9N: FSE (Germany)
DRRSF: OTC BB (USA)
SAGUENAY, QC, Feb. 12, 2014 /CNW/ - Arianne Phosphate (the "Company" or
"Arianne") (TSX VENTURE: DAN) (FRANKFURT: JE9N) (OTCBB: DRRSF) is
pleased to announce that an additional test program for the Paul Zone
phosphate ore is currently under way at COREM, Quebec. A 120-tonne bulk
sample of ore was delivered to COREM in late 2013. The tests will
continue through spring 2014, and will allow several additional
pilot-scale testing campaigns.
The goal of this additional work is to finalize the process flow sheet,
which will enable Arianne to start detail engineering in H2 2014. The
planned tests will also allow Arianne to analyze new lower cost reagent
suites, and in addition allow final sizing and type selection of the
process equipment to optimize the excellent performance of our current
metallurgical process.
Earlier tests performed at Corem on ore from the Paul Zone were very
positive and had already confirmed the potential of column flotation
for obtaining a phosphate concentrate (apatite) containing about 39% P2O5 with a recovery rate of 90% (see press release of May 21, 2013).
According to Brian Kenny, Chief Executive Officer of the Company, "After
the excellent performance of metallurgical tests at COREM in early
2013, our goal is to optimize ore processing. This will allow us to
begin detail engineering later this year, and we are confident the
results will further improve the outstanding quality of our world-class
Lac à Paul project."
In other news, Arianne announces that Mrs. Nadège Tollari has stepped
down as Vice-President, Business Affairs in order to pursue other
opportunities. The Company would like to thank Mrs. Tollari for her
many years of service and wishes her the best of luck on her future
endeavours.
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 85.2 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, anticipated effect of the additional
metallurgical tests 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.
SOURCE Arianne Phosphate Inc.
