Arianne Resources/Lac a Paul Project: The Measured and Indicated Resources for the Paul Zone Increase to 590 Million Metric

Arianne Resources/Lac a Paul Project: The Measured and Indicated Resources for 
the Paul Zone Increase to 590 Million Metric Tons 
SAGUENAY, QUEBEC -- (Marketwire) -- 03/07/13 -- The management of
Arianne Phosphate ("Arianne" or the "Company") (TSX
VENTURE:DAN)(FRANKFURT:JE9N)(OTCBB:DRRSF) is pleased to announce that
the updated mineral estimate for the Paul Zone amounts to 590 million
metric tons (Mt) of measured and indicated resources. This National
Instrument 43-101-compliant resource calculation conducted by
GoldMinds Geoservices Inc., in cooperation with Arianne personnel,
provides an updated estimate of the resources present in the Paul
Zone, which is the main zone of the Lac a Paul phosphorus mining
project, Saguenay-Lac-St-Jean, Quebec.  
The updated mineral resource estimate incorporates the results of
drilling programs undertaken during the last quarter of 2011
(December 12, 2011, press release) and in 2012 (March 20, September 5
and October 23, 2012, press releases) on the lateral and depth
extensions of the Paul Zone. This update includes 105 new drill
holes. In total, 153 holes, totalling 39,371 metres, have now been
drilled on the Paul Zone. The highlights are: 


 
--  For this disclosure of resources, a cut-off grade of 4.0% P2O5, instead
    of 2.43% P2O5 in 2011, was used. 
    
--  Although the cut-off grade is higher, the measured and indicated
    resources of the Paul Zone have increased by 221% compared to the last
    estimate released in 2011. 
    
--  The measured and indicated mineral resources (M+I) of the Paul Zone
    amount to 590.24 Mt at 7.13% P2O5. 
    
--  The mineral resource estimate was calculated according to NI 43-101. 
    
 
                                                                            
                                                                            
              Comparison of the Paul Zone's Mineral Resources               
            (March 2013 versus November 2011 resources estimates)           
                                                                            
----------------------------------------------------------------------------
                                    March 2013                 November 2011
Resources           (cut-off grade: 4.0% P2O5)  
 (cut-off grade: 2.43% P2O5)
                ------------------------------------------------------------
                   Tonnage (Mt)          Grade   Tonnage (Mt)          Grade
                               ---------------               ---------------
                                        % P2O5                        % P2O5
----------------------------------------------------------------------------
Measured (M)             336.76           7.22          22.10           6.82
----------------------------------------------------------------------------
Indicated (I)            253.48           7.02         161.80           7.10
----------------------------------------------------------------------------
Total (M+I)              590.24           7.13         183.90           7.07
----------------------------------------------------------------------------
Inferred                   9.81           5.89          50.30           6.61
----------------------------------------------------------------------------
Update of mineral resources effective: March 7, 2013                        
Mineral resources that are not mineral reserves have no demonstrated        
economic viability.                                                         

 
Other mineral resources of the Lac a Paul mining property  
In addition to the mineral resources present in the Paul Zone, NI
43-101-compliant resources have already been estimated for Zones 2
and Manouane in the Lac a Paul property. These resources, released in
November 2011 in the NI 43-101 technical report by SGS Geostat, have
not been updated because no additional drilling has been carried out
on these zones since 2011. They are summarized as follows: 


 
                                                                            
          Other mineral resources in the Lac a Paul mining property         
                                                                            
----------------------------------------------------------------------------
                                 Manouane Zone                        Zone 2
Ressources         (cut-off grade: 2.43% P2O5)   (cut-off grade: 2.43% P2O5)
                ------------------------------------------------------------
                   Tonnage (Mt)          Grade   Tonnage (Mt)          Grade
                               ---------------               ---------------
                                        % P2O5                        % P2O5
----------------------------------------------------------------------------
Measured (M)             136.90           5.93              -              -
----------------------------------------------------------------------------
Indicated (I)             26.90           5.64              -              -
----------------------------------------------------------------------------
Total (M+I)              163.80           5.88              -              -
----------------------------------------------------------------------------
Inferred                                                64.00           4.55
----------------------------------------------------------------------------
Update of mineral resources effective: November 7, 2011                     
Mineral resources that are not mineral reserves have no demonstrated        
economic viability.                                                         

 
Parameters used for resource estimation and classification: 


 
--  The resources include blocks tabulated above 4.00% P2O5; this new cut-
    off grade was applied to show the robustness of the resource; the
    Feasibility Study underway will determine the exact cut-off grade 
    
--  Model with 10 mE x 5m N x 10 mZ blocks 
    
--  The model extends from 373,100 to 376,200 m E, 5,528,850 to 5,529,900 m
    N and 550 to 100 Z, 450 being the surface perpendicular to the deposit 
    
--  Average density of 3.42 t/m3; additional measurements are underway to
    use a variable density in the final feasibility study 
    
--  3 m composites 
    
--  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 an inverse distance squared interpolation in
    3 passes with the following parameters: pass 1 with the number of
    composites limited to 12, a minimum of 4 and a maximum of 3 from the
    same drill hole; the estimate for pass 2 was carried out with the number
    of composites limited to 12, a minimum of 3 and a maximum of 3 for the
    same drill hole; the estimate for pass 3 was carried out with the number
    of composites limited to 12, a minimum of 3 and a maximum of 3 for the
    same drill hole; the search ellipses were identical for pass 1 and pass
    2, while pass 3 used a larger ellipse; the first ellipse in the eastern
    sector measured 250 x 150 x 50 m with the long axis oriented 112 degrees
    north and the intermediate axis dipping 80 degrees southwest
    (subvertical); the second ellipse measured 350 x 150 x 75 m and was
    oriented 102 degrees and dipped 70 degrees; in the western sector, the
   
 same measurements were used for the first pass with the long axis
    oriented 90 degrees north and the intermediate axis dipping 70 degrees
    south 
    
--  Major intrusions were eliminated from the model while minor intrusions
    were included in the model as dilution 
    
--  The block model was cut by the rock/overburden interface 
    
--  The classification parameters were measured with at least two drill
    holes within a 70 x 70 x 35 m ellipse oriented, for all categories, 102
   degrees north with the intermediate axis dipping 70 degrees southwest
    (subvertical) and indicated with at least two drill holes in a 140 x 140
    x 70 m ellipse and a drill hole with 3 composites in 350 x 200 x 90 m 
    
--  A QA/QC program was followed to monitor laboratory analytical results

 
Mineral reserves 
The update of the Paul Zone's mineral resources does not affect
current mineral reserves for the Manouane and Paul zones which are
mentioned in the Updated Pre-Feasibility Study conducted by Met-Chem
Canada Inc. in 2012. They are still as follows: 


 
                                                                            
               Mineral reserves of the Paul and Manouane zones              
                  in the mining property of the Lac a Paul                  
                        (Cut-off grade at 2.43% P2O5)                       
                                                                            
Categories of           Tonnage                         Waste      Ore/Waste
 Reserves                  (Mt)       P2O5 (%)           (Mt)          Ratio
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Paul Zone                                                                   
Proven                     21.4          6 .85                              
Probable                  140.3           7.21                              
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Subtotal                  161.7           7.16          170.8            1.1
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Manouane Zone                                                               
Proven                    123.3           5.99                              
Probable                   22.1           5.72                              
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Subtotal                  145.4           5.95           85.0            0.6
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Total reserves                                                              
Proven                    144.7           6.12                              
Probable                  162.4           7.01                              
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Grand Total               307.1           6.59          255.8            0.8
----------------------------------------------------------------------------
----------------------------------------------------------------------------

 
A new estimate of mineral reserves for the Paul Zone based on the new
resource calculation will be established and integrated into the
Feasibility Study that is currently being prepared by Cegertec
WorleyParsons Inc.  
Mine life 
The Feasibility Study underway is based on an extraction rate of
50,000 metric tons of ore per day, for an annual production of about
3 Mt of phosphate concentrate. Based on these parameters, the NI
43-101 technical report from the 2012 Pre-Feasibility Study estimates
mine life at 17 years, that is, 9 years for the Paul Zone and 8 years
for the Manouane Zone. 
"Based on the new measured and indicated resources estimates, the
mine life of the Paul Zone alone should be many years longer, since
the estimate of available resources is tripled the earlier
estimates," said CEO Bernard Lapointe. 
Geology and mineralized zones 
The mineralization of the Lac a Paul deposits is magmatic and is
associated with apatite-rich (economic mineral) nelsonite and
anorthositic gabbro. There are three major zones with phosphorus (P)
mineralization within the Lac a Paul property. They are known as the
Paul Zone, Manouane Zone and Zone 2 and are shown in the attached
figure (http://bit.ly/WtT2EP). 
The figure also shows other sectors where drilling intersected
significant mineralization (Nicole, La Traverse, Lucy and Lise
sectors). They are located along a magnetic anomaly that is nearly 20
km long and is indicative of the significant phosphorus potential of
the Lac a Paul property. 
Outlook - Other project developments 
Cegertec WorleyParsons are presently conducting the Feasibility Study
with a planned completion date of Q3 2013. Processing tests of ore
from the Paul Zone is being carried-out by Jacobs Engineering,
Florida, and COREM, Quebec. The Environmental and Social Impact
Assessment being prepared by Genivar should also be filed in Q3 2013. 
Additional information 
Additional information required under Part 3 of NI 43-101 and not
contained in this release can be obtained from the Pre-Feasibility
Study of the Lac a Paul project, dated July 13, 2012, available on
the Company's website www.arianne-inc.com. The Pre-Feasibility Study
contains details regarding Arianne's data verification and QA/QC
programs and measures.  
Qualified persons 
The Paul Zone's mineral resource update was prepared by Claude
Duplessis, Eng., of GoldMinds Geoservices Inc., considered an
independent qualified person under NI 43-101. Mr. Daniel Boulianne,
P.Geo., Qualified Person for the Company as per NI 43-101, has
approved this press release. 
Arianne Phosphate (www.arianne-inc.com) owns and is developing the
Lac a Paul phosphate-titanium deposit that produces a superior grade
apatite concentrate grading close to 39% P2O5. The Company currently
has 75 M shares issued. 
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, timing of a feasibility study, 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. 
CAUTIONARY NOTE TO US READERS 
The SEC allows mining companies, in their filings with the SEC to
disclose only those mineral deposits they can economically and
legally extract or produce. Accordingly, information contained in
this News Release regarding our mineral deposits may not be
comparable to similar information made public by U.S. companies
subject to the reporting and disclosure requirements under the United
States federal securities laws and the rules and regulations of the
Commission thereunder. 
In particular, this News Release uses the term "indicated" resources.
U.S. readers are cautioned that while that term is recognized and
required by Canadian regulations, the SEC does not recognize it. U.S.
inv
estors are cautioned not to assume that any part or all of mineral
deposits in this category will ever be converted into mineral
reserves. 
This News Release also uses the term "inferred" resources. U.S
readers are cautioned that while this term is recognized and required
by Canadian regulations, the SEC does not recognize it. "Inferred
resources" have a great amount of uncertainty as to their existence,
and great uncertainty as to their economic and legal feasibility. It
cannot be assumed that all or any part of an inferred mineral
resource will ever be upgraded to a higher category. Under Canadian
rules, estimates of inferred mineral resources may not form the basis
of feasibility or pre-feasibility studies, except in rare cases. U.S.
readers are cautioned not to assume that part or all of an inferred
resource exists, or is economically or legally mineable. 
Follow Arianne on: 
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http://www.facebook.com/pages/Arianne-Resources-Inc/113071105425184 
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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. 
Contacts:
Source:
Bernard Lapointe, CEO
(418) 549-7316
bernard@arianne-inc.com 
Info:
Jim Cowley, President
(801) 599-3789
jim@arianne-inc.com 
Media:
Jean-Philippe Cote
(514) 754-9407
jpcote@bcp.ca