February 8th, 2012
Posted on 08. Mar, 2010 by PublicWire in General
3/8 (DRRSF.PK) Arianne Resources to Present Phosphate-Titanium Lac a Paul Deposits at International Conference Phosphates
(PublicWire.com) — The management of Arianne Resources Inc. (TSX VENTURE: DAN) (FRANKFURT: JE9N) (PINKSHEETS: DRRSF) (”Arianne” or “Company”) is pleased to announce it’s participation at the International Conference Phosphates 2010 to be held on March 22 to 24 in Brussels, Belgium. The Company will present its Phosphate-Titanium Lac a Paul deposits in Quebec, Canada.
Our presence at this specialized International Conference aims to promote our phosphate deposits to companies who are in search of raw materials, at competitive cost, as well as interested investors. Recall that the economic opportunity study (Scoping Study) was recently disclosed and was mentioning that the exploitation of Lake Paul deposits would produce a higher concentration of phosphate rock (40% P2O5) than those currently available on the market and this at a very competitive price. The gross margin on the sale of concentrate is close to 50% and the rate of return (IRR) of the project is estimated at 20%.
Arianne Resources is a Canadian exploration company with the mission to explore and develop gold, silver and phosphorus-titanium deposits in Canada and Mexico. The Company has less than 26 million shares issued and 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.