Arianne Resources Inc. (TSXV:DAN) is a Canadian mineral exploration company primarily focused on developing the Lac à Paul phosphorus-titanium project. The phosphate deposits are expected to produce high quality igneous apatite concentrate grading about 39% P2O5 with little or no contaminant. The world class phosphorus and titanium deposits of Lac à Paul, Quebec, constitute the leading project of the company and are amongst the largest of this type in the country.
- In Canada, only the Kapuskasing mine (Agrium Inc.) produces phosphorus. The Lac à Paul project is a very interesting alternative to meet anticipated phosphorus needs.
- Extraordinary measured & inferred resources with highly prospective mineralized zones will yield large, low-cost, long-lived phosphate rock supply source to export market for 25 years.
- High-quality igneous deposits = 90% recovery, 39% (85 %BPL) concentrate, high-value product
- Bankable Feasibility Study to commence this year after evaluation of increased production scenario
- Environmental Impact studies expected for completion by end of 2012
Lac à Paul
Arianne Resource’s flagship project, Lac a Paul Project, is an advanced-exploration stage phosphate and titanium project in northern Quebec.
Located approximately 200 km north of the town of Saguenay in the Saguenay-Lac-St-Jean region, Quebec, Canada, the Lac à Paul property includes 451 claims and covers a surface area of nearly 25,000 hectares. Access to the Lac à Paul project is granted via the Chute-des-Passes logging road, which is maintained by Groupe Rémabec. The road also provides access to Rio Tinto Alcan and Hydro-Québec power stations. An established rail network (Dolbeau-Mistassini) and the deep-water port of Grande-Anse in Saguenay lie within a radius of 235 km of the property. Several lakes and rivers can provide the water necessary to supply the ore processing mill.
Arianne expanded its resource as calculated by SGS Canada Inc. – Geostat Group, following the completion of the most recent drilling campaigns in the Paul and Manouane zones in December 2010 and March 2011, respectively. The resulting increase in M&I resource was incorporated into the prefeasibility study. At a cut-off grade of 2.43% P2O5, the resources amounted to measured and indicated resources of 347.7Mt of 6.50% P2O5 and 8.43% TiO2 and inferred resources of 114.3Mt of 5.46% P2O5 and 6.19% TiO2.
For more information on Lac a Paul:
Bernard Lapointe – Director and CEO
Mr.Lapointe holds a B.A. in Geology from the University of Quebec at Montréal (1980), a Masters degree in structural geology from the University of Quebec at Chicoutimi (1984) and a PhD in mineral resources from the University of Quebec at Chicoutimi (1996). He is currently CEO of Arianne Resources Inc., a public issuer. Previously, he was Director of the Saguenay-Lac-Saint-Jean Mining Fund from 1993 to 1998. From 1988 to 1993, he acted as a geochemist analyst for the Centre for Research in Mineral Resources of the University of Quebec at Chicoutimi.
From 1980 to 1987, he was consultant for different mining exploration companies and for the Department of Natural Resources. While working for the Department, he discovered the gold showings West of Schefferville, for which he won an award in 1986. He also did an internship at the Institut National de la Recherche Scientifique (INRS-Géoressources). Mr. Lapointe has also been teaching since 1981 and has been published on numerous occasions.
Jim Cowley - Director and President
Jim Cowley is a Metallurgical Engineer with an MBA in Finance. He has worked in various roles from Mill Metallurgist(uranium) to Financial Manager/Business Development (molybdenum, gold and copper) to VP Sales, Marketing and Distribution (copper, gold, molybdenum, sulfuric acid) for companies such as Exxon, Climax Molybdenum (AMAX), Bond International Gold and Rio Tinto. He is currently a full time consultant and employee of Ocean Partners USA and is based in Utah, USA.
Pierre Lortie – Director and Chairman of the Board
Pierre Lortie is a senior Business Advisor at Fraser Milner Casgrain LLP, a major Canadian law firm recognized as a leader in business-related legal matters across Canada. He is also a Director of Element Financial Corporation, Group Canam Inc., Tembec Inc. and Biocean Inc. Pierre held senior executive positions at Bombardier until December 2003 where he served as President and COO of Bombardier Transportation; President and COO of Bombardier Capital; President and COO of Bombardier International; and President of Bombardier Aerospace, Regional Aircraft. He has been Chairman, President and CEO of Provigo Inc.; President and CEO of the Montreal Stock Exchange and a Senior Partner of Secor Inc.
He received an M.B.A. with honours from the University of Chicago, a license in applied economics from the Université Louvain in Belgium, and a Bachelor’s degree in applied sciences (engineering physics) from Université Laval, Canada. He was awarded a Doctorate Honoris Causa in civil law from Bishop’s University and was appointed Member of the Order of Canada in 2001.
L. Derek Lindsay – Chief Financial Officer
Derek brings proven expertise in raising equity and project finance, creatively structuring strategic partnerships, and completing acquisitions and divestitures. As well, he has a strong operational finance background, particularly in forecasting, reporting and compliance.
Guthrie Stewart – Director and Secretary
Guthrie has over 25 years’ experience in private equity investments, senior management and corporate law. Until Dec 2007, he was a partner of the Equity Fund of EdgeStone Capital Partners. He is currently serving as the Chairman of Orbit Garant Drilling. He earned an LL B. from Osgoode Hall Law School and an MBA from INSEAD, Europe
Dave DeBiasio – Director
Dave is a retired metallurgical engineer. He served as Vice President of Energy and Raw Minerals at Agrium, a leading global fertilizer company where he actively participated in the development of the Kapuskasing phosphate mine.
Marco Gagnon – Director
Marco is a senior mining exploration professional with 20 years of experience in major mining companies Inmet, Barrick Gold, Minnova and Radisson Mining Resources. He is currently President and CEO of Adventure Gold, a Montreal-based gold exploration company. He was a founder and former President and CEO of Focus Metals. He has a graduate degree in geology from the University of Quebec.
Luc Boivin – Director
Mr. Boivin studied in administration at the University of Québec in Chicoutimi and is currently vice-president of finances and marketing of Fromagerie Boivin (Boivin Cheesemakers), a regional leader in milk processing. He is also the chairman of the Technologie Biolactis Inc. (Biolactis Technologies Inc.) board of directors, a young business developing whey processing. M. Boivin also serves on different boards of directors including Promotion Saguenay.
Alain Vachon – Director
Alain is a geologist with more than 30 years experience in the mining industry. He has worked for Exploration Noranda, Barrick, and with Rouyn Mining Resources where he was chief geologist of mining operations. In the past 12 years, Alain worked mainly in Peru with Sulliden, Gold Hawk and Paramount Gold.