Arianne Resources Inc. (Arianne) is pleased to announce that drilling is starting on the Massicotte/Detour Lake, Abitibi, Quebec. This property is under option from Radisson Mining Resources. The Massicotte property is adjacent to Detour Gold Corporation’s (Detour Gold) property, for which it announced measured and indicated resources of more than 10.76 million ounces of gold (press release of July 2, 2008). Inferred resources of 2.45 million ounces of gold have also been reported. The mineralization is intimately associated with the regional Sunday Lake Deformation Zone.
The Massicotte/Detour Lake property covers a total area of 24,774 hectares in the prolific Abitibi Greenstone Belt in northwestern Québec. It includes a favourable horizon more than 20 km long along the Sunday Lake Deformation Zone in Québec, immediately east of Detour Gold’s property. A 15-km section of the regional gold-bearing Massicotte Fault also crosses the southern portion of the property (see http://www.arianne-inc.com/en/project_detail.php?id_proj=31 )
The airborne diamond drilling program has a $500,000 budget. The program has been designed to test geophysical and geochemical anomalies located in sectors highly prospective for gold and base metal mineralization. It will also investigate the extensions of the Lynx and Lap-3 gold zones, where respective historical grades of 7.8 g/t Au over 7.2 m and 24.1 g/t Au over 2.4 m were intersected by drilling.
Arianne Resources is a Canadian exploration company with the primary mission to explore, find and develop gold and uranium deposits in Canada and Mexico. The content of this press release was reviewed and approved by Mr. Bernard Lapointe, Ph.D. geo. and Qualified Person as defined in NI 43-101.
Investors are encouraged to visit Arianne Resources investor relations hub at www.agoracom.com/IR/Arianne to ask questions and receive answers or consult the questions and answers already posted by other investors. Investors can send all questions or requests for information to DAR@agoracom.com and they may also apply to be added to the mailing list to receive future press releases and updates timely.