Press Releases

Manouane zone drilling campaign begins (Lac à Paul project)

The campaign is expected to continue until mid-April. To date, 12 drill holes (2,450 m) have been completed, however, analytical data is yet unavailable. The initial visual core analysis suggests that the mineralization extends beyond the existing resource envelope. The Company is hopeful that the current Manouane Zone drilling campaign could indicate a larger scope for the Lac à Paul Project.

Read more

Recent results of the zone Paul drilling campaign: the deposit is bigger than expected

All the results of this most recent campaign, combined with those of previous campaigns, confirm that the zone is now known to be more than 1,300 metres in length and that it is still open both to the east and west. The core of the zone is over 400 metres deep and remains open. The average width of the Zone Paul deposit is estimated to be about 200 metres.

Read more

Arianne resources retains javelin partners as corporate development advisors

In consideration of the services to be provided, the Company has agreed to pay a monthly retainer of $5,000 to Javelin over the engagement period. In addition, the company has granted Javelin options to purchase 160,000 common shares of the Company at an exercise price of $1.13, subject to regulatory approval.

Read more

Arianne resources new drilling confirms the potential of the Paul zone deposit

One goal of this campaign was to confirm the continuity of the mineralized zone, as part of the process of upgrading the current inferred resources to the indicated category. The holes were drilled at an angle to better define the mineralized envelope. All of the updated results will be incorporated into the geological model developed by SGS Geostat, and a new resource calculation on the Paul Zone will be available for the coming pre-feasibility study.

Read more

Marco Gagnon to join the board of directors of Arianne resources

Mr. Gagnon, a graduate in geology from the University of Québec at Chicoutimi, is a senior mining exploration professional with 20 years experience, mostly with major mining companies. Mr. Gagnon is President and CEO of Adventure Gold Inc. (TSX-V: AGE), a Montreal-based publicly-traded gold mining exploration company.

Read more

Jim Cowley to join the board of directors of Arianne resources

Mr. 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.

Read more