Arianne Starts Exploration on the Natashquan and Havre-Nord Projects in North Shore, Quebec
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SAGUENAY, QUEBEC, Jun 19 (MARKET WIRE) --
Arianne Resources (the "Company" or "Arianne")(TSX VENTURE:
DAR)(FRANKFURT: JE9)(OTCBB: DARUF) announces the start of a follow-up
field campaign on its Natashquan and Havre-Nord uranium projects. In June
2007, a Mag-EM-Radiometric helicopter survey took place on an important
portion of these properties. Some of the identified targets were
confirmed during a field visit in the autumn of 2007.
The Company previously announced, on October 24, 2007, the discovery of a
pegmatite with strong Rare Earth Material (REM) content returning up to
0.43% U3O8. This pegmatite, located on the lower North Shore of Quebec,
is located on the Havre Nord project, owned by Exploration Azimut (TSX
VENTURE: AZM) and optioned by Arianne. The Company wishes to announce the
results from additional studies coming from samples extracted in 2007 and
inform shareholders about its 2008 uranium exploration program on the
lower North Share.
Mineralogic study : The firm IOS Services Geoscientifiques inc. proceeded
with a mineralogic study (four thin blades coming from the pegmatite)
which was followed by micro-XRF (X-Ray Fluorescence) assays performed at
UQAC (Universite du Quebec in Chicoutimi). Results show that Rare Earth
Materials (REM) are concentrated within a silicate named allanite. The
uranium is associated with secondary minerals coming from an unidentified
primary mineralogy due to alteration. It is suspected that the uranium is
contained within uranium-thorium oxydes possibly associated with other
metals. This uranium phase seem to be mainly observed in inclusions
within coarse grains of magnetite. Since the radioactive phases were
highly altered, more exhaustive mineralogy studies will be necessary to
identify the uranium/REM bearing minerals.
Analytical tests : Additional assays were performed on three samples that
were quite rich and previously assayed (North-West-1 block). The samples
were assayed by neutronic activation (INAA) at the Laboratoire d'Analyses
Geochimiques of UQAC. REM and uranium are difficult to assay but the UQAC
results confirm those previously announced and confirm that the rock is
rich in uranium and REM.
-------------------------------------------------------------------
SAMPLE U Hf Ho La Lu Nd Sm Tb
-------------------------------------------------------------------
ppm ppm ppm ppm ppm ppm ppm ppm
-------------------------------------------------------------------
263815 3670 181 157 1580 83,6 1500 422 102 1
-------------------------------------------------------------------
263815 4314 148 596 1873 97 1095 869 106 2
-------------------------------------------------------------------
greater greater greater
than than than
263819 2030 92,2 70,9 10000 20 10000 1000 128 1
--------------------------------------------------------------------
263819 2393 59 185 15829 28 9067 1847 130 2
-------------------------------------------------------------------
greater greater
than than
263821 3160 224 78,8 10000 26,7 8790 1000 115 1
-------------------------------------------------------------------
263821 3782 236 467 12761 26 7269 1728 124 2
-------------------------------------------------------------------
1: ALS CHEMEX
2: UQAC; 100 seconds reading at 86 mm of distance
This pegmatite is located in a zone that is highly enriched in uranium
and spatially correlated to a strong uranium heliported anomaly outlined
on an area of 1 km by 5 km. It could therefore have significant
extensions.
2008 exploration program : A prospection follow-up started on all the
blocks of the Natashquan and Havre-Nord projects. The three field teams
are based at the Lac de la Galisonniere outfitter and they will visit all
of the anomalous areas previously identified by the 2007 radiometric
survey. This heliported survey will take place for 3 weeks. A systematic
sampling of the pegmatite discovered in 2007 will also take place on the
North-West-1 block.
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 invited to visit Arianne's investor relations site at
www.agoracom.com/IR/Arianne in order to ask questions and get answers or
read the questions and answers posted by investors. Also, investors can
their questions or information requests to a DAR@agoracom.com and they
can also ask to be included on the Company's e mail list in order to
receive future news releases in real time.
The TSX Venture Exchange
has not reviewed and does not accept responsibility for the adequacy or
accuracy of this release.
Contacts:
Arianne Resources Inc.
Mr. Bernard Lapointe
CEO
418-549-7316
418-549-5750 (FAX)
bernard@arianne-inc.com
Arianne Resources Inc.
Mr. Norman Forrest
VP - Development
450-736-0453
norman@arianne-inc.com
Investor relations
ARGENTUMINVEST GmbH
Richard Mayr - Germany
+49-9421-785250
info@argentuminvest.com
Investor relations
AGORACOM- Toronto
www.agoracom.com/ir/Arianne
dar@agoracom.com
Copyright 2008, Market Wire, All rights reserved.
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