ARIANNE PHOSPHATE EXPLORING THE USE OF ITS HIGH-PURITY CONCENTRATE FOR ALTERNATIVELY DERIVED FERTILIZERS -the Company is working with Cegep Riviere-de-Loup to develop a new breed of fertilizer DAN: TSX-V ( Canada ) JE9N: FSE (
ARIANNE PHOSPHATE EXPLORING THE USE
OF ITS HIGH-PURITY CONCENTRATE FOR
ALTERNATIVELY DERIVED FERTILIZERS
-the Company is working with Cegep Riviere-de-Loup to develop a new breed of fertilizer
DAN: TSX-V (
Canada
)
JE9N: FSE (
Germany
)
DRRSF: OTC (
USA
)
SAGUENAY, QC,
Feb. 8, 2022
/CNW Telbec/ -
Arianne Phosphate (the "Company" or
"Arianne")
(TSXV: DAN) (OTC: DRRSF) (FRANKFURT: JE9N), a development-stage phosphate
mining company, advancing its Lac à Paul project in
Quebec's
Saguenay-Lac-Saint-Jean region, is
pleased to announce that it has initiated a research program in collaboration with the Environmental
and Biotechnology Research Group of the Cegep Riviere-de-Loup aimed at the development of a
new breed of fertilizers using organic waste and Arianne's high-purity, low-contaminant phosphate
concentrate.
Currently, the industry practice is to take mined phosphate concentrate and ship it to a phosphoric
acid facility. There, it is combined with sulphuric acid and other ingredients to make 'downstream'
phosphate-based fertilizers such as MAP and DAP. By working with both research and commercial
organizations, Arianne is looking at ways to alter the traditional process and combine its concentrate
with organic waste or other bacterias that would allow its phosphate concentrate to effectively be
used in farming without the requirement of traditional acidulated fertilizer products.
"Although the work around the use of Arianne's phosphate concentrate in these types of applications
is early, the implications could be enormous," said
Brian Ostroff
, Arianne Phosphate's President.
"For the agricultural industry, it could allow the farmer the ability to move away from acid-based
processes and, by integrating with organic waste, allow for a more circular and environmentally-
friendly process. Logistically, it would also allow Arianne to be less reliant on downstream facilities
to purchase its phosphate and transform it into fertilizers."
Due to the rare geological nature of its Lac à Paul deposit, Arianne will produce a high-purity, low-
contaminant phosphate concentrate. By not having the deleterious elements found in most
phosphate deposits globally, such as radioactive elements and heavy metals, the Company believes
its concentrate will be in high demand, not only by traditional fertilizer producers but also, those who
are looking to target high purity agricultural and food applications such as organic fertilizers, food
preservatives and animal feeds. Further, due to the nature of Arianne's concentrate, it also makes it
well-placed for industrial uses such as its recently announced work (
see Press Release dated
November 3, 2021
) with several automotive industry players on the lithium-
iron-phosphate ("LFP") battery.
Qualified
Person
Raphael Gaudreault
, eng. Qualified Person by NI 43-101, has approved this release. Mr. Gaudreault
is also the Company's Chief Operating Officer.
About Arianne Phosphate
Arianne Phosphate ("Arianne Phosphate Inc.") (
www.arianne-inc.com
) is developing the Lac à Paul
phosphate deposits located approximately 200 km north of the Saguenay/Lac St. Jean area
of Quebec,
Canada
. These deposits will produce a high-quality igneous apatite concentrate grading
39% P
2
O
5
with little or no contaminants (Feasibility Study released in 2013). The Company has
185,464,469 shares outstanding.
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.
Follow Arianne on:
Facebook:
https://www.facebook.com/ariannephosphate
Twitter:
http://twitter.com/arianne_dan
YouTube:
http://www.youtube.com/user/ArianneResources
Flickr:
http://www.flickr.com/photos/arianneresources
Resource Investing News:
http://resourceinvestingnews.com/?s=Arianne
Cautionary Statements Regarding Forward Looking Information
This news release contains "forward-looking statements" and "forward-looking information"
within the meaning of applicable securities regulations in
Canada
and
the United States
(collectively, "forward-looking information"). Forward-looking information includes, but is
not limited to, anticipated quality and production of the apatite concentrate at the Lac à Paul
project. Often, but not always, forward-looking information can be identified by the use of
words such as "plans", "expects, "is expected", "budget", "scheduled", "estimates",
forecasts", "intends", "anticipates", or "believes", or the negatives thereof or variations of
such words and phrases or statements that certain actions, events or results "may", "could",
"would", "might", or "will" be taken, occur or be achieved. Forward-looking information is
subject to known and unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such forward-looking information,
including but not limited to: volatile stock price; risks related to changes in commodity
prices; sources and cost of power facilities; the estimation of initial and sustaining capital
requirements; the estimation of labour and operating costs; the general global markets and
economic conditions; the risk associated with exploration, development and operations of
mineral deposits; the estimation of mineral reserves and resources; the risks associated with
uninsurable risks arising during the course of exploration, development and production;
risks associated with currency fluctuations; environmental risks; competition faced in
securing experienced personnel; access to adequate infrastructure to support mining,
processing, development and exploration activities; the risks associated with changes in the
mining regulatory regime governing the Company; completion of the environmental
assessment process; risks related to regulatory and permitting delays; risks related to
potential conflicts of interest; the reliance on key personnel; financing, capitalization and
liquidity risks including the risk that the financing necessary to fund continued exploration
and development activities at Lac à Paul project may not be available on satisfactory terms,
or at all; the risk of potential dilution through the issue of common shares; the risk of
litigation. Forward-looking information is based on assumptions management believes to be
reasonable at the time such statements are made, including but not limited to, continued
exploration activities, no material adverse change in commodity prices, exploration and
development plans proceeding in accordance with plans and such plans achieving their
stated expected outcomes, receipt of required regulatory approvals, and such other
assumptions and factors as set out herein. Although the Company has attempted to identify
important factors that could cause actual results to differ materially from those contained in
the forward-looking information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such forward-looking
information will prove to be accurate, as actual results and future events could differ
materially from those anticipated in such forward-looking information. Accordingly, readers
should not place undue reliance on forward-looking information. Forward-looking
information is made as of the date of this press release, and the Company does not
undertake to update such forward-looking information except in accordance with applicable
securities laws.
SOURCE
Arianne Phosphate Inc.
View original content:
http://www.newswire.ca/en/releases/archive/February2022/08/c9169.html
%SEDAR: 00003556E
For further information:
Contact Information: Source: Raphael Gaudreault, COO, Tél. : 418-549-
7316, [email protected]; Info: Brian Ostroff, President, Tel. : 514-908-4202,
CO: Arianne Phosphate Inc.
CNW 07:30e 08-FEB-22