Arianne to produce additional high purity phosphate concentrate to meet growing interest DAN: TSX-V (Canada) JE9N: FSE (Germany) DRRSF: OTC (USA)
Arianne to produce additional high purity phosphate concentrate to meet growing
interest
DAN: TSX-V (Canada)
JE9N: FSE (Germany)
DRRSF: OTC (USA)
SAGUENAY, QC, Nov. 8, 2017 /CNW Telbec/ - Arianne Phosphate (the "Company" or "Arianne")
(TSXV: DAN) (OTC: DRRSF) (FRANKFURT: JE9N) , a development-stage phosphate mining company,
advancing the Lac à Paul phosphate rock project in Quebec's Saguenay-Lac-Saint-Jean region, has
initiated the work required to produce additional phosphate concentrate. Arianne has taken this step to
meet the growing interest it has been receiving from parties looking to secure Arianne's high-purity
concentrate for testing. The increased demand in m any cases has come from parties that had originally
received samples and are now looking to follow up with considerably larger quantities. As well, the
Company is seeing increased interest from organizations in Europe that may be affected by stricter
environmental legislation and, are looking to diversify their supply towards a "cleaner" high-purity
phosphate.
"Almost every group that we talk to looks at our spec sheets and wants samples of our rock," said Jean -
Sébastien David, Chief Operating Officer of Arianne Phosphate. "As the global demand for phosphate
continues to grow year over year, additional supplies will be required in the next few years and,
companies today are looking to secure that supply f or tomorrow. Our phosphate ranks amongst the
purest in the world and as environmental concerns grow, we should see a move towards sourcing higher
quality rock. As well, the fact that our project is located in a safe geopolitical region is a plus as
consumers of phosphate rock look to mitigate all the risks they can."
In order to produce the samples, Arianne produced 125 tonnes of unrefined (bulk sample) rock from its
Paul Zone and stockpiled the ore. This ore will be sent to COREM (Consortium of applied research for
the processing and transformation of mineral substances) of Quebec and will be treated there to produc e
Arianne's high-purity phosphate concentrate grading 39% P 2O5. The process will yield roughly fifteen
(15) tonnes of finished apatite concentrate that will be available for potential customers. The Compa ny
has been using COREM since 2011 and their familiari ty with Arianne's rock should allow for a timely and
efficient process.
About Arianne Phosphate
Arianne Phosphate ("Arianne Phosphate Inc.") ( www.arianne-inc.com ) is developing the Lac à Paul
phosphate deposits located approximately 200 km nor th of the Saguenay/Lac St. Jean area of Quebec,
Canada. These deposits will produce a high quality igneous apatite concentrate grading 39% P 2O5 with
little or no contaminants. The Company has 100,530, 580 million shares outstanding.
Neither TSX Venture Exchange nor its Regulation Ser vices 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 Inf ormation
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", "cou ld",
"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 po wer facilities; the estimation of initial and sustaining
capital requirements; the estimation of labor 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 risk s
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 ris ks
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 activiti es 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 acc ordance 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 wil l 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.
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http://www.newswire.ca/en/releases/archive/November 2017/08/c5450.html
%SEDAR: 00003556E
For further information: Source: Jean-Sébastien David, C.O.O., Tel. : 418-549-7316,
[email protected]; Info: Brian Ostroff, C.E.O., Tel. : 514-908-4202, [email protected]
CO: Arianne Phosphate Inc.
CNW 07:00e 08-NOV-17