-Efforts should reduce costs and environmental
impact of phosphate concentrate transportation
DAN: TSX-V (Canada)
JE9N: FSE (Germany)
DRRSF: OTC (USA)
SAGUENAY, QC, March 6, 2018 /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 project in
Quebec's Saguenay-Lac-Saint-Jean
region is proud to announce the start of research and development
work to integrate aluminum in the design of the trailer that will
transport the phosphate concentrate from the Lac à Paul mine to the
deep-water port that will be located in Sainte-Rose-du-Nord. The work will be done by
the National Research Council of
Canada (NRC) and Alcoa Innovation.
In order to carry out this major work, Arianne will be able to rely
on confirmed financial support from the Centre québécois de
recherche et de développement de l'aluminium (CQRDA) and the
Société de la vallée de l'aluminium.
![Logo: Arianne Phosphate Inc. (CNW Group/Arianne Phosphate Inc.) Logo: Arianne Phosphate Inc. (CNW Group/Arianne Phosphate Inc.)](https://mma.prnewswire.com/media/649892/Arianne_Phosphate_Inc__Arianne_begins_R_D_effort_to_integrate_al.jpg)
Through this effort, Arianne and its partners believe that they
will be able to reduce the weight of the transport trucks and allow
for a greater payload per run. Once integrated, this will
result in fewer trucks on the road; increasing safety and reducing
the overall environmental impact. This effort will also bring about
greater economies of scale, resulting in a reduction in the cost of
Arianne's shipborne phosphate concentrate.
"We are very pleased to be able to launch this phase of research
and development for the trailer design with partners as qualified
as NRC and Alcoa Innovation. In addition, we can count on valuable
financial support from two regional partners, demonstrating the
ongoing willingness of stakeholders to see the project move
forward. This phase of research and development will be done in
conjunction with our designated carrier, Groupe Alfred Boivin,
which brings its valuable transportation expertise to the table. We
believe that incorporating aluminum into the trailer will result in
substantial cost savings over the mine's lifespan and reduce our
greenhouse gas emissions", stated Jean-Sébastien David, Arianne
Phosphate's Chief Operating Officer.
Along with this initiative, Arianne continues to work closely
with numerous groups to advance and optimize its Lac à Paul
project. Already seen as one of the world's largest and cost
competitive phosphate developments, the Company continues to look
at ways to streamline its project and bring about further
reductions in both its environmental footprint and costs.
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%
P2O5 with little or no contaminants. The
Company has 103,570,610 million 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.
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.
Follow Arianne on:
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https://www.facebook.com/ariannephosphate
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Flickr: http://www.flickr.com/photos/arianneresources
Resource Investing News:
http://resourceinvestingnews.com/?s=Arianne
SOURCE Arianne Phosphate Inc.