-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%
P2O5 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.