Arianne Starts Drilling on Massicotte/Detour Lakeadmin
Tuesday, August 26th 2008
Arianne Resources Inc. announce that drilling is starting on the Massicotte/Detour Lake, Abitibi, Quebec. This property is under option from Radisson Mining Resources. The Massicotte property is adjacent to Detour Gold Corporation’s (Detour Gold) property, for which it announced measured and indicated resources of more than 10.76 million ounces of gold (press release of July 2, 2008). Inferred resources of 2.45 million ounces of gold have also been reported. The mineralization is intimately associated with the regional Sunday Lake Deformation Zone.
The Massicotte/Detour Lake property covers a total area of 24,774 hectares in the prolific Abitibi Greenstone Belt in northwestern Quebec. It includes a favourable horizon more than 20 km long along the Sunday Lake Deformation Zone in Quebec, immediately east of Detour Gold’s property. A 15-km section of the regional gold-bearing Massicotte Fault also crosses the southern portion of the property
The airborne diamond drilling program has a $500,000 budget. The program has been designed to test geophysical and geochemical anomalies located in sectors highly prospective for gold and base metal mineralization. It will also investigate the extensions of the Lynx and Lap-3 gold zones, where respective historical grades of 7.8 g/t Au over 7.2 m and 24.1 g/t Au over 2.4 m were intersected by drilling.
Arianne Resources is a Canadian exploration company with the primary mission to explore, find and develop gold and uranium deposits in Canada and Mexico. Website: http://www.arianne-inc.com