Arianne Resources Inc. (CVE:DAN) reports operational update of its work on the Paul Zone, one of two main deposits of Lac à Paul Phosphate project.
The press release is quoted as saying:
The mineralized zone is identified as having a length of 1,200m by 200m wide and remains open to a vertical depth of 400 m. The Company has received assay results from 14 of the 17 boreholes. One goal of this campaign was to confirm the continuity of the mineralized zone, as part of the process of upgrading the current inferred resources to the indicated category. The holes were drilled at an angle to better define the mineralized envelope.