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    Infrastructure Developments at Arianne’s Lac à Paul Project

    Investing News Network
    Feb. 29, 2012 09:27AM PST
    Gold Investing

    Arianne Resources Inc.(TSXV:DAN) announced the latest infrastructure developments from its Lac à Paul phosphate property.These developments will help facilitate Arianne’s product access to global markets.

    Arianne Resources Inc.(TSXV:DAN) announced the latest infrastructure developments from its Lac à Paul phosphate property.These developments will help facilitate Arianne’s product access to global markets.

    Highlights include:

    • $10 million investment to connect the Port of Saguenay with Quebec’s railway network
    • $15 million investment to modernize the Port of Saguenay for shipping Lac à Paul phosphate and other products
    • Construction of a rail bridge to connect the road from Lac a Paul to the railway at Dolbeau-Mistassini

    Arianne, CEO, Bernard Lapointe, commented:

    These announcements signal a major benefit to the Lac à Paul Project. Once the infrastructural connections are completed, it will be possible to transport our phosphate concentrate directly from the mine to the railway and from there, to the Port of Saguenay for shipment to international markets. We are pleased with our government`s show of support for projects like Lac à Paul at the regional, provincial and federal level alike, as evidenced by these investments.

    Click here to read the Arianne Resources Inc. (TSXV:DAN) press release


    Click here to see the Arianne Resources Inc. (TSXV:DAN) profile.

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