{"id":2814,"date":"2012-02-29T18:26:00","date_gmt":"2012-02-29T18:26:00","guid":{"rendered":"https:\/\/www.arianne-inc.com\/?post_type=news&#038;p=1998"},"modified":"2022-03-04T18:56:12","modified_gmt":"2022-03-04T18:56:12","slug":"lac-a-paul-phosphate-rock-project-federal-and-provincial-governments-announce-financial-commitments-to-improving-road-rail-and-port-infrastructure-of-northern-quebec","status":"publish","type":"post","link":"https:\/\/itremma.com\/arianne\/lac-a-paul-phosphate-rock-project-federal-and-provincial-governments-announce-financial-commitments-to-improving-road-rail-and-port-infrastructure-of-northern-quebec\/","title":{"rendered":"Lac \u00e0 Paul Phosphate Rock Project: Federal and Provincial Governments Announce Financial Commitments to\u00a0 Improving Road, Rail and Port Infrastructure of Northern Quebec"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Saguenay, February 29, 2012. <\/strong>The management of Arianne Resources Inc. (\u201cArianne\u201d or the \u201cCompany\u201d) (TSX V:DAN) is pleased to announce the following important infrastructure developments that will facilitate Lac \u00e0 Paul&nbsp; phosphate product access to global markets:&nbsp;&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>$10 million investment to connect the Port of Saguenay with Quebec\u2019s railway network<\/li><li>$15 million investment to modernize the Port of Saguenay for shipping Lac \u00e0 Paul phosphate and other products\u00a0 <\/li><li>Construction of a rail bridge to connect the road from Lac a Paul to the railway at Dolbeau-Mistassini\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Rail Network to Connect to Port of Saguenay&nbsp;&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On February 21, Serge Simard, Quebec Minister of Natural Resources and Wildlife, announced an investment of $10\u00a0 million from the Quebec government to connect the Port of Saguenay to the existing rail network. \u201cThis improvement in infrastructure could play an important part in positioning Port of Saguenay for development of Plan Nord. Everyone agrees that a rail link is needed to develop the North. We will do everything possible to achieve our goals,\u201d said Minister\u00a0 Simard. The work, including construction of a 12.5 km rail link, a rail yard and storage areas, should be completed by\u00a0 2014.\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The announcement followed that of Prime Minister Stephen Harper on January 17, who announced an investment of $15\u00a0 million to modernize infrastructure at the Port of Saguenay. He was accompanied by Denis Lebel, the Member of\u00a0 Parliament for Roberval \u2013 Lac-Saint-Jean and Minister of Transport, Infrastructure and Communities and Minister of the\u00a0 Economic Development Agency of Canada for the Regions of Qu\u00e9bec. \u201cQu\u00e9bec&#8217;s ports play a vital role in ensuring the constant flow of goods and linking Canada to global markets,\u201d said the Prime Minister. \u201cAn important part of Qu\u00e9bec&#8217;s maritime transportation system, the Port of Saguenay is no exception. By supporting its development, we are helping to\u00a0 create employment and economic growth in the region and in Northern Qu\u00e9bec.\u201d\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Heavy-Duty Gravel Roads to Connect to the Dolbeau-Mistassini Rail Network&nbsp;&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On January 28, <em>Le Quotidien <\/em>newspaper announced that construction of a railway bridge at Dolbeau-Mistassini is well underway. Feasibility studies are continuing to determine the exact location of the future bridge. The warden of the Maria Chapdelaine Regional County Municipality (RCM), Jean-Pierre Boivin, indicated that his RCM is working to accelerate the studies and discussions with the companies involved. The bridge will connect the network of heavy duty gravel roads to Dolbeau-Mistassini\u2019s rail network and thus facilitate the transport of concentrate while reducing initial investment costs for Arianne Resources to develop the Lac \u00e0 Paul deposit.\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Other product transportation scenarios continue to be evaluated, including a route running east of Lac St-Jean to the railway link in the town of Alma.\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThese announcements signal a major benefit to the Lac \u00e0 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,\u00a0 to the Port of Saguenay for shipment to international markets. We are pleased with our government`s show of support for projects like Lac \u00e0 Paul at the regional, provincial and federal level alike, as evidenced by these investments.\u201d said\u00a0 Bernard Lapointe, CEO of the Company.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Arianne Resources (<\/strong><a href=\"http:\/\/www.arianne-inc.com\" data-type=\"URL\" data-id=\"www.arianne-inc.com\" target=\"_blank\" rel=\"noreferrer noopener\">www.arianne-inc.com<\/a><strong>), <\/strong>through its wholly owned subsidiary, <strong>Canada Phosphate\u00a0 (<\/strong><a href=\"http:\/\/www.canadaphosphate.com\" data-type=\"URL\" data-id=\"www.canadaphosphate.com\" target=\"_blank\" rel=\"noreferrer noopener\">www.canadaphosphate.com<\/a><strong>), <\/strong>is developing the Lac \u00e0 Paul phosphorus-titanium deposit, which will produce high quality\u00a0 apatite concentrate grading 39% P<sub>2<\/sub>O<sub>5<\/sub>. <strong>Arianne Resources <\/strong>also explores properties highly prospective for gold, silver and\u00a0 other metals, in Canada and Mexico. The Company has 66 million outstanding shares.\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Visit our new website and view our promotional video at: <a href=\"http:\/\/www.arianne-inc.com\/investors\/video\/\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/www.arianne-inc.com\/investors\/video\/\u00a0<\/a><\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center has-small-font-size wp-block-paragraph\">Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)&nbsp; accepts responsibility for the adequacy or accuracy of this release.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Source: <\/strong>Bernard Lapointe, C.E.O Tel: (418) 549-7316 <a href=\"mailto:bernard@arianne-inc.com\">bernard@arianne-inc.com<\/a>\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Info: <\/strong>Jim Cowley, President Tel: (801) 599-3789 <a href=\"mailto:jim@arianne-inc.com\">jim@arianne-inc.com<\/a>\u00a0                                                    Louis Morin \u2013 Investor Relations Tel: (514) 845-1101 <a href=\"mailto:lmorin@thebidcapitalmarkets.com\">lmorin@thebidcapitalmarkets.com<\/a>\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Follow Arianne on<\/strong>:&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Facebook<\/strong>: <a href=\"http:\/\/www.facebook.com\/pages\/Arianne-Resources-Inc\/113071105425184\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/www.facebook.com\/pages\/Arianne-Resources-Inc\/113071105425184<\/a>\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Twitter: <\/strong><a href=\"http:\/\/twitter.com\/arianne_dan\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/twitter.com\/arianne_dan<\/a>\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Youtube: <\/strong><a href=\"http:\/\/www.youtube.com\/user\/ArianneResources\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/www.youtube.com\/user\/ArianneResources<\/a>\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Flickr: <\/strong><a href=\"http:\/\/www.flickr.com\/photos\/arianneresources\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/www.flickr.com\/photos\/arianneresources<\/a>\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Resources Investing News:<\/strong> <a href=\"http:\/\/resourceinvestingnews.com\/?s=Arianne\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/resourceinvestingnews.com\/?s=Arianne<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saguenay, February 29, 2012. The management of Arianne Resources Inc. (\u201cArianne\u201d or the \u201cCompany\u201d) (TSX V:DAN) is pleased to announce the following important infrastructure developments that will facilitate Lac \u00e0 Paul&nbsp; phosphate product access to global markets:&nbsp;&nbsp; $10 million investment to connect the Port of Saguenay with Quebec\u2019s railway network $15 million investment to modernize [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[],"tags":[],"class_list":["post-2814","post","type-post","status-publish","format-standard","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/itremma.com\/arianne\/wp-json\/wp\/v2\/posts\/2814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itremma.com\/arianne\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itremma.com\/arianne\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itremma.com\/arianne\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/itremma.com\/arianne\/wp-json\/wp\/v2\/comments?post=2814"}],"version-history":[{"count":0,"href":"https:\/\/itremma.com\/arianne\/wp-json\/wp\/v2\/posts\/2814\/revisions"}],"wp:attachment":[{"href":"https:\/\/itremma.com\/arianne\/wp-json\/wp\/v2\/media?parent=2814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itremma.com\/arianne\/wp-json\/wp\/v2\/categories?post=2814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itremma.com\/arianne\/wp-json\/wp\/v2\/tags?post=2814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}