Arianne Resources Inc.

Arianne Resources Inc.

March 15, 2007 09:00 ET

Arianne Gets Involved in the Detour Lake Mining Camp

SAGUENAY, QUEBEC--(CCNMatthews - March 15, 2007) - The management of Arianne Resources Inc. (TSX VENTURE:DAR) ("Arianne") is pleased to announce the signing of a letter of agreement allowing Arianne to acquire 50% of the interest held by Radisson Mining Resources Inc (RDS-V) in its Detour Lake mining camp properties.

Gold potential: The properties cover a total area of 16,726 hectares in the prolific Abitibi Greenstone Belt (150 million oz Au) in northwestern Quebec. They are located 15 km east of the Detour Lake mine where partners Detour Gold Corporation and Trade Winds Venture recently announced total gold resources of 5.7 million oz Au (31/01/2007 release by Detour Gold and 27/10/2006 release by Trade Winds). Taking into account the Detour Lake mine's past production of 1.8 million oz Au, the Detour Lake mining camp has a total resource of 7.5 million oz Au. The gold mineralization is associated with the Sunday Lake regional deformation zone, which is similar to the well-known Destor/Porcupine and Cadillac/Larder Lake regional fault zones, along which most of the Abitibi gold deposits occur.

Radisson's properties cover more than 20 km along the Sunday Lake deformation zone. They also straddle more than 15 km of the Massicotte regional gold-bearing fault zone, which hosts the Lynx, Rambo and Lap 3 gold showings with historical gold values of 7.8 g/t Au over 7.2 m, 6.3 g/t Au over 2.7 m and 24.1 g/t Au over 2.4 m. respectively.

As soon as the agreement has been signed, Arianne will begin compiling and integrating all available geoscience data and will then conducts airborne geophysical surveys to define priority exploration targets that will be the focus of more detailed exploration work.

Geographic diversification "This option provides Arianne Resources with a second major gold project, after the Opinaca project in the James Bay territory. The Massicotte property lies directly on the Sunday Lake Deformation Zone. This geological structure hosts two deposits in Ontario (about 15 km) with total indicated and inferred resources of more than 5.7 million ounces of gold," mentioned Mr. Bernard Lapointe, President of Arianne.

Terms and conditions: According to the letter of agreement, Arianne can acquire 50% of Radisson's interest in the Detour Lake mining camp properties, on or before August 31, 2010, by carrying out $1.5 million in exploration work and making option payments totalling 75,000$CDN and issuing 300,000 shares of Arianne Resources Inc. to Radisson. Arianne will be the operator. The agreement is subject to regulatory approval.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information