Arianne Resources Inc.

Arianne Resources Inc.

December 05, 2006 09:15 ET

Arianne Resources Inc.: Summary of the 2006 Drilling Campaign at James Bay

SAGUENAY, QUEBEC--(CCNMatthews - Dec. 5, 2006) - The management of Arianne Resources Inc. (TSX VENTURE:DAR) is pleased to report positive results from its 2006 exploration campaign on the Opinaca property, located south of the Opinaca reservoir, James Bay. Fifty-six (56) drill holes for a total of 9,000 m were completed. Most of these holes tested a volcano-sedimentary contact where gold surface grades were identified. Results can be viewed on the following table, on this link:

Three types of gold mineralization are present on the Opinaca property :

1- Gold veins within sedimentary rocks : Represented by the Contact Zone where chosen samples returned grades up to 567 g/t Au. Three drill holes from section 32+10 W intersected visible gold down to a vertical depth of 165 metres. Drill hole OPI-06-34 returned 31.44 g/t Au on 2.6 m, including 55.9 g/t Au on 1.45 m (Isabelle zone discovery).

2- Gold veins within volcanic rocks : Represented by the Chino zone where channel samples returned grades up to 144 g/t Au on 0.9 m. Drill hole OPI-06-43 intersected 3.30 g/t Au on 6.75 m, including 5.83 g/t Au on 3.75 m.

3- Gold mineralization disseminated within sedimentary rocks : This mineralization was discovered by drill holes OPI-06-37 (1.52 g/t Au on 13.6 m) and OPI-06-47 (2.11 g/t Au on 7.25 m). This type of mineralization (disseminated gold pyrite) is considered as being somewhat similar to the mineralization of the Roberto/Eleonore deposit (Goldcorp/Virginia) where the gold is disseminated with sulfides (pyrite, arsenopyrite) within graywacque-type sedimentary rocks (see map ).

"We invested 1.5 M$ on this property in 2006 and we plan a similar amount in 2007 in order to investigate the three types of mineralization, one of which is similar to Goldcorp's Roberto deposit. We are very confident to repeat these positive results along the volcano-sedimentary contact where additional exploration works should start in January" commented Mr. Bernard Lapointe Ph.D, CEO of the Company.

This press release was revised by Mr. Bernard Lapointe, geologist and Qualified Person under NI 43-101.

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

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