Arianne Resources Inc.

Arianne Resources Inc.

March 23, 2007 09:15 ET

Arianne Resources Inc.: Uranium Exploration Projects

SAGUENAY, QUEBEC--(CCNMatthews - March 23, 2007) - Arianne Resources Inc. (TSX VENTURE:DAR) With world demand for uranium exceeding by far, its offer, uranium prices doubled in the last two years and the current global energetic context seems to forecast higher demand for uranium in the years to come. In that environment, exploration for primary resources in uranium becomes relevant and with that in mind, the Company, in 2006, reallocated part of its activity to this sector. The management of Arianne Resources Inc. (DAR-V) wishes to update on its uranium projects for 2007.

Natashquan project : The acquisition of 1,250 hectares of land north of Natashquan was completed in December 2006. The claims were chosen following a modelization from geochemical anomalies of lake bottoms for uranium, copper are rare earth minerals. This was also based on available geological, geophysical as well as structural information. This acquisition was made possible through an agreement with the Innu Nitassinan Mining Fund of Natashquan, Quebec, a claim holder in this area.

The potential for uranium in the Cote Nord area as been proven with the high number of claims that were designated in this area by numerous exploration companies. A budget of $250,000 will be allocated to this project. Mid June, an helicopter geophysical survey (MAG-VLF-SPECTROMETRY) will take place on the property in order to identify the best uranium targets. Following results, a verification of the anomalies will be done on the field, during the summer.

Frank property : This copper-uranium property located within the Reservoir LG-3 sector, was acquired in 2006. There was no work done by Arianne on this property. Next summer, a field team will verify the extensions of the mineralized structures. It is noteworthy to mention that GM34753 reports assays on 4 samples from the property, two of which returned significant grades : #FR-1 : 5.3% Cu and 0.45% U and #FR-2 : 1.4% Cu and 0.29% U.

Mazenod and Paleo-placer properties : A brief prospecting survey took place on those properties in 2006. The objective of this reconnaissance was to identify geological units and their possible link to paleoplacer-type deposits (gold-uranium). A similar link was suspected in the early eighties (1980) by Placer Development Ltd. Their previous mapping and sampling identified highly anomalous gold samples (A.C.A. Howe Inter., 1981). Gold content of these rocks published by Placer Development are, in our opinion, very promising. They will be the object of another field evaluation next summer, mostly for uranium.

About the Company : Following financings in 2006, Arianne now has 2.5 M$ in cash, from which 1.9 M$ are reserved for exploration. This enables the Company to acquire new projects, like our recent involvement in the Detour Lake mining camp.

The Company is proud of its technical team that welcomed a new geologist, Christian Tremblay with 20 years of experience. He worked with Falconbridge and IOS Services Geoscientifiques. He was Director of the Saguenay-Lac-St-Jean Mining Fund (the"Fund") from 1998 to 2005. Until recently, Mr. Tremblay was supervising a major uranium exploration project in the Otish Mountains. He will now act as the uranium technical advisor for the Company. Following an agreement between the Company and the Fund, Mr. Tremblay will occasionally provide assistance to prospectors, for the Fund.

Mr. Tremblay joins the current technical team of Mr. Daniel Boulianne, exploration director and project geologists Roger Ouellet and Sebastien Vigneau.

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

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