- Published: 19 May 2014
- Written by Editor
May 16th By Chris Berry
Two brief but significant updates today on companies we are following. I am the Chair of the Industrial Minerals Lithium Supply and Markets Conference in Montreal this week, but will be available for any questions on these companies or anything else.
Arianne Phosphate (DAN:TSXV, DRRSF:OTCBB)
Good news out of Arianne Phosphate (DAN, TSXV, DRRSF:OTCBB) with the announcement of a mineral resource estimate on the Nicole Zone of the Lac à Paul phosphate project.
As a refresher, the Lac à Paul project hosts several distinct zones and the addition of the inferred resource on the Nicole Zone should be beneficial to the company as it can positively affect the already promising project economics. As a refresher, here is the initial research I wrote on DAN and an overview of the phosphate market I published can be viewed here.
Below is a map showing several various zones, some of which could presumably be combined into a single larger pit to gain efficiencies from scale.
