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Lac à Paul phosphate/ilmenite deposit
July 27, 2010 - 00:00 GMT
KEYWORDS:
Phosphate
,
ilmenite
,
Canada
,
Ressources d’Arianne
,
Lac à Paul
Ressources d’Arianne Inc. has decided to now concentrate on its phosphate assets owing to the opportunities of the growing fertiliser market. The company hopes to start production of phosphate and ilmenite within the next five years at its Lac a Paul deposit in Quebec, Canada
The company hopes to start production of phosphate and ilmenite within the next five years at its Lac a Paul deposit in Quebec, Canada (IM 25 March 2010: Arianne focuses on phosphate).
At present, we are looking for a partnership. But if we make a deal this year, production could start by 2015, Bernard Lapointe, Ressources dAriannes chief executive officer, told IM.
Any development of the resource will also grab the attention of the titanium dioxide (TiO2) industry which is desperate for new feedstock sources. The Lac a Paul deposit, located near Saguenay-Lac-St-Jean in Quebec, has total resources of 338.5m. tonnes of phosphate and ilmenite (see below).
Geology & mineralogy
Lac a Paul, located about 200km north of Saguenay city, Quebec, consists of 345 claims covering 204km2. The deposit lies in the Lac-Saint-Jean anorthositic suite, located in the central part of the Grenville...
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Euromoney Institutional Investor PLC.
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