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Allana Potash Announces Completion and Positive Preliminary Interpretation of Its Seismic Program

Investing News Network
Mar. 15, 2011 08:54AM PST
Potash Investing

Allana Potash Corp. (CVE:AAA) reports that it has received preliminary interpretation 2D seismic profiles from a completed survey in late 2010.

Allana Potash Corp. (TSXV:AAA) reports that it has received preliminary interpretation 2D seismic profiles from a completed survey in late 2010.

The press release is quoted as saying:

The preliminary seismic interpretations, coupled with drill hole information as well as downhole geophysical results suggest strong continuity of the potash horizon and evaporite stratigraphy across the southern part of the basin where the survey was conducted. Additional drilling will further test these results and will help to refine the model and characterize the potash zones.

Allana’s President and CEO, Farhad Abasov says:

“Allana is very pleased with the preliminary seismic interpretations by Tesla-IMC which indicate strong continuity of potash horizons. This data will be extremely helpful in determining the extent and continuity of the potash horizons, which will be key in further resource updates. The interpretations will be updated as new drill hole information, such as recently released drill hole DK-11-11, becomes available to characterize the potash mineralization. This is particularly important in areas such as hole 11, which has seen very limited exploration in the past. Allana is also planning to drill several holes on the eastern part of the project as a result of the seismic interpretation.”

Click here to access the entire news release.

Click here to access Allana’s company profile.

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