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Allana Potash Corp. reports its clarification on its news release dated June 9th, 2010.
In addition, Allana wishes to clarify the timing of the issuance of laboratory analyses for holes DK-10-01 and DK-10-02. The results of the analyses of DK-10-01 and DK-10-02 will be released as soon as the evaluations are completed which should be within a few […]
Allana Potash Corp. reports its clarification on its news release dated June 9th, 2010.
In addition, Allana wishes to clarify the timing of the issuance of laboratory analyses for holes DK-10-01 and DK-10-02. The results of the analyses of DK-10-01 and DK-10-02 will be released as soon as the evaluations are completed which should be within a few days. Samples from DK-10-03 are only currently being shipped from Ethiopia to Saskatoon, and likely to arrive in the lab next week. The evaluation and analysis of DK-10-03 will take approximately two weeks from today and the Company will release the results as soon as they are available.
Farhad Abasov, President and CEO of Allana Potash says:
“Allana management has decided to issue this clarification in response to many inquiries received from our valued shareholders. We expect to release the assay results for Holes 1 and 2 early next week. The drill program is going full speed with the successful drilling of the fourth hole. We anticipate the samples from the third hole to arrive in the lab next week, and we will announce the results once they are received. The 10,000-meter program is a previously announced and planned phase II drilling program, and is a very positive development for the company as we are on track with our development program.”