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Allana Potash Corp. (TSE:AAA) announced that it has intersected potash mineralization in Holes DK-11-24 (“Hole 24”), DK-11-25 (“Hole 25”) and DK-11-26 “Hole 26”).
Allana Potash Corp. (TSX:AAA) announced that it has intersected potash mineralization in Holes DK-11-24 (“Hole 24″), DK-11-25 (“Hole 25″) and DK-11-26 “Hole 26″).
The press release is quoted as saying:
All Holes intersected two zones of potash, Sylvinite and Kainitite, at shallow depths and are located in the southwestern portion of Allana’s land position. Hole 24 yielded 35.12% KCl over 2.81 metres at a depth of 135.83 metres which corresponds with Sylvinite Zone, and 21.03% KCl over 6.30 metres from the Kainitite Zone. Hole 25 also intersected the Sylvinite Zone returning 29.33% KCl over 5.5 metres and the Kainitite Zone which returned 18.98% KCl over 5.89 metres. Hole 26 yielded 20.26% KCl over one metre of sylvinite at a depth of 105 metres and a robust Kainitite Zone which returned 18.54% KCl over 8.00 metres. The potash mineralization in Hole 25 was intersected at approximately 101 metres below surface and all holes are located in the southwestern portion of the property where holes 8, 11, 16, 17, and 19 also intersected shallow potash and management believes this area may be amenable to open pit mining.
Allana Potash’s President and CEO, Farhad Abasov commented:
“Allana is extremely encouraged by the zones of strong potash mineralization intersected in Holes 24, 25 and 26 and that the potash continues to occur at shallow levels. These holes, combined with previous holes completed by Allana, form a region of potash mineralization which occurs at depth between 75 and 200 metres below surface. Allana management believes that the potash in this region may be amenable to mining by open pit methods and future studies will focus on this potential.”
Click here to access the entire news release.
Click here to access Allana Potash’s company profile.(TSX:AAA)