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Allana Potash Intersects Highest Grade Potash to Date With 52.40 % KCl Over 0.80 Metres

Investing News Network
May. 19, 2011 03:15PM PST
Potash Investing

Allana Potash Corp. (CVE:AAA) reports intersecting highest grade potash to date.

Allana Potash Corp. (TSXV:AAA) reports intersecting highest grade potash to date.

The press release is quoted as saying:

Drill hole DK-11-15 (“Hole 15″) has intersected significant potash mineralization up to 52.40% KCl over 0.80 metres. Hole 15 intersected two strong zones of potash mineralization which appear to correlate with the Sylvinite Zone and Kainitite Zone. The Sylvinite Zone returned 2.70 metres of sylvinite which graded 39.38 % KCl and includes a 1.70 metre interval that returned 49.13% KCl and a further sylvite-rich zone that returned 0.80 metres of 52.40% KCl. Further down the hole, 6.80 metres of kainitite was intersected which returned 25.87% KCl.

Allana Potash’s President and CEO, Farhad Abasov says:

“We are very pleased with the additional strong potash mineralization intersected in Hole 15. This area continues to return high potash grades and significant thicknesses. Each drill hole in this area yields higher grades and the 52.40% KCl over 0.80 metres is the highest grade intersected to date on the property. In addition to the impressive sylvinite zone, Hole 15 also intersected strong kainitite returning 25.87% KCl over 6.80 metres and this is also the highest grade kainite encountered to date on the property and bodes well for our studies on producing SOP, a premium potash product, from kainite. Management intends to incorporate Hole 15 data in the Company’s upcoming NI 43-101 technical report.”

Click here to access the entire news release.

Click here to access Allana Potash’s company profile.

potash-corp tsxv-aaa allana-potash
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