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Allana Potash Intersects More Shallow Potash

Investing News Network
May. 05, 2011 07:34AM PST
Potash Investing

Allana Potash Corp. (CVE:AAA) reports that drill hole DK-11-17 intersected significant potash mineralization.

Allana Potash Corp. (TSXV:AAA) reports that drill hole DK-11-17 intersected significant potash mineralization.

The press release is quoted as saying:

The Sylvinite Zone returned 2.00 metres of sylvinite which graded 19.38% KCl and includes a 1.00 metre interval that returned 31.03% KCl. Further down the hole, 7.50 metres of Kainitite was intersected which returned 17.68% KCl.

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

“I am very excited about the continued success of the drilling in this previously unexplored southwestern part of the property. The shallow depth of the potash mineralization intersected in Hole 17 remains encouraging for evaluation of open pit mining. Historically this region was unexplored with no previous drilling and Allana now has intersected potash in all five holes on this part of the property. Management intends to incorporate Hole 17 data in the Company’s upcoming National Instrument 43-101 technical report.”

Click here to access the entire news release.

Click here to access Allana Potash’s company profile.

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