Allana Potash Provides Updates on Nova Drilling and Feasibility Study

Allana Potash Corp. (TSX:AAA, OTCQX:ALLRF) announced  Nova drill results as well as feasability study updates.

As quoted in the press release:

 Nova drilling intersected similar geology delineated by exploration studies on Allana’s ground highlighted by hole DM-12-10 which intersected 5.50 metres of 33.7% KCl in the Sylvinite Zone and a strong Kainitite Zone which returned 7.0 metres grading 17.4% KCl. Prior to Allana’s acquisition of Nova on November 1, 2012 (See Allana news release, November 1, 2012), Nova completed 21 holes in 2011-2012 totaling 2122 metres, including DM-12-10.

Allana’s President and CEO, Farhad Abasov, said:

Allana is pleased by the completion of various aspects of the Feasibility Study and progress in all areas. Technical work on site is approaching completion and pilot solution mining of the Sylvinite Zone is underway, fed by water from Allana’s license. Processing studies, rock mechanic testwork, and the ESHIA are all on schedule and being completed by our technical consultants ERCOSPLAN and ERM. It is important to note that the hydrogeological studies have yielded positive preliminary results having found water in all drill wells. We expect to release the preliminary results shortly.

To view the whole press release, click here.