Allana Resources take on Ethiopian Potash Project

Company News

Allana Resources Inc. (TSX VENTURE:AAA) today announce that the company has received multiple unsolicited offers from various strategic counterparties to participate in its potash project located in the Danakil Depression in northeastern Ethiopia. The press release is quoted as saying: Allana is a publicly traded corporation with a focus on the acquisition and development of …

Allana Resources Inc. (TSX VENTURE:AAA) today announce that the company has received multiple unsolicited offers from various strategic counterparties to participate in its potash project located in the Danakil Depression in northeastern Ethiopia.

The press release is quoted as saying:

Allana is a publicly traded corporation with a focus on the acquisition and development of potash assets internationally with its major focus on a previously explored potash property in Ethiopia with 43-101-compliant Inferred Mineral Resource of over 100 million tonnes of potash mineralization (Sylvite and Kainite) with a composite grade of 20.8 % KCl (see Allana News Release Sept. 17, 2008).

Click here to access the entire press release

Click here to access Allana Resources Corporate Site

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