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Allana Potash Reports Further Positive Drill Results

July 7, 2010 @ 10:25 am In Potash Company News

[1]Allana Potash Corp. (CVE:AAA) reports the analytical results from drill reults that provide further confirmation of shallow potash mineralization on its Ethiopian Potash project.

Hole DK-10-03 is situated in the northwestern portion of Allana's claim block and was targeted to confirm historic drill results and test the extension of the Musley Deposit to the east-northeast.

As reported earlier, the previous samples from DK-10-01 returned low potash mineralization, however, if new horizons contain significant potash, DK-10-01 will exceed management's expectations for this part of our potash property.

Farhad Abasov, President and CEO of Allana Potash says:

"We are very pleased to have confirmed and exceeded the previous drilling results in this area. The results from DK-10-03 have also extended the potash mineralization associated with the Musley Deposit an additional 700 metres to the east. This hole provides further confirmation of shallow potash mineralization in this part of our property. We are also excited about additional sampling of the new potential potash-bearing horizons in hole DK-10-01. We expect to report the results of the new sampling of these potential zones from DK-10-01 in coming days."

For complete news release, click here. [2]

For Allana Potash's company profile, click here. [1]


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[1] Image: http://potashinvestingnews.com/496-developing-world-class-potash-project-in-ethiopia.html

[2] For complete news release, click here.: http://www.marketwire.com/press-release/Allana-Potash-Reports-Further-Positive-Drill-Results-Continuing-Confirm-Shallow-Potash-TSX-VENTURE-AAA-1286733.htm

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