Allana Potash Corp.(TSX:AAA) announced further strong potash mineralization at its Dallol project. The Company is drilling with the aim of completing a new feasibility study, Allana hope to complete the feasibility study by Q4 2012.
As quoted in the press release:
All holes, with the exception of Hole 42, intersected potash mineralization, highlighted by Hole 41 which returned 5.44 metres of Sylvinite Zone yielding 33.24% KCl including a 1.28 metres section of 49.86% KCl (see Table 1, Figure 1). Hole 42 did not intersect potash as it was located directly on a narrow fault. Also of note is Hole 43, the easternmost hole in the southwest, which returned 2.9 metres of Sylvinite with 36.89% KCl and 6.01 metres of Kainitite. Potash mineralization remains open to the east and additional exploration drilling will be undertaken to define the mineral resource in the next quarter.
Allana Potash, President and CEO, Farhad Abasov, said:
Allana continues to be pleased with the continuity and strength of potash mineralization in the eastern and western portions of the property, as exhibited by the results of the latest drill holes. The successful in-fill and expansion drilling programs continue to outline potash mineralization and management believes this may allow Allana to continue to upgrade mineral resources from Inferred to Measured and Indicated categories in adding to all mineral resource categories. The results from Hole 48 are particularly encouraging outlining potash mineralization further north than any of the Company’s previous drilling. Additional drilling is underway in this region to further delineate potash mineralization on the northernmost part of the property and to fill in gaps from previous programs.