Allana Potash Corp. (TSX:AAA,OTCQX:ALLRF) filed a National Instrument 43-101 compliant Technical Report for its Danakhil Potash deposit dated April 30, 2012 and completed by ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergau on SEDAR.
As quoted in the press release:
Highlights of the Danakhil Potash deposit resource update include:
- Total Measured and Indicated Mineral Resources of 1.297 Billion tonnes from all four potash horizons with an average grade of 19.3% KCl for a total of 251 Million tonnes of contained KCl.;
- An additional Inferred Mineral Resource of 588.2 Million tonnes from all four potash horizons with an average grade of 18.6% KCl for a total of 109 Million tonnes of contained KCl;
- Total Measured and Indicated Sylvinite Resource of 171.4 Million tonnes with an average grade of 31% KCl for a total of 53 Million tonnes of contained KCl.;
- Total Inferred Sylvinite Resource of 46.6 Million tonnes with an average grade of 30.3% KCl for a total of 14 Million tonnes of KCl.
Allana Potash President and CEO Farhad Abasov said:
“Allana is very pleased to file this NI 43-101 compliant mineral resource update technical report prepared by ERCOSPLAN. This resource estimate represents a significant increase in almost all categories from the 2011 mineral resource estimate and will form the resource base for our ongoing Feasibility Study. Since this resource was calculated, 14 additional exploration holes have been completed and Allana anticipates completing another resource update in Q4 2012.”