Articles Tagged "allana potash"

Allana Potash Corp. Announces First Analyst Tour of Its Ethiopian Potash Project

Allana Potash Corp. (CVE:AAA) reports its organization of a first analyst tour for mining and fertilizer analysts as well as investment fund managers for its exploration project in the Danakhil Depression, Ethiopia. The group also conducted meetings with top government officials in Addis Ababa, the capital city of Ethiopia. Allana Potash’s President and CEO, Farhad Abasov says: “We are [...]

Allana Potash Corp. Commences 2D and Downhole Seismic Survey

Allana Potash Corp. (CVE:AAA) reports that it has began its 2D surface seismic survey and its down hole seismic survey at its Ethiopian potash project in the Danakhil Depression.  This horizon remains open in all directions and it is anticipated that the 2D seismic survey will assist in defining the continuity of this prospective zone. President [...]

Allana Potash Announces Discovery of Thick Potash Horizon

Allana Potash Corp. (CVE:AAA) reports discovery of thick potash horizon and potential to explore even more. Hole DK-10-04 returned 17.9 % KCl over 1.3 metres, and 10.4 metres of 10.5 % KCl, within an interval of 24.8 metres of 8 % KCl. Allana Potash’s President and CEO, Farhad Abasov says: “We are very pleased to have identified [...]

Allana Potash Successfully Completes Drill Hole 4

Allana Potash (CVE:AAA) reports that it has completed drill hole DK-10-04 in the centre of the evaporite basin. This hole was targeting potash mineralization intersected by Parsons holes 5 and 7 at a depth of 680 metres vertical. President and CEO of Allana Potash, Farhad Abasov says: “Allana is very pleased to have completed hole DK-10-04 [...]

Allana Potash Announces Positive Potash Mineralization

Allana Potash Corp. (CVE:AAA) reports additional evaluation and sampling of drill hole has identified shallow potash mineralization. Previous sampling of prospective potash horizons in hole DK-10-01 returned low potash values. After further evaluation by the Allana geologists and consultants, a prospective potash horizon was identified at a depth of approximately 110 metres and sampled. This zone returned 6.55 metres [...]

Allana Potash Reports Further Positive Drill Results

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 [...]

Allana Potash Clarifies Earlier Press Release

Allana Potash Corp. reports its clarification on its news release dated June 9th, 2010. In addition, Allana wishes to clarify the timing of the issuance of laboratory analyses for holes DK-10-01 and DK-10-02. The results of the analyses of DK-10-01 and DK-10-02 will be released as soon as the evaluations are completed which should be within a [...]

Allana Potash reports Upsizing of Private Placement

Allana Potash Corp. (TSX VENTURE:AAA) reported that in order to satisfy additional demand the compny has increased the size of its private placement, previously announced on March 2, 2010, to 14,442,500 units of the company at a price of $0.40 per Unit for gross proceeds of $5,777,000, on a private placement basis.

Allana Potash Updates on Exploration Activities in Ethiopia

Allana Potash Corp. Inc. (TSX VENTURE:AAA) proviced an update of exploration activities at its Danakhil Potash Project in Ethiopia. The press release is quoted as saying: The main activities include camp construction, road rehabilitation and mobilizing a diamond drill and support infrastructure for the planned 2,500 – 3,000 m drill program. The objective of the [...]