Investor Cubed is pleased to forward an update from The Energy Report. Analysts from Salman Partners, and Union Securities provide their comments and postitive outlook on Allana Potash Corp. (TSX: AAA).
"Allana Potash Corp. reported drill results from 11 holes on its Dallol potash property. . .four of these provide potential upside for the company to upgrade its Inferred resources into Measured and Indicated categories and to increase the size of its overall resource. . .Allana is currently conducting additional drilling in this region to further delineate potash mineralization, which we view as potential upside for the company to increase its current sylvinite resource. . .we maintain our Buy recommendation and our 12-month target of CA$1.20."
- Andrea Rubakovic, Salman Partners
"Allana Potash Corp.'s drill results indicate Dallol will continue to grow in both size and confidence as hole 48 intersected 3m of 28% KCl (from 326.2-329.2m) within the Sylvinite horizon of Dallol. This hole. . .suggests that the tabular ore body of Dallol is open to the north and significant mineralization lies to the north, outside of the current resource shell. . .we anticipate this zone will add considerable tonnage to an updated resource estimate, which can be expected in Q3/12."
- Philip Ker, Union Securities
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Allana est une société d’exploration minière basée au Canada.
Allana détient divers projets d'exploration en Argentine et en Ethiopie.
Ses principaux projets en exploration sont ARGENTINA POTASH PROJECT en Argentine et DALLOL POTASH PROJECT en Ethiopie.