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Cours Or & Argent

Allana Potash Inc.

Publié le 14 juin 2012

(TSX: AAA) Files Updated Mineral Resource Estimate Technical Report for Its Danakhil Potash Project

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Allana Potash Corp. Files Updated Mineral Resource Estimate Technical Report for Its Danakhil Potash Project
June 14, 2012
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Investor Cubed is pleased to forward a news release on behalf of Allana Potash Corp. (TSX: AAA) highlighting the following:

 

  •  Allana Potash Corp. is pleased to announce that it has filed a National Instrument 43-101 ("NI 43-101") compliant Technical Report dated April 30, 2012 and completed by ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergau ("ERCOSPLAN") on SEDAR at www.sedar.com.
  •  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 KCI.
    • 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 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."

-Farhad Abasov, President & CEO of Allana Potash

 

 

To read the full news release, please click here. 

 

If you have any questions or would like to meet with Allana's management team, please contact Investor Cubed at 647 258 3311 or info@investor3.ca  

 

 

 

About Allana Potash Corp.
 
Allana Potash is a Canadian publicly traded corporation with a focus on the international acquisition and development of potash assets. The Company is currently developing a previously explored potash property in Ethiopia, the Dallol Potash Project. Allana has secured financial support from two significant strategic investors: IFC, a member of the World Bank Group, and Liberty Metals and Mining Holdings, LLC, a subsidiary of Liberty Mutual Group. 
 
Richard Kelertas,
Senior Vice President - Corporate Development
Allana Potash Corp.
(416) 861-1685
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I3 Services & Opportunity 

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About Investor Cubed Inc. 

 

Investor Cubed is a leading Canadian Investor Relations firm. We are an integral partner in assisting a select group of emerging and mid-cap companies - our clients - to gain considerable market exposure by introducing them to our national network of financial industry professionals including investment advisors, bank owned investment dealers, and leading independent financial firms. We add value by providing a holistic array of services including specialized investor relations and business consulting, professional advice to help raise capital, and additional benefits through our network of strategic partnerships.

 

For more information, please visit our corporate website at www.investor3.ca.

Neil Simon

CEO

Investor Cubed Inc.

647.258.3311

nsimon@investor3.ca             

Alan Huycke

President

Investor Cubed Inc.

647.258.3311

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Allana Potash Inc.

CODE : AAA.V
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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.

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