Oct 18 2011
Allana Potash Corp. has announced that it has intersected three zones of strong potash mineralization in Hole DK-11-28 ("Hole 28").
Hole 28 is located in the northwestern portion of the concession block and was targeted to test potash mineralization west of Hole 15. Hole 28 intersected a strong Sylvinite Zone at a depth of 198.8 metres which yielded 40.27% KCl over 3.56 metres. A robust Kainitite Zone was also intersected deeper in the hole at a depth of 266.43 metres and returned 21.98 % KCl over 8.39 metres.
Farhad Abasov, President and CEO, commented: "Allana continues to be encouraged by the continuity and strength of potash mineralization in the northwestern portion of the property as exhibited by the results of Hole 28. This area continues to yield high grade potash in the Sylvinite and Kainitite zones which management believes will allow Allana to upgrade mineral resources from Inferred to Measured and Indicated categories as well as add to the Inferred category. The potash zones remain open to the north and northeast towards Hole 9 which bodes well for expansion of the resource. The relatively shallow and high grade nature of the Sylvinite Zone make this area ideal for solution mining with recovery through solar evaporation."
Hole 28 is part of a drilling program in the north designed to test extensions of potash mineralization and allow more material to be included in the Measured and Indicated mineral resource categories. The results for Hole 28 are presented in the table below. True widths of the potash zones are estimated to be very similar to drilled widths due to the flat-lying nature of the potash horizons. The zones of potash mineralization are outlined in the following table:
Hole 28 was drilled vertically and was collared approximately 750 metres west of Hole 15 (see attached figure). Hole 28 is located in the northwestern part of the concession block west of Hole 15 and east of the historic Musley Deposit suggesting that potash mineralization at Musley continues and is consistent at least to Hole 15. Previously released Allana drill holes in this region yielded very high sylvinite grades (see attached figure) and the results of Hole 28 suggest continuity of potash throughout the region. The potash zones remain open north and northeast of Hole 28, indicating good potential to increase mineral resources in this area.
Exploration drilling is continuing in western part of the property (Hole 36) as part of the infill drilling program that management has designed to add mineral resources and increase confidence in current resources by reducing the spacing between holes allowing more material to qualify for Measured and Indicated mineral resource categories. Samples from holes 29-35 are undergoing analysis or are en route to the laboratory in Saskatoon, Canada.
Source: www.allanapotash.com