AAA: Another Excellent Hole at Danakhil

JARET ANDERSON, Salman Partners (04/12/2011)
"Allana yesterday released drill results for its latest hole, DK-11-13. The highlights include: The grade is the highest reported on the property to date at 47.81% KCl (muriate of potash) over 1m; the sylvinite zone returned 45.86% KCl over 2.8m (including 47.81% over 1m), while the kainitite zone returned 22.91% over 8.7m; positive result but it doesn't change the story. . .Allana is expected to release its updated resource estimate in late May, which is expected to yield a resource of potentially 1 billion tons or more."

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