2013年11月5日星期二

Allana Announces Tungsten Carbide Drill Results From Nova License

Allana Announces Drill Results From Nova License And Continues To Expand Potash Mineralization
Allana Potash Corp. announces drill results from 20 core holes completed on the Nova license acquired by the Company in 2012. The Company initiated its program late in 2012 and completed 20 core holes totaling 5119 metres. Analytical results have been compiled and potash mineralization extends both south and west from Allana's core license onto the Nova license. Drilling highlights include hole DM-13-29 which returned 2.50 metres of 28.3% KCl in the Sylvinite Zone, hole DM-13-30 which yielded 1.90 metres of 34.5% KCl in the Sylvinite Zone and hole DM-13-37 which returned 4.50 metres of 21.6% KCl in the Sylvinite Zone.
Farhad Abasov, President and CEO, commented "we are very pleased with the results from the exploration drilling on the Nova license. Drill results indicate the extension of Sylvinite and Kainitite mineralization south and west of the original Allana license with Sylvinite primarily located in the west, which management believes has the potential to be incorporated into our mining plan. Results indicate that kainitite is widespread, which we believe may add significantly to potential future mineral resource estimates."
Allana-Nova Drilling Results
Prior to Allana's acquisition of Nova, Nova completed 21 drill holes on its exploration license totaling 2122 metres. Nova drilling was concentrated on the western portion of its license and the program was designed to delineate extensions of the Musley Deposit as well as outline the limits of the evaporite basin. Generally, the Allana drillholes on the Nova ground intersected similar stratigraphy to that outlined by drilling on the Allana license. Drilling has now defined the western edge of the basin where Sylvinite distribution is variable however Kainitite is present throughout the basin. All holes were drilled vertically and 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.
Drill results have been incorporated into the Allana database and Allana expects to incorporate Nova results into an updated mineral resource estimate in the coming months.

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