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Allana Potash encounters additional shallow potash in Ethiopia

Published: 20:35 15 Sep 2011 BST

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Allana Potash (TSE:AAA)(OTC:ALLRF) said Thursday it has intersected potash mineralization in Holes 24, 25 and 26 at shallow depths in the southwestern portion of its land position in Ethiopia.

Farhad Abasov, President and CEO of Allana said: "These holes, combined with previous holes completed by Allana, form a region of potash mineralization which occurs at depth between 75 and 200 metres below surface. Allana management believes that the potash in this region may be amenable to mining by open pit methods and future studies will focus on this potential."

Hole 24 yielded 35.12% KCl (potassium chloride) over 2.81 metres at a depth of 135.83 metres which corresponds with Sylvinite Zone, and 21.03% KCl over 6.30 metres from the Kainitite Zone. Hole 25 also intersected the Sylvinite Zone returning 29.33% KCl over 5.5 metres and the Kainitite Zone which returned 18.98% KCl over 5.89 metres. Hole 26 yielded 20.26% KCl over one metre of sylvinite at a depth of 105 metres and a robust Kainitite Zone which returned 18.54% KCl over 8.00 metres.

The potash mineralization in Hole 25 was intersected at approximately 101 metres below surface and all holes are located in the southwestern portion of the property where holes 8, 11, 16, 17, and 19 also intersected shallow potash and management believes this area may be amenable to open pit mining.

Allana is focused on the acquisition and development of potash assets internationally with a major focus on a previously explored potash property in Ethiopia.

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