TSXV:AAA.P - Post by User
Post by
sbergieon Sep 19, 2012 3:23pm
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Post# 20387247
Just keeps getting bettet
Just keeps getting bettet
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Allana Potash Corp. Featured in the Financial Post Online - Small Cap News
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Investor Cubed is pleased to forward you an article from the Financial Poston behalf ofAllana Potash Corp. (TSX: AAA):
- The article discusses Allana's recent acquisition of the adjacentNova-Ethio Potash property.
- The acquisition provides Allana with the possibility of substantially increasing their Sylvanite resource as well as the "means to mine" their mineral resources with access to significant water resources.
"We're doing water testing on our site and on Nova's site, and that's progressing well. The studies we've done indicate there is lots of water on our property and Nova's property, especially in the southwest. We've also done some work on pilot testing of recharge rates. It's one thing to take water from the ground, but it is another to see how quickly it is recharged. Reflectivity analysis has shown not only a lot of water, but the recharge rates are pretty good, especially from the alluvial-fan area, which flows right into the Nova property and some parts of our property."
- Richard Kelertas, SVP, Corporate Development
- The article also provides an update on on-going property work.
- The article provides a regional and infrastructure update.
"Over the last 10 years, the Ethiopian government has spent something like $1.5 billion in improving the road system. Now we've had most of the roads around our area completely rebuilt and set up for haul roads to be able to ship our products. There is also a paved highway that's close by, and we've also got our road system into our camp and an airstrip that we put in with government help.
"Also, there is another 30 to 40 kilometres worth of road that is being rebuilt and brought up to spec, and will connect our project all the way down into Djibouti. We're quite pleased with the road infrastructure improvements so far carried out by the government."
- Richard Kelertas, SVP, Corporate Development
To view the full article, please click here.
If you have any questions or would like to meet with Allana's management team, please contact Investor Cubed at647 258 3311 or info@investor3.ca.
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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.
Contact Allana Potash Corp.
Richard Kelertas, Senior Vice President, Corporate Development
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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 atwww.investor3.ca.
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Alan Huycke
President
Investor Cubed Inc.<
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