RE: Allana isn't aloneNice find Zorus. No Allana isn't alone, but I wasn't aware of South Boulder Mines which is drilling the Colluli Potash Project in Eritrea.
I'm not sure where that is situated with regards to Allana's property, but I believe BHP is in closer proximity to Allana. Correct me if I'm wrong.
What I really like is their latest news release detailing their update on drilling and finding potash mineralization from their 1st drillhole. Have to say this, but maybe Allana can take some pointers?
Check it out:
https://www.southbouldermines.com.au/images/uploads/862246.pdf?phpMyAdmin=1bd01278398afe2def79ae9abee3d160
Shallow Potash Intercepted
South Boulder Mines Ltd (ASX: STB) is very pleased to announce that
diamond drilling has confirmed the presence of potash at the Colluli
Potash Project in Eritrea.
The first hole of a 4-5 hole program has intercepted the upper portion of a
potash layer starting at ~65.00m vertical depth. White carnallite potash
mineralisation has been identified from visual and physical field tests.
The full chemical composition of the mineralised intervals cannot be
determined until laboratory chemical analyses can be performed.
Significant core recovery issues were encountered at a depth of
approximately 70.80m and drilling was temporarily halted in the potash
zone, in order to identify and rectify the problems.
The recovery issues have now been assessed and an updated drilling
mud plan has been implemented in order to maximise core recovery.
Drilling recommenced on the 4th of July.
As at the time of this report a 6.5m interval of potash rich mineralisation
was intercepted from 65.00m which included ~1.50m of core loss at the
base of the interval.
“We are having a few teething problems with our drilling muds as this is
the first hole of the program. It wasn’t unexpected as potash drilling is
technically involved. I am incredibly pleased with the early success of
this first hole though”, commented South Boulder Mines Managing
Director, Lorry Hughes from the Colluli site.
‘We were expecting potash, however, it was a very nice surprise to get it
in our first hole and so shallow. We will continue to drill until we get
conclusive results and confirm the visual identification of the minerals by
chemical analyses.”
Further details about the drilling program and the Colluli Potash Project
are detailed in the recent ASX announcements dated 24th June and 27th
April 2010.
Results from the program as well as progressive updates will be released
as the information come to hand.