Eastern Shoreline KCL Even Better?I now believe that in time we will prove that the Potash Horizon continues from North to South on the EASTERN Shoreline of the Basin...When you look at the map below you can start to see why the Samarian Block of land (shown as the large striped block contained within our land and on the right hand side of our land package) would be Very Strategic for Allana to buy. It is about 7 miles from South Boulders land and about 5 miles south of Parsons drill holes mentioned below. It appears that the Potash Horizon covers the full basin from west to east...and is very shallow on the east shoreline of the basin...less than 100 meters deep. I would be very pleased indeed to hear shortly that Farhad has secured this parcel of land from the current lease holders Ethiopian Businessmen and before we post any drill results from our eastern drilling campaign. The potash is there...how much, time will tell.. One other interesting observation from page 82 of the EPC Resource Estimate was the allowable radius allowed based on Parsons 50 year old drilling records. We may be allowed a greater radius for our drill holes in the south and east where we have completed the 2D Seismic Survey? Having a 3.2 kilometer radius for the Measured and Indicated would be very material as we are using a 1.0 kilomter radius with the current prelim calculations....
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"The extent of the potash mineralisation and the continuity between drill holes can be determined by subsurface mapping and from 2D and/or 3D seismic in-vestigations.
? For the estimation of mineral resource at higher confidence levels such as "Indi-cated" and "Measured", the areal extent around the drill holes for which it is rea-sonable to infer the geological conditions depends on the continuity of the de-posit and may vary from 10m to up to 3.2km."
Since South Boulder has confirmed a new horizon of potash to the north east of their original discovery I wanted to know what Parsons found with his drill holes that are on the EPC Ethiopian Potash land to the south of South Boulders land. To that end, I read the NI Resource Estimate completed by Ercosplan for EPC. On page 77 of that report, Ercosplan states:
....Some additional information can be obtained from the results of the exploration drilling results from STB (STB, 2010, /21/), which is located near the area of the historical EPC drilling cam-paign near Colluli.
The two drill holes described find the deposit at a very shallow depth (< 100m). The potash deposit is divided in two parts by a thick layer of Bischofite, one drill hole has appreciable amounts of Sylvite and Carnallite above the Bischofite, which seems to be missing at the other drill hole. Both drill holes have a carnallitite layer and a kainitite layer below the Bischofite. Although the thick Bischofite layer is not known from the PARSON?s database these results suggest that the sylvinite, carnallitite and kainitite deposits as found by PARSONS on the west side of the Danakil Depression
extend over the basin to the east side of the depressionwhich makes the G&B Danakil Property very prospective for potash.
