You got to ask.... If the following is not an indication of the Gold mine that the Management Team here has royally torpedoe then what is?
Get your act together freaken loosers and deliver the value promissed to your shareholders....
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April 30, 2012
Allana Announces Mineral Resource Update: Measured+Indicated Mineral Resources Increase by Over 90%
TORONTO, ONTARIO--(Marketwire - April 30, 2012) -
Allana Potash Corp. (TSX:AAA)(OTCQX:ALLRF) ("Allana" or the "Company") is pleased to announce that it has received an updated National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate from ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergau ("ERCOSPLAN") on its Danakhil Potash Project in Ethiopia.
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The measured and indicated mineral resource estimate totals 1,297,529,000 tonnes with an average grade of 19.32 % KCl, representing approximately 250 million tonnes of KCl. This is more than a 90% increase over the June 2011 measured and indicated mineral resource estimate of 673 Million tonnes at an average grade 18.65% KCl, and close to a doubling of the KCl tonnes in these resource categories (see news release dated June 20, 2011)(the "June 2011 report").
In addition to the strong increase in measured and indicated mineral resources, the inferred mineral resource estimate for all four potash units is an additional 588,150,000 tonnes grading 18.56 % KCl. A summary of the mineral resources is presented in Tables 1 and 2 below.
The increase in measured and indicated mineral resources was dominated by an increase of over 170% in the measured category with the revised measured mineral resource totaling approximately 567,815,000 tonnes containing 107,010,000 tonnes of KCl versus 207,620,000 tonnes of measured mineral resource and approximately 36,405,000 tonnes of KCl delineated in the June 2011 report.