TSXV:AAA.P - Post by User
Post by
franky06on Jul 14, 2012 12:09am
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Post# 20113091
Be thirsty
Be thirsty
Easy availability of water...
Water is a key requirement for potash plants as large amounts of water are required during the refining process. Typically, the water required is sourced from nearby surface and ground water supplies. Because of the large quantities of water required, it is important for junior firms to situate their operations close to freshwater supplies and to be able to dispose off water. Allana’s potash property has access to abundant fresh water. There are over 10 water wells on the property that were drilled during the exploration program carried out by Parsons from late 1950s to 1960s. These existing water wells were tested and can pump up to 700 gallons of water per minute. The company also claims that there are additional fresh water sources at Regali River and Lake Afdera. Based on the technical report, the company has not yet completed a thorough analysis of neighbouring freshwater supplies and further investigation would be required to substantiate these assumptions.
https://www.ubikaresearch.com/report/Allana-Resources/AAA_Update%20report_July_13_09.pdf