Allana potash comaprable Greenfield projects Allana Potash Corp.
November 7, 2011
Exhibit 5: Allana Potash - Comparable Junior Po
tash Explorer/Developer Gree
nfield Projects (Africa)
Resource (Recoverable KCl)
2
Company
Project
Owndership
Interest Location Development Stage
Mine Type
Planned
Potash
Minerals/Ores Estimated Start-up
Annual Capacity
(Mt) Est. Opex ($/tonne)
1
Est. Required
Capex
Est. Capex
($/tonne)
P+P
Reserves
M+I
KCl (Mt)
Composite KCl
Grade
3
Inferred
KCl (Mt)
Composite KCl
Grade
3
Allana Potash
Dallol 100%
Danakil
Depression,
Ethiopia
Feasability Study
Solution + Solar
Evaporation
MOP, SOP
Sylvinite
Kainitite
Carnallitite
2014
1.0
85
600
600
--
33
19%
31
20%
Allana Potash
Dallol 100%
Danakil
Depression,
Ethiopia
Drilling
Updated NI 43-101
Q2/11
Open Pit + Solar
Evaporation
MOP, SOP
Sylvinite
Kainitite
Carnallitite
2014
1.0
105
750
750
--
82
19%
78
20%
Elemental Minerals Ltd.
Sintoukola 93%
Kola, Republic of
Congo
Feasability Study
2011
Solution MOP
Sylvinite
Carnallitite
2015
--
--
--
--
--
39
31%
48
30%
Ethiopian Potash Corp.
G&B
Property
100%
Danakil
Depression,
Ethiopia
Drilling
Updated NI 43-101
Q3/11
-- MOP, SOP
Sylvinite
Kainitite
Carnallitite
-
- -
- 1
1
5 -
--
--
--
--
-82
2
%
MagIndustries
Kouilou 100%
Solution MOP
Carnallitite
--
--
--
--
--
--
--
--
626
19%
MagIndustries
5
Mengo 100%
Pointe-Noire,
Republic of
Congo
Mine Construction
(pending financing)
Solution MOP
Carnallitite
Sylvinite
2012 - 2013 1.2 125 1,258 1,048 33 -- -- 73 17%
NGEx Resources Bada Potash -- Bada, Eritrea
Drilling
Q2/11
--MOP-- -- -- -- --------------
South Boulder Mines Colluli 100%
Danakhil
Depression,
Eritrea
Resource
Delineation
(Drilling)
Open Pit + Solar
Evaporation
MOP, SOP
Sylvinite
Kainitite
Carnallitite
2015 1.5 105 -- -- -- 13 19% 22