Allana Potash increases resources at Danakhil potash project
Toronto-based Allana Potash announced Monday a significant boost to its resource estimate for the company's Danakhil potash project in Ethiopia. industrial can crusher The updated NI 43-101 compliant report estimated total measured and indicated resources of 673 million tonnes, with an average grade of 18.65% potash, or KCI, (the composite grade of all four potash-bearing beds including sylvinite, upper and lower carnallite and kainitite).
Inferred mineral resources now stand at 596 million tonnes with an average grade of 19.96% KCI. Previously, the resource stood at just over 100 million tonnes in the inferred category only. "We are very pleased with the dramatic increase in the potash resources at the company's Dallol Project in Ethiopia which greatly exceeds management's initial expectations," said president and CEO Farhad Abasov. "The resource has grown from just over 100 Million tonnes of inferred mineral resources to 673 million tonnes of measured and indicated mineral resources and over 596 million tonnes of inferred mineral resources with good potential to expand on this resource."...
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