President and CEO
Senior Vice President,Exploration
nb Abba Ba
Senior Vice President,Business Development
BoArD oF DirectorsFahad Aba, M.B.A.
President, CEO & Director
D. Mak sauff
ADvisory BoArDD. s Halabua
WerderMegaJima AwasaDire DawaDeseGonderNek’emte AgaroDebre Mark’osNazret
S h e b e l e
G e n a l e
etHioPiAn PotAsH Project
Three potash concessions (Dallol Potash Project) located in Ethiopia’snortheastern Danakil Depression totaling approximately 150 square kilometers.The potash mineralization in the Danakil Depression is well known with small-scalepotash mining carried out intermittently from the early 1900s.Allana’s project has been previously explored. The US-based Parsons potash company drillednearly 300 drill holes from 1958-1967 and even sank a shaft to conduct underground mining.Allana has completed four exploration drill holes and all intersected potash at shallow depthsincluding 2 metres of 34.8 % KCl.
HOLEFROM (m)TO (m)WIDTH (m)*KCl (%)DK-10-01110.80117.306.5017.65including114.15116.152.0019,94DK-10-02150.10155.655.5025.80including150.10152.102.0034.80DK-10-03151.25161.209.9519.52including152.35154.352.0028.90DK-10-04744.0776.432.4 m8.00
The project has major advantages which could lead Allana to be one of the lowest cost potash producers in the world.
Allana has completed a NI 43-101 compliant technical report for the three concessions. Thetechnical report highlighted several unique advantages of this project:
Kainite) with a composite grade of 20.8% KCl