www.allanapotash.com | tsX.

v: AAA

Potash in Africa
etHioPiAn PotAsH Project Three potash concessions (Dallol Potash Project) located in Ethiopia’s northeastern Danakil Depression totaling approximately 150 square kilometers. The potash mineralization in the Danakil Depression is well known with small-scale potash mining carried out intermittently from the early 1900s.
Nek’emte Agaro

Allana Potash

Dire Dawa Harhar Nazret Jijiga

Dese Debre Mark’os Addis Ababa Jima






n Ge ale


Allana’s project has been previously explored. The US-based Parsons potash company drilled nearly 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 depths including 2 metres of 34.8 % KCl.
HOLE DK-10-01 including DK-10-02 including DK-10-03 including DK-10-04 FROM (m) 110.80 114.15 150.10 150.10 151.25 152.35 744.0 TO (m) 117.30 116.15 155.65 152.10 161.20 154.35 776.4 WIDTH (m)* 6.50 2.00 5.50 2.00 9.95 2.00 32.4 m KCl (%) 17.65 19,94 25.80 34.80 19.52 28.90 8.00

MAnAgeMent Farhad Abasov, MBA President and CEO Peter MacLean, Ph.D., P.geo. Senior Vice President, Exploration nejib Abba Biya Senior Vice President, Business Development BoArD oF Directors Farhad Abasov, M.B.A. President, CEO & Director Major-general (ret) Lewis MacKenzie, Director Dr. Mark stauffer Director richard Lacroix Director ADvisory BoArD Dr. steve Halabura Senior Advisor robert connochie Senior Advisor

The project has major advantages which could lead Allana to be one of the lowest cost potash producers in the world. MAjor ADvAntAges Allana has completed a NI 43-101 compliant technical report for the three concessions. The technical report highlighted several unique advantages of this project: • • • • • • • Strategic investment from and off-take agreement with a Chinese mining group An inferred mineral resource of 105,200,000 tonnes of potash mineralization (Sylvite and Kainite) with a composite grade of 20.8% KCl Near-surface (shallow-depth) potash mineralization (within 50 meters of surface) Potential for solution or open-pit potash mining 16 drill holes immediately on Allana’s property

Unique environment that may provide for low-cost production utilizing solar evaporation and geothermal power MOP (muriate of potash) and SOP (sulphate of potash) production are both feasible

www.allanapotash.com | tsX.v: AAA
etHioPiA – strong econoMic groWtH AnD AttrActive investMent cLiMAte
The Ethiopian government is strongly supportive of mining initiatives in the country. Allana’s relationship with the Ethiopian government is very strong and will greatly assist rapid advancement of the project. Ethiopia is the oldest independent country in Africa. The macro-economic environment has been stable, experiencing double-digit growth since 2003. Most major economic sectors have been liberalized. Government guarantees as stated in Ethiopia’s Investment Code (1991) are provided to foreign investors, in addition to providing constitutional protection from expropriation. Ethiopia is a member of the Multilateral Investment Guarantee Agency (MIGA) and the Convention on the Settlement of Investment Disputes between States and Nationals of Other States.

strong MAnAgeMent WitH sUccessFUL trAcK recorD.
Farhad Abasov, M.B.A., President, CEO & Director Mr. Abasov possesses a solid track record of building successful resource companies in the potash, uranium, and energy sectors. Most recently Mr. Abasov served as Senior Vice President of Potash One, and Vice President for Uranium One. Mr. Abasov was formerly a member of the Energy Metals management team which was sold to Uranium One for $1.8 Billion in 2007. Peter MacLean, PhD, P.geo, Senior Vice President, Exploration Over 20 years experience in the mining & exploration industry with junior and senior mining companies including Monarch Resources, Aur Resources and Newmont Mining. nejib Abba Biya, Senior Vice President, Business Development Over 20 years of experience conducting business in Ethiopia, excellent working relations with the federal and regional governments. richard Lacroix, Senior Advisor Former Senior Vice President , Potash Corp of Saskatchewan, former Board Member of Canpotex, and former Chairman of Canpotex Bulk Terminals, 30 years with PCS. Dr. Mark stauffer, Director Dr. Stauffer has over 30 years of experience in the potash industry. He is the former President of the Potash and Phosphate Institute of Canada, and former Senior Vice President of International Programs, at the Potash and Phosphate Institute. Dr. Stauffer currently serves on the board of Migao Corporation, a China based specialty potash producer listed on the Toronto Stock Exchange. ADvisory BoArD stephen P. Halabura, Senior Advisor President and CEO of North Rim Exploration, the premiere potash consulting company in North America, over 25 years experience consulting to BHP Billiton, Athabasca Potash and Potash One. robert connochie, Senior Advisor

Allana Potash inc. 65 Queen Street West Suite 805, P.O. Box 71 Toronto, ON, Canada M5H 2M5

Tel: 1-416-309-2691 Email: fabasov@allanapotash.com Web: www.allanapotash.com

Sign up to vote on this title
UsefulNot useful