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Allana Potash Corp. (TSX: AAA) - in Brief
Allana Potash Corp. is a TSX (AAA) listed junior potash exploration company with significant property in the Danakhil Depression, Ethiopia. Its strategy is to identify high potential but largely overlooked mineral deposits by leveraging the ability of its talented exploration teams to recognize geological opportunities. The Dallol potash project in Ethiopia is its prime property and has shown significant potential over the currently available NI compliant estimates. The company is managed by a strong executive team with significant experience in potash and fertilizer sectors.
Investment Essentials - AAA.TO - Share Highlight
Investment Essentials - AAA.TO - Chart
Allana Potash Corp. (TSX: AAA) - Investment Highlights
- High quality deposit with strong NI-43 101 compliant Resources Estimate of 673 million tonnes Measured+Indicated Resource (18.7% KCI) and 596 million tonnes Inferred Resource (20% KCI).
- High grade and near surface (100 – 300m).
- Solution mining & solar evaporation – simple and proven technology.
- Preliminary Economic Assessment Completed – Competitive operating cash costs estimated – USD 70/tonne at site and USD 91/tonne FOB Djibouti (nearest port).
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