Allana Resources Inc.: Allana Resources Appoints Jason Wilkinson as Project Manager for Ethiopian Potash Project
TORONTO, ONTARIO--(Marketwire - Sept. 28, 2009) - Allana Resources Inc. (TSX VENTURE:AAA) ("Allana" or the "Company"), is pleased to announce that Mr. Jason Wilkinson, B.Sc, M.Sc, has been appointed Project Manager for Allana's Ethiopian Potash Project. Mr. Wilkinson will be based in Ethiopia and be responsible for implementing and managing Allana's upcoming exploration and development program at its Ethiopian Potash Project in the Danakhil Depression.
Mr. Wilkinson has over 15 years experience in the exploration and development of mineral deposits and has worked throughout the world. Jason's most recent experience was as Vice President, Exploration for Lydian International where he was responsible for the company's exploration and development programs at the Amulsar gold project in Armenia and the Drazjna Pb-Zn-Ag project in Kosovo.
Prior to his work with Lydian, Mr. Wilkinson was a Senior Geologist for Aur Resources engaged in the exploration and development of copper projects in Africa. In addition to his work with Aur, Jason has been involved in exploration and mining projects in Zambia, Saudi Arabia, Oman, Romania, Greece and Turkey at increasing levels of responsibility.
Mr. Wilkinson has a M.Sc. in Mineral Exploration from the Royal School of Mines, Imperial College, in London and a B.Sc. in Applied Geology from Portsmouth University.
Farhad Abasov, Allana's President and CEO, stated, "Allana is very pleased to have added Mr. Wilkinson to our technical team as we move forward with exploration and development at our Ethiopian Potash Project. Mr. Wilkinson's extensive experience in Africa and the Middle East will be a valuable asset as the project moves forward."
About Allana Resources Inc.
Allana is a publicly traded corporation with a focus on the acquisition and development of potash assets internationally and recently optioned a previously explored potash property in Ethiopia with NI 43-101-compliant Inferred Mineral Resource of over 100 million tonnes of potash mineralization (Sylvite and Kainite) with a composite grade of 20.8 % KCl (see News Release Sept. 17, 2008). Allana has approximately 80.5 million shares outstanding and trades on the TSX-Venture exchange under the symbol "AAA".
Peter J. MacLean, Ph.D., P. Geo., Allana's VP Exploration, is a Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information presented in this release.
Forward-Looking Statement
This press release contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes, without limitation, statements regarding the impact of the appointment on the Company. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; ability to successfully integrate the purchased properties; foreign operations risks; and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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