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Wellington West Initiates Analyst Coverage on Allana Resources

Press Release
Source: Allana Resources Inc.
On Wednesday September 30, 2009, 12:43 pm EDT
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TORONTO, ONTARIO--(Marketwire - Sept. 30, 2009) - Allana Resources Inc. (TSX VENTURE:AAA/pink ALLRF - News; "Allana" or the "Company"), is pleased to announce that Wellington West has initiated analyst coverage of Allana.

For further information and access to the report, please contact Mr. Robert Winslow at Wellington West. Mr. Winslow can be reached by email at [e-mail] or by telephone at 416-847-3403.

Allana's Ethiopia Potash Project is comprised of three mineral concessions totaling approximately 150 square kilometers in Ethiopia's northeastern Danakil Depression, one of the largest evaporite basins in the world. The project area is approximately 100 km from the Red Sea coast and the sea port of Mersa Fatma, Eritrea and 600 km via road from the deep water port of Djibouti. Allana's concessions have an inferred resource estimate of 105,200,000 tonnes of potash mineralization (Sylvite and Kainite) with a composite grade of 20.8 % KCl (see News Release Sept. 17, 2008) that is open along strike and to depth. Potash deposits of the Danakil Depression are unique due to their shallow depth and may be amenable to open pit or solution mining and solar evaporation.

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.

About Allana Resources Inc.

Allana is a publicly traded corporation with a focus on the acquisition and development of potash assets internationally with its major focus on a previously explored potash property in Ethiopia with 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. Allana has approximately 80.5 million shares outstanding and trades on the TSX-Venture exchange under the symbol "AAA".