All posts by Potash Man

INVESTORS

WHY INVEST IN PASSPORT POTASH ?

  • Passport Potash currently has the largest holdings in the Holbrook Basin: over 7,900 acres
  • The only company to successfully drill the Basin in the last 30 years
  • Arizona is a mining friendly jurisdiction with a long history of successful mining companies
  • PPI currently permitted to drill 18 holes
  • Major power plant within 50 miles
  • Potash deposits in Basin are shallowest being developed in the US
  • PPI holdings include some of the United States’ richest potash deposits
  • Interstate 40 is a major highway that connects California to the rest of the nation
  • BNSF rail yard located in Holbrook, AZ
  • AZ Geological Survey reports a potential of 1 million to 2.5 Billion tons in reserve in the Holbrook Basin

NEWS


SEPTEMBER 13 2011
Passport Potash Commences Drilling on East Side of Holbrook Basin, Completes Additional 50 miles of Seismic Work and Reissues Drill Results
SEPTEMBER 12 2011
Passport Potash Inc.: News Release
AUGUST 23 2011
Passport Potash Inc. Signs LOI to Acquire 41,000 Acres of Royalty Free Private Land
JULY 19 2011
Passport Potash Inc. Announces New Board Appointments
JUNE 20, 2011
Passport Potash, Inc. Intersects Up to 25.75% KCL Potash Mineralization at Relatively Shallow Depths
JUNE 15, 2011
Passport Potash Inc. Engages Former Congressman (Hon) Matthew J. Salmon and Upstream Consulting Inc.
JUNE 9 2011
Passport Potash Completes Initial Phase Drill Program on Twin Buttes: Set To Release First Drill Results Next Week
MAY 4 2011
Passport Potash Inc. Announces Completion of Four Core Holes
APRIL 21 2011
Dundee Capital Markets Adds Passport Potash to Its Fertilizer Watch List With a Venture Risk Buy Rating
APRIL 01 2011
Passport Potash, Inc. to Expand Holbrook Basin Exploration Program
MARCH 29 2011
Passport Potash, Inc. Enters Option Agreement with Ringbolt Ventures, Ltd. to Acquire Potash Property in the Holbrook Basin
MARCH 22 2011
Passport Potash Inc. to Attend Mines and Money in Hong Kong and FMB Asia Fertilizer Conference in Beijing
MARCH 14 2011
Passport Potash Inc. Finalizes Cooperative Agreement with Hopi Tribe
MARCH 11 2011
Former Deputy Under-Secretary of the Interior Appointed as an Advisor of Passport Potash, Inc.
MARCH 09 2011
President & CEO of Passport Potash Inc., To Appear on Bloomberg TV’S “Taking Stock with Pimm Fox” 5:00 PM, EST Tonight
MARCH 03 2011
Founder of Anatolia Minerals, James Davidson, Appointed Director and Non-Executive Chairman of Passport Potash Inc.
MARCH 01 2011
Passport Potash, Inc. Joins OTCQX
FEBRUARY 14 2011
Passport Potash Inc. Announces Progress on Exploration Program and Additional Land Holdings
FEBRUARY 11 2011
Passport Potash Inc. Grants Incentive Stock Options
FEBRUARY 04 2011
Passport Potash Inc. Closes Financing
FEBRUARY 02 2011
Passport Potash Inc. Contracts with Zonge International to Complete 50 Line-Mile Seismic Survey on the Holbrook Potash Project
JANUARY 18 2011
Passport Potash Inc. Secures Financing and Makes New Appointments

PROJECTS

Holbrook Basin Project

 

The Holbrook Basin project is located 7 miles east of Holbrook, Arizona.  The project sits atop a large salt basin that is known as the Holbrook Salt Basin.  In the 1960’s and 1970’s Arkla Exploration Company and Duval Corporation drilled more than 100 holes exploring for potash in the Holbrook Basin.  Arkla and Duval reported the presence of the potassium minerals sylvite (KCl), carnallite (KMgCl3), and polyhalite (K2Ca2Mg(SO4)4*2H2O).  In August 2008 the Arizona Geological Survey published an open file report (OFR 08-07), based on its review of the historic drilling data, which suggested the potential for further potash exploration in the Holbrook Basin.

POTASH

Potash originally referred to as wood ash. Potassium carbonate, a basic chemical of pre-modern times, was extracted from it. Today potash refers to potassium compounds and potassium-bearing materials, the most common being potassium chloride (KCl). The term “potash” comes from the practice of extracting potassium fertilizer (K2CO3) by leaching wood ashes and evaporating the solution in large iron pots.

 

Potash, or carbonate of potash, is the common term used for the fertilizer forms of the element potassium (K).

 

Potassium occurs abundantly in nature, being the 7th most common element in the earth’s crust. Some clay minerals which are associated with heavy soils are rich sources of potassium.

 

Potash bearing rock deposits are derived from the minerals in ancient seas that dried up millions of years ago. Fertilizer potash is mostly derived from these potash rocks. It requires only separation from the salt and other minerals