Passport Potash Applies for Mineral Leases and Submits Mineral Development ReportVANCOUVER, BRITISH COLUMBIA--(Marketwire – June , 2013) - Passport Potash, Inc. (“Passport” or the “Company”) (TSX-V: PPI) (OTCQX: PPRTF) is pleased to report that it has submitted its application to the Arizona State Land Department (“ASLD”) to convert its mineral exploration permits to mineral leases. Concurrent with its application Passport has also submitted its Mineral Development Report (“MDR”)
Passport Potash Announces Hiring of Chief Operating OfficerVANCOUVER, BRITISH COLUMBIA--(Marketwire – June 6, 2013) - Passport Potash, Inc. (“Passport” or the “Company”) (TSX-V: PPI) (OTCQX: PPRTF) is pleased to report that it has hired Michael X. Schlumpberger as Passport’s Chief Operating Officer. Mr. Schlumpberger is a mining engineer with 27 years of experience in the mining industry, with over 21 years with Potash Corporation of Saskatchewan (“PotashCorp”). During his career he has acquired significant experience in almost all phases of mining operations.
Passport Potash Extends Fitzgerald Ranch Closing to June 2015VANCOUVER, BRITISH COLUMBIA--(Marketwire – June 3, 2013) - Passport Potash, Inc. (“Passport” or the “Company”) (TSX-V: PPI) (OTCQX: PPRTF) is pleased to announce that it has signed an amendment (the “Amendment”) to the property purchase agreement with the Fitzgerald Trust which was announced on May 14, 2012. The Fitzgerald ranch comprises approximately 41,000 acres (16,592 hectares) of royalty free, private land with intact surface, mineral and water rights. With Passport’s recently acquired State Trust Land sections, Passport’s land package in the Holbrook Basin comprises over 127,000 acres (51,395 hectares), or over 198 square miles (513 square kilometers).
Passport Potash Announces Acquisition of Strategic New LandsVANCOUVER, BRITISH COLUMBIA--(Marketwired - May 30, 2013) - Passport Potash Inc. (TSX VENTURE:PPI)(OTCQX:PPRTF)
- Land Department Issues Order to Open Previously Closed Sections for Exploration - New Sections Lie Within Passport's Current Landholdings Passport Potash Inc. ("Passport" or the "Company") is pleased to report that it has received approval for nine new exploration permits ("Permits") from the Arizona State Land Department ("ASLD" or the "Department"), adding 4,703.66 acres of State trust land to Passport's land package. The Permits are on State Trust land sections that had been closed to development related to the proposed expansion of the Petrified Forest National Park, and are strategic to Passport's mine development. Seven of the sections lie within Passport's private landholdings, while the other two border the Passport/Hopi development area and abut the south border of the Park.
Passport Potash Announces Completion of First Phase of Drilling on Hopi PropertyVANCOUVER, BRITISH COLUMBIA--(Marketwired - April 25, 2013) - Passport Potash Inc. ("Passport" or the "Company") (TSX VENTURE:PPI)(OTCQX:PPRTF) is pleased to report that it has completed the first phase of its drilling program on the Hopi private land that is "checker-boarded" with Passport's southern landholdings in the Holbrook Basin in Northern Arizona. A total of 8 holes were drilled in the first phase of exploration on the Hopi property. The analytical results from the first three holes drilled were included in the updated mineral resource estimate reported on February 26, 2013, and were also used in the Preliminary Economic Assessment reported on March 13, 2013.
The remaining five holes have been drilled, cored and assay results have been obtained from SRC Laboratories in Saskatchewan, Canada. The analysis for all first phase holes is shown in Table 1 below. Drill intercepts are believed to represent true thicknesses as the wells were drilled vertically and the potash beds are essentially flat lying. The data from these holes is expected to be included in a pre-feasibility study which is anticipated to be completed by the end of 2013.
Passport Potash Announces Positive Preliminary Economic Assessment on its Holbrook Basin Potash Project
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