Passport Potash in The Northern Miner
Potash – Passport Potash (TSXV:PPI) and its Holbrook Basin project was featured in The Northern Miner.
Potash – Passport Potash (TSXV:PPI) and its Holbrook Basin project was featured in The Northern Miner.
Potash – Passport Potash Inc.(TSXV:PPI, OTCQX: PPRTF) announced a preliminary economic assessment for its Holbrook Basin potash project. According to the key findings of PEA, the Holbrook project has a pre-tax IRR of Over 30% and a pre-tax NPV of $3.25 Billion at 12% Discount Rate. As quoted in the press release:
Siddharth Rajeev head of research at Fundamental Research Corp discusses their bullish stance on the potash market with Potash Investing News as well as why they believe Passport Potash is an attractive junior potash investment.
Potash – Passport Potash (TSXV:PPI,OTCQX:PPRTF) reported that it has arranged a non-brokered fully subscribed private placement for 69,444,444 Units at a price of $0.18.
Potash – Passport Potash (TSXV:PPI,OTCQX:PPRTF) announced an amendment to the purchase agreement with the Fitzgerald Trust Ranch.
Potash – Passport Potash (TSXV:PPI,OTCQX:PPRTF) entered into a Joint Exploration Agreement with the Hopi Tribe to explore the Hopi private land sections which are checker-boarded with Passport's southern landholdings.
Potash – Passport Potash (TSXV:PPI,OTCQX:PPRTF) has entered into an agreement to acquire 100% interest in its landholdings on the east side of the Holbrook Basin as part of a settlement agreement with North American Potash Developments Inc. and the other parties in the civil action in Utah.
Potash – Passport Potash Inc. (TSXV:PPI,OTCQX:PPRTF) has signed a non-binding letter of intent with the Hopi Indian Tribe, which authorizes the engineering firm ERCOSPLAN to combine the Hopi and Passport land sections in the upcoming Preliminary Economic Assessment commissioned by Passport, and lays the groundwork for potential joint exploration and development of the potash resources in the Holbrook Basin.
Potash – Passport Potash Inc. (TSXV:PPI,OTCQX:PPRTF) announced an updated NI 43-101 mineral resource estimate for its Holbrook Basin property in Northern Arizona, adding measured resource with an increase in indicated resource of 101.30%.
Potash – Passport Potash Inc. (TSXV:PPI,OTCQX:PPRTF) has obtained a preliminary injunction in the civil action in Salt Lake County, Utah. The action was initiated by North American Potash Developments and other parties to the March 28, 2011 Option Agreement with Passport. The decision by the court enjoins Optionors from terminating the Agreement at this time.
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