Passport Potash Inc. (TSXV:PPI,OTCQX:PPRTF) announced completion of a pre-application meeting with the Air Quality Division of the Arizona Department of Environmental Quality, regarding the air quality control permit for its Holbrook Basin potash project. Necessary components of the application submittal for the Permit were identified.
Articles Tagged "Passport Potash Inc."
Passport Potash Inc. (TSXV:PPI,OTCQX:PPRTF) submitted its application to the Arizona State Land Department (ASLD) to convert its mineral exploration permits to mineral leases, and concurrently submitted its Mineral Development Report (MDR).
Passport Potash Inc. (TSXV:PPI,OTCQX:PPRTF) signed an amendment to the property purchase agreement with the Fitzgerald Trust, whereby closing of purchase is to be on June 30, 2015, with $500,000 to be paid by Dec. 31, 2013, $1 million to be paid by Dec. 31, 2014, and $14 million to be paid at closing.
Passport Potash Inc. (TSXV:PPI,OTCQX:PPRTF) has been granted approval for nine new exploration permits from the Arizona State Land Department, adding 4,703.66 acres of State trust land to Passport's land package.
Passport Potash Inc. (TSXV:PPI,OTCQX:PPRTF) 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.
Renewed Chinese and Indian potash contracts are building confidence in the potash market. Which projects will help supply future demand is still an open question as companies rush to bring supply online.
Project costs, labor disputes and concerns regarding "national interest" are front and center in the potash market as companies reassess opportunities.
Passport Potash Inc. (TSXV:PPI,OTCQX:PPRTF) had the lawsuit filed by North American Potash Developments Inc. and other parties (NAPD Grouop) dismissed. The Company also acquired the exploration permits held by the NAPD Group.
Yesterday, Passport Potash (TSXV:PPI) released a robust preliminary economic assessment (PEA) on its Holbrook Basin project in Arizona.
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: