Passport Potash in The Northern Miner
Passport Potash (TSXV:PPI) and its Holbrook Basin project was featured in The Northern Miner.
Passport Potash (TSXV:PPI) and its Holbrook Basin project was featured in The Northern Miner.
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.
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:
Passport Potash Inc. (TSXV:PPI,OTCQX:PPRTF) received an updated NI 43-101 mineral resource estimate for the Holbrook Basin property in Arizona. The measured and indicated mineral resources totaled 397.94 million tonnes of mineralized material with an average KCI grade of 14.65%.
Passport Potash Inc. (TSXV:PPI,OTCQX:PPRTF) announced a non-brokered private placement of convertible debentures for up to $2.5 million, at an interest rate of 15%.
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.
Passport Potash (TSXV:PPI,OTCQX:PPRTF) announced an amendment to the purchase agreement with the Fitzgerald Trust Ranch.
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.
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