Risk and valuation analysis of the Holbrook Project |
Status Risk : Early discovery |
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Title(s) of the Holbrook Project |
| Passport Potash Inc Joint venture: 75% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Under the letter of intent, PPI will acquire a 75% interest in the leases by issuing to Mesa 500,000 shares of PPI, $20,000 cash and pay exploration expenditures as required by the Arizona State Land Department. Any additional work will be paid for b more... |
| Mesa Exploration Joint venture: 25% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Holbrook Project |
The Holbrook Basin potash deposit is present in the Permian Supai Formation (270 – 220 Ma) of east-central Arizona. It was first characterized by extensive drilling in the 1960s.
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