Passport Announces Expansion to it's 2012 Drill Program  and Reports Progress 

Vancouver, BC, May 24, 2012. Passport Potash Inc. (TSX VENTURE: PPI; OTCQX: PPRTF) (�Passport�) is pleased to announce, subsequent to its acquisition of the Fitzgerald Ranch (see news release dated May 14, 2012), that it has added 8 additional holes to its 2012 drill program. The new holes will be drilled on the Fitzgerald Ranch and the results, combined with the results of its current 15 hole expansion and in-fill drilling program, will be included in an updated resource report.

The 2012 drill program, which was based on the recommendations of ERCOSPLAN, is being conducted on Passport�s private land holdings on the Twin Buttes Ranch, and on its State land sections on the south and east sides of the Basin. Passport reported the test results for the first 2 cored and assayed holes in a news release dated May 10, 2012. Passport expects to receive the results of its next two cored holes, which have been sent to the Saskatchewan Research Council Laboratories in Saskatoon, Canada, within the next two weeks.



With the addition of these new holes, Passport is pleased to announce that it will be mobilizing an additional core rig to the area to expedite the drilling program.

The additional 8 core drill holes planned for the Fitzgerald Ranch are designed to confirm the results of work reported by Arkla Corporation in the 1960s and also to increase the level of confidence in the continuity of the potash mineralization throughout Passport�s other properties. Passport will continue to report the results of its current drilling program as they are received.

Passport�s President and CEO, Joshua Bleak says: �We are pleased with the progress of our 2012 drill program, and will mobilize another core rig to the area to meet the increased drilling demands. Interim progress reports and drill results will be released as we proceed toward our goals.�

To view a larger map of the site selections for the additional 8 holes please click HERE.

About the Holbrook Potash Project

Passport Potash Inc. is a TSX-listed resource company engaged in the exploration and development of advanced potash properties. Passport has acquired a strategic position in the Holbrook Basin with land holdings encompassing over 86,000 acres. In addition, Passport has a cooperative agreement with the Hopi Tribe, allowing the company to access and conduct certain exploration activities on an additional 12,853 acres of privately held Hopi land (not reservation) while allowing the tribe to share in the study results. For more information regarding the Holbrook Basin, see HERE or visit our website at www.passportpotash.com.

Quality Assurance and Quality Control

The standard operating and quality assurance procedures followed by Passport Potash employees have been instituted to make sure that all sampling techniques and results meet international reporting standards. Coring starts when the first significant gypsum interval (Upper Supai Formation) is intersected. Information about the drill holes and the on-site core descriptions are conducted according to international standards (depth intervals, recovery %, lithology, structure, alteration, rock type, weathered profile, sample intervals, remarks). Onsite field geologists collect the cuttings, bag and label them and place a small sub-sample into a chip tray for further treatment. Directly after being retrieved the cores are measured, cleaned, filed logged, packed in plastic poly sheeting and placed into sequentially numbered and labeled core boxes. Material is temporarily stored prior to transfer to the core facility in Apache Junction, Arizona, where significant intervals are dry cut in half. Half core samples are then bagged and carefully packed into boxes and shipped to the Saskatchewan Research Council in Saskatoon.

Passport is utilizing SRC's Potash ICP Analysis package designed for multi-element analysis of potash samples. SRC includes blanks, duplicates and their internal potash 003/004 standards in the analysis. SRC's analytical procedures have been more fully detailed in the NI 43-101 Technical Report, dated 30 March 2012, prepared for Passport Potash by ERCOSPLAN Ingenieurgesellschaft Geotechnik un Bergbau mbH. SRC is an ISO/IEC 17025:2005 certified facility.

Tim Henneberry, P.Geo., Advisor, and a Qualified Person as defined in National Instrument 43-101, has reviewed and approved the technical content of this news release.

On behalf of the Board of Directors

PASSPORT POTASH INC.
Joshua Bleak, President

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the

Company's annual filings that are available at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.