Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
Cours Or & Argent

Passport Potash Inc

Publié le 24 août 2011

Signs LOI to Acquire 41,000 Acres of Royalty Free Private Land

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada |
Is this email not displaying correctly?
View it in your browser.

Passport Potash Inc. Signs LOI to Acquire 41,000 Acres of Royalty Free Private Land


Passport's Holbrook Basin holdings
 -New land in blue - 

 Click Map to Enlarge

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 23, 2011) - Passport Potash Inc. (TSX VENTURE:PPI)(OTCQX:PPRTF) is pleased to announce that it has signed a letter of intent to acquire the Fitzgerald Ranch which lies directly adjacent to the company's Twin Buttes Ranch. With this acquisition Passport will increase its land holdings in Arizona's Holbrook Basin by over 41,000 contiguous acres of royalty-free private land.

This expands Passport's foothold in the basin to include land providing continuity with its north and south holdings in the western portions of the Holbrook Basin, creating one contiguous block and increasing Passport's land holdings to more than 121,000 acres, or nearly 190 square miles.

This acquisition is strategic to Passport for a number of reasons, including:

  • There is no royalty attached to the agreement;
     
  • The property abuts the Twin Buttes Ranch and forms a contiguous block of over 71,000 acres of surface and minerals that will be owned in fee by Passport;
     
  • The purchase will bring the total Passport land holdings to over 121,000 acres;
     
  • The property provides crucial access to Passport's holdings to the south of highway 180 and the private lands owned by the Hopi tribe; and
     
  • This acquisition provides additional BNSF railway frontage along the north side of the property. Highway 180 runs through the property for approximately 13 miles providing frontage for Passport's holdings on the north and south sides of the highway.
     

Passport President Joshua Bleak commented, "This is a terrific advancement for Passport. Not only have we more than doubled our private land holdings, we have also increased our exposure to the infrastructure needed for transportation of finished product. It is significant to note that this acquisition was made without entangling the company in a royalty agreement thereby maximizing the potential for future revenue."

http://www.passportpotash.com/investors/media-coverage/map-files.html.

About Passport Potash, Inc.

Passport Potash Inc. is a publicly traded corporation engaged in the exploration and development of advanced potash properties with its major focus on a previously explored potash property in Arizona. Passport has acquired a strategic position in the Holbrook Basin with land holdings encompassing over 81,315 acres. For more information regarding the Holbrook Basin, please visit http://www.azgs.az.gov/arizona_geology/Summer%2008.pdf.

Stephen B. Butrenchuk, P.Geol., Director of Passport, is the Qualified Person as defined in National Instrument 43-101.

On behalf of the Board of Directors of Passport Potash Inc.

Joshua Bleak, President

Forward-Looking Statement

This news release includes certain statements that may be deemed "forward-looking statements". Forward-looking information includes, but is not limited to: statements with respect to the effect and estimated timeline of the drilling and assay results on the Company; the estimation of mineral reserves and mineral resources; the timing and amount of estimated future exploration; costs of exploration; capital expenditures; success of exploration activities; permitting time lines and permitting; government regulation of mining operations; potential future expansion of the PFNP; environmental risks; unanticipated reclamation expenses; and title disputes or claims. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". 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.

 

Source: Marketwire Canada (August 23, 2011 - 8:30 AM EDT)

News by QuoteMedia
www.quotemedia.com
Copyright � 2011 Passport Potash, Inc., All rights reserved.
You are receiving this email because you requested information and updates regarding Passport Potash.
Our mailing address is:
Passport Potash, Inc.
3266 W. Galveston Dr. #101
Apache Junction, AZ 85120

Add us to your address book


Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Passport Potash Inc

EXPLORATEUR
CODE : PPI.V
ISIN : CA70286C1014
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Passport Potash est une société d’exploration minière basée aux Etats-Unis D'Amerique.

Son principal projet en exploration est HOLBROOK en USA.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Financements de Passport Potash Inc
21/01/2013Announces Convertible Debenture
Nominations de Passport Potash Inc
06/06/2013Announces Hiring of Chief Operating Officer
02/02/2012Adds Former United States Congressman to the Board of Direct...
18/01/2012Appoints David Salisbury as Director and Chairman of the Boa...
19/07/2011. Announces New Board Appointments
Projets de Passport Potash Inc
31/10/2012(Holbrook)Enters into Agreement to Acquire 100% Interest in its Landh...
03/08/2012Enters Into Joint Exploration Agreement with HNZ Potash LLC
01/08/2012Drill Results For Passport Potash=2C Inc.
02/04/2012Announces New NI 43=2D101 Compliant Mineral Resource
19/01/2012Would Like to Invite You to The Vancouver Resource Investing...
30/11/2011(Holbrook)Retains ERCOSPLAN to Complete Initial Resource Estimate on H...
08/09/2011Dundee Capital maintains "Buy" Rating, Highlights benefits ...
24/08/2011Signs LOI to Acquire 41,000 Acres of Royalty Free Private La...
25/06/2011Weiss Research Analyst Sean Brodrick comments on Passport Po...
16/06/2011Sean Brodrick, Uncommon Wisdom (6/13/11) " Passport Potash a...
03/06/2011World Resource Conference, Booth 214, Vancouver , June 5-6
01/04/2011(Holbrook). to Expand Holbrook Basin Exploration Program
29/03/2011(Holbrook)Enters Option Agreement with Ringbolt Ventures, Ltd. to Acqu...
Communiqués de Presse de Passport Potash Inc
04/11/2015Passport Potash Inc. Announces Transfer from TSX.V to NEX, N...
09/07/2015IIROC Trading Halt - PPI
27/02/2015Appointment of Jerry Aiken to Passport Potash Board of Direc...
05/11/2014Passport Potash Abandons NAPD Option and Adopts New Share Op...
09/06/2014Passport Potash Announces Closing of Convertible Debenture F...
23/04/2014Passport Potash Issues Shareholder Letter
16/04/2014Passport Potash Announces a Strategic Investment
19/10/2013.: News Release
22/08/2013Extends Twin Buttes Ranch Option Agreement to January 2016
08/08/2013Weighs in On How Low=2DCost Potash Firms Will Succeed
31/07/2013Issues Statement on Uralkali Announcement
30/07/2013David Salisbury=2C Chairman of Passport Potash=2C talks to B...
26/07/2013in the media
19/07/2013Stockhouse does Q&A with Passport Potash=2C Inc's new Chief ...
03/07/2013Geotechnical Drilling Update
19/06/2013Permitting Update
11/06/2013Applies for Mineral Leases and Submits Mineral Development R...
04/06/2013Extends Fitzgerald Ranch Closing to June 2015
30/05/2013Announces Acquisition of Strategic New Lands
10/05/2013The Northern Miner writes up Passport Potash=2C Inc.
25/04/2013Announces Completion of First Phase of Drilling on Hopi Prop...
19/03/2013Announces the Dismissal of Lawsuit and Acquisition of Explor...
14/03/2013Chairman David Salisbury talks PEA.
13/03/2013(Holbrook)Announces Positive Preliminary Economic Assessment on its Ho...
13/11/2012and Hopi Tribe Enter Into Joint Exploration Agreement
24/10/2012Investor Introduction
16/10/2012Breaking News on Passport Potash=2C Inc.
15/10/2012Signs Letter of Intent with Hopi Indian Tribe
27/09/2012Announces Mineral Resource Update, Adding Measured Resource ...
10/09/2012Utah Court Grants Passport Potash Motion for Preliminary Inj...
24/05/2012Announces Expanded Drill Program and Reports Progress in Cur...
14/05/2012Enters Into Purchase Agreement to Acquire Fitzgerald Ranch
10/05/2012Continues Expanding the Deposit With Infill and Expansion Dr...
24/04/2012Al Korelin on Passport Potash=2C Inc.'s Latest Site Visit
10/04/2012Chairman to Appear on BNN Commodities Show
23/02/2012Chairman David Salisbury talks with Al Korelin
26/12/2011Season's Greetings from Passport Potash=2C Inc.
25/10/2011Signs LOI to Acquire 50% Ownership Interest in HNZ Potash=2C...
06/09/2011World Money Show, Booth 412, Toronto, September 8-10
06/07/2011highlighted in Dow Jones Newswire
20/06/2011Intersects Up to 25.75% KCL Potash Mineralization at Relativ...
15/06/2011Engages Former Congressman (Hon) Matthew J. Salmon and Upstr...
15/06/2011. Engages Former Congressman (Hon) Matthew J. Salmon and Ups...
09/06/2011Completes Initial Phase Drill Program on Twin Buttes: Set To...
06/05/2011Updates for Passport Potash, Inc.
04/05/2011. Announces Completion of Four Core Holes
21/04/2011Dundee Capital Markets Adds Passport Potash to Its Fertilize...
22/03/2011. to Attend Mines and Money in Hong Kong and FMB Asia Fertil...
14/03/2011. Finalizes Cooperative Agreement with Hopi Tribe
11/03/2011Former Deputy Under-Secretary of the Interior Appointed as a...
09/03/2011President & CEO of Passport Potash Inc., To Appear on Bloomb...
03/03/2011Founder of Anatolia Minerals, James Davidson, Appointed Dire...
01/03/2011. Commences Trading on OTCQX
14/02/2011. Announces Progress on Exploration Program and Additional L...
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (PPI.V)
0,020+0.00%
TSX-V
CA$ 0,020
08/10 15:52 -
0%
Cours préc. Ouverture
0,020 0,010
Bas haut
0,010 0,020
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,020 -%
Volume var. 1 mois
3 562 -%
24hGold TrendPower© : 8
Produit
Développe
Recherche Phosphate
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 07/02/2011
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,24 AU$+0,76%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 +100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
9,87 US$+1,75%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,60 GBX+3,82%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+10,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,13 -1,84%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 +0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
14,45 +2,05%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,31 +3,33%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,20 -2,38%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
2,11 +2,43%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
42,86 US$+2,14%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+0,00%Trend Power :
Sun Res.(Oil)SUR.AX
Released ASX Announcement: Quarterly Activities Report
0,00 AU$+0,00%Trend Power :
Profitez de la hausse des actions aurifères
  • Inscrivez-vous à notre market briefing minier
    hebdomadaire
  • Recevez nos rapports sur les sociétés qui nous semblent
    présenter les meilleurs potentiels
  • Abonnement GRATUIT, aucune sollicitation
  • Offre limitée, inscrivez-vous maintenant !
Accédez directement au site.