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Passport Potash Inc. Announces Drilling at the Holbrook Potash Project

Investing News Network
Nov. 17, 2010 04:18PM PST
Potash Investing

Passport Potash Inc. (CVE:PPI) engages Boart Longyear M & E Drilling Services to lead a drilling program on Passport’s Holbrook Basin Potash Project.

Passport Potash Inc. (TSXV:PPI) engages Boart Longyear M & E Drilling Services to lead a drilling program on Passport’s Holbrook Basin Potash Project.

The press release is quoted as saying:

The Holbrook Basin is located in an area with excellent infrastructure and is known to contain a 600 square mile potash bed in the Permian Supai Formation as documented by the Arizona Geological Survey (AGS) Open File Report 08-07. The potash bed was drilled and delineated in the 1960s and 1970s by Duvall Corporation and Arkla Exploration. Due to low potash prices in the 1970′s the Holbrook Basin potash bed was not developed after discovery.

Click here to access the entire press release

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