Passport Potash NI 43-101 Technical Report on Exploration Potential

Potash Investing

Passport Potash (TSXV:PPI) announced that it has received a NI 43-101 compliant technical report on the exploration potential for Passport’s Holbrook Basin Project.

Passport Potash (TSXV:PPI) announced that it has received a NI 43-101 compliant technical report on the exploration potential for Passport’s Holbrook Basin Project.

As quoted in the press release:

The Company expects that the report will be filed on SEDAR and will be readily available for public viewing by Friday November 4th, 2011. The report, prepared by SRK Consulting (US) Inc. (SRK), indicates that it is possible to assess the exploration potential for Passport’s lands, using only Passport’s verifiable drill data as an order of magnitude estimate.

Findings in support of SRK’s estimated exploration potential are that:

  • Passport’s drilling and sampling programs have helped confirm analytical and stratigraphic data from the twinned historic holes, improving confidence in the historic holes.
  • Passport’s drill results have generally verified historical accounts of thickness and grade of potash mineralization.
  • Passport’s digital gamma log converted equivalent K2O data generally compares with Passport’s chemical assay data from core.

Click here to read the full Passport Potash (TSXV:PPI) press release.
Click here to see a profile on Passport Potash (TSXV:PPI).

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