Passport Potash, a resource firm, has declared that it has released drilling results from four further holes drilled during the 2012 program carried out at the Holbrook potash project. Strong potash mineralization was intersected in all the drill holes. The updated resource calculation will include these drilling results.
The company obtained the analytical results for holes 12-24, 12-14, 12-06 and 12-05. Holes 12-24, 12- 06 and 12-05 were drilled as part of the infill and expansion campaign specifically designed to extend the NI 43-101 Technical Report, which was prepared by ERCOSPLAN.
Hole 12-14 was specifically drilled on the Fitzgerald Trust Ranch, and is the first exploratory hole drilled at the property. This hole is considered to be significant as mineral resource was not formerly calculated for the area. Hole 12-14 was drilled between the Twin Buttes Ranch and the company’s southern land package, and the results demonstrate the KCl grade and extensive thickness of potash trends all over the area.
According to Joshua Bleak, Passport Potash’s CEO and President, the company is happy that the 2012 drilling campaign is almost complete. The holes that have been completed will continue to harden the depositional size and layout, and the drilling results are believed to be significant since the PEA study will be commenced shortly. The company’s future updated resource estimate will include all the results.