Passport Potash Inc. (TSX VENTURE:PPI)(OTCQX:PPRTF) ("Passport" or the "Company") is pleased to announce that it has entered into a Joint Exploration Agreement (the "Agreement") with the Hopi Tribe ("Hopi" or "Tribe") to explore for potash on the Hopi private land sections which are checker-boarded with Passport's southern landholdings. The Agreement is a definitive agreement that was contemplated by the letter of intent ("LOI") that the parties entered into six weeks ago.
Prospect Global Resources, and Sichuan Chemical Industry Holding (Group) Co., Ltd. today jointly announced a more than $2-billion agreement, over a 10-year period, under which Sichuan will purchase at least 500,000 metric tons of potash annually, or 25% of the projected output of Prospect Global's American West Potash field in Holbrook, AZ.
Mr. Ian Rozier, President and CEO of Sennen Resources, is pleased to report that the Company has entered into a Letter of Intent (the "LOI") with Paradox Basin Resources and Kalium Holdings Ltd ("the Paradox Group") for Sennen to secure the right to earn a 51% interest in and to the Monument Potash project ("Monument" or the "Project") by making certain expenditures and work commitments.
Elemental Minerals, an advanced mining exploration and development firm, has reported that it has received results from borehole ED_01 drilled at the Dougou Prospect.
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.
Elemental Minerals, an advanced exploration and development firm, has reported that it has begun drilling of ED_01 exploration borehole at the Dougou target. Integration of recently purchased high-resolution oil borehole and oil seismic data enabled the discovery of this wide exploration target.
Elemental Minerals, an advanced mining exploration and development company, has declared that it has received encouraging assay results from the first bore hole EK_38, out of the nine holes drilled at the Sintoukola Potash Project. High-grade mineralization of sylvinite has been found in hole EK_38 in a recently discovered seam that is situated about 50 m over the Upper Seam.
Canpotex Limited (Canpotex) plans to make its first potash shipment to Myanmar following the removal of economic sanctions by the Government of Canada against Myanmar.
Allana Potash has declared that holes DK-11-32, DK-11-33, and DK-11-34, situated in the southeast of Musley Deposit, have intersected potash mineralization. Sylvinite and kainitite are the two major zones that intersected potash mineralization.
BHP Billiton is in the mood to acquire. Chief Executive Officer (CEO) of the largest mining company in Australia, Marius Kloppers said this week that BHP Billiton will be looking to make more acquisitions as the mining industry consolidates.