Passport Potash Inc. Contracts with Zonge International to Complete 50 Line-Mile Seismic Survey on the Holbrook Potash Project
February 02 2011 - 2:23PM
Marketwired
Passport Potash Inc. (TSX VENTURE: PPI) ("Passport") is pleased to
announce that it has engaged Zonge International. The planned 50
line-mile seismic survey at the Holbrook Basin site is presently in
progress.
The results of the seismic survey will be used in evaluating
geologic, stratigraphic and structural information for the Holbrook
Basin, augmenting Passport's ability to assess of the
predictability, thickness, and continuity of the potash horizon and
the mapping of possible faults and other geologic structures within
those units of primary interest. This information will be included
and utilized in the NI 43-101 report being prepared by SRK
Consulting.
Commenting on the seismic survey, Passport president Joshua
Bleak stated, "Retaining Zonge to perform the seismic survey will
greatly bolster our understanding of the Holbrook Basin potash
deposits, and will carry our exploration efforts to a level not yet
realized in the Holbrook Basin. The results of the seismic survey
together with the results of our ongoing drilling will produce a
characterization of the potash deposits that will be a key step in
moving towards resource development."
On behalf of the Board of Directors
PASSPORT POTASH INC.
Joshua Bleak, President
This news release includes certain statements that may be deemed
"forward-looking statements". 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.
Contacts: Passport Potash Inc. Corporate Communications Toll
Free (855) 476 9774 or (780) 920-5044 www.passportpotash.com