Passport Potash Announces Acquisition of Strategic New Lands
– Land Department Issues Order to Open Previously Closed Sections for Exploration
– New Sections Lie Within Passport’s Current Landholdings
Passport Potash Inc. (“Passport” or the “Company”) is pleased to report that it has received approval for nine new exploration permits (“Permits”) from the Arizona State Land Department (“ASLD” or the “Department”), adding 4,703.66 acres of State trust land to Passport’s land package. The Permits are on State Trust land sections that had been closed to development related to the proposed expansion of the Petrified Forest National Park, and are strategic to Passport’s mine development. Seven of the sections lie within Passport’s private landholdings, while the other two border the Passport/Hopi development area and abut the south border of the Park.
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