PEA Shows Passport Could Be Low Cost Potash Producer In The

Consumers are looking to secure supply of potash at reasonable levels.  This is a time to look at junior potash developers who are de-risking their asset.  Passport Potash has great infrastructure and is located in Arizona, a very friendly mining jurisdiction. Because it is a shallow deposit its production costs could be significantly lower than its peers.  Passport is currently working on a Prefeasibility Study and methods to even improve the already impressive economics.  The company would like to increase the mine life with some infill drilling.  There is an increase of investment interest in North American potash projects.  With an economic assessment, Passport can further relationships with strategic consumers from India and China who are interested in secure and stable supplies.

 

Disclosure: Author/Interviewer is long Passport Potash and the company is a sponsor on website.