North American Potash - Der nächste Potash-Vervielfacher? - 500 Beiträge pro Seite

[DerRohstoffbulle]

North American Potash Developments Inc. (TSX-Venture: NPD, Frankfurt: 3OZ, OTCQX: RNGTF) is a Canadian based resource exploration company whose primary focus is acquiring and developing agricultural assets in the United States.
Through its 70% interest in Potash Green Utah LLC and Potash Green LLC, North American Potash Developments has been granted State mineral leases for potash properties covering 6,277 acres in Utah and State mineral exploration permits covering 9,594 acres in Arizona, allowing the Company to work towards achieving its objective of developing opportunity sets for its shareholders in the agricultural sector.

The Company is led by an experienced and diverse board of directors and management team with proven success in corporate finance, operational management, engineering, and exploration project management.
Their combined experience and commitment provides North American Potash Developments Inc., with the tools to capitalize on the growing demand for potash.

http://www.napotash.com/


Zwei vielversprechende Projekte:

Holbrook Basin

North American Potash Developments Inc.,, through its 70% owned subsidiary Potash Green LLC, currently holds 15 exploration permits ("Arizona Permits") on lands located in the Holbrook Basin, Apache County, Arizona. The Holbrook Basin, as a whole, is potentially underlain by 3,500 square miles of salt beds, 600 square miles of which are also underlain by a potash bed.

A detailed non 43-101 compliant feasibility study indicated the salt beds have a maximum thickness of 35 feet with an average assay of 12.6% K2O.



Paradox Basin (Lisbon Basin)

In July 2008, North American Potash Developments Inc., 70% owned subsidiary, Potash Green Utah LLC, applied for and received 9 State of Utah mineral leases totalling 6,277 acres on lands located in Lisbon Valley of the Paradox Basin in the State of Utah.

The Paradox Basin, in which the Lisbon Valley is situated, is reported to potentially host vast amount of potash according to the United States Geological Service.

North American Potash Developments' geological team has identified two potash bearing beds in the Lisbon Valley from available data including:

* Upper Bed #5 which has an average thickness of 6.5 feet and average grade of 16.5% K20;

* Lower Bed #9 which has an average thickness of 8.6 feet and an average grade of 22.0% K20

-> less than 20 miles from North American Potash Developments' Lisbon Valley Project:
Intrepid Potash Inc.'s (NYSE-IPI) Cane Creek Mine




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Fazit:

hochinteressanter Wert, vormals Ringbolt (RBV).
Marketcap: 7 Mio CAD -> massive Unterbewertung.

Mit D´Arianne (DAN) und Allana (AAA) gelangen Vervielfacher...
North American Potash könnte der nächste sein!

[DerRohstoffbulle]

Ringbolt Successfully Completes First Drill Hole on Lisbon Valley Potash Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 3, 2011) -

Ringbolt Ventures Ltd. (the "Company" or "Ringbolt"), (TSX VENTURE:RBV)(FRANKFURT:3OZ)(OTCQX: RNGTF) is pleased to announce that it has completed the first drill hole on its Lisbon Valley Potash Project in Utah.

Drill hole RBV-11-36A-1, on a state lease located on section 36, township 29.5 south and ranges 25 east in Utah, was drilled to a total depth of 3,449.7 feet. The Company used a combination of reverse circulation drilling and standard core drilling in the zones where potash mineralization was expected.

Reverse circulation drilling was carried out from surface to a depth of 2,474 feet, where the first drill core point was located. Core drilling was carried out from 2,474 feet to 2,728 feet. The drill then switched back to reverse circulation drilling from 2,728 feet to 3,374 feet to the second projected core point. The remainder of the hole was cored to the end of the hole at 3,449 feet.

"The initial phase of the Lisbon Valley drill program has been successful and we are delighted to announce that we are progressing as planned. It is a huge milestone for the company as all of our efforts over the last 3 years have led us to this point and it is a testament to our geological teams that drilling ran smoothly. I am delighted with our progress to date and our shareholders are also very pleased and excited about the results which will follow soon," says Simon Tam, President of Ringbolt.

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Ringbolt Samples Submitted on Lisbon Valley Potash Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2011) -

Ringbolt Ventures Ltd. (the "Company" or "Ringbolt"), (TSX VENTURE:RBV)(OTCQX:RNGTF)(FRANKFURT:3OZ) The Company has submitted core samples for analysis from its Lisbon Valley Potash Project in the state of Utah.

Sixty-three (63) one-foot composite core samples were collected from the Ringbolt Venture's state section RBV-11-36A-1 core hole. (from drilling announced on June 21, 2011) These samples were submitted to the accredited SGS Minerals Services analytical laboratory in Lakefield, Ontario on August 26, 2011 for the following mineral analysis:

Boron, Bromide, Calcium, Carnallite, Chloride, Halite, Lithium, Magnesium, Potassium, Potassium (total), Potassium Chloride, Potassium Oxide, Sodium, Sulfate, Sulfur, Sylvite, Moisture and Insoluables, and 31 elemental ICP scan.

The reverse circulation drilling was carried out from surface to a depth of 2,474 feet, where the first drill core point was located. Core drilling was carried out from 2,474 feet to 2,728 feet. The drill then switched back to reverse circulation drilling from 2,728 feet to 3,374 feet to the second projected core point. The remainder of the hole was cored to the end of the hole at 3,449 feet.

Mr Simon Tam, President of Ringbolt Ventures stated, "With the ongoing drilling activities on our Lisbon valley state section located within the Know Potash Leasing Area (KPLA) we are excited to validate the potential of our property."

[Ahorne]

lesezeichen - danke für die Infos!

[fuchsdennis]

http://www.marketwire.com/press-release/north-american-potas…

December 09, 2011 09:00 ET
North American Potash Developments Inc. Intersects Up to 24.5% of K2O in Lisbon Valley Potash Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 9, 2011) - North American Potash Developments Inc. (TSX VENTURE:NPD)(OTCQX:RNGTF)(FRANKFURT:3OZ) (the "Company" or "NAPDI") is pleased to announce all assay results from its recent 3,449 foot rotary drill and core hole on its Lisbon Valley Potash Project in Utah. NAPDI has received, reviewed and analyzed the assay results which show that exploration targets K-6 and K-9 total 15 feet in thickness, at an average K2O concentration of 10.4% (equivalent to 16.4% KCl). A total of sixty-three (63) one-foot composite core samples from drill hole RBV-11-36A-1 were sent to SGS Minerals Services analytical laboratory in Lakefield for XRD analysis and Water Leach analysis.

"These initial results from the Lisbon Valley drill program are a validation of the hard work the NAPDI team has committed to on the Lisbon Valley potash project. The Potash mineralization in the Lisbon Valley has been documented for decades, We knew that we had the potential for a very large system here, based on our project being in what has been defined as a KPLA (Known Potash Leasing Area) these results strongly suggest that the Project area is a viable exploration target for potash solution mining, and that further rotary drilling and coring are justified to develop JORC- or NI 43-101-compliant estimates of potash resources and reserves for the Project area. We have only just begun to test the potential of these huge target areas," comments Mr. Simon Tam, President of North American Potash Developments.

[...]

[Ahorne]

Profit from Peak Oil: Bob Moriarty

u.a. auch North American Potash Developments Inc.

http://321energy.com/editorials/energyreport/energyreport122…
Source: Karen Roche of The Energy Report (12/20/11)
December 21st, 2011

[allida]

PRESS RELEASES 1/10/2012 9:00:00 AM | Marketwire News
North American Potash Developments Inc.: Appointment of New Directors

[allida]

PRESS RELEASES 2/8/2012 8:00:00 AM | Marketwire News
North American Potash Developments Subsidiary Potash Green Utah LLC Executes a Memorandum of Understanding (MOU) with the Bureau of Land Management Utah
February 8, 2012 - 08:00:00 AM VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 8, 2012) - North American Potash Developments Inc. (NPD or the "Company") (TSX VENTURE:NPD)(OTCQX:RNGTF)(FRANKFURT:3OZ) announced today the signing of a Memorandum of Understanding (MOU) with the United States Bureau of Land Management (BLM) for the purpose of commencing the formal portion of environmental approvals for the Company's Lisbon Valley, Utah operations.

The Lisbon Valley project consists of nine state mineral leases totaling 6,421 acres and applications for potash prospecting permits, totaling 24,640 acres. The project is located in San Juan County, Utah, within the Paradox Basin, a large sedimentary basin containing rocks of Pennsylvanian to Cretaceous age. The salt and potash beds are in the Pennsylvanian Paradox formation that is over 4,000 feet thick, with 29 separate cycles of salt, potash and clastic sediments. The potash beds are located near the top of the evaporate sequence and occur at depths of 3,000 to 4,800 feet in the project area.

The BLM is the federal agency responsible for reviewing and processing the Company's newly designated Known Potash Leasing Area (KPLA). As part of the review, the BLM requires that an Environmental Assessment (EA) be prepared. The EA will be consistent with the requirements of the National Environmental Policy Act (NEPA) and the Council on Environmental Quality (CEQ).

Memorandum of Understanding

The Memorandum of Understanding (MOU) defines the respective responsibilities, conditions, and procedures to be followed by the Company and the BLM during the preparation of the EA. The EA will assess the environmental impacts of the proposed Development Scenario described in the (Federal code NEPA Document). The studies will include mining methods, land usage, water sources, tailings ponds, processing methods, and reclamation. The BLM will use the EA to make a decision regarding the awarding of permits to construct and run the sulphate of Potash operations.

Potash Green Utah LLC filed an Expression of Interest (EOI) letter with the BLM on November 16th 2010. This letter encompasses the whole of the lands inside the KPLA designation. The BLM serialized Potash Green Utah's EOI with file # UTU-87625A.

[allida]

PRESS RELEASES 5/31/2012 6:35:55 PM | Marketwire News
North American Potash Developments Notified that it is in Breach of Option Agreement with Passport Potash
May 31, 2012 - 06:35:55 PM VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 31, 2012) - On May 18, 2012, Passport Potash Inc. (TSX VENTURE:PPI)(OTCQX:PPRTF) ("Passport" or the "Company") through its solicitors delivered a letter to North American Potash Developments Inc. (formerly Ringbolt Ventures Ltd.) and the other optionors (collectively the "Optionor"), informing them that they were in breach of the Option Agreement dated March 28, 2011. The Company informed Optionor that the payment of cash and shares that were due on May 17, 2012 would not be paid until Optionor cured the defaults delineated in the default letter.

On May 25, 2012 Passport was informed by Optionor that it had filed a civil action in Utah seeking specific performance of the Option Agreement. At market close on May 25, 2012 Optionor issued a press release announcing the civil action, which also breached the Option Agreement. The Company will vigorously defend its rights in the Option Agreement.

About the Holbrook Potash Project

Passport Potash Inc. is a TSX-listed resource company engaged in the exploration and development of advanced potash properties. Passport has acquired a strategic position in the Holbrook Basin with land holdings encompassing over 122,000 acres.

For more information regarding the Holbrook Basin visit our website at www.passportpotash.com.

On behalf of the Board of Directors

PASSPORT POTASH INC.

Joshua Bleak, President