Friday, April 26, 2013

New exploration coring permit for HNZ Potash in Holbrook basin

The Arizona Oil & Gas Conservation Commission approved a permit (permit #1149) for an exploration core hole by HNZ Potash in the Holbrook basin.   HNZ has had the lowest public profile of the three companies most active in the basin. Their last exploration core hole permit was issued in September 2011.   Passport Potash and American West Potash (Global Prospect Resources) have had more active drilling programs and made announcements about plans to mine.   HNZ is a joint venture of Hunt Oil in Dallas, and NZ Legacy Resources, a local land and ranching company.

[Right, potash drilling viewer, showing locations of all permitted coreholes since 2009]

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