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Gold/Mining/Energy : RBV - RINGBOLT VENTURES LTD. - Company Website http://www.ri

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From: Rocket Red2/15/2011 7:35:13 PM
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Rbv PP closes next week,We should see a NR ON DRILLING of
the holbrook basin in Arizona and Utah potash property

A little about Holbrook basin

The Holbrook basin is located in an area with excellent infrastructure and is known to contain a 600-square-mile potash bed with an estimated total of 2.5 billion tonnes of potash in the Permian Supai formation as documented by the Arizona Geological Survey (AGS) Open File Report 08-07. The potash bed was drilled and delineated in the 1960s and 1970s by Duvall Corporation and Arkla Exploration. Due to low potash prices in the 1970s, the Holbrook Basin potash bed was not developed after discovery.
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