VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 25, 2012) - Passport Potash Inc. ("Passport" or the "Company") (TSX VENTURE:PPI)(OTCQX:PPRTF) is pleased to announce that it has begun new core drilling in the Holbrook basin. In preparation for the core drilling, 8,295 feet of rotary drilling and casing has been completed in 10 holes. The core drilling is expected to average 250 feet per hole for a total of 2,500 feet. It is anticipated that this advance preparation will expedite the completion of the core drilling. The data from this new drilling program will not be included in the initial resource estimate, but will be incorporated by Ercosplan in an updated resource estimate.

In a development update, Dr. Henry Rauche from Ercosplan has completed his site visit to the Holbrook basin potash project. The Company anticipates that the initial resource estimate, which will include the drilling results from 2009 through 2011as well as historical drilling, will be completed in Q1 2012 as projected.

Passport President Joshua Bleak commented, "The preparation work completed on these ten holes will really help us ramp up our current drilling program. The information from this new drilling will help us to further define and understand the exploration potential on our properties. We are encouraged to have the site visit by Dr. Rauche completed, and look forward to the resource estimate that we anticipate in the first quarter of this year. We are excited about the direction we are heading as a Company and look forward to what the rest of the year will hold for us."

About Passport Potash Inc.

Passport Potash Inc. is a publicly traded corporation engaged in the exploration and development of advanced potash properties with its major focus on a previously explored potash property in Arizona. Passport has acquired a strategic position in the Holbrook Basin with land holdings encompassing over 81,315 acres.

On behalf of the Board of Directors of Passport Potash Inc.

Joshua Bleak, President