Nevada Organic Phosphate Reports Promising Initial Assay Results from Murdock Mountain Property
TL;DR
Nevada Organic Phosphate's high-grade phosphate discovery offers investors early entry into North America's only large-scale organic sedimentary phosphate project with strategic location advantages.
Nevada Organic Phosphate's initial drill results from Murdock Mountain show phosphate grades of 10.23-11.2% P2O5 over 4.7-5.12 meters, confirming geological models with further analysis pending.
This organic phosphate discovery could support sustainable agriculture by providing North American farmers with locally sourced, environmentally friendly fertilizer alternatives for food production.
Nevada Organic Phosphate's project spans over 30 kilometers and represents the only known large-scale organic sedimentary phosphate deposit in North America.
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Nevada Organic Phosphate Inc. (CSE: NOP) has released initial assay results from its wholly owned Murdock Mountain Property in Elko County, Nevada, representing a crucial development for the project's advancement. The results from three drill holes targeting the Upper Phosphatic Zone returned phosphate grades ranging from 10.23 percent to 11.2 percent P2O5 over thicknesses of approximately 4.7 to 5.12 metres.
The company reported that these initial findings align with its geological model and expectations. Additional assay results and analyses for heavy metals and contaminants are expected to be released as they become available. The full press release detailing these results can be accessed at https://ibn.fm/l87l4.
This development is significant because the Murdock Mountain Property represents what the company describes as the only known large-scale organic sedimentary phosphate project in North America. The property features an organic sedimentary raw rock phosphate bed measuring 6.6 kilometres long, with additional applications extending the potential strike of rock phosphate to over 30 kilometres.
The project's location in northeast Nevada provides strategic advantages, situated close to the main highway to Montello/Elko, Nevada, and near the rail head to California. This infrastructure access could potentially facilitate future development and transportation logistics if the project advances beyond the exploration phase.
For investors and industry observers, these initial results provide the first concrete data points from the Murdock Mountain Property drilling program. The phosphate grades reported fall within commercially viable ranges for phosphate mining operations, though additional drilling and analysis will be necessary to determine the full economic potential of the deposit.
The global phosphate market has gained increased attention in recent years due to its critical role in agricultural fertilizers and food production. As concerns about food security and sustainable agriculture grow, domestic sources of phosphate in North America could potentially reduce dependence on international suppliers. The company maintains a newsroom where updates relating to NOP are available at https://ibn.fm/NOP.
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The release of these initial assay results represents an important milestone for Nevada Organic Phosphate as it seeks to establish the commercial viability of its Nevada phosphate deposit. As the company awaits additional analytical results, the mining industry and agricultural sector will be watching closely to see if this project can develop into a significant domestic source of phosphate in North America.
Curated from InvestorBrandNetwork (IBN)
