Nevada Organic Phosphate Inc. (CSE: NOP; OTCQB: NOPFF) has reported additional positive assay results from drill hole MM26-9 at its wholly owned Murdock Mountain project in Elko County, Nevada. The company intersected the Upper Phosphate Zone with a weighted average grade of 10.73% P2O5 over a true thickness of 4.48 meters, supporting the continuity of phosphate mineralization across the target area. The hole also returned 8.18% P2O5 over 1.0 meter in the Lower Phosphate Zone. Drill hole MM26-10 is nearing completion approximately 1.5 kilometers southwest in a previously untested area, the company said.
The latest results reinforce the company's geological model despite weaker results from MM26-8, which Nevada Organic Phosphate views as a localized anomaly. The company noted that all analytical work was completed by ALS Laboratories under ISO/IEC 17025:2017 standards, with quality assurance and quality control programs confirming the reliability of the reported assay results. These findings are significant for Nevada Organic Phosphate as the Murdock Mountain project is believed to be the only known large-scale organic sedimentary phosphate project in North America, with a potential strike length extending over 30 kilometers.
The company's flagship property is a 6.6-kilometer-long organic sedimentary raw rock phosphate bed in northeast Nevada, situated close to the main highway to Montello/Elko and near a rail head to California. This location provides logistical advantages for potential future development. The continued strong assays from Murdock Mountain underscore the project's potential to become a significant domestic source of phosphate, which is critical for fertilizer production and other industrial applications. As the United States relies heavily on imported phosphate, projects like Murdock Mountain could reduce supply chain vulnerabilities. The company's stock is traded on the Canadian Securities Exchange under the symbol NOP and on the OTCQB under NOPFF.
For further details on the assay results, the full press release is available at https://nnw.fm/lyb4TNevada. Additional news and updates on Nevada Organic Phosphate can be found in the company's newsroom at https://nnw.fm/NOP.
