Nevada Organic Phosphate Inc. (CSE: NOP; OTCQB: NOPFF) reported encouraging preliminary observations from drill hole MM26-8 at its wholly owned Murdock Mountain Property in Nevada. The hole intersected an apparent 15.3-meter (50.2-foot) section of the Meade Peak unit, a key target for the company's exploration efforts. The company stated that its exploration target remains the Upper Phosphatic Zone within the Meade Peak Member, with true thickness and phosphate content to be confirmed through laboratory assays.
In addition, Nevada Organic Phosphate announced that drill hole MM26-9 has been collared approximately 100 meters north and upslope from a previous drill location. Drilling is set to resume following a mandatory crew rest period. The company said laboratory assay results from the current program will be released once received and validated.
The Murdock Mountain Property is located in northeast Nevada and is believed to host the only known large-scale organic sedimentary phosphate project in North America. The company holds a 6.6-kilometer-long organic sedimentary raw rock phosphate bed, with additional applications extending the potential strike to over 30 kilometers. The property is situated close to the main highway to Montello/Elko, Nevada, and near the rail head to California, providing logistical advantages.
These preliminary results are significant because they confirm the presence of the Meade Peak unit, which contains the target phosphate zone. The company's focus on organic sedimentary phosphate is notable, as this type of phosphate is in demand for organic farming applications. The potential for a large-scale domestic source of organic phosphate could reduce reliance on imports and support sustainable agriculture.
For more details, the full press release is available at https://ibn.fm/bnZkv. Additional information about Nevada Organic Phosphate Inc. can be found in their newsroom at https://ibn.fm/NOP.
