Nevada Organic Phosphate Reports Encouraging Preliminary Drill Results at Murdock Mountain Project
Nevada Organic Phosphate Inc. announced preliminary drill results from its Murdock Mountain property, intersecting 39 meters of target stratigraphy, highlighting the potential of its large-scale organic sedimentary phosphate project in Nevada.
Nevada Organic Phosphate Inc. (CSE: NOP; OTCQB: NOPFF) reported encouraging preliminary observations from drill hole MM26-7 at its wholly owned Murdock Mountain property in Nevada, where the hole intersected an apparent 39 meters of the target Meade Peak stratigraphy, consistent with results from prior drilling. The company said laboratory assays will be needed to confirm true thickness and phosphate content within the Upper Phosphatic Zone, while drilling continues with MM26-8 and updated mapping and collar survey data expected in a future release.
This news matters because it underscores the potential of what the company believes is the only known large-scale organic sedimentary phosphate project in North America. The Murdock Mountain property features 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 strategically located near a main highway to Montello/Elko, Nevada, and close to a rail head to California, which could facilitate future transportation and logistics.
Phosphate is a critical component in fertilizers and other industrial applications, and the development of domestic sources reduces reliance on imports. The preliminary results suggest continuity of the phosphate zone, which is essential for resource estimation and eventual mining feasibility. Investors and industry observers will be watching for assay results to confirm grades and thickness.
For more details, the full press release is available at https://ibn.fm/6FVSq. Latest news and updates relating to NOP are available in the company’s newsroom at https://ibn.fm/NOP.