Nevada Organic Phosphate (CSE: NOP; OTCQB: NOPFF; FSE: Z58), a British Columbia-based organic sedimentary phosphate exploration company, announced that drill hole MM26-11 intersected 28.7 meters of the target Meade Peak Member, with visual indications of the Upper Phosphate Zone. The hole is located approximately 315 meters southwest of MM26-10, which previously intersected 27 meters of Meade Peak, including 3.60 meters grading 10.89% P2O5. These results are significant because they extend the confirmed strike length of phosphate mineralization to more than 3.3 kilometers, supporting the company's geological model and indicating that the mineralized system is more extensive than previously known.
The extension of the strike length is a key milestone for Nevada Organic Phosphate, as it suggests the potential for a larger resource base at Murdock Mountain. The company's flagship project hosts an organic sedimentary raw rock phosphate bed that is 6.6 kilometers long in northeast Nevada, with additional applications extending the potential strike to over 30 kilometers. This is believed to be the only known large-scale organic sedimentary phosphate project in North America. The project's location near the main highway to Montello/Elko, Nevada, and close to the rail head to California, provides logistical advantages that could facilitate future development.
Assay results are pending to confirm the true thickness and phosphate content of the Upper Phosphatic Zone. If the assays corroborate the visual estimates, the results could further de-risk the project and enhance its economic appeal. The company's focus on organic sedimentary phosphate positions it to supply a growing market for organic fertilizers and other phosphate-based products, where demand is driven by sustainable agriculture practices.
For investors, the news is a positive step in the company's exploration program. The latest drill results build on previous intersections and reinforce the continuity of mineralization along strike. As Nevada Organic Phosphate Inc. continues to advance its exploration efforts, the pending assay results will be closely watched. The full press release can be viewed at https://nnw.fm/19PK2, and the latest news and updates relating to NOP are available in the company's newsroom at https://nnw.fm/NOP.
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