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.
The latest results extend the confirmed strike length of phosphate mineralization to more than 3.3 kilometers, supporting the company’s geological model. Assay results are pending to confirm the true thickness and phosphate content of the Upper Phosphatic Zone.
This extension is significant because it suggests that the phosphate mineralization is continuous over a substantial distance, which could increase the potential resource size of the Murdock Mountain project. The company’s geological model had predicted this continuity, and the new drill results provide further validation. Investors can view the full press release at https://nnw.fm/19PK2.
NOP is a junior exploration company with an organic sedimentary raw rock phosphate bed, 6.6 kilometres long, in northeast Nevada. Additional applications extend the potential strike of rock phosphate to over 30 kilometres. This is believed to be the only known large-scale organic sedimentary phosphate project in North America. It is situated close to the main highway to Montello/Elko, Nevada, and near the rail head to California.
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The extension of the strike length at Murdock Mountain could be a positive development for NOP as it seeks to advance its phosphate project. With assay results pending, the market will be watching to see if the visual indications are confirmed by chemical analysis. If confirmed, the results could bolster the company’s position as a potential supplier of organic phosphate in North America.
