Nevada Organic Phosphate Inc. (CSE: NOP; OTCQB: NOPFF; FSE: Z58) reported that drill hole MM26-12 intersected 37.4 metres of the target Meade Peak Member, with oolitic zones characteristic of the Upper Phosphate Zone observed during core logging. The hole, located approximately 200 metres southwest of MM26-11, extends the confirmed strike length of the target zone to more than 3.5 kilometres, according to a press release disseminated on behalf of Nevada Organic Phosphate Inc.
The extension is significant because it suggests the phosphate-bearing horizon is continuous over a substantial distance, which could enhance the project’s potential scale. Assay results are pending to confirm the true thickness and phosphate content of the Upper Phosphatic Zone. CEO Robin Dow said the results represent continued progress in validating the company’s geological model, while director Garry Smith noted improved drilling productivity and completion of MM26-12 without significant complications.
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.
For investors, the news matters because it reinforces the geological continuity of the Murdock Mountain project and supports the company’s exploration thesis. The confirmed strike length of over 3.5 kilometres, if validated by assays, could position NOP as a notable player in the North American phosphate space, particularly given the scarcity of large-scale organic sedimentary phosphate projects on the continent. The pending assay results will be critical in determining whether the observed oolitic zones translate into economic phosphate grades.
To view the full press release, visit https://ibn.fm/V4zPY. The latest news and updates relating to NOP are available in the company’s newsroom at https://ibn.fm/NOP.
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