Nevada Organic Phosphate Inc. (CSE: NOP) has announced that drill holes MM26-14 and MM26-15 at its Murdock Mountain project in northeast Nevada both intersected the targeted Meade Peak Member at apparent thicknesses of 39 metres and 38 metres respectively. The results confirm the Upper Phosphate Zone extends over 4.5 kilometres, with MM26-14 representing the farthest west hole drilled on the property to date. Investors may be watching for assay results, which will confirm true thickness and phosphate grade across the mineralised horizon.

Key Points

  • Nevada Organic Phosphate Inc. (CSE: NOP, OTCQB: NOPFF, FSE: ZV8)
  • Drill holes MM26-14 and MM26-15 intersected 39 metres and 38 metres of the Meade Peak Member, respectively, at Murdock Mountain, Nevada
  • MM26-14 is the farthest west hole drilled to date, confirming trend continuity beyond 4.5 kilometres; assay results remain pending
  • The drill rig is moving to hole MM26-16 to close a gap in data coverage along the mineralised corridor

Meade Peak Member Intersected in Both MM26-14 and MM26-15

The release states that holes MM26-14 and MM26-15 both successfully intersected the target Meade Peak Member, returning apparent mineralised intervals of 39 metres (128 feet) and 38 metres (124.67 feet) respectively. Geological logging identified visual oolitic textures within portions of the phosphate-bearing interval in each hole, described by the company as consistent with observations from earlier drilling. Director and Qualified Person Garry Smith, P.Geo., noted that laboratory analyses remain necessary to determine phosphate grade and associated chemical characteristics, underscoring that the current figures are based on visual core logging rather than confirmed assay data.

MM26-14 Extends the Trend to Over 4.5 Kilometres

MM26-14 is confirmed as the farthest west hole drilled on the Murdock Mountain property to date and demonstrates that the Upper Phosphate Zone trend continues to beyond 4.5 kilometres along strike. MM26-15 was drilled approximately mid-way between MM26-14 and the previously completed MM26-12, helping fill spatial gaps in the company's geological model. CEO Robin Dow stated that the intersections demonstrate the consistency and scale of the phosphate-bearing horizon across the project area, adding that the company is increasingly confident in the continuity of the system as the drilling programme advances.

NOP's Broader Murdock Mountain Project Context

Nevada Organic Phosphate describes itself as a junior exploration company holding an organically certifiable sedimentary raw rock phosphate bed approximately 6.6 kilometres long in northeast Nevada. The company states that additional applications extend the potential strike of rock phosphate to over 30 kilometres, and characterises the asset as believed to be the only known large-scale organic certifiable sedimentary phosphate project in North America. The property is situated near the main highway to Montello and Elko, Nevada, and a rail head providing access to California and the east coast. The technical information in the announcement was reviewed and approved by Garry K. Smith, P.Geo., as Qualified Person under National Instrument 43-101.