Nevada Organic Phosphate Inc. (CSE: NOP) announced on October 21, 2026, that drill hole MM26-12 at its Murdock Mountain project in northeast Nevada intersected a strong 37.4 metres of the target Meade Peak Member, with oolitic zones visually indicative of the Upper Phosphate Zone observed during core logging. The intersection extends the confirmed strike length of phosphate mineralisation to over 3.5 kilometres. Assay results are pending, meaning the phosphate grade and true thickness of the Upper Phosphatic Zone are not yet confirmed.

Key Points

  • Nevada Organic Phosphate Inc. (CSE: NOP, OTCQB: NOPFF, FSE: ZV8)
  • Hole MM26-12 intersected 37.4 metres of the Meade Peak Member with visual oolitic mineralisation at Murdock Mountain, Nevada
  • MM26-12 is approximately 200 metres southwest of MM26-11, bringing confirmed strike to over 3.5 kilometres; assays are pending
  • Investors will be watching for assay results to confirm phosphate grade and true thickness of the Upper Phosphatic Zone

MM26-12 Drill Results at Murdock Mountain

The company reports that hole MM26-12 reached a total depth of 139.45 metres and intersected 37.4 metres of the Meade Peak Member, the target stratigraphic unit at Murdock Mountain. Core logging identified oolitic zones characteristic of the Upper Phosphate Zone. The release states that true thickness and phosphate content of the Upper Phosphatic Zone will only be confirmed upon receipt of assay results. The company did not disclose an expected timeframe for those assay results in the announcement.

Strike Length Now Confirmed Beyond 3.5 Kilometres

MM26-12 was drilled approximately 200 metres further along trend to the southwest of hole MM26-11, according to the release. This brings the confirmed strike length of the phosphate mineralisation target zone to over 3.5 kilometres. The company describes Murdock Mountain as part of a broader project covering a phosphate bed 6.6 kilometres long, with additional applications suggesting potential strike of over 30 kilometres. NOP characterises this as believed to be the only known large-scale organic certifiable sedimentary phosphate project in North America.

Qualified Person Sign-Off and Geological Model Progress

The technical content of the announcement was reviewed and approved by Garry K. Smith, P.Geo., a Director of the company and a Qualified Person as defined under National Instrument 43-101. The release notes that MM26-12 was completed without significant drilling complications and that the intersection featured abundant oolites within the Meade Peak. The company states the results represent continued progress in de-risking its geological model, though investors should note that all interpretations remain subject to assay confirmation before any conclusions about mineralisation grade can be drawn.