Nevada Organic Phosphate Inc. (CSE: NOP; OTCQB: NOPFF) has reported additional positive assay results from drill hole MM26-9 at its wholly owned Murdock Mountain project in Elko County, Nevada, reinforcing the continuity of phosphate mineralization across the target area. The company intersected the Upper Phosphate Zone with a weighted average grade of 10.73% P2O5 over a true thickness of 4.48 meters, while the Lower Phosphate Zone returned 8.18% P2O5 over 1.0 meter. Drill hole MM26-10 is nearing completion approximately 1.5 kilometers southwest in a previously untested area.
The latest results support the company's geological model, despite a weaker result from drill hole MM26-8, which the company views as a localized anomaly. All analytical work was completed by ALS Laboratories under ISO/IEC 17025:2017 standards, and the company noted that quality assurance and quality control programs confirmed the reliability of the reported assay results. This is significant for Nevada Organic Phosphate as it continues to define the extent and grade of phosphate mineralization at Murdock Mountain, which the company believes is the only known large-scale organic sedimentary phosphate project in North America.
The Murdock Mountain project spans a 6.6-kilometer-long organic sedimentary raw rock phosphate bed, with additional applications extending the potential strike to over 30 kilometers. Located near the main highway to Montello/Elko, Nevada, and close to a rail head to California, the project benefits from logistical advantages. The company's ongoing drilling program aims to further delineate the resource, and the positive assays from MM26-9 provide continued validation of the project's potential.
For investors, these results underscore the consistency of phosphate grades at Murdock Mountain, which could be crucial for future development. The company's focus on organic sedimentary phosphate, a type that may have applications in organic farming, adds a unique dimension to its value proposition. As the company advances exploration, the market will be watching for further updates on the drilling program and any resource estimates that may follow.
To view the full press release, visit https://nnw.fm/lyb4T. For more information about Nevada Organic Phosphate Inc., visit the company's newsroom at https://nnw.fm/NOP.
