Nevada Organic Phosphate Inc. (CSE: NOP; OTCQB: NOPFF) has announced that drill hole MM26-10 at its Murdock Mountain project has successfully intersected the Meade Peak Member, extending the confirmed strike length of the target phosphate horizon to more than 3 kilometers. This follows a 1.5-kilometer step-out from previously known mineralization, significantly enhancing the company's understanding of the deposit's continuity and scale.
Preliminary core logging has identified oolitic textures consistent with the Upper Phosphate Zone, aligning with the company's geological model. This supports the potential for a large, continuous phosphate system. Laboratory assay results are pending validation, which will provide crucial data on grade and thickness.
The successful step-out is a key milestone for Nevada Organic Phosphate, as it strengthens confidence in the project's potential. The company is also transitioning to a new drilling contractor after experiencing equipment, staffing, and logistics delays. Management expects that the new contractor will improve drilling productivity as operations advance.
The Murdock Mountain project is part of a larger organic sedimentary rock phosphate bed that is 6.6 kilometers long, with additional applications extending the potential strike to over 30 kilometers. This is believed to be the only known large-scale organic sedimentary phosphate project in North America, situated near major transportation routes, including a highway to Montello/Elko and a rail head to California.
Exploration continues across additional project areas, and the company is committed to advancing the project systematically. The extension of the strike length beyond 3 kilometers is a significant development for the company, indicating the potential for a substantial phosphate resource.
For more information, visit the full press release at https://ibn.fm/gODmo.
