Nevada Organic Phosphate Inc. (CSE: NOP; OTCQB: NOPFF) has announced that drill hole MM26-10 at its Murdock Mountain project 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 previous drilling, marking a significant expansion of the known mineralized zone.
Preliminary core logging identified oolitic textures consistent with the Upper Phosphate Zone, which supports the company's geological model. Laboratory assay results are expected following validation, providing further data on the grade and thickness of the phosphate horizon.
The successful step-out strengthens confidence in the continuity and scale potential of the phosphate system at Murdock Mountain. The company continues exploration across additional project areas, aiming to further delineate the resource.
Management also noted that it is transitioning to a new drilling contractor after experiencing equipment, staffing, and logistics delays. The change is expected to improve drilling productivity as operations advance, which could accelerate the pace of exploration and development.
Nevada Organic Phosphate is a junior exploration company with an organic sedimentary raw rock phosphate bed stretching 6.6 kilometers in northeast Nevada. Additional applications extend the potential strike of rock phosphate to over 30 kilometers. This is believed to be the only known large-scale organic sedimentary phosphate project in North America. The project is situated close to the main highway to Montello/Elko, Nevada, and near the rail head to California, providing logistical advantages.
The extension of the strike length to over 3 kilometers is a key milestone, as it demonstrates the project's sizable potential. The presence of oolitic textures in the core is particularly encouraging, as these are characteristic of high-quality phosphate zones. This development could have significant implications for the company's future resource estimates and the overall viability of the project.
Investors and stakeholders will be watching closely for the assay results, which will provide more concrete data on the economic potential of the deposit. The company's efforts to improve drilling efficiency are also positive, as they could lead to more rapid exploration progress and potentially quicker development timelines.
For more information on Nevada Organic Phosphate, visit the company's newsroom at https://ibn.fm/NOP.
