Nevada Organic Phosphate Inc. (CSE: NOP; OTCQB: NOPFF) has announced that drill hole MM26-10 at its Murdock Mountain project 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, which significantly expands the known mineralization and underscores the project's potential scale.
The preliminary core logging has identified oolitic textures consistent with the Upper Phosphate Zone, supporting the company's geological model. Laboratory assay results are expected following validation, which will provide detailed grade information and further assess the economic viability of the deposit. The successful step-out strengthens confidence in the continuity and scale potential of the phosphate system, a key factor for any future mining operation.
Management also noted that it is transitioning to a new drilling contractor after experiencing equipment, staffing, and logistics delays. This change is expected to improve drilling productivity as exploration advances across additional project areas. The company remains focused on delineating the full extent of the phosphate resource, which is believed to be the only known large-scale organic sedimentary phosphate project in North America.
The Murdock Mountain project is situated in northeast Nevada, near the main highway to Montello/Elko and close to a rail head to California, providing logistical advantages for future development. The project's organic sedimentary rock phosphate bed spans 6.6 kilometers, with additional applications extending the potential strike to over 30 kilometers, highlighting the immense resource potential.
This development is important as it reinforces the geological continuity of the phosphate horizon, reducing exploration risk and enhancing the project's attractiveness to potential partners and investors. The confirmation of mineralization over a 3-kilometer strike length is a significant milestone for Nevada Organic Phosphate as it progresses towards resource estimation and feasibility studies.
For further details, the full press release is available at https://ibn.fm/gODmo. Investors can access the latest news and updates from the company at its newsroom: https://ibn.fm/NOP.
