Nevada Organic signs drill contract for Murdock Mtn.

Executive Summary

• Nevada Organic Phosphate’s subsidiary Nevagro LLC has secured equipment, contracts and facilities to commence a 12‑hole maiden diamond drilling program at the Murdock Mountain rock phosphate project.
• A drilling contract was signed for up to 1,500 m (≈5,000 ft) of HQ‑diameter core from 12 locations targeting depths of 100–250 m.
• Access roads have been upgraded and a new warehouse/field office leased in Elko, NV to support core logging, sample processing and ongoing field work.

Key Details

• Road upgrades: Local equipment operators engaged to improve access routes to the designated drill sites on the Nevagro lease.
• Drilling contract: Agreement with an experienced drilling contractor to execute up to 1,500 m of HQ‑diameter diamond drilling across 12 planned holes.
• Target depths: Each hole will aim for a depth range of approximately 100 m to 250 m to intersect key phosphate targets in Area A.
• Field infrastructure: Lease of a warehouse and field office in Elko, NV to serve as the hub for core logging, sample processing and future operational activities.
• Funding status: Management states that “ample funding is in place,” allowing drilling to commence within roughly one week.
• Management comment: CEO Robin Dow emphasized the rapid progress: “Our geologists Garry Smith and Marco Montecinos have made very significant strides forward… This is it: what we have been waiting 13 years for.”

Notable Quotes

“Our geologists Garry Smith and Marco Montecinos have made very significant strides forward to securing NOP's active drill program in a very short time. With ample funding in place, NOP expects to be on the ground within a week or so. This is it: what we have been waiting 13 years for.” – Robin Dow, CEO

Materiality Assessment: Non‑Material – Positive (operational preparation with no immediate financial impact).