Northwire Canada EditionSunday, July 12, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

Nevada Organic Phosphate Reports Preliminary Geological Observations From Drill Hole MM26-8 at Murdock Mountain

Nevada Organic Phosphate Advances Phase 2 Drilling at Murdock Mountain as Preliminary Observations Signal Continued Phosphate Horizon Extension

Executive Summary
  • Nevada Organic Phosphate Inc. (NOP) released preliminary geological observations from drill hole MM26-8 at its Murdock Mountain property.
  • The hole intersected approximately 15.3 metres of the Meade Peak phosphatic unit.
  • The exploration targets the Upper Phosphatic Zone, which typically measures 3.4 to 7.6 metres in thickness.
  • Final true thickness and phosphate grades are pending laboratory assay validation.
  • Drilling has advanced to hole MM26-9, positioned upslope from previous holes. Operations are temporarily paused for mandatory crew rest but will resume shortly.
  • Core logging, prospecting in new permit areas, and pad reclamation continue on-site.
Material Impact
  • The release represents a standard exploration update within an already funded and announced Phase 2 drilling program.
  • Preliminary geological observations are not assay results. Without laboratory validation, the intersection cannot yet be quantified in terms of grade or economic potential.
  • The update is fully in line with previous expectations set by the May 2026 financing and the ongoing 2026 exploration plan.
  • No new strategic partnerships, resource estimates, or financing announcements were made. The market already priced in the drilling program and the $5.5 million capital raise.
  • The news is incremental and routine. It does not contain genuinely new, unexpected, or market-moving information.
NOP · Price
Company Overview
  • Nevada Organic Phosphate Inc. is a junior exploration company focused on the Murdock Mountain Project in Elko County, Nevada.
  • The flagship asset is a shallow-dipping, organic sedimentary rock-phosphate bed spanning 6.6 km, with geological models suggesting potential extension beyond 30 km.
  • The target product is Direct-Application Rock Phosphate (DARP), marketed for organic and regenerative agriculture systems.
  • The deposit is characterized by low heavy-metal contaminants (As, Cd, Pb, Hg) well below AAPFCO and USDA organic thresholds, providing a "clean chemistry" advantage for premium fertilizer markets.
  • The project benefits from proximity to major transportation corridors (highway to Montello/Elko and a railhead serving California), reducing future logistics costs.
  • Phosphate was added to the U.S. Critical Minerals List in November 2025, potentially unlocking federal permitting support and research funding.
Read the original news release →

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