Drill Results
Nevada Organic Phosphate Reports Assays from Drill Hole MM26-7 at Murdock Mountain
High-grade, low-contaminant phosphate explorer advancing Nevada sedimentary deposits amid critical mineral tailwinds.

Executive Summary
- Nevada Organic Phosphate Inc. (NOP) released assay results from drill hole MM26-7 at its Murdock Mountain property in Elko County, Nevada.
- The hole intersected a weighted average of 11.82% P2O5 over an apparent thickness of 6.0 metres within the Upper Phosphatic Zone.
- This result follows the initial 2025 hole MM25-1, which returned 10.23% P2O5 over 5.12 metres, reinforcing lateral continuity and validating the geological model.
- Analytical work was performed by ALS Laboratories using ME-XRF24 whole-rock analysis, with NI 43-101 compliant QA/QC protocols verified by Independent Qualified Person Kenneth N. Tullar.
- Management highlighted that each new data point contributes to de-risking the project and strengthens the foundation for future exploration phases.
Material Impact
- The release represents an incremental exploration update rather than a transformative event.
- It confirms previously reported high-grade intercepts and does not introduce new financial metrics, production timelines, or commercial agreements.
- The market has already priced in the positive geological trajectory through the recent price appreciation from $0.03 to $0.26.
- No unexpected catalysts, M&A activity, or capital raises are disclosed in this specific release.
- The news is consistent with the company's stated exploration plan and does not alter the fundamental risk profile or valuation drivers.
NOP · Price
Company Overview
- Nevada Organic Phosphate Inc. is a junior exploration company focused on the Murdock Mountain Project, a large-scale organic sedimentary rock phosphate deposit in northeastern Nevada.
- The project targets Direct-Application Rock Phosphate (DARP) for organic and regenerative farming, emphasizing low heavy-metal contaminants and multi-nutrient profiles suitable for premium agricultural markets.
- The company recently expanded its land package by adding 6,011 acres through new prospecting applications, increasing the conceptual Exploration Target Mineral Inventory to over 200 million tonnes.
- NOP is listed on the Canadian Securities Exchange (CSE) and the OTCQB Venture Market, aiming to improve liquidity and visibility among U.S. investors.
- Phosphate was recently added to the U.S. Critical Minerals List, providing potential tailwinds for domestic development and federal support.
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Jun 16, 2026 · 08:30