Northwire Canada EditionMonday, November 2, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Routine +

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.

By The Northwire Desk — AI Analysis Jun 10, 2026 · 12:11 NOP · 0.195 Nevada Organic Phosphate Inc.
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.
Read the original news release →

More from Nevada Organic Phosphate Inc.

Jun 16, 2026 · 08:30

Consistent High-Grade Drill Results and Capital Raise Extend Exploration Runway, but Revenue Remains Distant

Drill Results Jun 02, 2026 · 08:46

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

Drill Results May 27, 2026 · 08:20

Nevada Organic Phosphate Secures Capital and Maintains Drilling Momentum Despite Warrant Overhang

Production / Operations May 22, 2026 · 13:25

Upsized Placement Signals Market Confidence in Nevada Organic Phosphate's Murdock Mountain Organic Phosphate Project

Financings May 20, 2026 · 08:17

Nevada Organic Phosphate Advances Drilling Program Following Oversubscribed Financing, Assays Awaited to Confirm Grade Continuity

Drill Results May 15, 2026 · 09:00

NOP doubles down on Murdock Mountain – placement jumps to $4.75M after strong demand, funding phase‑2 drilling from a position of momentum.

Financings