Northwire Canada EditionMonday, August 31, 2026
Northwire
GOLD 4482.90 −1.0% SILVER 66.89 −1.3% COPPER 6.68 +0.3% OIL 85.65 +2.7% PALLADIUM 1376.75 −4.8% PUMA 0.125 +0.0% MUN 0.395 +1.3% MOLY 1.50 −3.2% CNRI 0.170 +0.0% FRED 0.880 +23.9% AZS 0.730 +1.4% SWA 0.035 +0.0% CBI 0.105 +0.0% MKA 0.710 +1.4% AUGC 0.220 −4.3% IGO 0.165 −5.7% NIM 0.790 −1.2% CGM 0.200 −3.6% SCD 0.185 +5.7% NAU 1.43 −3.4% NRC 1.11 +7.8% GOLD 4482.90 −1.0% SILVER 66.89 −1.3% COPPER 6.68 +0.3% OIL 85.65 +2.7% PALLADIUM 1376.75 −4.8% PUMA 0.125 +0.0% MUN 0.395 +1.3% MOLY 1.50 −3.2% CNRI 0.170 +0.0% FRED 0.880 +23.9% AZS 0.730 +1.4% SWA 0.035 +0.0% CBI 0.105 +0.0% MKA 0.710 +1.4% AUGC 0.220 −4.3% IGO 0.165 −5.7% NIM 0.790 −1.2% CGM 0.200 −3.6% SCD 0.185 +5.7% NAU 1.43 −3.4% NRC 1.11 +7.8%
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.

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 →

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