Northwire Canada EditionTuesday, July 28, 2026
Northwire
LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Drill Results

Nevada Organic Phosphate Provides Update on Environmental Pre-Clearance Surveys and Drilling Program

NOP · Price

Executive Summary

  • Nevada Organic Phosphate Inc. reports a delay in its Murdock Mountain phosphate project due to incomplete BLM and NDOW biological and cultural pre‑clearance surveys.
  • The company has hired an additional environmental consulting firm to accelerate the remaining survey work and is negotiating with a second drilling contractor to resume drilling once clearances are obtained.
  • No new drilling results or financial transactions were disclosed; the update serves to inform investors of revised project timelines.

Key Details

  • Regulatory Delay: Required BLM and Nevada Department of Wildlife (NDOW) pre‑clearance surveys were not finished within the originally anticipated timeframe, postponing the start of field operations.
  • Consultant Expansion: An additional environmental consulting firm has been retained and will be on‑site this week to complete outstanding survey requirements more quickly.
  • Drilling Contractor Impact: The original drilling contractor has shifted to other commitments; a second drilling contractor is being contracted, pending receipt of the required clearances.
  • CEO Comment: Robin Dow emphasized that expanding the environmental team and securing an alternate driller are intended to maintain project momentum and reduce further scheduling risk.
  • Future Updates: The company will provide subsequent communications as survey work progresses and revised drilling timelines are confirmed.

Notable Quotes

“We are pleased to be expanding our environmental team to ensure that all required BLM and NDOW pre‑clearance work is completed efficiently… We have also taken steps to secure a second drilling contractor so that we are positioned to begin drilling as soon as the necessary clearances are issued.” – Robin Dow, CEO.

Read the original news release →

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