Nevada Organic Phosphate Inc. (CSE: NOP; OTCQB: NOPFF) reported encouraging preliminary observations from drill hole MM26-8 at its wholly owned Murdock Mountain Property in Nevada. The drill hole intersected an apparent 15.3-meter (50.2-foot) section of the Meade Peak unit, the company announced. The exploration target remains the Upper Phosphatic Zone within the Meade Peak Member, with true thickness and phosphate content to be confirmed through laboratory assays.
The company also announced that drill hole MM26-9 has been collared approximately 100 meters north and upslope from a previous drill location. Drilling is set to resume following a mandatory crew rest period. Nevada Organic Phosphate said laboratory assay results from the current program will be released once received and validated.
These developments are part of the company's ongoing exploration at the Murdock Mountain Property, which features a 6.6-kilometer-long organic sedimentary raw rock phosphate bed in northeast Nevada. Additional applications extend the potential strike of rock phosphate to over 30 kilometers. This is believed to be the only known large-scale organic sedimentary phosphate project in North America. The property is situated close to the main highway to Montello/Elko, Nevada, and near the rail head to California.
Nevada Organic Phosphate is a junior exploration company focused on advancing this phosphate project. The preliminary results from drill hole MM26-8 mark a step forward in delineating the resource potential. The company awaits laboratory assays to confirm the phosphate content and thickness of the intersected zone.
For more details, the full press release is available at https://ibn.fm/bnZkv. Additionally, the latest news and updates relating to NOP can be found in the company's newsroom at https://ibn.fm/NOP.
