Nevada Organic Phosphate Inc. (CSE: NOP; OTCQB: NOPFF) has completed drill mobilization for its 2026 exploration program at the Murdock Mountain Project in Nevada, with drilling set to begin after site preparation by contractor FTE Drilling. The company also appointed Stantec Consulting Inc. as its NEPA environmental consultant to support permitting and regulatory engagement.
The Murdock Mountain Project, located in northeast Nevada, hosts an organic sedimentary raw rock phosphate bed extending 6.6 kilometres. The company notes that additional applications extend the potential strike of rock phosphate to over 30 kilometres. This deposit is believed to be the only known large-scale organic sedimentary phosphate project in North America.
Phosphate is a critical component in fertilizer production, and the project's proximity to infrastructure—close to the main highway to Montello/Elko, Nevada, and near a rail head to California—could enhance its development potential. The appointment of Stantec, a recognized environmental consulting firm, signals the company's commitment to navigating regulatory requirements as it advances the project.
In a separate move, the company's board approved the issuance of 250,000 stock options to a consultant at an exercise price of $0.24 per share. The options are subject to regulatory approval and vesting terms.
The completion of drill mobilization marks a tangible step forward for Nevada Organic Phosphate as it seeks to define the resource potential of Murdock Mountain. The company aims to explore the deposit's viability in a market where domestic sources of phosphate are limited and demand for fertilizers remains robust.
For more details, the full press release is available at https://nnw.fm/NGD5E. Further updates on the company's progress can be found in its newsroom at https://nnw.fm/NOP.
