Nevada Organic Phosphate Inc. News Release: 2025 Focus!
Nevada Organic Phosphate Inc.: 2025 Focus!
Vancouver, British Columbia, November 12, 2024. Nevada Organic Phosphate Inc.
(“NOP” or the “Company) (CSE: NOP), a B .C. based company engaged in the
exploration, in Nevada, for organic, sedimentary raw rock phosphate, is pleased to
announce significant progress in the exploration of its flagship Murdock Property in Northeast
Nevada. The property, renowned for its nearly flat -lying sedimentary bed of known phosphate
mineralization, continues to show promising results.
"We are thrilled with the progress we've made at the Murdock Property," Robin Dow, CEO of
Nevada Organic Phosphate Inc. reported. "These results not only underscore the significant
drilling potential of our project, and its potential massive size, but also reinforce our commitment
to environmental stewardship and sustainable practices. We are well -positioned to meet the
growing demand for organic fertilizers in North America."
Key Highlights:
• Financial Milestones: Since January 2022, NOP has successfully raised
$1,592,100 and incurred $994,961 in exploration expenditures. NOP is currently
focused on a $500,000 private placement to fund ongoing exploration activities into
2025 and to strengthen its financial position.
• Positive Exploration Results: Geological surveys have confirmed the presence of
high-quality phosphate mineralization across several new target areas within the
Murdock Property permit areas. The strike length of the target phosphate zone at
the Murdock Property has increased from approximately 6.6 to 33.4 kilometers.
• Targets: The initial 1,813- acre application is believed to host a potential
Exploration Target Mineralization Inventory (ETMI) of 10 to 46 million tonnes of
rock phosphate, with a grade ranging from 3- 15% P2O5. This estimate is based on
an average thickness of 3.5 meters and a specific gravity of 2.61.
• New Targets: Three new applications covering an additional 6,011 acres have been
added, bringing the total ETMI potential to 200-220 million tonnes of rock
phosphate.
These estimates are conceptual in nature and have not been verified by NOP according to
current 43- 101 standards of disclosure. Further exploration is required to define a mineral
resource. It's important to note that these figures are based on previous workers' estimates and
geological models, and further exploration will be necessary to confirm these potential
resources.
• Drill Program: 2024 drilling was delayed by the BLM process being completed a
week before the sage grouse habitat timing restrictions expired on November 1.
Drilling is now planned on the main phosphate target mid-2025.
• Market Potential : With the North American organic food market valued at
approximately $35 billion, NOP is poised to become a key supplier of certified
organic rock phosphate, providing an essential nutrient for sustainable agriculture.
NOP has the potential to be the largest, if not the only major supplier of Organic,
direct application raw rock phosphate in North America.
• Sustainable Practices: In line with our commitment to environmentally responsible
mining, our exploration timeline has been carefully revised to comply with
environmental regulations and protect local wildlife habitats, including those of the
sage grouse.
The technical information in this news release has been reviewed and approved by Garry K
Smith, P.Geo., a Qualified Person as defined in “National Instrument 43- 101, Standards of
Disclosure for Mineral Projects.
Nevada Organic Phosphate Inc.
Nevada Organic Phosphate Inc. is a junior exploration company based in British Columbia,
Canada, focused on the development of organic sedimentary raw rock phosphate in north-
eastern Nevada, USA. Our mission is to provide high- quality, environmentally responsible
phosphate products to the organic agriculture industry.
For More Information
Robin Dow, CEO
T: 604.355.9986
Neither the Canadian Securities Exchange nor its regulations services providers have reviewed or accept
responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements and information (“FLSI”) within the meaning of
applicable securities laws. FLSI may include expectations, anticipations, beliefs, opinions, plans,
intentions, estimates, forecasts, projections, guidance or other similar statements and information that are
not historical facts. All statements which are not historical statements are considered FLSI. Forward-
looking statements in this press release include, but are not limited to, statements regarding the potential
size and grade of a the potential resource. Further exploration is required to define a mineral resource
and it remains uncertain whether an economically recoverable resource will be discovered. All FLSI is
based on assumptions, which may prove inaccurate, and subject to certain risks and uncertainties,
including without limitation those risks and uncertainties identified in the Company’s public securities
filings, which may cause actual events or results to differ materially from those indicated or implied in
FLSI. Accordingly, readers should not place undue reliance or value on FLSI. Although the Company
believes that the expectations reflected in any FLSI in this news release are reasonable at the present
time, it can give no assurance that such FLSI will prove to be correct. Any FLSI in this news release is
made as of the date hereof and the Company undertakes no obligations to publicly update or revise any
FLSI, whether as a result of new information, future events or otherwise, unless required by applicable
securities laws. Any FLSI in this news release is expressly qualified in its entirety by this cautionary
statement.