Nevada Organic Phosphate Murdock Mountain Prospecting Permit to be Approved, Subject to Providing Reclamation Bond Fee
Nevada Organic Phosphate Murdock Mountain Prospecting Permit to be
Approved, Subject to Providing Reclamation Bond Fee
Vancouver, British Columbia, Oct. 23, 2024. Nevada Organic Phosphate Inc. (“NOP” or
the “Company) (CSE: NOP), a B.C. based company engaged in the exploration for organic
sedimentary raw rock phosphate in Nevada, is pleased to announce that, NOP’s wholly owned
subsidiary, Nevagro, has been informed by the Deputy State Director (DSD) for Energy and
Minerals at the BLM Nevada State Office that the Murdock Mountain Project Reclamation Bond
Fee can now be submitted.
In accordance with US Federal Regulation 43 CFR § 3504.50, a (reclamation) bond is required
if the decision is made to approve the Prospecting Permit Application.
Justin Abernathy, the Deputy State Director (DSD) for Energy and Minerals at the BLM Nevada
State Office, has signed the Reclamation Bond Letter.
“Our Team is very excited by the signing of the Bond Letter by BLM DSD because our drill
program can commence once the Reclamation Bond Fee has been received and processed
by the BLM. A lot of hard work and perseverance by our team, our environmental consultants,
and by the BLM Field Office has finally paid off for us” stated Robin Dow, Chief Executive
Officer, Nevada Organic Phosphate.
Nevada Organic Phosphate Inc.
NOP is a junior exploration company with a sedimentary rock phosphate property (the
“Murdock Property”) hosting a nearly flat lying sedimentary bed of known phosphate
mineralization in NE Nevada.
The increasing interest in organic and sustainable agriculture practices has contributed to the
demand for organic fertilizers, including those derived from rock phosphate. Organic rock
phosphate is often marketed as a fertilizer that not only provides phosphorus but also
contributes to overall soil health.
The Issuer aims to be one of the only certified organic rock phosphate producers with large
scale potential in North America. The Murdock Property is situated adjacent to a main highway
and the rail head to California.
For More Information
Robin Dow, CEO
T: 604.355.9986
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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 anticipated Prospecting Permit
and the anticipated timing of its approval. 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
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entirety by this cautionary statement.