Nevada Organic Phosphate Announces Meade Peak Target Intersected in Hole MM26‑11 at Murdock Mountain

The new hole shows visual signs of the Upper Phosphate Zone, with phosphate content still awaiting assay confirmation.

Rhea-AI Summary

Nevada Organic Phosphate (NOPFF) intersected 28.7 metres of the target Meade Peak Member in Hole MM26-11 at Murdock Mountain. Core logging identified oolitic zones typical of the Upper Phosphate Zone, but true thickness and phosphate content await assay confirmation.

The hole is approximately 315 metres southwest along trend from MM26-10. The company said the intersection extends confirmed phosphate mineralization along strike to over 3.3 kilometres. Previously reported MM26-10 results included 10.89% P2O5, a measure of phosphate content, over 3.60 metres. The company attributed slower 2026 assay reporting mainly to drilling through greater intervals of difficult overlying rock before reaching the target.

Positive

• Minor pointHole MM26-11 intersected 28.7 metres of the target Meade Peak Member.
• Minor pointMM26-11 extends confirmed phosphate mineralization along strike to over 3.3 kilometres, the company said.
• Minor pointPreviously reported MM26-10 results included 10.89% P2O5 over 3.60 metres.

Negative

• Minor point. Forward-looking: it has not happened yet and may not happen.MM26-11 Upper Phosphatic Zone true thickness and phosphate content remain subject to assay confirmation.
• Minor point2026 assay reporting is slower; the company cited greater intervals of difficult overlying rock as the main reason.

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VANCOUVER, BC, Oct. 19, 2026 /PRNewswire/ -- Nevada Organic Phosphate Inc. ("NOP" or the "Company") (CSE: NOP) (OTCQB: NOPFF) (FSE: ZV8), a B.C. based leader in organic sedimentary phosphate exploration, is pleased to report that Hole MM26-11 intersected a strong 28.7 metres (94.2 feet) of the target Meade Peak Member. Oolitic zones typical of the Upper Phosphate Zone were noted during core logging. True thickness and the phosphate content of the Upper Phosphatic Zone will be confirmed by assay.

MM26-11 is approximately 315 metres (1,037 feet) further along trend to the southwest from MM26‑10, which adds to the 1.5‑kilometre (4,921 feet) step‑out along strike from MM26-9. As reported previously, MM26-10 intersected 27 metres (88.6 feet) of Meade Peak including an excellent intersection of 10.89% P₂O₅ over 3.60 metres.

Robin Dow, CEO, commented: "MM26‑11 intersecting the Meade Peak, with visual indications of the Upper Phosphate Zone, extends our confirmed strike length of phosphate mineralization to over 3.3 kilometres, marking continued and meaningful progress de‑risking our geological model."

Garry Smith, P.Geo., Director, added: "we have been asked why our 2026 drilling has not reported assay results in as timely a manner as our 2025 program did. There are several reasons, but the main one is that we are drilling through greater intervals of the Murdock Mountain Formation (MM) before we get to the target Meade Peak Member (MP). The MM is a heterogeneous, silica-cemented, dolomitic mudstone containing numerous thin chert horizons and nodules. The driller often experiences blocked core barrel, reduced recovery, short runs, and excessive reaming and trip time. A driller with experience in this terrain can adapt to these changing conditions and still complete the hole, it just takes longer sometimes."

Drill Collars and Proposed Drill Pad Locations

DDH	UTME	UTMN	Elev m	TD m	Dip	Az	P2O5%/m
MM25-1	724411.456	4568960.496	1947.741	82.60	-90	0	10.23/5.12
MM25-2	724776.054	4569269.661	1897.114	125.73	-90	0	10.70/4.79
MM25-3	724352.512	4568765.272	1988.846	71.32	-90	0	11.12/4.70
MM25-4	724108.669	4568691.205	2013.431	99.67	-90	0	10.64/3.71
MM25-5	724108.669	4568691.205	2013.431	92.96	-65	120	11.01/3.96
MM25-6	723833.008	4568432.708	2020.394	78.30	-90	0	11.89/4.58
MM26-7	724386.373	4569078.232	1963.230	152.00	-90	0	11.82/6.00
MM26-8	724052.022	4568778.258	2038.504	128.00	-90	0	4.60/5.00
MM26-9	723802.259	4568547.017	2025.827	146.93	-90	0	10.73/4.50
MM26-10	722867.805	4567500.233	2184.325	215.00	-90	0	10.89/3.60
MM26-11	722733	4567220	2209	156.67	-90	0
P14	722626	4567064	2201		-90	0
P15	721836	4566386	2284		-90	0
P27	720589	4565788	2292		-90	0

(all values are UTM NAD83, and in metres, "decimals" denote surveyed)

Qualified Person

The interpretive technical information in this news release has been reviewed and approved by Garry K Smith, P.Geo., a Director and Qualified Person, as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects.

Nevada Organic Phosphate Inc. (CSE: NOP) (OTCQB: NOPFF) (FSE: ZV8)

NOP is a junior exploration company with an organic certifiable sedimentary raw rock phosphate bed, 6.6 kilometres long, in northeast Nevada. Additional applications extend the potential strike of rock phosphate to over 30 kilometres. This is believed to be the only known large-scale organic certifiable sedimentary phosphate project in North America. It is situated close to the main highway to Montello/Elko, Nevada, and the rail head to California or the East Coast.

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. 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.

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SOURCE Nevada Organic Phosphate Inc.

FAQ

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What did Nevada Organic Phosphate find in Hole MM26-11 at Murdock Mountain?

Hole MM26-11 intersected 28.7 metres of the target Meade Peak Member, with oolitic zones typical of the Upper Phosphate Zone observed during core logging. The Upper Phosphatic Zone's true thickness and phosphate content will be confirmed by assay.

How far does Nevada Organic Phosphate's MM26-11 extend the mineralized trend?

The company said MM26-11 extends confirmed phosphate mineralization along strike to over 3.3 kilometres. The hole is approximately 315 metres farther southwest along trend from MM26-10, which added a 1.5-kilometre step-out along strike from MM26-9.