Nevada Organic Phosphate Intersects Additional Upper Phosphate Zone Mineralization at Murdock Mountain and Extends Geological Model Beyond 4.5 Kilometres

Assay results remain outstanding, leaving the Upper Phosphate Zone's true thickness and phosphate content unconfirmed.

Rhea-AI Summary

Nevada Organic Phosphate (NOPFF) intersected 33.7 metres of the target Meade Peak Member in hole MM26-13 at Murdock Mountain. Core logging identified oolitic zones typical of the Upper Phosphate Zone, but true thickness and phosphate content remain subject to assay confirmation.

Drilling at MM26-14 has reached the top of the Meade Peak, extending the target formation's confirmed strike length to over 4.5 kilometres. The company interprets the observations as supporting a laterally continuous phosphate horizon and intends to complete several additional holes, weather permitting, to support future technical studies.

Positive

• Minor pointMM26-13 intersected 33.7 metres of the target Meade Peak Member, with zones typical of the Upper Phosphate Zone.
• Minor pointMM26-14 reached the Meade Peak, extending the target formation's confirmed strike length beyond 4.5 kilometres.
• Minor point. Forward-looking: it has not happened yet and may not happen.Additional drill holes are planned to support future technical studies.

Negative

• Minor pointAssay results remain outstanding; Upper Phosphate Zone true thickness and phosphate content await confirmation.
• Minor pointWeather conditions constrain the company's plan to complete several additional drill holes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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VANCOUVER, BC, Nov. 2, 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 MM26-13 intersected a strong 33.7 metres (110.6 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.

MM26-13 is approximately 122 metres (397 feet) further southeast on section with MM26–11. Drilling is currently underway at MM26-14 where the top of the Meade Peak has just been intersected. MM26-14 is 1,036 metres (3,400 feet) southwest of MM26-12, which brings the confirmed strike of the target Meade Peak to over 4.5 kilometres (2.8 miles).

Drill Collars and Proposed Drill Pad Locations

DDH	UTME	UTMN	Elev m	TD m	Dip	Az
MM25-1	724411.456	4568960.496	1947.741	82.60	-90	0
MM25-2	724776.054	4569269.661	1897.114	125.73	-90	0
MM25-3	724352.512	4568765.272	1988.846	71.32	-90	0
MM25-4	724108.669	4568691.205	2013.431	99.67	-90	0
MM25-5	724108.669	4568691.205	2013.431	92.96	-65	120
MM25-6	723833.008	4568432.708	2020.394	78.30	-90	0
MM26-7	724386.373	4569078.232	1963.230	152.00	-90	0
MM26-8	724052.022	4568778.258	2038.504	128.00	-90	0
MM26-9	723802.259	4568547.017	2025.827	146.93	-90	0
MM26-10	722867.805	4567500.233	2184.325	215.00	-90	0
MM26-11	722733	4567220	2209	156.67	-90	0
MM26-12	722622	4567060	2208	139.45	-90	0
MM26-13	722818	4567138	2187	68.10	-90	0
MM26-14	721836	4566386	2284		-90	0

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

Robin Dow, CEO, commented: "MM26-13 has provided another encouraging indication of the Upper Phosphate Zone, consistent with our geological expectations. With drilling now underway at MM26-14, we are extending our testing of the Meade Peak horizon beyond 4.5 kilometres of strike length. The predictable continuation of the stratigraphy encountered to date represents meaningful progress in reducing geological uncertainty and advancing the project toward future technical studies."

Drill Hole Location Plan

Coordinates are in NAD83 UTM

Garry Smith, P.Geo., Director, added: "Although assay results remain outstanding, we are encouraged by visual observations from our western-most drill holes and by the consistent performance of our geological model across approximately 4.5 kilometres (2.8 miles) of strike length. These results continue to support our interpretation of a laterally continuous phosphate horizon. Weather permitting, we intend to complete several additional drill holes to further support future technical studies."

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Nevada Organic Phosphate find in drill hole MM26-13 at Murdock Mountain?

MM26-13 intersected 33.7 metres of the target Meade Peak Member, with core logging identifying oolitic zones typical of the Upper Phosphate Zone. Assays are needed to confirm the Upper Phosphate Zone's true thickness and phosphate content.

How far has Nevada Organic Phosphate extended the confirmed Meade Peak strike at Murdock Mountain?

The target Meade Peak's confirmed strike now extends over 4.5 kilometres, following the intersection of its top in MM26-14. Drilling remains underway at that hole.