STOCK TITAN

Nevada Organic Phosphate Provides Update on Its 3 Additional Applications to Prospect in 2026

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Nevada Organic Phosphate (OTCQB:NOPFF) announced the BLM accepted three new Applications to Prospect covering an additional 6,011 acres, expanding its Nevagro footprint (1,813 acres) and raising conceptual exploration potential to 200+ million tonnes of phosphate-bearing material.

Initial drilling (six holes) averaged 10.95% P2O5 over a true thickness of 4.20 m; NEPA environmental assessments are being finalized and all new applications lie outside sage grouse and habitat management areas.

Loading...
Loading translation...

Positive

  • BLM accepted 3 new Applications adding 6,011 acres
  • Conceptual exploration potential increased to 200+ million tonnes
  • Initial drilling: 10.95% P2O5 average over 4.20 m true thickness
  • New applications located outside sage grouse and habitat management areas

Negative

  • ETMI ranges (10–46M tonnes for Nevagro) are conceptual and not NI 43-101 compliant
  • Exploration permits still pending NEPA environmental assessments by BLM
  • Tonnes and ETMI derived from historical data and require verification

Vancouver, British Columbia--(Newsfile Corp. - April 22, 2026) - Nevada Organic Phosphate Inc.  (CSE: NOP) (OTCQB: NOPFF) ("NOP" or the "Company"), a B.C. based leader in organic sedimentary phosphate exploration, is pleased to provide an update on the current exploration activities at Murdock Mountain. NOP has received a number of queries on the status of NOP's 3 additional Applications to Prospect.

The Bureau of Land Management (BLM) has accepted NOP's 3 new Applications for Phosphate Prospecting, filed by Nevada Phosphate Exploration, NV Inc., a wholly owned subsidiary of NOP. These 3 new applications add an additional 6,011 acres of potential phosphate resource to NOP's existing Nevagro Permit covering 1,813 acres.

CEO Robin Dow stated: "This expansion of our application footprint is the result of careful geological work and steady progress through the regulatory framework. We will continue to move forward responsibly, ensuring that each stage of exploration is supported by sound data and full compliance with NEPA and BLM processes."

NOP is currently working with its Environmental Consultants to finalize the National Environmental Policy Act (NEPA) requirements for environmental assessments. These are necessary to fulfil the BLM's requirements for granting Exploration Permits. All new Applications fall outside of any sage grouse or general habitat management areas. Based on this, and on the Company's recent experience, NOP is optimistic that the review process may progress more efficiently than the previous Nevagro application.

The Murdock Mountain Property hosts a nearly flat-lying sedimentary phosphate horizon within the Meade Peak Formation. The initial 1,813-acre Nevagro Exploration Permit area is interpreted to contain an Exploration Target Mineral Inventory (ETMI) of 10 to 46 million tonnes, grading 3-15% P₂O₅, based on an average thickness of 3.5 metres and a specific gravity of 2.6. These ranges are derived from historical mapping and academic research and have not been verified by NOP under current NI 43-101 standards.

To date, the first six drill holes completed by NOP have returned an average grade of 10.95% P₂O₅ over a true thickness of 4.20 metres (13.8 ft), consistent with the geological model for the Upper Phosphatic Zone.

Garry Smith, P.Geo and Director stated: "The current phase of work is about building the technical confidence needed to support future decisions. Our team will continue collecting the geological, structural, and analytical data required to determine whether a mineral resource estimate can be prepared in accordance with NI 43-101. We are advancing each step carefully and in full alignment with regulatory and scientific standards."

Meade Peak Upper Phosphatic Zone















DDHPadUTMEUTMNElev (m)TD (m)DipAzP2O5 %/m trueP2O5 %/ft true
MM25-1P47244044568973194982.60-90010.23/4.6110.23/15.12
MM25-2P372476745692721896125.73-90010.70/4.3110.70/14.14
MM25-3P77243444568766198771.32-90011.12/4.2311.12/13.87
MM25-4P87241004568690201899.67-90010.64/3.710.64/12.14
MM25-5P87241004568690201892.96-6512011.01/3.911.01/12.79
MM25-6P97238304568439201878.30-90011.89/4.4411.89/14.56






Average:10.95/4.2010.95/13.8

 

Based on the initial ETMI parameters (3-15% P₂O₅, 3.5 m average thickness, SG 2.6), the 3 new Applications to Prospect increase the conceptual exploration potential to more than 200 million tonnes of phosphate-bearing material. The combined Nevagro Permit and new applications can be grouped into four areas:

Cannot view this image? Visit: https://images.newsfilecorp.com/files/9821/293413_a114ea46f43ee828_001full.jpg

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9821/293413_a114ea46f43ee828_001full.jpg

4 Project Areas: Nevagro Permit, South, North, and Far North Applications

The strike length of the Meade Peak Upper Phosphate Zone is not a primary focus because of the nearly flat-lying nature of the mineralization. Tonnes per Section are more the focus of exploration.

PropertyZonesStrike (klm)ETMI (tonnes)



x
NevagroA6.610-46
SouthB,C,E8.796
NorthF,G7.371
Far NorthH,I3.835


26+200+

 

While strike length has increased from approximately 6.6 km to 26-33.4 kilometres, the Company notes that, due to the flat-lying geometry of the mineralization, tonnes per section remain the more relevant metric for exploration planning.

Cautionary Statement: "The potential quantity and grade of the Exploration Target Mineral Inventory (ETMI) disclosed herein are conceptual in nature. There has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the delineation of a mineral resource. The ETMI is not being reported as part of any mineral resource or mineral reserve estimate. The ranges presented are based on geological mapping, outcrop and trench sampling, and no economic analysis has been completed. Investors are cautioned that Exploration Targets must not be used as a proxy for mineral resources or reserves."

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

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

NOP is a junior exploration company with an organic 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 sedimentary phosphate project in North America. It is situated close to the main highway to Montello/Elko, Nevada, and near the rail head to California or the East Coast.

For More Information

Robin Dow, CEO
T: 604.355.9986
E: robin@dowgroup.ca

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293413

FAQ

What do the three new BLM Applications to Prospect mean for NOPFF shareholders?

They expand NOPFF's prospective land by 6,011 acres, increasing conceptual potential to over 200 million tonnes. According to the company, this enlarges exploration scope while NEPA assessments and permitting proceed under BLM review.

How significant are the initial drill results reported by NOPFF at Murdock Mountain?

Initial six holes averaged 10.95% P2O5 over a true thickness of 4.20 m, consistent with the geological model. According to the company, these results support further data collection toward an NI 43-101‑compliant resource evaluation.

Does NOPFF already have a mineral resource estimate for the Nevagro permit?

No; the ETMI of 10–46 million tonnes for Nevagro is conceptual and not NI 43-101 compliant. According to the company, additional drilling and analyses are required before preparing an NI 43-101 resource.

Are the new NOPFF applications likely to face environmental restrictions or habitat conflicts?

The company states all new applications lie outside sage grouse and general habitat management areas, potentially easing review timelines. According to the company, NEPA assessments are ongoing to meet BLM permitting requirements.

How does the expanded strike length affect NOPFF's exploration planning?

Strike length increased to roughly 26–33.4 km, but NOPFF focuses on tonnes per section due to flat‑lying mineralization. According to the company, flat geometry makes section tonnes more relevant than strike length for planning.