Business
Nevada Organic Phosphate Clears Final Hurdles, Poised to Begin Drilling at Flagship Murdock Property
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - Nevada Organic Phosphate Inc. (CSE: NOP) ("NOP" or the "Company), a B.C.-based company focused on the exploration of organic, sedimentary rock phosphate in Nevada, is pleased to announce a major milestone in its flagship Murdock Property.Key regulatory steps have been completed: the Reclamation Bond for the Nevagro Lease has been paid in full, and the U.S. Bureau of Land Management (BLM) has issued a signed Decision Record ...
About this update from Nevada Organic Phosphate Inc
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - Nevada Organic Phosphate Inc. (CSE: NOP) ("NOP" or the "Company), a B.C.-based company focused on the exploration of organic, sedimentary rock phosphate in Nevada, is pleased to announce a major milestone in its flagship Murdock Property.","length":327,"tagName":"p"},{"type":"text","content":"Key regulatory steps have been completed: the Reclamation Bond for the Nevagro Lease has been paid in full, and the U.S. Bureau of Land Management (BLM) has issued a signed Decision Record approving NOP's exploration drill program under the NEPA Environmental Assessment. Nevagro, a wholly owned subsidiary of NOP, now awaits the pending final signed Exploration Permit to commence ground operations.","length":404,"tagName":"p"},{"type":"text","content":"The BLM Nevada State Office confirmed receipt of the $118,315 USD Reclamation Bond, satisfying the requirements of 43 CFR 3500 for Prospecting Permit NVNV1061697277. The formal Decision Record was issued on May 28, 2025.","length":220,"tagName":"p"},{"type":"text","content":"Drilling Program to Begin","length":25,"tagName":"p"},{"type":"text","content":"With permits in place, NOP is preparing to launch an initial 12-hole core drilling program—targeting depths between 100 and 250 meters across Area A of the Nevagro Lease. Access improvements, including grading of the 6.6 km existing trail, will facilitate logistical ease and efficiency throughout the drill campaign. Drilling contracts are currently being finalized.","length":367,"tagName":"p"},{"type":"text","content":""We are thrilled to move into this critical exploration phase," said Robin Dow, CEO of Nevada Organic Phosphate. "This marks a significant step toward unlocking the vast potential of the Murdock Property. Our aim is to play a central role in supplying organic phosphate to a growing North American market hungry for sustainable agricultural inputs."","length":369,"tagName":"p"},{"type":"text","content":"Highlights:","length":11,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Offering Oversubscribed: With another funding tranche closed last Friday, to bring in a total of $320,000, the Company is now working on tranche 3, which it expects to close over the next few weeks.","length":198,"tagName":"p...