21:45:33 EST Wed 18 Feb 2026
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Nevada Organic Phosphate Inc
Symbol NOP
Shares Issued 127,997,005
Close 2026-02-18 C$ 0.145
Market Cap C$ 18,559,566
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Nevada Organic continues Murdock Mountain drill prep

2026-02-18 19:12 ET - News Release

Mr. Robin Dow reports

NEVADA ORGANIC PHOSPHATE TARGETS MARCH START-UP FOR 2026 DRILL PROGRAM AT MURDOCK MOUNTAIN

Field preparations for the continuation of Nevada Organic Phosphate Inc.'s Murdock Mountain drill program are under way, with mobilization currently estimated for mid- to late March, 2026.

The 2026 program is designed to extend the successful 2025 drill campaign westward. The company plans to construct at least five additional drill pads along the remaining five-kilometre strike length, with multiple holes expected from each pad. This work will further assess the continuity, thickness and grade of the 6.6-kilometre strike length of phosphate-bearing horizons.

Robin Dow, chief executive officer, stated: "We believe Murdock Mountain represents one of the most compelling organic sedimentary phosphate opportunities in North America. Advancing the 2026 program is an important milestone as we continue to define a resource that aligns with the growing demand for clean, domestically sourced agricultural inputs."

Climate access modelling completed by the company, updated to incorporate a new storm approaching, indicates that this year's mild winter and lighter-than-normal snowfall could allow heavy equipment access as early as March 20 to 26. This early window is dependent on actual snowmelt and ground stability conditions. Historical data patterns for the project area project access by March 28 to April 10.

In co-ordination with the U.S. Bureau of Land Management (BLM) and the Nevada Department of Wildlife (NDOW) and prior to any surface disturbance associated with drill pad construction, Nevada Organic Phosphate's environmental consultants will complete all required predisturbance wildlife surveys. These include sage-grouse lek surveys, migratory-bird assessments and pinyon-jay clearance surveys, as outlined in the company's environmental assessment report.

Nevada Organic Phosphate will provide further updates as scheduling is confirmed and field conditions evolve.

The technical information in this news release has been reviewed and approved by Garry K. Smith, PGeo, a director and a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Nevada Organic Phosphate Inc.

The company is a junior exploration company with an organic sedimentary raw rock phosphate bed, 6.6 kilometres long, in northeastern 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, Nev., and near the railhead to California.

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