Nevada Organic Phosphate Confirms 4.5 Kilometres of Upper Phosphate Zone Continuity at Murdock Mountain; MM26-14 and MM26-15 Intersect 39 and 38 Metres of Meade Peak

Drilling confirms thick phosphate intersections, but assay results are still pending.

What the company is saying

Nevada Organic Phosphate Inc. (CSE:NOP, OTCQB:NOPFF, FSE:ZV8) is highlighting the successful intersection of the Meade Peak Member in drill holes MM26-14 and MM26-15, with apparent mineralized intervals of 39 metres (128 feet) and 38 metres (124.67 feet) respectively. The company emphasizes visual identification of oolitic phosphate zones, which are typical of the Upper Phosphate Zone, and frames these results as evidence of geological consistency and scale across a trend now confirmed to over 4.5 kilometres. CEO Robin Dow and Director Garry Smith, P.Geo., both stress the continuity of the phosphate-bearing horizon and the presence of oolitic textures, but acknowledge that laboratory assays are still required to determine phosphate grades and chemical characteristics. The narrative is confident, positioning the project as the only known large-scale organic certifiable sedimentary phosphate project in North America, with a current strike length of 6.6 kilometres and applications extending potential strike to over 30 kilometres. The update is technical in tone, focusing on drilling progress and geological observations, and provides a comprehensive table of drill collar locations and depths. The company is currently moving the drill to MM26-16 to address data gaps.

What the data suggests

The disclosed figures show that holes MM26-14 and MM26-15 intersected 39 metres (128 feet) and 38 metres (124.67 feet) of the target Meade Peak Member, with oolitic zones logged in both. Drill collar locations and total depths are provided for 16 holes, with total depths ranging from 68.10 metres to 215.00 metres. MM26-14 is the farthest west hole drilled, confirming the mineralized trend extends at least 4.5 kilometres. The project has a defined phosphate bed 6.6 kilometres long, with applications that could extend the strike to over 30 kilometres. No assay results or phosphate grades are yet available, so the economic significance of the intersections remains unconfirmed. The presence of oolitic textures is consistent with prior drilling, but without laboratory data, the grade and quality of mineralization are unknown. The technical disclosure is detailed for geological data but does not yet provide resource estimates or economic analysis. The company's claim of being the only large-scale organic certifiable sedimentary phosphate project in North America is not substantiated with comparative data.

Analysis

The announcement provides specific and credible geological data, including drill hole intersections and collar locations, which are appropriate for an exploration-stage update. However, the tone is somewhat inflated by broad claims about the project's scale and uniqueness (e.g., 'only known large-scale organic certifiable sedimentary phosphate project in North America') that are not substantiated with comparative or external data. Key technical results, such as phosphate grade and chemical characteristics, remain pending and are acknowledged as such. The majority of claims are realised (drilling completed, intersections observed), but the most material value drivers (assay results) are still forward-looking. There is no evidence of a large capital outlay or immediate financial impact, and no financial or economic data is disclosed, which is normal for this stage. The gap between narrative and evidence is moderate, with some promotional language but no egregious overstatement.

Risk flags

• ●The absence of assay results means there is no confirmation of phosphate grade or economic viability, leaving the project's value highly uncertain at this stage. Visual identification of oolitic phosphate is encouraging but not a substitute for laboratory analysis.
• ●The company's claim of being the only known large-scale organic certifiable sedimentary phosphate project in North America is not supported by external validation or benchmarking, which could overstate the project's uniqueness and market position.
• ●Operational risk remains as the drilling program continues, with the need to fill data gaps (e.g., MM26-16) and the possibility that future results may not match current visual indications. The project's scale and continuity are asserted, but only a portion of the strike length has been drilled and confirmed.

Bottom line

This update from Nevada Organic Phosphate Inc. provides detailed geological data and confirms thick intersections of the Meade Peak Member in two new drill holes, extending the known mineralized trend to over 4.5 kilometres. The technical disclosure is strong on drilling progress and geological context, but the absence of assay results means investors still lack critical information on phosphate grades and economic potential. The company's narrative is confident and promotional, positioning the project as unique in North America, but this claim is not independently verified in the release. The immediate catalyst will be the receipt of laboratory assay results, which are necessary to determine whether these intersections translate into a viable resource. Until those results are available, the investment case remains speculative and dependent on future data. The most important takeaway is that while geological continuity is being established, the project's value hinges entirely on pending assay outcomes.

Announcement summary

(CSE:NOP) (OTCQB:NOPFF) (FSE:ZV8) Nevada Organic Phosphate Inc. reported that drill holes MM26-14 and MM26-15 intersected 39 metres (128 feet) and 38 metres (124.67 feet) of the target Meade Peak Member, respectively. Oolitic zones typical of the Upper Phosphate Zone were observed during core logging in both holes. The true thickness and phosphate content of the Upper Phosphatic Zone will be confirmed by assay. MM26-14 is the farthest west hole drilled to date and confirms the continuation of the trend to over 4.5 kilometres. MM26-15 was drilled approximately mid-way between MM26-14 and MM26-12. The drill is currently moving to MM26-16 to fill in a gap in data coverage. Drill collar locations and total depths for holes MM25-1 through MM26-16 are provided, with total depths including 82.60 m for MM25-1, 125.73 m for MM25-2, 71.32 m for MM25-3, 99.67 m for MM25-4, 92.96 m for MM25-5, 78.30 m for MM25-6, 152.00 m for MM26-7, 128.00 m for MM26-8, 146.93 m for MM26-9, 215.00 m for MM26-10, 156.67 m for MM26-11, 139.45 m for MM26-12, 68.10 m for MM26-13, 128.78 m for MM26-14, and 70.40 m for MM26-15. Robin Dow, CEO, stated that the successful intersection of the targeted Meade Peak Member in both holes demonstrates the consistency and scale of the phosphate-bearing horizon across the project area, with apparent mineralized intervals of 39 and 38 metres and encouraging visual indications of oolitic phosphate. Garry Smith, P.Geo., Director, noted that geological logging identified visual oolitic textures throughout portions of the phosphate-bearing interval in each hole, consistent with earlier drilling, and that laboratory analyses are necessary to determine phosphate grade and chemical characteristics. The technical information in the release was reviewed and approved by Garry K Smith, P.Geo., Director and Qualified Person. Nevada Organic Phosphate Inc. holds an organic certifiable sedimentary raw rock phosphate bed, 6.6 kilometres long, in northeast Nevada, with additional applications extending the potential strike to over 30 kilometres. The project is described as the only known large-scale organic certifiable sedimentary phosphate project in North America. The project is located near the main highway to Montello/Elko, Nevada, and the rail head to California or the East Coast.

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