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Nevada Organic Phosphate Inc. (CSE: NOP) ("NOP" or the "Company), a B.C. based exploration company focussed on Nevada's organic, sedimentary raw rock phosphate, is pleased to report that it has been advised by the U.S. Bureau of Land Management (BLM) that the final Murdock Mountain Environmental Assessment (EA) report was published for public comment on July 5, 2024. Posted along with the final EA, is the BLM's draft 'Finding of No Significant Impact' (FONSI).
The public consultation period will continue until August 4, 2024, at which time public comments will be addressed and any final changes to the Exploration Plan can be made. The BLM can then elect to issue to NOP its Exploration Permit which will allow NOP to plan its drill programme.
"NOP and its predecessors have had the Murdock Mountain property since 2011. It is gratifying that NOP has finally reached this important milestone which is both a testament to our perseverence and I firmly believe, a catalyst to better things to come," stated Robin Dow, Chief Executive Officer, Nevada Organic Phosphate. "Undoubtably, this is a significant step in our progression toward mining this opportunity and identifying value for our shareholders."
NOP is a junior exploration company with a sedimentary rock phosphate property (the "Murdock Property") hosting a nearly flat lying sedimentary bed of known phosphate mineralization in NE Nevada.
The increasing interest in organic and sustainable agriculture practices has contributed to the demand for organic fertilizers, including those derived from rock phosphate. Organic rock phosphate is often marketed as a fertilizer that not only provides phosphorus but also contributes to overall soil health.
The Issuer aims to be one of the only certified organic rock phosphate producers with large scale potential in North America. The Murdock Property is situated adjacent to a main highway and the rail head to California.
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.
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