Company Highlights
- Nevada Organic Phosphate has a unique asset containing raw rock phosphate suitable for direct application, raw rock P205 dust in organic farming.
- Once in production, the company will produce the only large-scale, certified organic phosphate in the United States.
- Raw organic phosphate from Murdock Mountain is perfectly suited to serve the fast-growing US$59.28 billion organic food market.
- The company’s project, Murdock Mountain, will produce phosphate that does not require costly processing before it is usable.
Overview
The United Nations estimates that global food production needs to increase 70 percent by 2050 if we are to meet the growing demand. To boost crop yields, nutrient management practices and fertilizer technologies must be used since fertilizer products are responsible for more than 50 percent of crop yields.
Nevada Organic Phosphate (CSE:NOP) embodies its straightforward business strategy, “Blow it up. Dig it up. Grind it up. Bag it up. And Ship it out by rail.” The company uses a direct-ship, pit-run system that brings truly organic, direct-application phosphorus to market. The company intends to produce certified raw rock organic phosphate eligible for organic farming in the United States, specifically targeting industrial farms and the US$59.28 billion organic food market.
The organic food market in the United States is growing because of factors such as increasing health awareness among consumers and increasing environmental concerns due to the heavy use of pesticides, chemical fertilizers, and other chemicals in conventional farming. As a reagent, raw rock organic phosphate from Murdock Mountain is perfectly suited to regenerate soil to serve the fast-growing organic food market.
The company’s Murdock Mountain Phosphate Project is located in Nevada, now covering more than 7,800 acres, which consist of an initial 1,813 acres and an additional 6,011 acres of potential phosphate resource. The property is a nearly flat lying sedimentary rock phosphate exploration target. The initial 1,813-acre application target is believed to host a potential 10 to 46 million tonnes ranging in grade from 3 to 15 percent phosphorus pentoxide (P2O5) based on an average thickness of 3.5 meters and a specific gravity of 2.6. These ranges are based on previous estimates,and have not been verified by NOP according to current 43-101 standards of disclosure.
Based on this geological model and historic ranges, the additional 6,011 acres from a recently accepted permit application, potentially add as much as 218 million tonnes of P2O5 to the Murdock property.
Raw phosphate ore suitable for direct application is exceedingly rare, with only 5 percent of the world’s phosphate ore having the necessary purity. The majority of raw phosphate must be processed to remove impurities that harm plant growth, such as uranium, thorium, cadmium and heavy metals. The phosphate from Murdock Mountain can be directly applied to crops without any processing due to the uncommon type of occurrence hosted by clean oolitic limestones.
An experienced management team leads the company towards producing its unique product. CEO and director Robin Dow has over 35 years of experience financing public resources companies and has raised over $150 million. Additional directors and consultants bring varied backgrounds to the project that builds confidence in the company.
Company Highlights
- Nevada Organic Phosphate has a unique asset containing raw rock phosphate suitable for direct application, raw rock P205 dust in organic farming.
- Once in production, the company will produce the only large-scale, certified organic phosphate in the United States.
- Raw organic phosphate from Murdock Mountain is perfectly suited to serve the fast-growing US$59.28 billion organic food market.
- The company’s project, Murdock Mountain, will produce phosphate that does not require costly processing before it is usable.
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