14:56:32 EDT Mon 19 Oct 2026
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Nevada Organic Phosphate Inc
Symbol NOP
Shares Issued 178,923,541
Close 2026-10-16 C$ 0.10
Market Cap C$ 17,892,354
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Nevada Organic drill hole intersects Meade Peak target

2026-10-19 13:55 ET - News Release

Mr. Robin Dow reports

NEVADA ORGANIC PHOSPHATE ANNOUNCES MEADE PEAK TARGET INTERSECTED IN HOLE MM26-11 AT MURDOCK MOUNTAIN

Nevada Organic Phosphate Inc.'s hole MM26-11 intersected a strong 28.7 metres (94.2 feet) of the target Meade Peak member. Oolitic zones typical of the Upper phosphate zone were noted during core logging. True thickness and the phosphate content of the Upper phosphate zone will be confirmed by assay.

MM26-11 is approximately 315 metres (1,037 feet) further along trend to the southwest from MM26-10, which adds to the 1.5-kilometre (4,921 feet) stepout along strike from MM26-9. As reported previously, MM26-10 intersected 27 metres (88.6 feet) of Meade Peak, including an excellent intersection of 10.89 per cent P2O5 (phosphorus pentoxide) over 3.60 metres.

Robin Dow, chief executive officer, commented: "MM26-11 intersecting the Meade Peak, with visual indications of the Upper phosphate zone, extends our confirmed strike length of phosphate mineralization to over 3.3 kilometres, marking continued and meaningful progress derisking our geological model."

Garry Smith, PGeo, director, added: "We have been asked why our 2026 drilling has not reported assay results in as timely a manner as our 2025 program did. There are several reasons, but the main one is that we are drilling through greater intervals of the Murdock Mountain formation (MM) before we get to the target Meade Peak member (MP). The MM is a heterogeneous, silica-cemented, dolomitic mudstone containing numerous thin chert horizons and nodules. The driller often experiences blocked core barrel, reduced recovery, short runs, and excessive reaming and trip time. A driller with experience in this terrain can adapt to these changing conditions and still complete the hole; it just takes longer sometimes."

Qualified person

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

About Nevada Organic Phosphate Inc.

Nevada Organic Phosphate is a junior exploration company with an organic certifiable 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 certifiable sedimentary phosphate project in North America. It is situated close to the main highway to Montello/Elko, Nev., and the rail head to California or the East Coast.

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