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Silver Eagle Mines Inc. ( (TSE:NOP) ) has provided an announcement.
Nevada Organic Phosphate Inc. has successfully completed its sixth drill hole at the Murdock Mountain Property, confirming the continuity of the Meade Peak phosphate zone and extending its strike length to over 1.4 kilometers. With the completion of this year’s drilling program, operations will resume in early 2026. The company also announced the issuance of stock options and compensation shares to key personnel as a reward for the successful completion of phase 1 of exploration.
More about Silver Eagle Mines Inc.
Nevada Organic Phosphate Inc. is a junior exploration company specializing in organic sedimentary phosphate exploration, with a significant phosphate bed located in northeast Nevada. The company focuses on developing what is believed to be the only large-scale organic sedimentary phosphate project in North America, strategically positioned near major transportation routes.
Average Trading Volume: 360,751
Technical Sentiment Signal: Buy
Current Market Cap: C$5.63M
Find detailed analytics on NOP stock on TipRanks’ Stock Analysis page.