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The latest announcement is out from Silver Eagle Mines Inc. ( (TSE:NOP) ).
Nevada Organic Phosphate Inc. has reported promising preliminary results from its third drill hole at the Murdock Mountain Property in Nevada, indicating phosphate mineralization as predicted by their geological model. This development extends the confirmed strike length of the phosphate trend to over 685 meters, with ongoing drilling efforts aimed at further exploration until winter conditions necessitate a pause.
More about Silver Eagle Mines Inc.
Nevada Organic Phosphate Inc. (NOP) is a junior exploration company specializing in organic sedimentary phosphate exploration. The company owns a significant phosphate bed in northeast Nevada, believed to be the only large-scale organic sedimentary phosphate project in North America. The project is strategically located near major transportation routes, enhancing its market accessibility.
Average Trading Volume: 275,868
Technical Sentiment Signal: Buy
Current Market Cap: C$4.58M
For an in-depth examination of NOP stock, go to TipRanks’ Overview page.