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An update from Silver Eagle Mines Inc. ( (TSE:NOP) ) is now available.
Nevada Organic Phosphate Inc. has cleared key regulatory hurdles to commence drilling at its flagship Murdock Property in Nevada. The company has completed necessary steps, including the payment of a Reclamation Bond and receiving approval from the U.S. Bureau of Land Management for its exploration drill program. This marks a significant advancement for NOP as it prepares to launch a 12-hole core drilling program, aiming to supply organic phosphate to the growing North American market. The drilling will target promising geological areas with significant mineralization potential, and the company is also working on expanding its exploration footprint with additional lease applications.
More about Silver Eagle Mines Inc.
Nevada Organic Phosphate Inc. (NOP) is a junior exploration company based in British Columbia, focused on exploring organic, sedimentary rock phosphate in Nevada. It operates the only known organic sedimentary phosphate project in North America, located near major transport routes in northeast Nevada.
Average Trading Volume: 31,871
Technical Sentiment Signal: Buy
Learn more about NOP stock on TipRanks’ Stock Analysis page.