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Silver Eagle Mines Inc. ( (TSE:NOP) ) has issued an update.
Nevada Organic Phosphate Inc. reported that heavy metal assays from the Upper Phosphatic Zone at its Murdock Mountain project are well below the maximum limits typically required for organic fertilizer certification in the United States, including those based on the AAPFCO SUIP #25 heavy metal guidelines. The assay results, combined with consistent phosphate grades and thicknesses, support the company’s proof of concept that Murdock Mountain can deliver a predictable, certifiable source of rock phosphate, potentially positioning NOP as a differentiated supplier to the organic fertilizer market and underpinning significant resource potential as it advances further drilling and exploration on additional permit areas.
More about Silver Eagle Mines Inc.
Nevada Organic Phosphate Inc. is a British Columbia–based exploration company focused on organic sedimentary phosphate deposits, principally at its Murdock Mountain project in Nevada. The company aims to supply naturally mined, non-chemically processed phosphate suitable for use in organic fertilizers, targeting the growing market for certified-organic agricultural inputs in the United States and beyond.
Average Trading Volume: 352,230
Technical Sentiment Signal: Buy
Current Market Cap: C$13.9M
For an in-depth examination of NOP stock, go to TipRanks’ Overview page.