Nevada Organic Phosphate Inc. Achieves Full Ownership of Murdock Mountain Project Through Royalty Elimination

Nevada Organic Phosphate Inc., a British Columbia-based company focused on organic sedimentary phosphate exploration, has announced the signing of an agreement resulting in 100% ownership of its Murdock Mountain Project and the elimination of certain net smelter return royalty liabilities. The company purchased and cancelled a 2% net smelter return royalty and all related payment obligations from the Montecinos Family Trust in exchange for US$50,000 and the issuance of 1,000,000 common shares, subject to Canadian Securities Exchange approval.

This transaction provides Nevada Organic Phosphate with greater strategic flexibility, including the potential formation of joint ventures with arm's-length parties. The Murdock Mountain Project represents a significant asset for the company, featuring an organic sedimentary raw rock phosphate bed measuring 6.6 kilometres long in northeast Nevada. Additional applications extend the potential strike of rock phosphate to over 30 kilometres, making this the only known large-scale organic sedimentary phosphate project in North America according to company information available at https://ibn.fm/NOP.

The project's location offers logistical advantages, situated close to the main highway to Montello/Elko, Nevada, and near the rail head to California. This strategic positioning could facilitate transportation and distribution of phosphate resources should the project advance to production stages. The elimination of royalty obligations removes a significant financial liability that would have otherwise persisted throughout the project's lifecycle, potentially improving the economic viability of future development.

For investors and industry observers, this development represents a notable consolidation of control over a potentially valuable resource. Organic sedimentary phosphate deposits are relatively rare, particularly at this scale in North America, and could serve as a domestic source of phosphate for agricultural and industrial applications. The company's ability to secure full ownership without retaining royalty obligations may enhance its attractiveness to potential joint venture partners or investors seeking exposure to specialized mineral resources.

The broader implications extend to agricultural and industrial sectors that rely on phosphate as a critical input. As global demand for fertilizers continues to grow alongside population increases and agricultural intensification, domestic sources of phosphate could gain strategic importance. The Murdock Mountain Project's development could contribute to North American supply chains, potentially reducing reliance on imported phosphate materials. The company's progress can be monitored through its communications platform at https://RocksAndStocks.news, which provides specialized coverage of mining industry developments.

This ownership consolidation comes at a time when resource security and domestic supply chains are receiving increased attention across multiple industries. By eliminating the net smelter return royalty, Nevada Organic Phosphate has streamlined its ownership structure and removed a potential complication for future financing or partnership arrangements. The transaction demonstrates the company's commitment to advancing the project while optimizing its financial and operational framework for potential development phases.