The listing was launched June 10, 2024 from the workplace of Vitality and Pure Assets Minister Jonathan Wilkinson.
“Whereas our phosphate operations are totally primarily based in Nevada, we’re most happy to see phosphate acknowledged in our house nation of Canada,” said Nevada Natural Phosphate CEO, Robin Dow. “The classification showcases simply how important phosphate is to so many agricultural purposes and affirms our perception that our efforts in Nevada come at at time when the necessity for phosphate of the very best order is close to.”
“Inclusion on this extremely restricted listing is congruent with our perception in each phosphate’s necessity and a vivid future for the commodity,” provides Dow.
In line with “Mining Weekly” in their reporting following the announcement, “With its addition, Canada joins two of its provinces, Quebec and Ontario, in addition to the European Union in recognising the importance of phosphate and including it to their respective lists.”
Equally, the USA Senate launched a bi-partisan invoice March 19, 2024 that might add key fertilizers phosphate and potash to the listing of important minerals by the US Division of Inside.
“We’re hopeful that this essential invoice will move,” added Dow. “It is an essential designation and we consider, an absolute catalyst for phosphate operators and the phosphate market. Each of those governmental initiatives definitely shine a vivid highlight on the worth of phosphate.”
NOP is a junior exploration firm with a sedimentary rock phosphate property (the “Murdock Property”) internet hosting an almost flat mendacity sedimentary mattress of identified phosphate mineralization in NE Nevada.
The growing curiosity in natural and sustainable agriculture practices has contributed to the demand for natural fertilizers, together with these derived from rock phosphate. Natural rock phosphate is usually marketed as a fertilizer that not solely offers phosphorus but additionally contributes to general soil well being.
The Issuer goals to be one of many solely licensed natural rock phosphate producers with giant scale potential in North America. The Murdock Property is located adjoining to a foremost freeway and the rail head to California.
For Extra Data
Robin Dow, CEO
T: 604.355.9986
E: robin@dowgroup.ca
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