Raw rock phosphate is an “easy story to understand” and provides a unique and significant value proposition for Nevada Organic Phosphate (CSE:NOP), according to the company’s CEO, Robin Dow.
“There's no other raw rock organic phosphate produced in North America. And we're not sure if there's any in the world … So it's unique and it's needed. And we're going to create a market for it,” said Dow.
Nevada Organic Phosphate is leveraging its Murdock Mountain phosphate deposit in Nevada to produce direct-application raw rock phosphate.
“We are the only potential raw rock phosphate deposit in North America. And it's really simple. With other phosphate, you have to put it through a beneficiation process; (it's) expensive to produce the acid, then you have to mix it with the ammonium and then you have to granulate it, capsulate it and send it out. Ours, (we) blow it up, dig it up, grind it up, bag it up and ship it out,” Dow said.
The company recently submitted three new applications to add 6,011 acres of potential phosphate resource to its existing application, which covers 1,813 acres at its Murdock property.
Watch the full interview with Nevada Organic Phosphate CEO and Director Robin Dow above.
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