First Phosphate Reports High-Grade Assay Results from Quebec Drill Program

TL;DR

First Phosphate Corp announced significant intersections in various zones at the Bégin-Lamarche project, with high-grade intersections exceeding 10% P2O5.

The ongoing 25,000 metres drill program at the Bégin-Lamarche project in Quebec has completed assays from 9,155 meters, with 4,691 samples still pending at the laboratory.

The positive results indicate the project's robust mineralization potential across multiple areas, which could contribute to the advancement of sustainable resource development.

The Phosphate Mountain Zone exhibits a thick layer of phosphate-bearing nelsonite outcropping on the surface, with several high-grade intersections exceeding 10% P2O5.

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First Phosphate Reports High-Grade Assay Results from Quebec Drill Program

First Phosphate Corp has released the latest assay results from its ongoing 25,000-meter drill program at the Begin-Lamarche project in Quebec, revealing several high-grade intersections that demonstrate the robust mineralization potential of the property. The results include particularly strong showings in the Phosphate Mountain Zone, where drill hole BL-24-56 intersected 11.82% P2O5 over 92.5 meters from a surface depth of just 6.5 meters. This zone features a thick layer of phosphate-bearing nelsonite outcropping on the surface, with multiple other high-grade intersections exceeding 10% P2O5, indicating substantial near-surface mineralization.

The Phosphate Mountain Zone is now merging with the Northern Zone, creating a significant mineralized system. The Northern Zone has delineated a 500-meter-thick phosphate mineralized envelope containing up to five individual layers ranging from 60 to 100 meters in thickness. The combined strike length of the Phosphate Mountain Zone and Northern Zone extends approximately 600 meters, suggesting a substantial mineralized system. In the Northern Zone specifically, drill hole BL-24-40 intersected 7.76% P2O5 over 88.2 meters from a depth of 186.0 meters, including a higher-grade section of 9.33% P2O5 over 61.2 meters.

Additional positive results from the Northwestern Zone and Southern Zone further indicate the project's mineralization potential extends across multiple areas of the property. With a total of 23,398 meters drilled to date, assays from 9,155 meters have been completed while 4,691 samples remain pending at the laboratory. These latest results strengthen First Phosphate's confidence in the project's potential to become a significant source of high-quality phosphate material. The company's progress can be followed through their corporate updates at https://firstphosphate.com/investors/news-releases. The growing demand for battery-grade phosphate comes as the electric vehicle industry expands globally, creating increased need for lithium iron phosphate (LFP) battery materials. The agricultural sector also continues to require high-quality phosphate for fertilizer production, making the Begin-Lamarche project strategically important for multiple industries.

Curated from News Direct

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