First Phosphate receives positive final phosphate assays results for Quebec project

HOUSTON (ICIS)–Mineral explorer First Phosphate announced it has received the remaining phosphate assay results which continues to demonstrate positive outcomes for its Begin-Lamarche project in Quebec.

The company said the results showed multiple high grade surface grab samples with a phosphate grade of up to 18.96% and 6.81% grade for titanium for the project site located in the region of Saguenay-Lac-St-Jean.

In addition, the current results target one at the project which contains what is described as rich and thick layers of phosphate rock which extends within the original strike zone.

Together with earlier surface sampling and magnetic surveying, the company said a strike zone containing these rich phosphate rock layers can now be selected within the sector, with First Phosphate having now identified promising targets for the upcoming drill program.

“Extended analysis of the Begin-Lamarche property continues to reveal some of the highest grade phosphate samples ever produced in the Saguenay-Lac-St-Jean region of Quebec,” said Peter Kent, First Phosphate President.

“Igneous anorthosite comprises only about 1% of total global phosphate reserves. These deposits have the potential to be highly desirable for the production of LFP battery material because they are devoid of high concentrations of deleterious elements.”