First Phosphate Corp has released the latest set of assay results from its ongoing 25,000-meter drill program at the Begin-Lamarche project in Quebec. The results include several high-grade intersections that further demonstrate the robust mineralization potential of the project. These findings are significant as they indicate the project's capacity to supply high-quality phosphate material essential for both battery production and agricultural applications, addressing growing global demand for these critical resources.
The highlights of the latest drill results show exceptional performance in the Phosphate Mountain Zone, where drill hole BL-24-56 intersected 11.82% P2O5 over 92.5 meters from a surface depth of 6.5 meters. This zone exhibits a thick layer of phosphate-bearing nelsonite outcropping on the surface, with several other high-grade intersections exceeding 10% P2O5. The Phosphate Mountain Zone is merging with the Northern Zone, which 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 the Northern Zone is approximately 600 meters, indicating substantial mineralized volume.
In the Northern Zone, drill hole BL-24-40 intersected 7.76% P2O5 over 88.2 meters from a depth of 186.0 meters, including 9.33% P2O5 over 61.2 meters. Positive results were also observed in the Northwestern Zone and Southern Zone, demonstrating the project's robust mineralization potential across multiple areas. With a total of 23,398 meters drilled to date, assays from 9,155 meters have been completed, while 4,691 samples are still pending at the laboratory. These results strengthen confidence in the project's potential to become a significant source of high-quality phosphate material for the growing battery and agriculture industries, particularly as demand for lithium iron phosphate batteries continues to expand globally.
The implications of these findings extend beyond the immediate project development, as secure domestic sources of battery-grade phosphate become increasingly critical for electric vehicle manufacturing and energy storage systems. The high-grade nature of the intersections suggests potential for efficient mining operations and competitive production costs. As global focus shifts toward sustainable energy solutions and food security, projects like Begin-Lamarche represent strategic assets in the supply chain for essential materials. The ongoing drill program continues to define the resource potential, with pending assays expected to provide further clarity on the project's overall scale and economic viability.
