• First Phosphate Corp ends Drill Program plans Upcoming Resource Estimate at Bégin-Lamarche Project

  • Jul 26 2024
  • Duración: 5 m
  • Podcast

First Phosphate Corp ends Drill Program plans Upcoming Resource Estimate at Bégin-Lamarche Project Por arte de portada

First Phosphate Corp ends Drill Program plans Upcoming Resource Estimate at Bégin-Lamarche Project

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  • First Phosphate Corp CEO John Passalacqua Chief Geologist Gilles Laverdiere joined Steve Darling from Proactive to announce that all results from the drilling program at its Bégin-Lamarche project are now available. The 99-hole drill program, totaling 25,929 meters, has uncovered a significant high-quality igneous phosphate deposit. The drilling has shown continuous phosphate mineralization over a length of 2,400 meters, spread across three mineralized zones. Laverdiere explained that a NI 43-101 resource estimate is currently underway and will be immediately followed by a Preliminary Economic Assessment. A total of 23 drill holes were completed in the Mountain Zone, totaling 5,023 meters. The Mountain Zone exhibits grades of more than 10% P2O5 over widths ranging from 7 meters to 99 meters. In the Southern Zone, drilling was conducted at 100-meter spaced sections over a length of 1,700 meters, with 57 drill holes totaling 15,219 meters. Passalacqua says the company anticipates having the resource estimate completed in the coming months, marking a significant milestone in the project's development. #proactiveinvestors #firstphosphatecorp #phosphate #BéginLamarcheproject #CEOInterview #CompanyUpdate #StrategicGrowth #SustainableMining #GreenApproach #FirstPhosphateCorp, #Mining, #DrillingProject, #Phosphate, #Quebec, #ResourceEstimate, #Geology, #MiningIndustry, #MineralExploration, #SustainableMining, #IndustrialBase, #SaguenayPort, #RioTinto, #CathodeMaterials, #EconomicAssessment, #MiningTechnology, #PhosphateMining, #CanadianMining, #ResourceDevelopment, #MiningSuccess #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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