Curated News
By: NewsRamp Editorial Staff
May 14, 2024
First Phosphate Corp CEO Announces Positive Drill Results at Bégin-Lamarche Project in Quebec
TLDR
- First Phosphate Corp reported positive drill results, showing grades exceeding 10% P2O5, indicating significant phosphate mineralization in the area.
- The company completed a drill program of 25,929 meters ahead of schedule, with 4,557 assays received and 1,775 expected by May's end.
- The project's potential for phosphate mineralization makes it a valuable contribution to the world's mineral resources, potentially improving future sustainability.
- The results from 29 additional drill holes at the Bégin-Lamarche project in Quebec demonstrate the significant potential for phosphate mineralization in the area.
Impact - Why it Matters
The announcement of positive drill results at the Bégin-Lamarche project in Quebec is significant as it indicates the presence of significant phosphate mineralization, confirming the project's potential and promising future prospects for the company. The results provide valuable information for investors and stakeholders, showcasing the company's progress and the potential for future growth and development.
Summary
First Phosphate Corp CEO John Passalacqua announced positive drill results at the Bégin-Lamarche project in Quebec, with 29 additional drill holes completed ahead of schedule, showing significant phosphate mineralization in the area. Results from the 25,929-meter drill program indicated grades exceeding 10% P2O5 over various widths, confirming the project's potential.
Source Statement
This curated news summary relied on content disributed by News Direct. Read the original source here, First Phosphate Corp CEO Announces Positive Drill Results at Bégin-Lamarche Project in Quebec
