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Canadian Phosphate Limited Advances Exploration and Secures Key Permits

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Canadian Phosphate Limited Advances Exploration and Secures Key Permits

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An announcement from Fertoz ( (AU:CP8) ) is now available.

Canadian Phosphate Limited has secured a 10,000-tonne bulk sample permit for its Barnes rock phosphate deposit, part of the Fernie Project in British Columbia, Canada, with bulk sampling expected to commence in Q3 2025. The company is advancing additional permits and an exploration program at its Wapiti Phosphate Project to enhance geological understanding and support a Mineral Resource Estimate. Sales for the June 2025 quarter reached $820,000, driven by powder sales to US and Canadian customers, with expectations of increased sales following a key customer’s plant upgrade. The company’s strategic moves aim to secure domestic phosphate supply, crucial for Canada’s food security and energy grid decarbonization.

More about Fertoz

Canadian Phosphate Limited (ASX: CP8) operates in the phosphate industry, focusing on the exploration and development of phosphate deposits. The company is primarily involved in the production and sale of rock phosphate, with a market focus on agricultural and industrial applications, particularly in Canada and the USA.

YTD Price Performance: 216.00%

Average Trading Volume: 150,373

Technical Sentiment Signal: Hold

Current Market Cap: A$24.23M

For detailed information about CP8 stock, go to TipRanks’ Stock Analysis page.

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