First Phosphate Discovers High-Grade Phosphate Layer
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First Phosphate Discovers High-Grade Phosphate Layer

First Phosphate Corp. (TSE:PHOS) has released an update.

First Phosphate Corp. has reported significant findings from its ongoing drill program at the Begin-Lamarche project in Quebec, revealing a substantial surface layer of high-grade igneous phosphate, ideal for potential open-pit mining. High-grade intersections include 11.82% phosphate over 92.5 meters, with additional promising results from other zones indicating extensive phosphate mineralization. The company anticipates completing the drill program by May 2024, followed by a resource estimate.

For further insights into TSE:PHOS stock, check out TipRanks’ Stock Analysis page.

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