First Phosphate Corp. (TSE:PHOS) has released an update.
First Phosphate Corp. has reported high-grade intersections of igneous phosphate at its Bégin-Lamarche project in Quebec, Canada, with notable drill results including 8.90% P2O5 over 156 meters from the surface. The company completed its 25,929-meter drill program ahead of schedule and is preparing for a 43-101 resource estimate and Preliminary Economic Assessment by the end of fiscal Q4 2024. These promising findings indicate significant phosphate presence across multiple zones, with the highest concentrations seen in the Phosphate Mountain and Southern Zones.
For further insights into TSE:PHOS stock, check out TipRanks’ Stock Analysis page.
