InvestorNews is pleased to announce an upcoming InvestorTalk scheduled for tomorrow, Wednesday, July 24th, at 9 AM EST, featuring John Passalacqua, CEO and Director of First Phosphate Corp. (CSE: PHOS). To participate in this engaging discussion, please click here
Currently, First Phosphate holds 74,867,570 shares outstanding and has a market capitalization of CAD$11,978,812.
In preparation for tomorrow’s InvestorTalk, here are the three most recent news releases from First Phosphate for your review, which are listed below:
- July 10, 2024 — First Phosphate Confirms Longest High Grade Intersect to Date of 8.9% Igneous Phosphate Across 156 Metres from Surface at Its Begin-lamarche Project in Saguenay-Lac-St-Jean, Quebec, Canada — click here
- June 11, 2024 — First Phosphate Announces Filing of Final Short Form Base Shelf Prospectus — click here
- June 10, 2024 — First Phosphate Corp. Welcomes the Addition of Phosphorous to the Critical Minerals List of Canada — click here
5-Data Points from the most recent news release on July 10, 2024 titled, First Phosphate Confirms Longest High Grade Intersect to Date of 8.9% Igneous Phosphate Across 156 Metres from Surface at Its Begin-lamarche Project in Saguenay-Lac-St-Jean, Quebec, Canada:
- Drill Hole BL-24-95 Achievement: Drill hole BL-24-95 at the Phosphate Mountain Zone intersected 8.90% P2O5 over 156.0 meters starting at a surface depth of 6.0 meters, marking the longest high-grade intersect to date.
- Completion of Drill Program: First Phosphate Corp. completed its 25,929-meter drill program ahead of schedule on April 29, 2024, with all samples sent to Actlabs for analysis. A 43-101 resource estimate and a Preliminary Economic Assessment (PEA) are expected by the end of fiscal Q4 2024.
- Phosphate Mountain Zone Results: Significant intersections include drill hole BL-24-92 with 8.13% P2O5 over 177.0 meters from 15.0 meters depth, and drill hole BL-24-94 with 11.38% P2O5 over 99.0 meters from 51.0 meters depth, including 14.56% P2O5 over 42.7 meters from 89.0 meters depth.
- Southern Zone Intersections: Drill hole BL-24-88 intersected 7.18% P2O5 over 144.0 meters from a depth of 261.0 meters, and drill hole BL-24-89 intersected 5.99% P2O5 over 112.0 meters from 233.0 meters depth, showing increasing phosphate grades with depth.
- Phosphate Grades and Widths: Data from the Phosphate Mountain Zone show grades of over 10% P2O5 over widths ranging from 7 m to 99 m. The zone has been drilled for a total length of 250 m and is merging with the Northern Zone, which has a 500 m thick phosphate mineralized envelope.
(07.23.2024 at 9:00 AM EST, Source)
Critical Minerals Institute (CMI) Alert: Armand Mackenzie, Vice President, Government Relations, First Phosphate Corp. (CSE: PHOS) will be attending the Critical Minerals Summit III on August 21-22, 2024, in Toronto. For more information, click here or go to CriticalMineralSummit.com.
For more information on First Phosphate Corp., click here.
For more information on the InvestorTalk pre-market series, go to InvestorTalk.com.
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