First Phosphate Corp. releases its report on Bégin-Lamarche resources

First Phosphate Corp. has published the NI 43-101 report for its Bégin-Lamarche project, located in Saguenay-Lac-Saint-Jean, Québec. This document, produced by P&E Mining Consultants Inc., evaluates the mineral resources of the site. The inferred resource is 214 Mt at 6.01% P2O5, while the indicated resource is 41 Mt at 6.49% P2O5, with a portion of these resources having higher concentrations.

The deposit, still open at depth, benefits from low levels of deleterious elements. Tests show an apatite concentrate of 40% P2O5 with a recovery of 91%. This site also offers potential for critical minerals such as magnetite and ilmenite.

With these results, First Phosphate strengthens its commitment to the lithium-iron-phosphate battery sector.