First Phosphate confirms high grade intersect of 11.85% igneous phosphate
Published by Emily Thomas,
Deputy Editor
World Fertilizer,
First Phosphate Corp. has reported results from another 29 drill holes at its Bégin-Lamarche project located in Saguenay-Lac-St-Jean, Quebec, Canada. The company's 25 929 m drill programme was completed ahead of schedule on 29 April 2024. To date, 4557 assays have been received representing 16 468 m of drilling. A remaining 1775 assays are expected to be delivered by the end of May.
Highlights:
Phosphate Mountain Zone:
• Drill hole BL-24-67 intersected 11.85% P2O5 (phosphate) over 84.0 m starting at a surface depth of 3.0 m. Drilling in the Phosphate Mountain Zone revealed a thick 90 m layer of phosphate bearing nelsonite rock outcropping at surface with numerous other high grade intersects grading at over 10% P2O5.
• Drill hole BL-24-82 returned a sub-intersection of 20.51% P2O5 over 9.75 m within a 77.7 phosphate intersect grading at 11.07% P2O5. This sub-section also contains a 2.1 m massive apatite vein that returned 30.73% P2O5.
Southern Zone:
• Drill hole BL-24-60 intersected 5.21% P2O5 over 194.0 m from a surface depth of 4.0 m and drill hole BL-24-83 intersected 5.81% P2O5 over 216.1 m starting at surface.
• Drilling revealed many phosphate layers over 10% P2O5 at the base of the main phosphate layer.
• Drill hole BL-24-84 intersected 8.41% P2O5 over 77.1 m starting at 6.0 m. Results demonstrate that high grade phosphate layers also occur in the Southern Zone.
"We are pleased with the continued high-grade phosphate results encountered across the 3 km strike zone at our Bégin-Lamarche project," said First Phosphate CEO, John Passalacqua. "The drill programme is now completed and we begin preparations for a 43-101 resource estimate followed immediately by a Preliminary Economic Assessment ("PEA")."
Read the article online at: https://www.worldfertilizer.com/phosphates/15052024/first-phosphate-confirms-high-grade-intersect-of-1185-igneous-phosphate/
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