First Phosphate initiates drilling programme at Bégin-Lamarche phosphate property

2023-02-22

First Phosphate Corp. has announced the commencement of the company's exploration drilling programme at its Bégin-Lamarche phosphate property in the Saguenay-Lac-St-Jean Region of Québec, Canada.

Highlights:

  • 4000 m diamond drilling programme within high grade phosphate layers. Testing assays of high-grade surface phosphate coinciding with a well-defined magnetic structure.

  • The drilling programme will consist of a total of 4000 m of drill holes to test the continuity of high-grade phosphate-bearing nelsonites that were found on surface as described in the company's press release dated 24 January 2023.

"After obtaining results from field samples, geological reconnaissance, and a high-resolution magnetic survey completed during the second half of 2022, we are excited to initiate drilling at our Bégin-Lamarche property," said First Phosphate President, Peter Kent. "High grade phosphate assays in nelsonites coupled with a well-defined magnetic structure offer the potential for discovery of a large-scale phosphate mineralisation area."

Phosphate-bearing rock layers in anorthosite are easily identified through magnetic surveying as the phosphate is associated with magnetite. The heli-borne magnetic survey completed in 2022 revealed a strong and continuous high magnetic structure that coincides with multiple grab samples that assayed over 10% P2O5. The characteristic high-magnetic signature of the type of deposit identified at the Bégin-Lamarche will be drill tested.