First Phosphate Reports High-Grade Assay Results from Quebec Drill Program

First Phosphate Corp has released the latest assay results from its ongoing 25,000-meter drill program at the Begin-Lamarche project in Quebec, revealing several high-grade intersections that demonstrate the robust mineralization potential of the project. The Phosphate Mountain Zone delivered particularly impressive results, with drill hole BL-24-56 intersecting 11.82% P2O5 over 92.5 meters from a surface depth of 6.5 meters. This zone features a thick layer of phosphate-bearing nelsonite outcropping on the surface, with multiple other high-grade intersections exceeding 10% P2O5, indicating substantial near-surface mineralization.

The geological significance extends beyond individual drill holes as the Phosphate Mountain Zone is merging with the Northern Zone, creating a substantial mineralized system. The Northern Zone has delineated a 500-meter-thick phosphate mineralized envelope containing up to five individual layers ranging from 60 to 100 meters in thickness. The combined strike length of the Phosphate Mountain Zone and Northern Zone now extends approximately 600 meters, suggesting a large-scale phosphate deposit with multiple mineralized horizons that could support long-term mining operations.

Additional high-grade results from the Northern Zone include drill hole BL-24-40, which intersected 7.76% P2O5 over 88.2 meters from a depth of 186.0 meters, including a higher-grade section of 9.33% P2O5 over 61.2 meters. The company also reported positive results from the Northwestern Zone and Southern Zone, indicating the project's mineralization potential extends across multiple areas beyond the primary zones. With 23,398 meters drilled to date from the planned 25,000-meter program, assays from 9,155 meters have been completed while 4,691 samples remain pending at the laboratory.

The implications of these results are significant for the battery materials supply chain, particularly as demand for lithium iron phosphate (LFP) batteries continues to grow in the electric vehicle sector. High-purity phosphate is essential for producing LFP cathode active material, and the Begin-Lamarche project's demonstrated high-grade intersections suggest it could become a strategic North American source of battery-grade phosphate. The project's location in Quebec provides additional advantages given the province's established mining infrastructure and supportive regulatory environment for critical minerals development.

Beyond battery applications, the project's agricultural implications are equally important, as phosphate remains a crucial component of fertilizers essential for global food production. The combination of near-surface mineralization and multiple thick mineralized layers positions the Begin-Lamarche project as a potential dual-purpose resource that could serve both the rapidly expanding battery market and the perennial agricultural sector. These latest results strengthen First Phosphate's confidence in the project's potential to become a significant source of high-quality phosphate material, contributing to North American supply chain security for critical minerals.