First Phosphate

First Phosphate (CSE: PHOS) has published a preliminary economic assessment for its Begin-Lamarche property, found in the Saguenay-Lac-Saint-Jean region of Quebec. The PEA outlines an after-tax net present value of $1.59 billion for the project and an IRR of 33.%, using an 8% discount rate.

First Phosphate (CSE: PHOS) has released an initial mineral resource estimate for its Begin-Lamarche project, found north of the City of Saguenay. The estimate established a substantial resource estimate for the project, which the company has indicated it intends to use towards the completion of a preliminary economic assessment later this year.

First Phosphate (CSE: PHOS) continues to build out its supply chain, announcing this morning that it has entered into a partially binding letter of intent that would provide a use case for the phosphogypsum produced from its proposed purified phosphoric acid plant.

First Phosphate (CSE: PHOS) has released further assay results from its ongoing drill program at the Begin-Lamarche project. The program, at 25,000 metres in size, is said to have seen 16,435 metres drilled so far.

The first drill results are in from a massive 25,000 metre drill campaign being conducted by First Phosphate (CSE: PHOS) at its Begin-Lamarche property in Quebec.

First Phosphate (CSE: PHOS) continues to see success in its pilot project initiative, reporting this morning that it has successfully created purified phosphoric acid, or PPA, from phosphate concentrate generated from one of its projects.

A major drill campaign is now underway at First Phosphate’s (CSE: PHOS) Begin-Lamarche project in the Saguenay-Lac-St-Jean region of Quebec.

First Phosphate (CSE: PHOS) is reporting two high grade discoveries at its projects in the Saguenay-Lac-St-Jean regions of Quebec.