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First Phosphate Accelerates 30,000 Metre Drilling Program to Provide Final Geological Model for its Begin-Lamarche Igneous Phosphate Property
Newsfile· 2025-10-21 11:10
Core Viewpoint - First Phosphate Corp. is initiating a 30,000-metre accelerated drilling program at its Bégin-Lamarche property to finalize the geological model and enhance the understanding of the phosphate deposit [1][2]. Drilling Program Details - The drilling program aims to confirm the final geological model and build on the initial resource estimate effective September 9, 2024 [2]. - The program will cover a 2.5 km long phosphate mineralization zone at 50 m x 50 m intervals, starting with two drill rigs and increasing to four by mid-November, with completion expected by April 2026 [3]. - The drilling operations are fully funded by recent financings, and all necessary authorizations are in place [3]. Location and Infrastructure - The Bégin-Lamarche property is strategically located near existing infrastructure, approximately 70 km from the deep-sea Port of Saguenay, facilitating future phosphate processing operations [3][7]. - The property is positioned to support the vertical integration of lithium iron phosphate (LFP) cathode active material production, contributing to the North American LFP battery supply chain [3][13]. Recent Developments - First Phosphate has produced commercial-grade LFP 18650 battery cells using North American critical minerals, showcasing the potential of the Bégin-Lamarche property [9][10]. - The high-purity phosphoric acid and iron powder for these battery cells were derived from the igneous anorthosite rock from the Bégin-Lamarche property [10].