First Phosphate Corp. (CSE:PHOS) has unveiled more drill results from its Bégin-Lamarche project in Saguenay-Lac-St-Jean, Quebec.
The company reported findings from an additional 29 drill holes, marking the successful completion of its 25,929-meter drill program ahead of schedule.
Highlights from the recent drill campaign include significant phosphate intercepts in both the Phosphate Mountain Zone and the Southern Zone. In the Phosphate Mountain Zone, one drill hole intersected 11.85% P2O5 (phosphate) over 84 meters from a surface depth of 3 meters, while another returned a sub-intersection of 20.51% P2O5 over 9.75 meters within a broader phosphate intersection grading at 11.07% P2O5.
The Southern Zone also yielded promising results, with an intersection of 5.21% P2O5 over 194 meters from surface and another intersection of 5.81% P2O5 over 216.1 meters.
Another drill hole revealed an intercept of 8.41% P2O5 over 77.1 meters.
To date, First Phosphate has received assays from 4,557 samples, representing 16,468 meters of drilling, with an additional 1,775 assays expected by the end of May.
John Passalacqua, CEO of First Phosphate, expressed satisfaction with the results, stating: "We are pleased with the continued high-grade phosphate results encountered across the 3 km strike zone at our Bégin-Lamarche project."
Passalacqua further outlined the company's plans to proceed with a 43-101 resource estimate and a Preliminary Economic Assessment (PEA) following the completion of the drill program.