“At least 85% of the world’s phosphate reserve base resides in North Africa and the Middle East.
This phosphatic region is composed entirely of sedimentary phosphorite and is therefore not ideally suited for the LFP battery market. The First Phosphate deposit is a strategically located North American igneous occurrence that is not directly in competition with fertilizer companies for P2O5. Only ~5% of the global phosphate reserve base is hosted in igneous rocks, which are more desirable for the LFP market because they can contain fewer deleterious trace elements.”
Dr. Peir K. Pufahl, P.Geo.
Professor, Queen’s University
Co-Director, Queen’s Facility for Isotope Research
The scientific and technical disclosure included in this research study has been reviewed and approved by D. Grant Feasby, P.Eng. of P&E Mining Consultants Inc. Mr. Feasby is a metallurgist and a Qualified Person under National Instrument 43-101 Standards of Disclosure of Mineral Projects (“NI 43-101”).