CSE: PHOS – FSE: KD0 – OTC: FRSPF

Bégin-Lamarche

Bégin-Lamarche Property

The Four Zones at Bégin-Lamarche

The Northern Zone

Fourteen drill holes completed in the Northern Zone during the 2023 drilling campaign identified four phosphate-bearing layers. The layers average 60 m true width and are at least 375 m long.  The layers appear to be open in all directions. Two holes intersected the mineralized layers to a depth of at least 200 m. Two of the four layers show grades in excess of 7.0% P2O5 (phosphate).  The four layers show an average grade of 6.2% P2O5.

Nineteen drill holes were completed in 2024. The drill program outlined at least four main phosphate up to 100 m in thickness layers within a 400 m thick mineralized envelope.

Significant phosphate intersections were found in hole BL-23-21 which returned 6.75% P2O5over 132.2 m, in hole BL-24-26 which returned 9.44% P2O5 over 89.1 m and BL-24-36 which returned 7.93% P2O5 over 60.0 m and 6.83% P2O5 over 108.0 m. Results for the Northern Zone are shown in Table 1 below.

Assay Results for the Northern Zone from the Completed 2023 and Current 2024 Drill Programs

Mountain Zone

The Mountain Zone was discovered by a prospection program in the fall of 2023. A total of 26 grab samples were taken in this area, most of which, returned grades of between 7.17% and 17.83% P2O5 (phosphate).

A total of 23 drill holes have been completed during the recent program. Multiple semi-massive apatite veins have been intersected across the 23 drill holes where the background apatite content is 30-35%. The results of the drilling show that the Mountain Zone consists of two phosphate layers up 90 m thick with numerous phosphate intersections over 10%. Hole BL-24-82 intersected 2 m of massive apatite. Hole BL-24-56 revealed a 92.5 m intersection grading 11.82% P2O5.

Massive Apatite Concentration Visible Over 2.0 m in Drill Hole BL-24-82

Assay Results on the Mountain Zone

Mountain Eng

Northwestern Zone

The Northwestern Zone was also discovered by prospecting in the fall of 2023. It is located west of the Northern Zone. Five drill holes were drilled on this zone in 2024. Results of 3 holes to date returned grades between 8% and 9% P2O5 over widths between 33 and 40 m.

Assay Results on the Northwestern Zone

Northwestern zone - english

The Southern Zone

Seven drill holes in the Southern Zone during the 2023 drill program identified two layers containing phosphate. Both layers averaged 100 metres true width. The primary layer is at least 1,500 m long. Drilling showed that the mineralized layers extend to a depth of at least 150 m. The average grade of the layers in the Southern Zone is 4.7% P2O5 (phosphate). 

57 additional drill holes were put down on the Southern Zone. Recent results from the Southern Zone confirm those from the initial 2023 drill program and include further intersects of over 100 m of phosphate mineralization.  Drill hole BL-24-43 intersected 5.41% P2O5 over 258.0 m and hole BL-24-55 intersected 4.60% P2O5 over 190.8 m. Higher grade zones may also exist in the Southern Zone as evidenced by an intersection of 9.99% P2O5 over 34.5 m in hole BL-23-16.

Completed 2023 and Current 2024 Assay Results for the Southern Zone

2024 Drill Program at Bégin-Lamarche

The Company completed a 26,000 m drill program at Bégin-Lamarche in order to be in a position to calculate a maiden NI 43-101 resource estimate that should lead to an eventual PEA. The drilling plan consists of drilling the 3 km long phosphate mineralization strike zone at every 100 meter section and at every 50 meters within the section. Assay results will be released over the coming weeks as they become available.

Research Reports

The scientific and technical disclosure included in this research study has been reviewed and approved by Gilles Laverdière, P.Geo. Mr. Laverdière is Geologist and a Qualified Person under National Instrument 43-101 Standards of Disclosure of Mineral Projects (“NI 43-101”).

The scientific and technical disclosure included in this research study has been reviewed and approved by Gilles Laverdière, P.Geo. Mr. Laverdière is Geologist and a Qualified Person under National Instrument 43-101 Standards of Disclosure of Mineral Projects (“NI 43-101”).

Stay Informed

Sign up to receive First Phosphate email newsletter

Stay Informed

Sign up to receive First Phosphate email newsletter

Stay Informed

Sign up to receive First Phosphate email newsletter