First Phosphate Reports University Research Reports Relating to the Geological Characterization of its Three Bégin-Lamarche Phosphate Zones
First Phosphate Corp (CSE: PHOS) (OTCQB: FRSPF) has announced two research reports from Queen's University and Université de Québec à Chicoutimi focusing on the geological characterization of its Bégin-Lamarche phosphate deposit. The studies examine the Mountain, North and South Zones of the deposit, which is part of the Lac-Saint-Jean Anorthositic Suite, the world's largest anorthosite complex.
The research aims to describe and interpret the mineralogy, petrology, and geochemistry of these zones, with implications for supplying Lithium Ferro Phosphate (LFP) batteries. The company believes that Quebec igneous anorthosite phosphate rock could be a significant source of high purity phosphate for North America's LFP battery needs.
Additionally, First Phosphate has engaged Emerging Markets Consulting, for investor relations services in a 12-month contract worth USD $150,000, starting January 8, 2025.
First Phosphate Corp (CSE: PHOS) (OTCQB: FRSPF) ha annunciato due rapporti di ricerca provenienti dalla Queen's University e dall'Université de Québec à Chicoutimi, focalizzati sulla caratterizzazione geologica del suo giacimento di fosfati Bégin-Lamarche. Gli studi esaminano le Zone di Montagna, Nord e Sud del giacimento, che fa parte del Lac-Saint-Jean Anorthositic Suite, il più grande complesso di anortosite al mondo.
La ricerca mira a descrivere e interpretare la mineralogia, la petrologia e la geochimica di queste zone, con implicazioni per la fornitura di batterie al Litio Ferro Fosfato (LFP). L'azienda è convinta che la roccia di fosfato anortositaria ignea del Quebec possa essere una fonte significativa di fosfato ad alta purezza per le esigenze di batterie LFP in Nord America.
Inoltre, First Phosphate ha ingaggiato Emerging Markets Consulting per servizi di relazioni con gli investitori in un contratto di 12 mesi del valore di USD $150,000, che avrà inizio il 8 gennaio 2025.
First Phosphate Corp (CSE: PHOS) (OTCQB: FRSPF) ha anunciado dos informes de investigación de la Queen's University y de la Université de Québec à Chicoutimi que se centran en la caracterización geológica de su depósito de fosfato Bégin-Lamarche. Los estudios examinan las zonas de montaña, norte y sur del depósito, que forma parte del Lac-Saint-Jean Anorthositic Suite, el complejo de anortosita más grande del mundo.
La investigación tiene como objetivo describir e interpretar la mineralogía, la petrología y la geoquímica de estas zonas, con implicaciones para el suministro de baterías de Litio Ferro Fosfato (LFP). La empresa cree que la roca de fosfato anortosítico ígneo de Quebec podría ser una fuente significativa de fosfato de alta pureza para las necesidades de baterías LFP en América del Norte.
Además, First Phosphate ha contratado a Emerging Markets Consulting para servicios de relaciones con inversores en un contrato de 12 meses por un valor de USD $150,000, que comenzará el 8 de enero de 2025.
퍼스트 포스페이트 корп (CSE: PHOS) (OTCQB: FRSPF)는 퀸즈 대학교와 퀘벡 대학교 시코타미에서 Bégin-Lamarche 인산염 매장지의 지질 특성화에 초점을 맞춘 두 개의 연구 보고서를 발표했습니다. 이 연구는 세계 최대의 anorthosite 복합체인 Lac-Saint-Jean Anorthositic Suite의 일부인 매장지의 산, 북부 및 남부 지역을 조사합니다.
연구는 이러한 지역의 광물학, 암석학 및 지구 화학을 설명하고 해석하는 데 목적이 있으며, 리튬 철 인산염 (LFP) 배터리 공급과 관련이 있습니다. 회사는 퀘벡의 화산석 anorthosite 인산염 암석이 북미의 LFP 배터리 수요에 대한 고순도 인산염의 중요한 공급원이 될 수 있다고 믿고 있습니다.
또한, 퍼스트 포스페이트는 에머징 마켓 컨설팅(Emerging Markets Consulting)을 고용하여 2025년 1월 8일부터 시작되는 12개월 계약의 투자자 관계 서비스를 제공받기로 했습니다.
First Phosphate Corp (CSE: PHOS) (OTCQB: FRSPF) a annoncé deux rapports de recherche de la Queen's University et de l'Université du Québec à Chicoutimi, axés sur la caractérisation géologique de son gisement de phosphate Bégin-Lamarche. Les études examinent les zones montagneuse, nord et sud du gisement, qui fait partie du Lac-Saint-Jean Anorthositic Suite, le plus grand complexe d'anorthosite au monde.
La recherche vise à décrire et interpréter la minéralogie, la pétrologie et la géochimie de ces zones, avec des implications pour l'approvisionnement en batteries au lithium fer phosphate (LFP). L'entreprise pense que la roche de phosphate anorthositique ignée du Québec pourrait être une source significative de phosphate de haute pureté pour les besoins en batteries LFP en Amérique du Nord.
En outre, First Phosphate a engagé Emerging Markets Consulting pour des services de relations avec les investisseurs dans le cadre d'un contrat de 12 mois d'une valeur de USD $150,000, commençant le 8 janvier 2025.
First Phosphate Corp (CSE: PHOS) (OTCQB: FRSPF) hat zwei Forschungsberichte von der Queen's University und der Université de Québec à Chicoutimi angekündigt, die sich auf die geologische Charakterisierung ihres Phosphatlagerstätten Bégin-Lamarche konzentrieren. Die Studien untersuchen die Berg-, Nord- und Südzone des Lagerstätte, die Teil des Lac-Saint-Jean Anorthositic Suite ist, dem größten Anorthosit-Komplex der Welt.
Die Forschung zielt darauf ab, die Mineralogie, Petrologie und Geochemie dieser Zonen zu beschreiben und zu interpretieren, was Auswirkungen auf die Versorgung mit Lithium-Eisen-Phosphat-LFP-Batterien hat. Das Unternehmen glaubt, dass das ignäische Anorthosit-Phosphatgestein aus Québec eine bedeutende Quelle für hochreines Phosphat für die LFP-Batteriebedarfe in Nordamerika sein könnte.
Darüber hinaus hat First Phosphate Emerging Markets Consulting für Investor Relations-Dienste in einem 12-monatigen Vertrag im Wert von USD $150,000, der am 8. Januar 2025 beginnt, engagiert.
- Strategic positioning in the world's largest anorthosite complex
- Potential to supply high-purity phosphate for North American LFP battery market
- None.
Saguenay, Quebec--(Newsfile Corp. - January 10, 2025) - First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce two research reports by Queen's University and Université de Québec à Chicoutimi.
The purpose of these reports is to describe and interpret the mineralogy, petrology, and geochemistry of the Mountain, North and South Zones of the Bégin-Lamarche igneous (anorthosite-hosted) phosphate deposit. The Bégin-Lamarche deposit is part of the 1.14 Ga Lac-Saint-Jean Anorthositic (LSJA) Suite, Québec, which is the largest anorthosite complex in the world. The studies are as follows:
Characterization of First Phosphate's Bégin-Lamarche Phosphate Deposit (Mountain Zone), Lac-Saint-Jean Anorthositic (LSJA) Suite, Quebec, Canada: Implications for Supplying Lithium Ferro (Iron) Phosphate (LFP) Batteries
Drs. Sandeep Banerjee, Sarah Dare, Peir K. Pufahl
Department of Geological Sciences and Geological Engineering, Queen's University
Département des Sciences Appliquées/LabMaTer, Université du Québec à Chicoutimi (UQAC)
January 6, 2025
https://firstphosphate.com/MountainZone
Characterization of First Phosphate's Bégin-Lamarche Phosphate Deposit (North and South Zone), Lac-Saint-Jean Anorthositic (LSJA) Suite, Quebec, Canada: Implications for Supplying Lithium Ferro (Iron) Phosphate (LFP) Batteries
Drs. Sandeep Banerjee, Sarah Dare, Peir K. Pufahl
Department of Geological Sciences and Geological Engineering, Queen's University
Département des Sciences Appliquées/LabMaTer, Université du Québec à Chicoutimi (UQAC)
January 6, 2025
https://firstphosphate.com/NorthSouthZone
Details on First Phosphate's assets in the Saguenay-Lac-St-Jean region of Quebec, can be found at: https://firstphosphate.com/projects/begin-lamarche
Details on First Phosphate's pilot plant for the purification of Quebec igneous anorthosite can be found at: https://firstphosphate.com/projects/pilot-plant
Details on First Phosphate's pilot plant for the manufacture of PPA from Quebec igneous phosphate can be found at: https://firstphosphate.com/projects/ppa-production
Details on First Phosphate's strategy for the creation of a fully integrated LFP battery supply chain in North America based on establishing an LFP battery valley in the Saguenay-Lac-St-Jean region of Quebec can be found at: https://firstphosphate.com/lfp-battery-strategy
First Phosphate believes that Quebec igneous anorthosite phosphate rock is an untapped source of high purity phosphate which can potentially be mined and transformed into large quantities of PPA to service North America's need for LFP batteries.
Investor Outreach Engagement
The Company has engaged Emerging Markets Consulting, LLC ("Emerging Markets") to provide investor relations and communications services to the Company. The services will include continuing social media consultation regarding engagement and enhancement, social sentiment reporting, social engagement reporting, corporate video dissemination, and investor relations services. The term of the agreement with Emerging Markets is for a period of 12 months beginning January 8, 2025. Emerging Markets is based in Florida, USA and can be reached at 321-206-6682. The cash compensation for the engagement is USD
Qualified Person
The scientific and technical disclosure for First Phosphate included in this news release has been reviewed and approved by Gilles Laverdière, P.Geo. Mr. Laverdière is Chief Geologist of First Phosphate and a Qualified Person under National Instrument 43-101 - Standards of Disclosure of Mineral Projects ("NI 43-101").
About First Phosphate Corp.
First Phosphate (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) is a mineral development company fully dedicated to extracting and purifying phosphate for the production of cathode active material for the Lithium Iron Phosphate ("LFP") battery industry. First Phosphate is committed to producing at high purity level, in a responsible manner and with low anticipated carbon footprint. First Phosphate plans to vertically integrate from mine source directly into the supply chains of major North American LFP battery producers that require battery grade LFP cathode active material emanating from a consistent and secure supply source. First Phosphate is owner and developer of the Bégin-Lamarche Property in Saguenay-Lac-St-Jean, Quebec, Canada that consists of rare anorthosite igneous phosphate rock that generally yields high purity phosphate material devoid of harmful concentrations of deleterious elements.
For additional information, please contact:
Bennett Kurtz, CFO
bennett@firstphosphate.com
Tel: +1 (416) 200-0657
Investor Relations: investor@firstphosphate.com
Media Relations: media@firstphosphate.com
Website: www.FirstPhosphate.com
Follow First Phosphate:
Twitter: https://twitter.com/FirstPhosphate
LinkedIn: https://www.linkedin.com/company/first-phosphate
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Forward-Looking Information and Cautionary Statements
This news release contains certain statements and information that may be considered "forward-looking statements" and "forward looking information" within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved" and other similar expressions. In addition, statements in this news release that are not historical facts are forward looking statements, including, among other things: the Company's planned exploration and production activities; the properties and composition of any extracted phosphate; the Company's plans for vertical integration into North American supply chains; and the potential of the mining and transformation of Quebec igneous anorthosite phosphate rock into large quantities of PPA to service North America's need for LFP batteries.
These statements and other forward-looking information are based on assumptions and estimates that the Company believes are appropriate and reasonable in the circumstances, which may prove to be incorrect, include, but are not limited to, the various assumptions set forth herein and in the Company's public disclosure record including the short form base prospectus dated June 5, 2024.
There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. There can be no assurance that any opportunity will be successful, commercially viable, completed on time or on budget, or will generate any meaningful revenues, savings or earnings, as the case may be, for the Company. In addition, the Company will incur costs in pursuing any particular opportunity, which may be significant. These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company and, though they should be considered carefully, should be considered in conjunction with the risk factors described in the Company's other documents filed with the Canadian and United States securities authorities, including without limitation the "Risk Factors" section of the Company's Management Discussion and Analysis dated October 21, 2024 and Annual Report on 20-F dated July 8, 2024, which are available on SEDAR at www.sedarplus.ca. Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/236661
FAQ
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