First Phosphate在Begin-Lamarche项目区确认两处新增高品位发现区,Larouche磷酸盐含量高达39.45%

发布于: 1 月 29, 2024

魁北克省萨格奈–(Newsfile Corp. – 2024年1月29日) – First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) (“First Phosphate”或“本公司”)欣然宣布,本公司已确认在其位于加拿大魁北克省萨格奈-拉克-圣让地区的Bégin-Lamarche项目北部区域500米处确定了一个新的高品位发现区。这些区域最初是在2022年秋天的勘探活动中发现的,并在去年秋天的26个抓取样本中发现了高品位的 P2O5(磷酸盐)。

与此同时,在Larouche地区也继续获得高品位的分析测定结果,其中一个样本中的P2O5(磷酸盐)品位高达39.45%,位于纯磷灰石(含有磷酸盐的主矿物)的不规则岩层中。按照这种纯度,该矿物可被视为直接运输矿石(“DSO”)。

Bégin-Lamarche项目结果

抓取采样发现,在现有北部矿区以北500米处存在一个高品位磷酸盐区。本公司将这一新区域命名为Mountain Zone,长约350米,宽约175米。根据实地观察,岩石类型为钠长岩橄榄岩,这是该矿区发现磷酸盐的最有利的岩石类型。在这一区域共抓取了26份样本,其中大部分样本的P2O5(磷酸盐)含量在7.17%到17.83%之间,平均P2O5含量为10.6%。

First Phosphate首席执行官John Passalacqua解释道,“Begin-Lamarche项目继续显示出为本公司提供另一个重要磷矿的前景。更重要的是,该矿区距深海港口萨格奈(Saguenay)仅70公里,具有巨大的物流优势。”

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 Company’s interpretations and expectations about the Begin-Lamarche and Larouche projects.

These statements and other forward-looking information are based on assumptions and estimates that the Company believes are appropriate and reasonable in the circumstances, including, without limitation, expectations of the Company’s long term business outcomes given its short operating history; expectations regarding revenue, expenses and operations; the Company having sufficient working capital and ability to secure additional funding necessary for the exploration of the Company’s property interests; expectations regarding the potential mineralization, geological merit and economic feasibility of the Company’s projects; expectations regarding drill programs and the potential impacts successful drill programs could have on the life of the mine and the Company; mineral exploration and exploration program cost estimates; expectations regarding any environmental issues that may affect planned or future exploration programs and the potential impact of complying with existing and proposed environmental laws and regulations; receipt and timing of exploration and exploitation permits and other third-party approvals; government regulation of mineral exploration and development operations; expectations regarding any social or local community issues that may affect planned or future exploration and development programs; expectations surrounding global economic trends and technological advancements; and key personnel continuing their employment with the Company.

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. Important factors that could cause actual results to differ materially from the Company’s expectations include: limited operating history; high risk of business failure; no profits or significant revenues; limited resources; negative cash flow from operations and dependence on third-party financing; the uncertainty of additional funding; no dividends; risks related to possible fluctuations in revenues and results; insurance and uninsured risks; litigation; reliance on management and key personnel; conflicts of interest; access to supplies and materials; dangers of mineral exploration and related liability and damages; risks relating to health and safety; government regulation and legal uncertainties; the company’s exploration and development properties may not be successful and are highly speculative in nature; dependence on outside parties; title to some of the Company’s mineral properties may be challenged or defective; Aboriginal title and land claims; obtaining and renewing licenses and permits; environmental and other regulatory risks may adversely affect the company; risks relating to climate change; risks related to infrastructure; land reclamation requirements may be burdensome; current global financial conditions; fluctuation in commodity prices; dilution; future sales by existing shareholders could cause the Company’s share price to fall; fluctuation and volatility in stock exchange prices; and risks related to market demands. 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 securities authorities, including without limitation the “Risk Factors” section of the Company’s Annual Information Form dated November 29, 2023 which is 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.

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