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First Phosphate Files NI 43-101 Technical Report for Updated Mineral Resource Estimate for Bégin-Lamarche Igneous Phosphate Deposit

$PHOSPress releaseAug 24, 2026, 8:30 AM ETRead the release

First Phosphate filed an NI 43-101 technical report detailing a 378% increase in Indicated Mineral Resources at its Bégin-Lamarche project in Quebec. The updated estimate defines 6.2 Mt of Measured resources at 7.70% P2O5 and 198.5 Mt of Indicated resources at 6.00% P2O5, with an additional 89.5 Mt of Inferred resources at 6.16% P2O5.

Key figures

Concentrate grade
40.4% P2O5
Inferred resource mt
89.5
Lfp conversion ratio
91.1%
Measured resource mt
6.2
Indicated resource mt
198.5
Process recovery rate
88%
Inferred resource grade
6.16% P2O5
Measured resource grade
7.70% P2O5
Indicated resource grade
6.00% P2O5
Indicated resource increase
378%

AI analysis

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