First Phosphate Reports Updated Mineral Resource Estimate for Bégin-Lamarche Phosphate Deposit
First Phosphate announced a 378% increase in Indicated Mineral Resources for its Bégin-Lamarche phosphate deposit, driven by the 2025-2026 drilling program. The updated estimate reports 198.5 Mt at 6.00% P2O5 in the Indicated category, alongside 6.2 Mt at 7.70% in the Measured category and 89.5 Mt in the Inferred category.
Key figures
- Drill holes
- 276
- Drill meters
- 68345
- Conversion ratio pct
- 91.1
- Process recovery pct
- 88
- Resource increase pct
- 378
- Inferred resource grade pct
- 6.16
- Inferred resource tonnes mt
- 89.5
- Measured resource grade pct
- 7.7
- Measured resource tonnes mt
- 6.2
- Indicated resource grade pct
- 6
- Indicated resource tonnes mt
- 198.5
- Apatite concentrate grade pct
- 40.4
AI analysis
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