CNSX:PHOS

First Phosphate Enters into LOI for Rapidwall Manufacturing Plant to Support Housing for Rural and Indigenous Communities in Canada and the United States

Retrieved on: 
Wednesday, May 8, 2024
Ecosystem, Spontaneous combustion, OTC, RBS, Consultant, Industrialisation, LFP, PPA, Saguenay, Mining, Recycling, Phosphate, Fertilizer

Upon acceptance of terms for the supply of a Rapidwall Manufacturing Plant by RBS, First Phosphate will be granted a license for the exclusive sales and marketing rights for Canada to RBS's Rapidwall and Rapidseal products.

Key Points: 
  • Upon acceptance of terms for the supply of a Rapidwall Manufacturing Plant by RBS, First Phosphate will be granted a license for the exclusive sales and marketing rights for Canada to RBS's Rapidwall and Rapidseal products.
  • The Rapidwall Manufacturing System would allow First Phosphate to upcycle the clean phosphogypsum produced from its proposed purified phosphoric acid ("PPA") plant into building material panels which could be used to support housing for rural and indigenous communities in North America.
  • "Rapidwall and Rapidseal will help to valorise our clean phosphogypsum into products which are vital to rural and indigenous communities across North America," says First Phosphate CEO, John Passalacqua.
  • All securities issued are subject to a hold period of four months plus one day from the date of issuance.

First Phosphate Intersects 92.5 m of 11.82% Igneous Phosphate Starting at Surface at Its Begin-Lamarche Project in Saguenay-Lac-St-Jean, Quebec, Canada

Retrieved on: 
Tuesday, April 23, 2024
Saguenay, OTC, See, Phosphate, Road

Since the drill program began in February 2024, a total of 23,398 m of drilling has been completed and assay results have now been returned for a total of 9,155 m of drilling.

Key Points: 
  • Since the drill program began in February 2024, a total of 23,398 m of drilling has been completed and assay results have now been returned for a total of 9,155 m of drilling.
  • A total of 4,691 samples are still at the laboratory and results will be released as they become available.
  • Phosphate Mountain Zone: Drill hole BL-24-56 intersected 11.82% P2O5 (phosphate) over 92.5 m starting at a surface depth of 6.5 m. Drilling in the Phosphate Mountain Zone revealed a thick layer (90 m) of phosphate bearing nelsonite outcropping on surface with numerous other high-grade intersections at greater than 10% P2O5.
  • This layer geometry creates an ideal scenario for an eventual starting point for an open pit operation," said First Phosphate CEO, John Passalacqua.

Gary Stanley, Former Director of the Office of Critical Minerals and Metals at the U.S. Department of Commerce, Joins the First Phosphate Advisory Board

Retrieved on: 
Wednesday, April 17, 2024
Metal, Mineral, OTC, Commerce, Private sector, Saguenay, Government, Knowledge, Phosphate, Security (finance)

Gary Stanley has more than 40 years experience with the U.S. Department of Commerce ("DOC") in Washington, DC.

Key Points: 
  • Gary Stanley has more than 40 years experience with the U.S. Department of Commerce ("DOC") in Washington, DC.
  • During his tenure, Mr. Stanley worked with both public and private sector stakeholders to strengthen American supply chains and to enhance U.S. global competitiveness in critical minerals, metals, chemicals, and other materials industries.
  • Mr. Stanley was lead author of the 2019 US Federal Critical Minerals Strategy which became the foundation for the U.S. Government's critical mineral supply chain prerogatives.
  • All securities issued are subject to a hold period of four months plus one day from the date of issuance.

Pekuakamiulnuatsh First Nation and First Phosphate Announce Collaboration Agreement

Retrieved on: 
Tuesday, April 9, 2024
Lithium, First Nations, Culture, Agreement, Project, Saguenay–Lac-Saint-Jean, Phosphate, First, LFP, OTC, Heart, Lithium iron phosphate, Government, Rare-earth element

Mashteuiatsh--(Newsfile Corp. - April 9, 2024) - First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") and Pekuakamiulnuatsh Takuhikan (the "First Nation") announce the signing of a collaboration agreement with respect to its proposed phosphate mine and Lithium Iron Phosphate (LFP) cathode active material plant project in the Saguenay-Lac-Saint-Jean Region of Quebec, Canada (the "Project").

Key Points: 
  • Mashteuiatsh--(Newsfile Corp. - April 9, 2024) - First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") and Pekuakamiulnuatsh Takuhikan (the "First Nation") announce the signing of a collaboration agreement with respect to its proposed phosphate mine and Lithium Iron Phosphate (LFP) cathode active material plant project in the Saguenay-Lac-Saint-Jean Region of Quebec, Canada (the "Project").
  • The collaboration agreement signed today in Mashteuiatsh, in the presence of the Chief of the Pekuakamiulnuatsh First Nation, Gilbert Dominique, and the CEO of First Phosphate, John Passalacqua, is an important step in the development of the Project.
  • "We are satisfied with the collaboration agreement reached today with First Phosphate, which allows us to establish the basis for exploration work on the Nitassinan, our ancestral lands.
  • We thank the Pekuakamiulnuatsh Nation for their openness and friendship," said John Passalacqua, CEO of First Phosphate.

First Phosphate Drills a 2 m Vein of Massive Apatite at Its Begin-Lamarche Project in Saguenay-Lac-St-Jean, Quebec, Canada

Retrieved on: 
Tuesday, April 2, 2024
Saguenay, Apatite, Phosphate, OTC, See, Atomic mass, PO4, Critical, Road

In total 16,435 m of drilling have been completed to date and assays have now been returned for 5,642 m since drilling began in February 2024.

Key Points: 
  • In total 16,435 m of drilling have been completed to date and assays have now been returned for 5,642 m since drilling began in February 2024.
  • Phosphate Mountain Zone: Hole BL-24-82 intersected 2 m of massive apatite while other drill holes in this zone continued to yield core results of 30%+ apatite.
  • "The Mountain and Northern Zones show high-grade phosphate on surface while the Southern Zone shows large tonnage potential over a strike length of 1.5 km."
  • Apatite is very common as an accessory mineral in igneous and metamorphic rocks where it is the most common phosphate mineral form to be found.