Mr. John Passalacqua reports
FIRST PHOSPHATE SELECTED FOR "FILON" FASTRACK STATUS WITH THE QUEBEC MINISTRY OF NATURAL RESOURCES AND FORESTS
First Phosphate Corp.'s Begin-Lamarche igneous rock phosphate mining project has been selected for Filon support status with the Quebec Ministry of Natural Resources and Forests (MRNF), an initiative aimed at accelerating mining projects in Quebec.
The objective of the MRNF's Filon support is to foster a common understanding of the Begin-Lamarche phosphate mining project with a view to accelerate its key development milestones. The specialized support to be provided to First Phosphate is intended to facilitate discussions with the government departments and agencies responsible for issuing mining authorizations or permits.
"With the Begin-Lamarche project, Quebec is transforming its geological potential into an economic advantage. By developing a high-purity phosphate deposit intended for the battery sector, we are helping to build a more innovative, more resilient economy focused on future markets. Filon will advance this structural project through a specialized support mechanism," stated Kateri Champagne Jourdain, Quebec Minister of Natural Resources and Forests.
"We appreciate that the government of Quebec has granted accelerated status to our Begin-Lamarche igneous rock phosphate project," said John Passalacqua, chief executive officer of First Phosphate. "Our project holds significant strategic value in helping to onshore the lithium-iron-phosphate (LFP) battery supply chain in North America."
Announced as part of the Quebec Strategy for the Development of Critical and Strategic Minerals 2025-2031, Filon targets critical and strategic mineral projects in Quebec.
Qualified person
The scientific and technical information relating to First Phosphate contained in this press release has been reviewed and approved by Steeve Lavoie, PGeo, chief geologist of First Phosphate, who is a qualified person within the meaning of National Instrument 43-101, Standards of Disclosure for Mineral Projects.
About First Phosphate Corp.
First Phosphate is a mineral exploration and development and clean technology company dedicated to building and reshoring a vertically integrated mine-to-market supply chain for the production of LFP batteries in North America. Target markets include energy storage, data centres, robotics, mobility and national security. First Phosphate's flagship Begin-Lamarche property, located in Saguenay-Lac-Saint-Jean, Que., Canada, represents a rare North American igneous phosphate resource producing high-purity phosphate characterized by very low levels of impurities.
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