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The Canadian Minister of Energy and Natural Resources,
The company owns 29 phosphate projects selected for their strategic location and geological prospects. The company's phosphate holdings include 410 claims over an area of 27,224 hectares, all fully owned and exempt from royalties. These properties were selected based on documented historical occurrences of phosphate (Apatite P2O5) or available sample data and are open for exploration. The selection data was sourced from the Ministère des Ressources Naturelles of
Property | Region | Host Rock | Minerals | P2O5 Grade* |
Riv. Cascapédia | Gaspésie | Mudstone | Phosphate | 14% |
St-Cléophas | Gaspésie | Phosphorite | Phosphate | |
Gaspésie | Schiste | Phosphate | 12% | |
Anorthosite | Phosphate | |||
Anorthosite | Phosphate | |||
Manouane | Anorthosite | Phosphate | ||
Anorthosite | Phosphate | |||
CH-98-0 | Leuconorite | Phosphate | 8.59% | |
Des Commissaires | Anorthosite | Phosphate-Titanium | 6.94% | |
Gabbronorite | Phosphate | |||
Carriere Lecarne | Feldspaths | Phosphate | ||
Mimosa | Lac-Saint-Jean | Feldpaths | Phosphate | |
Carriere Laurentide | Monzodiorite | Phosphate | ||
Riv. Aux Outardes | Nelsonite | Phosphate | 10.7% | |
Mauricie | Gneiss | Phosphate-Titanium | 2.89% | |
Riv. Au Lievre-Well | Laurentide | Pegmatite | Phosphate | |
Laurentide | Pegmatite | Phosphate | ||
Brockaby | Marbre | Lithium-Phosphate | ||
Carriere Sables LG | Mangerite | Phosphate | ||
Dolomite | Phosphate | |||
Bardy | Gaboronorite | Phosphate | ||
Barrage | Granite | Lithium-Phosphate | ||
Baie-Obaoca | Lanaudiere | Syenite | Phosphate | 4% |
Desile-2 | Manicouagan | Gaboronorite | Phosphate-Titanium | 4.95% |
Car. De L’Anse Verte | Côte Nord | Anorthosite | Phosphate | |
Riviere Nipissis | Côte Nord | Gabbro | Phosphate | |
Côte Nord | Migmatite | Phosphate | ||
Côte Nord | Granite | Phosphate | ||
McVeity & Taylor | Phosphate | 19thcentury mine |
Even though the data was sourced from Quebec’s MRN databases, the Company cautions investors to note that historical phosphate P2O5 samples results, grades, mineralization andproperty descriptionsareconceptualin nature. A qualified person has not completed sufficient work to validate historical data nor to classify mineral resources as defined by National Instrument (NI) 43-101; it is uncertain if future exploration will result in any delineated mineral resources.
About Phosphate
Phosphate is a critical nutrient for plant growth and plays a crucial role in agriculture, commonly used in fertilizers to enhance crop yields. However, global demand for phosphate is increasing rapidly due to population growth and dietary changes, potentially leading to a depletion of global phosphate reserves, also known as "Peak Phosphate" (Peak phosphorus demand trends and implications,
In addition to agriculture, phosphate is also a key component in LFP batteries, increasingly used in electric vehicles due to their high energy density and safety features. The LFP battery market is projected to grow significantly, driven by the global push towards electric vehicles. The use of phosphate in LFP batteries creates new demand for this critical resource, exacerbating the issue of Peak Phosphate.
Clarification on the Non-Brokered Private Placement
The amendment is subject to standard regulatory approvals including the approval of the
About
Disclaimers:
This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding mineral exploration. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.
Neither the
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