“We are pleased with the results of our 2025-2026 drilling exploration program and the quantity and quality upgrade provided to our Mineral Resources,” said First Phosphate CEO, John Passalacqua. “We are now able to continue to move the project forward with great confidence in our Mineral Resources.”

First Phosphate’s updated Mineral Resource Estimate saw a 378% increase in Indicated Mineral Resources for its Bégin-Lamarche project in Saguenay-Lac-Saint-Jean, Québec, Canada when compared to the Company’s Initial MRE dated September 9, 2024.

00:00 Intro

00:30 Resource Update Highlights

02:04 Feasibility Plan Funding

03:19 Cutoff Grade Explained

04:01 Warrants Shareholder Support

05:08 Clean Capital Structure

06:29 Agnico Deal Industry Signal

09:56 Investor Outreach Strategy

10:48 ADR: How It Works

12:25 Next Catalysts Timeline

13:03 Why Focus on Phosphate

First Phosphate Introductory Interview: https://www.youtube.com/watch?v=eD7t1Q7OZfU

Press releases discussed: https://firstphosphate.com/begin-lamarche-phosphate-resource-update-2026/

CSE: PHOS – FSE: KD0 – OTCQX: FRSPF – OTCQX-ADR: FPHOY

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