# First Phosphate: “378% Increase in Indicated Mineral Resources” - CEO John Passalacqua

Page: https://stenobird.com/podcast/mining-stock-education-1396689/first-phosphate-378-increase-in-indicated-mineral-resources-ceo-john-passalacqua
Text version: https://stenobird.com/podcast/mining-stock-education-1396689/first-phosphate-378-increase-in-indicated-mineral-resources-ceo-john-passalacqua.md
Podcast: [Mining Stock Education](https://stenobird.com/podcast/mining-stock-education-1396689)
Published: 2026-05-29T10:09:44+00:00
Episode link: https://www.spreaker.com/episode/first-phosphate-378-increase-in-indicated-mineral-resources-ceo-john-passalacqua--72223504
Audio file: https://api.spreaker.com/download/episode/72223504/2329574000_miningstockeducation_first_phosphate_378_increase.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/mining-stock-education-1396689/episodes/first-phosphate-378-increase-in-indicated-mineral-resources-ceo-john-passalacqua
Duration seconds: 1002

## Resource

“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 Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor First Phosphate pays Mining Stock Education a United States dollar ten thousand per month coverage fee. First Phosphate’s forward-looking statement found in the company's presentation applies to the content of this interview. MSE offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accu…

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/mining-stock-education-1396689/episodes/first-phosphate-378-increase-in-indicated-mineral-resources-ceo-john-passalacqua/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/mining-stock-education-1396689/first-phosphate-378-increase-in-indicated-mineral-resources-ceo-john-passalacqua.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.