Canadian Phosphate LimitedASX: CP8

Drilling extends phosphate mineralisation strike to 9km

· Issued by Canadian Phosphate Limited

Filed with ASX · · 13 pages · English

Summary by 6ix AI

Canadian Phosphate Limited reports on its drilling activities at the Wapiti Phosphate Project, highlighting the extension of phosphate mineralisation to a significant length. The company has completed a substantial number of drill holes, which have improved its understanding of the deposit's geological structure and continuity. Exploration efforts are now shifting to the western limb of the project, with plans for additional investment to enhance resource growth potential. The extraction of a bulk sample has been postponed to allow for better alignment with customer demand and to utilize existing inventory in the meantime.

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