Canadian Phosphate (ASX:CP8) will expand drilling at its Wapiti Phosphate Project in British Columbia, Canada, after extending phosphate mineralisation strike length to approximately 9km.
The company has completed 18 drillholes totalling 2,638m at Wapiti, with eight of nine recent holes intersecting the phosphate-bearing Main Zone along the eastern limb of the Red Deer Syncline. First assays from the 2026 program are due this month.
Managing Director Daniel Gleeson says the drilling program has built understanding of the deposit while extending the strike.
“We have continued to intercept the phosphate seam further south and have now demonstrated approximately 9km of strike continuity,” Gleeson says.
The latest nine drillholes examined the southern extension of the Main Zone, with the phosphate horizon displaying consistent characteristics including phosphatic pellets and nodules.
Canadian Phosphate has shifted exploration focus to the western limb of the project, where the company intersected the Main Zone in hole WP26-018.
CP8 will allocate additional resources to advance Wapiti beyond the previously announced 3,000m program. Advancing the program will include further drilling, field mapping, and a high-resolution light detection and ranging (LiDAR) survey.
The expanded Wapiti program has prompted Canadian Phosphate to reschedule extraction of its Barnes bulk sample until Q2 2027. The company will instead utilise approximately 30,000 tonnes of previously mined phosphate rock available in Montana, US, to service near-term customer requirements.
All 2026 intersections reported are based on visual logging, portable X‑ray fluorescence, and downhole gamma surveys only, with laboratory assays required to confirm grade and true widths.
Canadian Phosphate is an Australian company advancing phosphate assets across British Columbia and Utah, US.
Write to JC Villarba at Mining.com.au
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