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PhosCo Advances Gasaat with EBRD Grant and High-Grade Drilling Results

11:22am on Tuesday 20th of January, 2026 AEDT Mining
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PhosCo Advances Gasaat with EBRD Grant and High-Grade Drilling Results

11:22am on Tuesday 20th of January, 2026 AEDT
Key Points
  • Gasaat hosts a substantial 146.4Mt JORC phosphate resource at 20.6% P2O5
  • Maiden resource estimates underway for KM and SAB deposits with assays pending
  • €1 million grant awarded by EBRD to optimise project ahead of feasibility study
  • Phosphate now classified as a US critical mineral, boosting market demand outlook
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