Canadian Phosphate Limited announced last week that they have completed acquisition of 100% interest in the Diamond Mountain Phosphate Project from Revival Gold Inc. and Utah Mineral Resources LLC. Canadian Phosphate’s Managing Director and CEO Daniel Gleeson says the acquisition of Diamond Mountain project is an important step in Canadian Phosphate’s strategy to become a major North American phosphate supplier, emphasizing that it is in an established U.S. phosphate mining region. Their plans for 2026 and 2027 include expanding the resource and completing any drilling and reporting requirements. Gleeson also states that the Diamond Mountain project strengthens their platform to supply domestic fertiliser and LFP battery markets across North America.
