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Avante Mining Commences Field Work at Pipestone Property
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2023) - Avante Mining Corp. (TSXV...
About this update from First Atlantic Nickel & Cobalt Corp.
[{"type":"text","content":"Avante Mining Commences Field Work at Pipestone PropertyVancouver, British Columbia--(Newsfile Corp. - December 4, 2023) - Avante Mining Corp. (TSXV: AVA) (OTC Pink: ACPRF) (FSE: P210) (\"Avante\" or the \"Company\"), a Canadian nickel-focused exploration company, is pleased to announce that is has initiated field work on the Pipestone Nickel Project located in central Newfoundland (the \"Pipestone Project\" or the \"Property\").The Company has commenced a preliminary sampling and mapping program to confirm historically significant mineralization identified on the Property. Historical drilling re-assayed in 2012 (NFLD/3284) confirmed consistent and highly elevated nickel with 0.22% Nickel (Ni) over the entire length of two drillholes that were re-sampled, including one intercept 0.22% Ni over the entire hole length of 87.15 metres in DDH78-AL-1 located in the norther portion of the Property area. The Company sees the opportunity to identify broad areas of similar or better nickel mineralization that could contain magnetically recoverable nickel (awaruite) and/or sulfide-nickel mineralization through a focused exploration strategy. Project Highlights: Work is now underway, Avante is the first company to target awaruite in this region since 2012;Highly elevated historical drilling re-assaying up to 0.27% Ni and 0.22% Ni over 87.15 metres;Till sampling, mapping, and sampling indicate highly elevated nickel and awaruite is present in the project area, which will allow Avante to accelerate through early-stage exploration on the Property;Critical mineral focus, with potential for nickel and chromium alongside other potential metals;The Pipestone Project consists of 161 claims encompassing 40.25 square kilometres of ground;Good infrastructure with existing road access extending onto the Property and a hydroelectric generating station located approximately 20km south of the Property;Figure 1: Company geologist Michael Piller examining ultramafic rock outcropping on the Pipestone Project, 2023.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6963/189691_avantepicture1.jpgAdrian Smith, CEO comments, \"The project covers a significant portion of a 30-plus-kilometre belt of nickel bearing ultramafic \"ophiolitic\" rocks which have been confirmed to host a naturally occurring nickel-iron alloy. ...