Business
First Atlantic Nickel Expands Phase 2X Drilling at Pipestone XL Nickel Alloy Project: Four Additional Holes Targeting 1.4 Kilometer Strike Length and 850-Meter Width at RPM Zone
GRAND FALLS-WINDSOR, Newfoundland and Labrador, Dec. 04, 2025 (GLOBE NEWSWIRE) -- First Atlantic ...
About this update from First Atlantic Nickel & Cobalt Corp.
[{"type":"text","content":"First Atlantic Nickel Expands Phase 2X Drilling at Pipestone XL Nickel Alloy Project: Four Additional Holes Targeting 1.4 Kilometer Strike Length and 850-Meter Width at RPM ZoneAll Ten Discovery Holes at the RPM Zone Return Positive Magnetically Recoverable Nickel; New Expansion Drilling to Test Eastern, Northern, and Southern Extensions of Awaruite Mineralization\n\n\n\n GRAND FALLS-WINDSOR, Newfoundland and Labrador, Dec. 04, 2025 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) (\"First Atlantic\" or the \"Company\") is pleased to announce the immediate addition of four drill holes (AN-25-11 to AN-25-14) to the Phase 2X drilling program at the RPM Zone within its Pipestone XL Nickel Alloy Project in central Newfoundland. This expansion follows the continued success of the drilling program, which has now confirmed magnetically recoverable awaruite nickel alloy in all ten RPM Zone discovery holes. The Company has maintained a 100% success rate in drilling, which has already defined 800 meters in strike length by 750 meters in width, representing just 20% of the newly defined 4-kilometer RPM Zone target area contained within the 30-kilometer ultramafic nickel trend (see Figure 1), as outlined through DTR surface sampling and geological mapping announced October 21, 2025.\n \n\n The additional drill holes are designed to expand the RPM Zone in multiple directions, extending the total drill-confirmed strike length to approximately 1.4 kilometers (north-south) and the width to 850 meters. Holes AN-25-11 and AN-25-12 will extend drilling east of\n \n\n Hole AN-25-10\n \n\n , the Company's best result to date, testing below and beyond the point where drilling stopped due to a clay-filled fault zone. This eastern extension toward Chrome Pond has consistently returned the best magnetically recoverable nickel grades on the property. Hole AN-25-13 will test a 400-meter northern extension on the new Section S4, while Hole AN-25-14 will test a 200-meter southern step-out south of Section S1.\n \n\n Confidence in the expansion drilling is supported by consistent metallurgical results across all ten RPM Zone discovery holes, which have intersected large-grain visible awaruite mineralization from near surface to end of hole. Awaruite (Ni₃Fe), a naturally occurring nickel-iron-cobalt alloy containing...