Business
First Atlantic Nickel Expands RPM Zone Awaruite Nickel-Alloy (Ni₃Fe) Discovery: 400-Meter Northern Extension Yields 1.47% Nickel Concentrate Over 351 Meters in DTR Metallurgical Recovery Testing
GRAND FALLS-WINDSOR, Newfoundland and Labrador, July 09, 2025 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) ("First Atlantic" or the "Company") is pleased to announce positive Davis Tube Recovery (DTR) metallurgical test results from drill hole AN-24-05, the final hole completed during the Phase 1 drilling at the RPM Zone, part of its district scale Atlantic Nickel Project (the "Project"). Drill hole AN-24-05 returned a continuous interval of 351 meters av
About this update from First Atlantic Nickel & Cobalt Corp.
[{"type":"image","alt":"First Atlantic Nickel Corp.","displaySize":"","headline":null,"caption":"First Atlantic Nickel Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":62,"url":"https://media.zenfs.com/en/globenewswire.com/e77cdf6ff06f80650937d43dfa5182a7"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/JOXlQcgkWmZPXjSrArAlgA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTg3O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/e77cdf6ff06f80650937d43dfa5182a7","width":300,"height":62}},"lazy":false},{"type":"text","content":"GRAND FALLS-WINDSOR, Newfoundland and Labrador, July 09, 2025 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) ("First Atlantic" or the "Company") is pleased to announce positive Davis Tube Recovery (DTR) metallurgical test results from drill hole AN-24-05, the final hole completed during the Phase 1 drilling at the RPM Zone, part of its district scale Atlantic Nickel Project (the "Project"). Drill hole AN-24-05 returned a continuous interval of 351 meters averaging 1.47% nickel and 1.53% chromium in magnetic concentrate, with a mass pull of 8.21%. This corresponds to a magnetically recoverable nickel grade (DTR grade) of 0.12% over the 351 meter interval. Located approximately 400-meters north of the initial RPM discovery hole AN-24-02, this step out hole confirms that widespread disseminated, visible awaruite mineralization extends significantly northward toward Pipestone Pond.","length":959,"tagName":"p","attribs":{}},{"type":"text","content":"Phase 2 drilling is currently underway, building on the success of Phase 1, which already defined a 400-meter by 500-meter area of awaruite nickel mineralization. All four holes drilled at the RPM Zone in Phase 1 intersected disseminated awaruite mineralization, returning consistent nickel grades and recoveries. Concentrate grades from these holes ranged from 1.32% to 1.47% nickel, with mass pulls between 8.21% and 9.53%. Notably, all drill holes ended in mineralization and remain open in all directions, indicating significant expansion potential. The consistent magnetic concentrate grades and mass pulls across the drilled area underscore the extensive nature of the awaruite nickel mineralization in the RPM Zone.","length":722,"tagName":"p"},{"type":"text","content":"Highlights: ","lengt...