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First Atlantic Nickel Expands RPM Zone to 750 Meters in Width with Second Phase 2 Drill Hole: AN-25-07 Intersects 495 Meters of Visible Awaruite Mineralization
GRAND FALLS-WINDSOR, Newfoundland and Labrador, Sept. 10, 2025 (GLOBE NEWSWIRE) -- First Atlant...
About this update from First Atlantic Nickel & Cobalt Corp.
[{"type":"text","content":"First Atlantic Nickel Expands RPM Zone to 750 Meters in Width with Second Phase 2 Drill Hole: AN-25-07 Intersects 495 Meters of Visible Awaruite Mineralization\n\n\n\n GRAND FALLS-WINDSOR, Newfoundland and Labrador, Sept. 10, 2025 (GLOBE NEWSWIRE) --\n \n First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) (\"First Atlantic\" or the \"Company\")\n \n is pleased to report a significant expansion of visible awaruite nickel-alloy mineralization at the RPM Zone, part of its 100% owned, district-scale, 30 kilometer-long Atlantic Nickel Project in Newfoundland (the \"Atlantic Nickel Project\" or the \"Project\"). RPM Drill hole AN-25-07, the second hole of the Phase 2 program, intersected 495 meters of visibly disseminated awaruite and has expanded the mineralized section located 400 meters north of the RPM discovery holes up to 750 meters in width. This represents a ~50% increase from the 500-meter width established in Phase 1, confirming the robust lateral extent of awaruite mineralization at RPM. With holes AN-25-08 and AN-25-09 now completed on Line S3, Phase 2 drilling has tested 800 meters of north-south strike length and continues to demonstrate the scale potential of the RPM Zone as the Company advances toward defining over 1 kilometer of continuous awaruite mineralization. Concurrent with drilling, Phase 2 prospecting across the 30-kilometer Pipestone Ophiolite Complex has collected numerous surface rock samples containing visible awaruite for assay and davis tube metallurgical testing. Additional updates on the Phase 2 program are anticipated within the coming weeks.\n \n\n The sulfur-free nature of awaruite (Ni\n \n 3\n \n Fe), a naturally occurring nickel-iron-cobalt alloy already in metallic form, eliminates the need for secondary processes such as smelting, roasting or acid leaching that are typical of sulfide or laterite nickel ores. Unlike sulfides, which are not natural alloys, awaruite avoids the challenge of sourcing smelter capacity - a bottleneck in North America's nickel supply chain. With an average nickel grade of approximately 76%, awaruite significantly exceeds the ~25%\n \n 1\n \n nickel grade characteristic of pentlandite. Awaruite's strong magnetic properties enable concentration through magnetic separation, as demonstrated by Davis Tube Recovery (DTR) testing at First Atlantic's RPM Zone dri...