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First Atlantic Nickel Phase 2X Drilling Expands Lateral Width of Awaruite Nickel Alloy Mineralization Along Sections S1 and S3 at RPM Zone Within Newly Expanded 4-Kilometer Target

GRAND FALLS-WINDSOR, Newfoundland and Labrador, Nov. 03, 2025 (GLOBE NEWSWIRE) -- First Atlantic ...

articleFirst Atlantic Nickel & Cobalt Corp.November 3, 20255/company/first-atlantic-nickel-corp/news/first-atlantic-nickel-phase-2x-drilling-expands-lateral-width-of-awaruite-nickel-alloy-mineralization-along-sections-s1-and-s3-at-rpm-zone-within-newly-expanded-4-kilometer-target
First Atlantic Nickel Phase 2X Drilling Expands Lateral Width of Awaruite Nickel Alloy Mineralization Along Sections S1 and S3 at RPM Zone Within Newly Expanded 4-Kilometer Target

About this update from First Atlantic Nickel & Cobalt Corp.

[{"type":"text","content":"First Atlantic Nickel Phase 2X Drilling Expands Lateral Width of Awaruite Nickel Alloy Mineralization Along Sections S1 and S3 at RPM Zone Within Newly Expanded 4-Kilometer TargetHoles AN-25-09 and AN-25-10 Confirm Approximately 750 Meters Width on Section S1 and 500 Meters on Section S3\n\n\n\n GRAND FALLS-WINDSOR, Newfoundland and Labrador, Nov. 03, 2025 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) (\"First Atlantic\" or the \"Company\") is pleased to announce visual drilling results from Phase 2X holes AN-25-09 and AN-25-10 at the RPM Zone within its Pipestone XL Nickel Alloy Project in central Newfoundland. Phase 2X drilling continues to expand the lateral width of awaruite mineralization within the newly defined 4-kilometer strike length target area announced\n \n\n October 21, 2025\n \n\n . Hole AN-25-10 returned 233 meters of strong, visually disseminated, large-grain awaruite mineralization on Section S1, extending the zone 200 meters east from the Company's best magnetically recoverable nickel (DTR Ni %) results to date (hole AN-24-04, with 0.14% magnetically recoverable nickel over 366 meters), while Hole AN-25-09 intersected 480 meters of visible awaruite on Section S3, extending the zone’s lateral width westward toward Pipestone Pond.\n \n\n The Phase 2X drilling program has successfully expanded the RPM Zone to significant lateral widths across multiple sections within the 4-kilometer target area. Sections S1 and S2 now show continuous awaruite mineralization over approximately 750 meters in lateral width, while Section S3, located 800 meters north of the original discovery drilling, has been expanded to 500 meters with Hole AN-25-09. All sections show continuous mineralization that remains open for expansion. Hole AN-25-10 was halted at 233 meters after encountering a clay-filled fault zone within intersections containing abundant magnetite, an encouraging indicator, as awaruite commonly forms alongside magnetite during serpentinization. This confirms that the eastern extension toward Chrome Pond remains a high-priority target for follow-up drilling.\n \n\n These results continue to demonstrate the systematic expansion of the RPM Zone through Phase 2X drilling. To date, approximately 3 kilometers of drill core have returned positive magnetically recoverable nickel (DT...

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