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First Atlantic Nickel Reports Phase 2X Results from Pipestone XL Nickel Alloy Project: Drilling Proves 800 Meters of Newly Expanded 4km Target at RPM Zone, Doubling Strike Length
GRAND FALLS-WINDSOR, Newfoundland and Labrador, Oct. 23, 2025 (GLOBE NEWSWIRE) -- First Atlantic ...
About this update from First Atlantic Nickel & Cobalt Corp.
[{"type":"text","content":"First Atlantic Nickel Reports Phase 2X Results from Pipestone XL Nickel Alloy Project: Drilling Proves 800 Meters of Newly Expanded 4km Target at RPM Zone, Doubling Strike LengthDrill Hole AN-25-08 Returns 0.12% Magnetically Recoverable Awaruite Nickel Over 480 Meters, Achieving 800 Meters Drill-Confirmed of Expanded 4-Kilometer Target Area\n\n\n\n GRAND FALLS-WINDSOR, Newfoundland and Labrador, Oct. 23, 2025 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSX-V: FAN) (OTCQB: FANCF) (FSE: P21) (\"First Atlantic\" or the \"Company\") is pleased to announce Davis Tube Recovery (DTR) metallurgical test results from drill hole AN-25-08, the seventh drill hole at the RPM Zone within its Pipestone XL Nickel Alloy Project in central Newfoundland. The DTR testing yielded a magnetic concentrate averaging 1.35% nickel over the entire 480 meter drill hole, with an average mass pull of 8.79%, resulting in an average magnetically recoverable nickel grade of 0.12% over 480 meters.\n \n\n Drill hole AN-25-08, collared on Section Line S3, successfully doubled the drill-confirmed strike length of the RPM Zone to 800 meters within a newly expanded 4-kilometer continuous target area. This 4-kilometer target zone was outlined through DTR surface sampling and geological mapping announced on\n \n\n October 21, 2025\n \n\n , demonstrating the continuity of awaruite nickel mineralization along strike throughout the RPM Zone. Phase 2X drilling has now drill-confirmed 800 meters of this 4-kilometer target area, with drilling confirming magnetically recoverable awaruite nickel alloy mineralization in all holes drilled to date.\n \n\n Drill results confirming 800 meters in strike length of magnetically recoverable nickel-alloy mineralization within the expanded 4-kilometer RPM Zone target area represents a significant milestone in defining the large-scale potential of the Pipestone XL Nickel Alloy Project. Integration of Phase 2X drilling results with surface sampling and improved geological mapping has refined the Company's understanding of the westward-dipping ultramafic body hosting awaruite mineralization, positioning future drilling to effectively test the true width and depth extent of the mineralized system.\n \n\n\n KEY POINTS:\n \n\n\n\n 1. Hole AN-25-08 Doubles RPM Zone Strike Length to 800 Meters\n \n\n\n Drill hole AN-25-08, drilled on Section...