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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

First Atlantic Nickel Advances Drilling at Pipestone XL | GlobeNewsWire

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.

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Brief Summary

First Atlantic Nickel Corp. has recently expanded its Phase 2X drilling program at the Pipestone XL Nickel Alloy Project by adding four new drill holes, designated AN-25-11 to AN-25-14. This strategic initiative aims to cover a strike length of 1.4 kilometers and a width of 850 meters at the RPM Zone, significantly enhancing the project’s potential for further nickel alloy recovery.

  • $2.5M investment into drilling activities.
  • Four new drill holes enhance exploration efforts.
  • Positive results from all ten previous discovery holes.
  • Focus on magnetically recoverable awaruite nickel alloy.

Why it matters: The expansion of drilling underscores First Atlantic Nickel’s commitment to harnessing valuable mineral resources, positioning the company for future growth and shareholder returns.

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