Hole AN-25-10 Delivers Highest DTR Nickel Grade and Magnetic Concentrate Performance at RPM Zone; Company Plans to Announce Additional Drilling Around Hole 10 with Optimized Drilling Designed to Continue Eastward Expansion Toward Chrome Pond GRAND FALLS-WINDSOR, Newfoundland and Labrador, Dec. 02, 2025 (GLOBE NEWSWIRE) — First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) (“First Atlantic” or the “Company”) is pleased to announce Davis Tube Recovery (“DTR”) metallurgical results from Phase 2X drill holes AN-25-09 and AN-25-10 at the RPM Zone within its Pipestone XL Nickel Alloy Project in central Newfoundland. Hole AN-25-10 has returned the highest magnetically recoverable nickel grades and recovery to date at the RPM Zone, averaging 0.15% DTR Ni over 228 meters from 0.22% total nickel, with 68.62% magnetic recovery.
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Brief Summary
First Atlantic Nickel Corp. has reported outstanding Davis Tube Recovery (DTR) results from its Pipestone XL Nickel Alloy Project, showcasing the potential for further growth.
- Hole AN-25-10: Delivered highest nickel grade averaging 0.15% DTR Ni.
- Magnetic Recovery: Achieved an impressive 68.62% recovery rate.
- Drilling planned around Hole 10 to expand operations eastward towards Chrome Pond.
Why it matters: This success signifies a pivotal advancement in First Atlantic’s exploration strategy, potentially enhancing shareholder value.
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