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.
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Brief Summary
First Atlantic Nickel Corp. has shared promising results from its ongoing exploration at the Pipestone XL Nickel Alloy Project. The recent Davis Tube Recovery tests from drill hole AN-25-08 indicate a magnetic concentrate averaging 1.35% nickel across the 480 meter hole, showcasing significant potential.
- Average mass pull: 8.79%
- Magnetically recoverable nickel grade: 0.12%
- Pipestone XL Project: actively exploring new resources
- RPM Zone: now expanding with 800 meters of target
Why it matters: These results not only demonstrate the potential for increased nickel production at First Atlantic’s projects but also reinforce the company’s strategic expansion in key areas, positioning it favorably within the competitive market.
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