Insidexploration Analytics Inc.’s Post

View profile for Insidexploration Analytics Inc., graphic

Multimedia and due diligence database

🇨🇦 ⛏️ First Atlantic Nickel Corp. (TSX-V: FAN) RECEIVES DRILLING PERMITS OVER MULTIPLE AWARUITE NICKEL ZONES ALONG 30 KM DISTRICT TREND Highlights: 🔹Drill permits granted for 26 sites covering multiple awaruite nickel zones within a 30 km trend. 🔹5,000 meter multi-zone drill program planned to begin this summer. 🔹Road upgrades will improve access, reduce project costs and maximize drilling on key target areas. 🔹World nickel expert and awaruite specialist, Dr. Ron Britten, to aid exploration and development. 🔹21,850 hectare land position covers the entire 30 km trend of the Pipestone Ophiolite Complex with unique awaruite nickel. 🔹Awaruites’ (nickel-iron alloy) unique properties enable simpler, environmentally safe processing without smelting, requiring less energy and chemicals while producing high-grade nickel concentrates within North America. “With drilling permits in place and the exploration capital secured, we can focus on our objective to prove the potential for a district scale awaruite nickel project”, said Adrian Smith, CEO of First Atlantic. “Awaruite is a unique, naturally occurring nickel-iron alloy that offers significant advantages over traditional nickel sources. Its sulfur-free composition allows for processing without smelting, reducing our reliance on foreign countries that control smelting operations. By utilizing simple magnetic separation and flotation technologies, we can produce a high-grade nickel concentrate right here in North America, using fewer chemicals and less energy than conventional methods. This approach not only makes awaruite processing more environmentally friendly but also positions us to supply critical minerals to North American EV and stainless steel sectors, strengthening our domestic supply chains. At First Atlantic, we’re excited about the potential of awaruite to revolutionize nickel production, offering a cleaner, more sustainable path forward for the industry.” 📈 TSX-V: FAN - OTC: FANCF 📈 #Nickel #Exploration #Newfoundland #Labrador #Canada #Nickelmining #Basemetals #CriticalMinerals #BatteryMetals #Miningstocks #Nickelstocks #Stockstowatch #Smallcapstocks #Stockmarketinvesting #Investments #Investors #Nickelinvestment #TSXV #Stocks #Resource #Investing #Juniormining #FAN #FANCF For more information visit ⬇️ https://lnkd.in/gFcQwBfz

To view or add a comment, sign in

Explore topics