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ArcPacific Resources Corp ( (TSE:FAN) ) has shared an update.
First Atlantic Nickel Corp has renamed its flagship project to Pipestone XL, reflecting its complete ownership of the 30-kilometer Pipestone Ophiolite Complex. This renaming underscores the district-scale potential of the project, which includes multiple zones of nickel alloy mineralization and emphasizes its clean energy potential. The company has launched the RPM Phase 2X drilling program to double the strike length and expand the width of mineralization, building on the successful Phase 1 results. The project benefits from strategic infrastructure and simplified processing, aligning with North American critical mineral supply chain goals.
More about ArcPacific Resources Corp
First Atlantic Nickel Corp operates in the mining industry, focusing on the exploration and development of nickel and chromium resources. The company is primarily involved in the extraction of awaruite (Ni3Fe) nickel alloy mineralization, with a market focus on advancing clean energy potential and contributing to North American critical mineral supply chain independence.
Average Trading Volume: 206,135
Technical Sentiment Signal: Sell
Current Market Cap: C$15.17M
Learn more about FAN stock on TipRanks’ Stock Analysis page.