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ArcPacific Resources Corp ( (TSE:FAN) ) just unveiled an update.
First Atlantic Nickel Corp. has announced significant progress in its Phase 2X drilling program at the RPM Zone within the Pipestone XL Nickel Alloy Project in central Newfoundland. The drilling has expanded the lateral width of awaruite mineralization across a newly defined 4-kilometer target area, with notable results from holes AN-25-09 and AN-25-10. These developments confirm continuous mineralization, with sections S1 and S2 showing approximately 750 meters in lateral width, and section S3 expanding to 500 meters. The program’s success highlights the potential for further expansion and positions the company to enhance its resource base, which could positively impact its market positioning and stakeholder interests.
More about ArcPacific Resources Corp
Average Trading Volume: 269,416
Technical Sentiment Signal: Hold
Current Market Cap: C$18.97M
Learn more about FAN stock on TipRanks’ Stock Analysis page.