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The latest announcement is out from ArcPacific Resources Corp ( (TSE:FAN) ).
First Atlantic Nickel Corp., a company engaged in nickel exploration, announced significant results from its Phase 2X drilling at the Pipestone XL Nickel Alloy Project in Newfoundland. The drilling has doubled the confirmed strike length of the RPM Zone to 800 meters within a newly expanded 4-kilometer target area. This expansion highlights the large-scale potential of the project, with all drill holes confirming magnetically recoverable awaruite nickel mineralization. The results refine the company’s understanding of the mineralized system, optimizing future drilling strategies and reinforcing the district-scale nature of the project.
More about ArcPacific Resources Corp
Average Trading Volume: 256,018
Technical Sentiment Signal: Buy
Current Market Cap: C$22.76M
See more insights into FAN stock on TipRanks’ Stock Analysis page.