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The latest announcement is out from ArcPacific Resources Corp ( (TSE:FAN) ).
First Atlantic Nickel Corp., a mining company focused on nickel-alloy exploration, has announced a substantial expansion of its drilling operations at the RPM Zone within the Atlantic Nickel Project in Newfoundland. The completion of Phase 1 drilling, which revealed extensive visible awaruite nickel-alloy mineralization, sets the stage for a fully funded Phase 2 exploration. The company aims to expand the RPM Zone’s boundaries significantly, leveraging the recent $3 million strategic funding round and the construction of an access road to facilitate increased drilling activities.
More about ArcPacific Resources Corp
YTD Price Performance: 36.36%
Average Trading Volume: 507,795
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$25.74M
For a thorough assessment of FAN stock, go to TipRanks’ Stock Analysis page.