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ArcPacific Resources Corp ( (TSE:FAN) ) just unveiled an announcement.
First Atlantic Nickel Corp., a company focused on nickel exploration, has announced significant progress in its RPM Zone within the Atlantic Nickel Project in Newfoundland. The latest drilling results from the Phase 1 program have extended the mineralized strike length by 400 meters, confirming a 400-meter by 500-meter mineralized footprint with an average of 0.23% nickel. The commencement of Phase 2 drilling aims to explore further extensions, indicating potential for substantial expansion and reinforcing the district-scale potential for nickel discoveries within the 30-kilometer ultramafic ophiolite trend.
More about ArcPacific Resources Corp
Average Trading Volume: 334,948
Technical Sentiment Signal: Buy
Current Market Cap: C$21.29M
For a thorough assessment of FAN stock, go to TipRanks’ Stock Analysis page.