First Atlantic Nickel Reports Promising DTR Results from RPM Zone

An announcement from ArcPacific Resources Corp ( (TSE:FAN) ) is now available.

First Atlantic Nickel Corp. announced promising Davis Tube Recovery (DTR) metallurgical test results from its RPM Zone, revealing a magnetic concentrate averaging 1.32% nickel and 1.95% chromium over a 216-meter drill hole. The results indicate potential for a smelter-free metallurgical process, which could enhance the North American nickel supply chain by reducing reliance on foreign smelters. The discovery of a fault zone with increased nickel grades suggests further expansion opportunities, potentially strengthening the company’s position in the nickel mining industry.

More about ArcPacific Resources Corp

First Atlantic Nickel Corp. operates in the mining industry, focusing on the exploration and development of nickel resources. The company is engaged in the Atlantic Nickel Project located in central Newfoundland, aiming to contribute to the North American critical minerals supply chain.

YTD Price Performance: 4.55%

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Technical Sentiment Signal: Hold

Current Market Cap: C$20.79M

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