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First Atlantic Nickel Secures Permits for Expanded Drilling at Atlantic Nickel Project
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First Atlantic Nickel Secures Permits for Expanded Drilling at Atlantic Nickel Project

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ArcPacific Resources Corp ( (TSE:FAN) ) has issued an announcement.

First Atlantic Nickel Corp. has announced the acquisition of necessary permits for Phase 2 of its drilling program at the Atlantic Nickel Project in Newfoundland. This phase is set to expand the RPM Zone’s nickel mineralization, with preparations and construction of access infrastructure already underway. The initiative underscores the project’s potential for substantial resource development, positioning the company to enhance its exploration and development efforts effectively.

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’s primary project is the Atlantic Nickel Project in Newfoundland, where it aims to uncover substantial nickel mineralization suitable for commercial mining.

YTD Price Performance: -15.91%

Average Trading Volume: 674,584

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$15.64M

For a thorough assessment of FAN stock, go to TipRanks’ Stock Analysis page.

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