First Atlantic Secures Major Nickel Project in Newfoundland

ArcPacific Resources Corp (TSE:FAN) has released an update.

First Atlantic Nickel Corp. has successfully acquired complete ownership of the Atlantis Nickel Project in Newfoundland, which spans over 13,675 hectares and shows promise for a significant ultramafic nickel system. The area, with historical assays indicating high mineral content, benefits from strong infrastructure, including nearby highways and power lines. The company is gearing up for a comprehensive exploration program, supported by the Newfoundland & Labrador government’s financial aid through the JEA program.

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