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First Atlantic Nickel Corp FANCF


Primary Symbol: V.FAN

First Atlantic Nickel Corp., formerly Avante Mining Corp., is a mining exploration company. The Company is focused on developing high-value geographically significant projects, including the Pipestone Project and the Voisey's West Project. The Pipestone Project represents the awaruite projects, which are a focus in the development of large-scale bulk tonnage nickel targets. The Pipestone Project covers over 40 kilometers (km) of strike securing the majority of the nickeliferous Pipestone ophiolite ultramafic complex. The project is located in central Newfoundland. The Voisey's West Project is located about 50 km northwest of Voisey's Bay Ni-Cu-Co (nickel-copper-cobalt) mine and 70 km west of the town of Nain, in Newfoundland and Labrador, Canada. The LMSL Project is located about 20 km north of Merritt, British Columbia, Canada. The Blackdome Project is located in the Clinton Mining Division about 120 km southwest of the city of Williams Lake, British Columbia, Canada.


TSXV:FAN - Post by User

Post by calicoon Aug 21, 2023 11:33am
197 Views
Post# 35597889

24 metres of visible sulfides

24 metres of visible sulfides

Avante Mining Cuts 24 Metres of Visible Sulfides at the Voisey's West Project

V.AVA

Vancouver, British Columbia--(Newsfile Corp. - August 21, 2023) - Avante Mining Corp. (TSXV: AVA) ("Avante" or the "Company"), is pleased to announce that it has intersected a 24-metre interval with visible sulfides and visually identified pentlandite, a nickel sulfide, at the Company's Voisey's West nickel project (the "Voisey's West" or the "Project"). The Project is located in the same intrusive complex as the nearby Voisey's Bay mine and 70km west of the town of Nain, Labrador, Canada.

Highlights

  • First drilling into new zone visually identified nickel sulfide in pyrrhotite, 30 metres north of the northernmost drill intersection with significant sulfides to date.
  • 2.5km trend containing multiple high-grade nickel zones.
  • 340 meters north of drillhole intersection showing 14 metres at 1.02% nickel, 0.51% copper and 0.03% cobalt (08-AA-60).
  • 950 meters north of drillhole intersection showing 5 metres at 1.28% nickel, 0.52% copper, and .03% cobalt (08-LP-55).
  • Multiple targets remain open for expansion and show potential for additional new discoveries.
  • Magmatic nickel sulphide style of mineralization, similar to Voisey's Bay.

Adrian Smith, CEO of the Company commented, "With this new discovery, we have validated our structural and geophysical exploration model and are excited to continue with further drilling on this and additional untested targets."

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