Now drilling 3000-5000m. 30 km Nickel trend. • Drilling under way: Testing multiple large-scale, widely spaced, new high-priority nickel targets that have never been drilled;
• New discoveries: A recent summer sampling program at 200-plus outcrops identified both new and expanded awaruite nickel-alloy zones across the 30-kilometre trend;
• Significant scale potential: Multiple target areas showing large geophysical and geochemical footprints suggest the potential to host several mineralized systems with potential volumes ranging from 500 million to over one billion tonnes
First Atlantic Nickel Corp. has closed a non-brokered private placement, led by a strategic investor, of 9,928,571 flow-through shares issued at a price of 21 cents per flow-through share for aggregate gross proceeds of $2,084,999.91.