First Atlantic Nickel Corp V.FAN

Alternate Symbol(s): FANCF

Energy

First Atlantic Nickel Corp. is a Canadian mineral exploration company developing the 100%-owned Atlantic Nickel Project, a large-scale nickel deposit strategically located near existing infrastructure in Newfoundland, Canada. The Project's nickel occurs as awaruite, a natural nickel-iron alloy containing approximately 77% nickel with no-sulfur and no-sulfides. Its Voisey's West project is located about 50 kilometers (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 property consists of about14 cells located near the town of Nain, Newfoundland and Labrador. The Company has a 100% interest of Lucky Mike property. It has the option to acquire a 100% interest in the Blackdome mineral property and Rey Lake Property. Its Atlantis Project totals approximately 13,675 hectares (ha). It also has the option to acquire a 100% interest in Pipestone Property-SSAF and Pipestone South Property.

TSXV:FAN - Post by User

First Atlantic Nickel Corp

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Post by geolteacheron Nov 12, 2024 10:40pm

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Post# 36309466

1st two holes looking great

visual results of cores from first hole into each of two targets were in news releases Oct 29 and Nov 11.
Visible awaruite present in core from both holes.
Awaruite doesn't need to be smelted, and doesn't produce sulfide wastes, unlike other Ni sources.

excellent discussions on ceo.ca

$FAN is the same kinda mineralogy and processing as FPX Nickel ($FPX) in BC. FPX's been stuck in First Nation limbo for a year or more now.

$FAN in New Brunswick. year round drilling, and the crazy BC ministries and wild card are absent. Way more potential to appreciate quickly compared to FPX.

market cap is like $15M.

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