First Atlantic Nickel Corp V.FAN

Alternate Symbol(s): FANCF

Energy Metals & Mining Industrial Metals & Minerals

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 75% nickel with no-sulfur and no-sulfides. The Project totals 21,850 hectares of wholly owned land, featuring multiple mineralized zones, and covers almost entire Pipestone Ophiolite Complex. Its Voisey's West project is located in the Churchill Province of Labrador and consists of Nickel-Copper-Cobalt-platinum-group elements (PGE) mineralization. Its Atlantis Project totals 13,675 hectares and covers a large ultramafic complex of potential mantle source, known as the St. Anthony Complex and White Hills. The Company also owns 100% interest in mining license 038152M, consisting of 12 mineral claims located in central Newfoundland, known as the RPM South claims.

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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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