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First Atlantic Nickel Phase 2X Drilling Expands Lateral Width of Awaruite Nickel Alloy Mineralization Along Sections S1 and S3 at RPM Zone Within Newly Expanded 4-Kilometer Target
Globenewswireยท 2025-11-03 11:01
Core Insights - First Atlantic Nickel Corp. has reported significant visual drilling results from Phase 2X holes AN-25-09 and AN-25-10 at the RPM Zone, confirming substantial lateral widths of awaruite mineralization across multiple sections [1][2][5] Drilling Results - Hole AN-25-10 intersected 233 meters of strong, visually disseminated, large-grain awaruite mineralization, extending the eastern strike length of Section S1 by approximately 200 meters from the best previous results [5][7] - Hole AN-25-09 successfully intersected 480 meters of visibly disseminated, large-grain awaruite mineralization, expanding the mineralization width to approximately 500 meters on Section S3 [9][10] - Combined results from Sections S1 and S2 confirm continuous awaruite mineralization over approximately 750 meters in lateral width within the newly defined 4-kilometer strike length target area [5][10] Mineralization Characteristics - Approximately 3 kilometers of drill core have returned positive magnetically recoverable nickel results, averaging 1.30% nickel in magnetic concentrate with a 9.12% mass pull, yielding an average of 0.12% DTR nickel [3][6][11] - The presence of abundant magnetite in drill cuttings is an encouraging indicator, as awaruite commonly forms alongside magnetite during serpentinization, suggesting continued mineralization potential [2][8] Future Drilling Plans - The Phase 2X drilling program will be expanded to target the northern extension beyond holes AN-25-08 and AN-25-09 on Section S3, as well as the high-priority eastern target area where AN-25-10 ended in mineralization [12][14] - Additional drilling is planned to test further east along Section S1 and systematically step out to the north past Section S3, with multiple holes currently targeting both areas [12][14] Awaruite Characteristics - Awaruite is a naturally occurring nickel-iron-cobalt alloy with approximately 75% nickel, allowing for smelter-free magnetic separation and concentration, which could strengthen North America's critical minerals supply chain [32][41] - The sulfur-free nature of awaruite eliminates the need for secondary processing methods typical of sulfide or laterite nickel ores, reducing environmental impacts and permitting challenges [33][41]