First Atlantic Nickel Corp. announces that it has closed its non-brokered private placement of flow-through common shares, issued without warrants, for aggregate gross proceeds of $2,619,316. In connection with the Offering, a strategic investor exercised its top-up rights under an Investor Rights Agreement, which entitles it to maintain an ownership interest in the Company of up to 9.99%. The Offering consisted of [...]
First Atlantic Nickel Corp. announces a fully allocated non-brokered private placement of flow-through common shares only, with no warrants, for aggregate gross proceeds of up to $2,944,780 from the sale of a combination of the following: Up to 4,971,219 charity flow-through common shares issued at a price of $0.2432 per CFT Share on a "flow-through" basis pursuant to the Income Tax Act ; and up to 8,265,618 flow-through [...]
The market for geologic hydrogen and carbon capture is burgeoning, with CCS revenues projected to hit $8.9B to over $50B, driven by climate goals, while geologic hydrogen is emerging as a low-cost, low-carbon source, attracting massive investment due to its potential for $0.50-$1/kg production costs, significantly below other clean hydrogen, promising huge future revenue streams by meeting top-tier tax credits and [...]
First Atlantic Nickel is pleased to announce it has entered into agreements to acquire a 100% interest in 18 mineral licenses comprising 500 mineral claims within the Blow Me Down and Lewis Hills massifs in the Bay of Islands Ophiolite Complex. The Company has branded this strategic land position as the "Ophiolite-X" project, recognizing its multi-commodity potential spanning geologic hydrogen, carbon capture and storage [...]
First Atlantic Nickel is pleased to announce the immediate addition of four drill holes to the Phase 2X drilling program at the RPM Zone within its Pipestone XL Nickel Alloy Project in central Newfoundland. This expansion follows the continued success of the drilling program, which has now confirmed magnetically recoverable awaruite nickel alloy in all ten RPM Zone discovery holes. The Company has maintained a 100 [...]
First Atlantic Nickel is pleased to announce Davis Tube Recovery metallurgical results from Phase 2X drill holes AN-25-09 and AN-25-10 at the RPM Zone within its Pipestone XL Nickel Alloy Project. Hole AN-25-10 has returned the highest magnetically recoverable nickel grades and recovery to date at the RPM Zone, averaging 0.15% DTR Ni over 228 meters from 0.22% total nickel, with 68.62% magnetic recovery. This is [...]
First Atlantic Nickel is pleased to announce its participation at Benchmark Mineral Intelligence's Benchmark Week 2025 conference, taking place Nov 18-20, 2025, in Los Angeles. The Company will participate in business development discussions throughout the event, showcasing how its Pipestone XL Nickel Alloy Project addresses the growing need for nickel and cobalt production that can be processed onshore in North America [...]
First Atlantic Nickel is pleased to announce its participation at the North American Stainless & Special Alloys Conference 2025, taking place Nov 6-7, 2025, in Nashville. The Company will participate in business development discussions throughout the event, showcasing how its Pipestone XL Nickel Alloy Project addresses the growing need for nickel, cobalt and chromium production that can be processed onshore in North [...]
First Atlantic Nickel is pleased to announce visual drilling results from Phase 2X holes AN-25-09 and AN-25-10 at the RPM Zone within its Pipestone XL Nickel Alloy Project. Phase 2X drilling continues to expand the lateral width of awaruite mineralization within the newly defined 4 km strike length target area announced Octo 21, 2025. Hole AN-25-10 returned 233 m of strong, visually disseminated, large-grain awaruite [...]
First Atlantic Nickel is pleased to announce Davis Tube Recovery metallurgical test results from drill hole AN-25-08, the seventh drill hole at the RPM Zone within its Pipestone XL Nickel Alloy Project. The DTR testing yielded a magnetic concentrate averaging 1.35% nickel over the entire 480 meter drill hole, with an average mass pull of 8.79%, resulting in an average magnetically recoverable nickel grade of 0.12% over [...]
First Atlantic Nickel Corp. is pleased to report that recent Davis Tube Recovery surface sampling and geological mapping has successfully expanded the RPM Zone target area to a continuous 4-kilometer strike length within the 30-kilometer nickel trend at its Pipestone XL Nickel Alloy Project in central Newfoundland. The new results extend the known mineralization footprint approximately 2 kilometers north of the previously [...]
First Atlantic Nickel is pleased to report that drill hole AN-25-08 intersected 491 meters of large grain, visibly disseminated awaruite mineralization at the RPM Zone within its Pipestone XL Nickel Alloy Project. This significant intersection on Line S3, is the first reported drill hole from this section and extends the RPM Zone strike length to 800 m north-south, doubling the strike length drilled during Phase 1 [...]