First Atlantic’s AN-25-06 hit 447.35m at 1.27% Ni, 1.69% Cr (mag conc), expanding RPM Zone eastward; recovery up to 81.4% via DTR.
Related Questions
How will the initial phase 2 drill results affect First Atlantic Nickel's (FAN) share price in the short term?
What does the 1.27% Awaruite nickel alloy grade over 447 meters indicate about the overall resource potential compared to previous drill results?
How does the expansion of the RPM Zone eastward impact the company's future mining plan and reserve estimates?
What are the potential risks or uncertainties associated with further drilling phases or resource delineation in the RPM Zone?
Will the presence of 1.69% chromium in the magnetic concentrate affect the marketability or pricing of the nickel product?
How might this news influence demand from downstream nickel alloy consumers, particularly those seeking awaruite (Ni₃Fe) alloys?
How could this drill result impact the company's future financing needs or capital allocation decisions?
What are the implications of the reported 81.4% recovery rate via DTR on the project's economics and processing costs?
How does First Atlantic's nickel grade and recovery compare to other nickel producers in the region and globally?
What is the expected timeline to move from drilling to production, and how might this influence market expectations for nickel supply?