VANCOUVER, British Columbia, Dec. 10, 2024 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) ("First Atlantic" or the "Company") is pleased to announce a significant expansion of the awaruite mineralization at the RPM Zone within its 100% owned, district-scale, 30 kilometer-long Atlantic Nickel Project in Newfoundland (the “Atlantic Nickel Project” or the “Project”).

Step-out drilling has intersected visibly disseminated, sulfur-free nickel-alloy (awaruite) mineralization across a width of approximately 500 meters, substantially increasing the width of the newly discovered RPM Zone. Large, elongated awaruite grains, measuring up to 1,000 microns, have been identified, underscoring the Project’s exceptional mineralization quality and potential. Highlights : Significant Expansion of RPM Zone: Step-out drilling has confirmed visually disseminated awaruite mineralization over a lateral width of approximately 500 meters, contained within serpentinized peridotite host rock.

There is potential for further expansion in both width and along the strike. RPM-DDH003: A 200-meter step-out hole, drilled eastward from RPM-DDH001, intersected 378 meters of core displaying visual nickel-alloy (awaruite) mineralization, thereby confirming an expansion of the mineralized zone to 500 meters wide. Throughout this interval, large awaruite grains ranging from 200 to 600 microns were observed, including large elongated grains up to 1,000 microns.

RPM-DDH.