First Atlantic Nickel & Cobalt to Showcase Awaruite Nickel-Cobalt Alloy (Ni-Fe-Co) as an Official Exhibitor at Critical Minerals for Defence 2026 in Toronto - A Solution to Onshoring North American Critical Minerals by Bypassing Midstream SmeltingGRAND FALLS-WINDSOR, Newfoundland and Labrador, June 05, 2026 (GLOBE NEWSWIRE) -- First Atlantic Nickel & Cobalt Corp. (TSXV: FAN | OTCQB: FANCF | FSE: P21) ("First Atlantic" or the "Company") is pleased to announce that it will participate as an official exhibitor at Critical Minerals for Defence, taking place on June 9 to 10, 2026, at the Marriott Downtown CF Toronto Eaton Centre. At its booth, the Company will showcase drill core and various samples of awaruite (Ni₃Fe), a naturally occurring magnetic nickel-iron-cobalt alloy, from its wholly owned Pipestone XL Nickel-Cobalt Alloy Project. Company personnel will be available throughout the conference to meet with government representatives, defence and industrial buyers, strategic partners, shareholders, and investors. As announced on May 21, 2026, electron microprobe analysis confirmed awaruite at the Company's RPM Zone averages 77.62% nickel and 1.69% cobalt.
First Atlantic Nickel Receives Supplemental Exploration Permit Authorizing Drilling and In-Ground Wellbore Injection to Advance Stimulated Geologic Hydrogen Initiative at the Pipestone XL Nickel-Cobalt Alloy Awaruite Project in NewfoundlandGRAND FALLS-WINDSOR, Newfoundland and Labrador, May 28, 2026 (GLOBE NEWSWIRE) -- First Atlantic Nickel & Cobalt Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) ("First Atlantic" or the "Company") is pleased to announce that it has received a supplemental exploration permit from the Government of Newfoundland and Labrador, Department of Industry, Energy and Technology, Mineral Lands Division, supplementing its existing drilling programs. The supplemental permit authorizes wellbore water injection with additional drilling for rock formation integrity testing, along with ground geophysics, at its wholly owned Pipestone XL Nickel-Cobalt Alloy Project, where the Company's primary focus remains the exploration and development of awaruite (Ni₃Fe), a naturally occurring nickel-iron-cobalt alloy and the project's primary mineral of economic interest.
First Atlantic Nickel & Cobalt Reports Electron Microprobe Analysis Returning 77.62% Nickel and 1.69% Cobalt in Awaruite at the RPM Zone, Pipestone XL Project: a Rare, Naturally Magnetic (Ni-Fe-Co) High-Grade Alloy Mineralogically Capable of BypassingGRAND FALLS-WINDSOR, Newfoundland and Labrador, May 21, 2026 (GLOBE NEWSWIRE) -- First Atlantic Nickel & Cobalt Corp. (TSXV: FAN | OTCQB: FANCF | FSE: P21) (the "Company" or "First Atlantic") is pleased to announce that electron microprobe analysis conducted by SGS Canada in Lakefield, Ontario, as part of the Company's ongoing metallurgical program, has confirmed the high-grade nickel and cobalt content of the awaruite mineralization (Ni-Fe-Co Alloy) in the RPM Zone at its wholly owned Pipestone XL Project. The awaruite (Ni3Fe) averages 77.62% nickel and 1.69% cobalt, with peak grades of 86.68% nickel and 6.05% cobalt, based on 33 microprobe analyses of a master composite sample comprising 32 individual samples over 96 meters of drill core from AN-24-02 (258 m to 354 m) (the "Master Composite"). The analysis also determined that the source mineral for the chromium previously reported at the RPM Zone is chromite, grading 60.2% Cr₂O₃. Given the high grade of the RPM Zone chromite, the Company is now evaluating potential metallurgical processes to separate, concentrate, and process chromite.
