First Atlantic Nickel & Cobalt drills Alloy Max South discovery hole at Pipestone XL project in Newfoundland

Bitget2026/10/13 11:05

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First Atlantic Nickel & Cobalt reported a new discovery at its Pipestone XL nickel-cobalt alloy project in Newfoundland’s Alloy Max South Zone.
Discovery hole XL-26-18 hit abundant visible awaruite within about 35 meters of surface; drilling stopped at about 40 meters in faulted ground.
Mineralization remains open at depth; follow-up hole XL-26-19 will test below the termination point from a new collar.
Step-out hole XL-26-17 extended Alloy Max North; awaruite grains reached 549 microns at 351 meters, a zone record.
Alloy Max drilling now spans about 2.4 km of strike, more than 1 km of width; $13.4 million raised since September 2026 supports expanded drilling.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Atlantic Nickel & Cobalt Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610130700PRIMZONEFULLFEED9844454) on October 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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First Atlantic Nickel & Cobalt drills Alloy Max South discovery hole at Pipestone XL project in Newfoundland

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