08:45 AM EDT, 05/14/2025 (MT Newswires) -- First Atlantic Nickel ( FANCF ) provided Wednesday assay results from the fourth and final hole of the phase one drilling program at the RPM Zone within its Atlantic nickel project in Newfoundland.

Highlights include 396 meters grading 0.23% nickel and 0.29% chromium, starting after 6 meters of overburden and continuing to the end of the hole.

The results confirmed an initial 400-meter north-south mineralized strike length of near surface mineralization, the company said.

Meanwhile, First Atlantic said Sang Goo Kim and Ken Chung did not stand for reelection to the board.

The company's share price gained 2.2% on Tuesday to $0.24 on the TSXV.