# First Atlantic Nickel Reports Highest Awaruite \(Nickel-Iron-Cobalt Alloy\) DTR Grades and Recovery to Date From Expansion Drilling at Pipestone XL Nickel Alloy Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/first-atlantic-nickel-reports-highest-awaruite-nickel-iron-cobalt-alloy-dtr-grad--a88ea94d-1f8f-4486-a7e5-fbc6e4bc6245

Original source: https://finance.yahoo.com/news/first-atlantic-nickel-reports-highest-110700849.html

Publisher: yahoo\_press

Original announcement: 2025-12-02T11:07:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: First Atlantic Nickel Corp.

- Ticker: FAN

- Exchange: TSXV

- Region: Newfoundland and Labrador

- Primary commodity: Nickel

- Secondary commodities: Cobalt, Iron ore

- Document categories: Metallurgy

- Extracted: 2026-08-21 04:07:41 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

First Atlantic Nickel has reported its highest Davis Tube Recovery \(DTR\) nickel grades and magnetic concentrate performance to date from expansion drilling at the Pipestone XL project. The results from hole AN-25-10 demonstrate high-grade awaruite \(nickel-iron-cobalt alloy\) within the RPM Zone.

Reasoning: The announcement reports record-breaking Davis Tube Recovery \(DTR\) grades and performance for the nickel-iron-cobalt alloy at the Pipestone XL project.

- Positive factor: highest DTR grades to date

- Positive factor: improved magnetic concentrate performance

Facts used in scoring: 1

## Classification and evidence

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: The company reports its highest DTR grades and magnetic concentrate performance to date.

Evidence · text

> Delivers Highest DTR Nickel Grade and Magnetic Concentrate Performance

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Metallurgical Results (1)

### Davis Tube Recovery \(DTR\)

[Link to this fact](https://atlas-staging.minestarters.com/news/first-atlantic-nickel-reports-highest-awaruite-nickel-iron-cobalt-alloy-dtr-grad--a88ea94d-1f8f-4486-a7e5-fbc6e4bc6245#fact-metallurgical-facts-0)

nickel

#### Identity

- Commodity: nickel
- Ticker: FAN

#### Test Work

- Program Status: optimization
- Test Type: Davis Tube Recovery \(DTR\)
- Sample: Hole AN-25-10 RPM Zone DTR metallurgical test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-02T00:00:00.000Z

Reasoning: Reported as the highest DTR nickel grade achieved to date at the project.

- Positive factor: highest DTR nickel grade to date

Evidence · text

> Hole AN-25-10 Delivers Highest DTR Nickel Grade

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.