FANCF

First Atlantic Nickel & Cobalt Corp., formerly First Atlantic Nickel Corp., is a Canada-based critical mineral exploration company in Newfoundland and Labrador developing the Pipestone XL Nickel-Cobalt Alloy Project. The project spans the entire 30-kilometer Pipestone Ophiolite Complex, where multiple zones, including RPM, Alloy Max, Super Gulp, Atlantic Lake, and Chrome Pond, contain awaruite, a naturally occurring magnetic nickel-iron-cobalt alloy of approximately 77% nickel with no-sulfur and no-sulfides, along with secondary chromium mineralization. The Pipestone Ophiolite Complex is a continuous belt of ultra mafic rocks enriched in nickel, cobalt and chromium. The Pipestone Ophiolite Complex's harzburgite and dunite (peridotite) composition creates the geological conditions required to form awaruite. Awaruite is a source of production for the stainless steel, electric vehicle, aerospace, and defense industries.