ArcPacific Resources Corp.
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Adrian Allister Smith
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 789 West Pender Street Vancouver BC Canada V6C 1H2
- IPO Date
- Jan 20, 2021
- Website
- arcpacific.ca
- Similar Companies
- Business
- ArcPacific Resources Corp. ArcPacific Resources Corp. (TSXV: ACP; OTCQB: ACPRF), formerly known as part of the entity that transitioned to First Atlantic Nickel Corp. in 2024, engages in the identification, evaluation, acquisition, exploration, and development of mineral properties in Canada, focusing primarily on base and precious metals including nickel, copper, gold, silver, tungsten, and chromium. The company holds 100% interests or options on key projects such as the LMSL Copper-Gold-Silver Project in British Columbia's Quesnel Trough, renowned for copper-gold endowment; the Voisey's West Property (formerly TL Nickel) in Labrador with nickel-copper sulfide potential near Voisey's Bay; and the Pipestone Nickel Project (now integrated into the Atlantic Nickel Project) in central Newfoundland featuring a 30-kilometer ultramafic ophiolite trend hosting awaruite nickel mineralization at the RPM and Super Gulp Zones. Additional properties encompass the Rey Lake Property, Lucky Mike Mineral Property, Silver Lode Claims, Pipestone-SSAF, Pipestone South, Atlantis Nickel Project, and RPM South, targeting diverse mineral showings including pyrrhotite-chalcopyrite-pyrite zones with historical high-grade nickel up to 1.36% Ni and copper up to 1.53% Cu. Operations span British Columbia, Newfoundland and Labrador, and surrounding regions, serving exploration-stage advancement for potential economic deposits through drilling, geophysical surveys, metallurgical testing like Davis Tube Recovery yielding up to 1.37% nickel concentrates, and surface prospecting. Founded prior to its 2011 incorporation under British Columbia law with headquarters at Suite 1001, 1166 Alberni Street, Vancouver, British Columbia, the company maintains a portfolio emphasizing low-cost, district-scale opportunities in critical minerals. Recent developments include Phase 1 and Phase 2 drilling at the RPM Zone confirming 400m x 500m mineralized footprints with consistent 0.24% nickel grades and large-grained awaruite up to 1,000 microns; strategic acquisitions of adjacent claims like RPM South and 17,375 hectares adjoining Pipestone in March 2024; option agreements for Pipestone-SSAF and Voisey's West involving cash payments, share issuances totaling millions, and NSRs; financings such as $3 million debentures, $2.085 million flow-through shares, and charity flow-through raises; name changes to Avante Mining Corp. in May 2023 and First Atlantic Nickel Corp. in April 2024 alongside OTCQB uplisting to FANCF; infrastructure upgrades with roads, bridges, and core facilities; partnerships including Draganfly Inc. for drone exploration and Colorado School of Mines for geologic hydrogen; and grants like $150,000 from Newfoundland's Junior Exploration Assistance program, all enhancing nickel resource delineation and operational scalability within the last two years.
First Atlantic Nickel Launches New Website, Corporate Presentation and Provides an Update on DTC Eligibility and OTCQB Listing
First Atlantic Nickel Engages Public Relations Service Provider
First Atlantic Nickel Update and Announces Digital Marking Agreement
Avante Announces Name Change, New Ticker Symbol and Investor Relations Agreement
Avante Closes Acquisition of Mineral Licenses Adjoining Its Pipestone Project
Avante Announces Acquisition of 1446199 B.C. LTD.
Avante Mining Closes Option Agreement to Acquire Pipestone South Property
Avante Mining Provides Field Work Update on Pipestone Project and Announces Option Agreement for Pipestone South Property
Avante Closes Private Placement
Avante Mining Commences Field Work at Pipestone Property
Avante Mining Closes Option Agreement to Acquire Pipestone Awaruite Property
Avante Mining Announces Option Agreement to Acquire Pipestone Awaruite Property
Avante Mining Cuts 9 Metres at 1.12% Nickel and Intersects the Highest-Grade Nickel to Date at the Voisey's West Project
Avante Mining Identifies New Zone of High-Grade Nickel up to 1.9% Ni from Maiden Drill Program at Voisey's West
Avante Mining Hits Additional Sulfides Over 22 Metres at Voisey's West
Avante Mining Announced Debt Settlement and Option Grant
Avante Closes Flow-Through Private Placement