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Fathom Announces Start-Up of the Gochager Lake Summer Field Exploration Program
Fathom RealtyFathom Realty(US:FTHM) Newsfileยท2025-07-21 11:54

Core Viewpoint - Fathom Nickel Inc. has commenced its summer field exploration program at the Gochager Lake Project, following a delay due to wildfires, with the aim of expanding on the successful 2024 field program [1][2][3] Group 1: Exploration Program Details - The summer field program includes establishing a 100m-spaced grid for future geophysical surveys and completing a 3.5 km trail from Weaver Lake Camp to Gochager Lake [3] - The geological crew will focus on mapping and prospecting areas northeast and southwest of the historic Gochager Lake deposit, with plans to collect approximately 4,000 B-horizon soil samples [3][4] - The program is expected to be completed within three weeks, with soil assays and findings reported as they become available [3][4] Group 2: Soil Geochemical Anomalies - Three significant multi-element soil geochemical anomalies have been identified: 1. Anomaly 1: A 600m x 150m feature with assay values >98th percentile Ni, with the highest sample at 973ppm Ni, also showing 295ppm Cu and 91ppm Co [3][4] 2. Anomaly 2: Located 1.5km north-northwest of Camp, with the highest value at 712ppm Ni, along with 76.4ppm Cu and 91.1ppm Co [3][4] 3. Anomaly 3: Found along the northern shore of Gochager Lake, with the highest value at 1,650ppm Ni, 116.5ppm Cu, and 373ppm Co [3][4] Group 3: Company Background and Objectives - Fathom Nickel Inc. is focused on exploring for magmatic nickel sulphide deposits to support the green energy transition and secure North American critical minerals [7] - The company holds a portfolio of three exploration projects in Saskatchewan, including the Gochager Lake Project, which has a historic non-compliant resource of 4.3 million tons at 0.295% Ni and 0.081% Cu [8][11]