Fathom Announces Completion of Gochager Lake Winter Trail and Expected Start of Winter Drill Program

Core Viewpoint - Fathom Nickel Inc. has successfully completed the winter trail and is set to begin a drilling program at the Gochager Lake project, targeting a total of 3,000 to 4,000 meters of drilling starting in early March 2026 [1][2]. Company Developments - The CEO of Fathom Nickel, Ian Fraser, highlighted the efforts of field crews in establishing the winter trail despite challenges from warm weather and wildfires [2]. - The drilling will focus on the 'Camp' multi-element soil/rock geochemical anomaly, located 1.5 km from the historic deposit, and will also explore the strike extension of the historic deposit towards Scurry Lake [2]. - The company is fully funded for the drilling program, with plans to complete it by late May or early June 2026 if not finished by mid-April [2]. Geological Insights - The Gochager Lake deposit exhibits Ni-tenors ranging from 2% to 5% within various styles of sulphide mineralization in gabbroic and ultramafic rock [4]. - The soil geochemical anomalies indicate a trend exceeding 8 km, with significant nickel, copper, and cobalt values, suggesting the presence of subsurface mafic-ultramafic rock [7]. - Initial drill target areas have been identified, including: - Area A: The Camp anomaly with a >900 m long multi-element soil geochemical anomaly [7]. - Area B: Gochager East Extension Anomalies covering >500 m along strike east-northeast of the Gochager Lake deposit [7]. - Area C: The North Gochager Lake Anomaly, which has the highest Ni in-soil geochemical anomaly recorded at 1650 ppm Ni [7]. - Area D: The Wolf Lake Anomaly, a standalone multi-element soil anomaly measuring 1500 m x 400 m [7]. Exploration Strategy - Fathom Nickel is utilizing a portable Vanta™ XRF Analyzer for real-time lithogeochemical data collection during exploration activities [10]. - The company aims to delineate the target as a mineral resource through further exploration, having already drilled 16 holes totaling 5,549 meters into the historic Gochager Lake deposit [17].