Workflow
Magmatic Nickel Sulphide Discoveries
icon
Search documents
Fathom Announces Completion of Gochager Lake Winter Trail and Expected Start of Winter Drill Program
TMX Newsfile· 2026-02-24 12:45
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].
Fathom Announces Completion of the Gochager Lake Summer Field Exploration Program and Further "Footprint" Expansion Along Strike
Newsfile· 2025-08-18 11:50
Core Insights - Fathom Nickel Inc. has completed its summer field exploration program at the Gochager Lake Project, despite a three-day interruption due to a lightning-induced wildfire [1][6]. Program Highlights - A total of 2,926 B-horizon soil samples were collected from 3,183 designated sites, along with 337 rock samples analyzed on-site for nickel, copper, cobalt, and other key elements [5]. - Approximately 90% of the intended soil geochemistry sampling coverage was completed, adding 3.5 km of coverage to the northeast and 2.5 km to the southwest [5]. - The total area covered by soil geochemistry now spans approximately 9 km in strike and 1-3 km in width, focusing on an interpreted structural corridor [5]. Mineralization Findings - Nickel in disseminated sulphide mineralization was detected approximately 1,200 m along strike of the historic Gochager Lake deposit, with additional findings of nickel in gabbroic and ultramafic rocks [5][7]. - The highest nickel-in-soil sample was collected approximately 800 m west-southwest of the historic Gochager Lake deposit [7]. Future Plans - The company anticipates interpreting the results of the soil and rock geochemistry program by mid-September, with plans for a geophysical survey to assess conductivity associated with newly discovered mineralized rocks [6][7]. - The exploration program aims to further define the nickel camp in north-central Saskatchewan, with ongoing efforts to expand the known mineralization footprint [6][15]. Company Overview - Fathom Nickel Inc. is focused on magmatic nickel sulphide discoveries to secure North American critical minerals and support the global green energy transition [15]. - The company holds a portfolio of three exploration projects in Saskatchewan, including the Gochager Lake Project, which has shown significant potential for nickel-copper-cobalt mineralization [16].