Core Viewpoint - Fathom Nickel Inc. has announced an upsized private placement financing of up to C$3,750,000 due to strong demand, alongside a planned drilling program at the Gochager Lake project to explore favorable geological conditions [1][2]. Financing Details - The upsized offering will consist of charity flow-through units priced at C$0.048 and hard dollar units at C$0.031 [1]. - Crescat Capital LLC has committed to invest at least 10% of the upsized offering [1]. Drilling Program - A 3,000-4,000 meter diamond drilling program is set to commence in mid to late February 2026 at the Gochager Lake project [1][6]. - The program aims to drill a minimum of 10 holes to test areas with favorable geology and geochemistry along the historic Gochager Lake deposit [2][6]. Geological Insights - Recent surface work has expanded the geological footprint of the Gochager Lake deposit, with mineralized gabbro identified up to 3.5 km northeast of the historic deposit [2]. - The exploration will focus on areas with robust multi-element soil geochemical anomalies to understand the underlying geology [2][11]. Ni-tenor and Mineralization - Ni-tenor values at the Gochager Lake deposit range from 2% to 5%, with outcrop samples showing values between 4.23% and 4.79% [5][6]. - The drilling will target high-grade Ni-Cu-Co sulphide mineralization zones, particularly in areas where Ni-tenor exceeds 3% [6][20]. Exploration Strategy - The company will utilize borehole electromagnetic (BHEM) surveys to identify zones of conductivity off the drillhole trace, which have previously indicated high-grade mineralization [6][11]. - Existing BHEM and historical survey results will inform the drillhole design and targeting process [11]. Company Overview - Fathom Nickel Inc. is focused on magmatic nickel sulphide discoveries to support North American critical mineral supply and the global green energy transition [14]. - The company has three exploration projects in the Trans Hudson Corridor, including the Gochager Lake project, which hosts the historic Gochager Lake deposit [14][15].