Core Insights - Fathom Nickel Inc. has announced an extension of the Gochager Lake deposit host rock, now mapped over a strike length of 3.5 kilometers, indicating significant potential for further discoveries of nickel-copper-cobalt mineralization [1][2][4] Exploration Results - The summer-fall geochemistry program has yielded positive results, with surface outcrops showing disseminated sulphide mineralization along a northeast linear trend [3][4] - A total of 684 outcrop chip samples were collected and analyzed on-site using portable X-ray fluorescence (pXRF), and 79 rock grab samples have been submitted for multi-element assay [4] Geological Significance - The Gochager Lake deposit is characterized by a steeply oriented mineralized variable-textured gabbro, with a thickness of up to 100 meters, containing significant mineralization including pyrrhotite, pentlandite, and chalcopyrite [8] - The mineralization is recognized along a 3.5 km strike length northeast of the historic deposit, with potential for further expansion [8][19] Future Exploration Plans - The company is compiling results from the summer soil geochemistry program and will release findings once complete, indicating ongoing exploration efforts [2][7] - The presence of untested borehole electromagnetic (BHEM) anomalies suggests additional exploration opportunities within the expanded container rock [6][8]

Core Viewpoint - Fathom Nickel Inc. has amended its upsized financing plan, which is expected to close on April 21, 2025, with the aim of raising gross proceeds of approximately $1.5 million through the issuance of units priced at $0.03 each [1][2][9]. Financing Details - The Amended Upsized Financing will consist of up to 27,470,958 Units under the LIFE exemption for gross proceeds of up to $824,128.74 and an additional 22,529,042 Units under other exemptions for gross proceeds of $675,871.26 [2]. - Each Unit will include one common share and one transferable common share purchase warrant, with the warrants exercisable at $0.05 for a period of 36 months [1][2]. Strategic Investment - Crescat Capital LLC has agreed to invest up to 33% in the Amended Upsized Financing, indicating strong interest from strategic investors [2]. Regulatory Compliance - The financing will be conducted under exemptions from prospectus requirements as per NI 45-106, and a new Amended Upsized Offering Document has been posted on SEDAR+ and the company's website [3][4]. Company Overview - Fathom Nickel Inc. is focused on exploring magmatic nickel sulphide deposits to support the electric vehicle market and secure North American critical minerals [7]. - The company holds three exploration projects in Saskatchewan, including the Albert Lake Project, Gochager Lake Project, and Friesen Lake Project, which have historical production and resource estimates [8].