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Fathom Nickel Confirms Extension of Historic Rottenstone Deposit and Intersects New Discovery Hole
Completes 9-hole, 1,232 metre Winter Drill Program at Albert Lake Nickel, Copper, Cobalt, PGE Sulphide Project in Saskatchewan. Drilling confirms Rottenstone Ex
About this update from Fathom Nickel, Inc.
[{"type":"text","content":" Completes 9-hole, 1,232 metre Winter Drill Program at Albert Lake Nickel, Copper, Cobalt, PGE Sulphide Project in Saskatchewan. Drilling confirms Rottenstone Extension including 18.1 g/t Pt over 1.01m (7.22% NiEq) a minimum 40m southwest extension to historic high-grade Ni-Cu-Co + PGE Rottenstone deposit. Drilling intersected significant ultramafic mineralization at the Island Showing Area, 550 metres northwest of historic Rottenstone deposit (drilled from lake ice). Borehole EM survey in discovery drillhole at the Island Showing Area , together with subsequent modelling indicates a plunging body, increasing in conductivity south of the drillhole, potentially indicative of increased mineralization in a southerly direction. Completes heliborne high-resolution gradient magnetic survey consisting of over 9,000 line-km. Calgary, Alberta--(Newsfile Corp. - June 7, 2021) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (the \"Company\" or \"Fathom\"), announces completion of 9-hole, 1,232 metre winter drill program at Albert Lake Nickel, Copper, Cobalt, PGE Sulphide Project in Saskatchewan (the \"Q1-2021 Program\"). The Q1-2021 Program resulted in (1) confirming an extension to the historic Rottenstone deposit (the \"Rottenstone Extension\"); (2) discovery of new ultramafic mineralization 550m northwest of the historic, high-grade Nickel, Copper, Cobalt + PGE Rottenstone Mine (the \"Island Showing Area Discovery\"); and (3) completion of a high-resolution gradient magnetic survey consisting of over 9,000 line-km (the \"Airborne Survey\"). In addition, Fathom will be commencing its summer field program on June 15, 2021 with a drill program planned and expected to commence the last week of August (the \"Summer/Fall 2021 Exploration Program\"). The brief Q1-2021 Drill Program was designed around two primary objectives: (1) to confirm the south-southwest extension of the historic Rottenstone deposit (the possibility of a southwest extension was initially identified during a drilling campaign completed in 2016); and, (2) to drill and test the high priority Island Showing target area. \"We are very pleased that the Q1-2021 drill program accomplished both of our primary objectives,\" said Brad Van Den Bussche, Fathom's President & CEO. \"We have confirmed, through our geotechnical data compilation initiatives and drilling south of the Rottens...