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Fathom Nickel Intersects 2.43% Nickel and 0.18% Cobalt over 18.10 Meters at Gochager Lake Property
Continuous nickel mineralization of 1.49% over a length of 58.2 meters, including intercepts as high as 2.95% over 4.2 meters. Impressive cobalt grades encounte
About this update from Fathom Nickel, Inc.
[{"type":"text","content":" Continuous nickel mineralization of 1.49% over a length of 58.2 meters, including intercepts as high as 2.95% over 4.2 meters. Impressive cobalt grades encountered throughout all zones of mineralization, including a 4.2-meter section grading 0.22%. Unexpected 3PE anomaly of 28.23 g/t over 0.7 meters in hole GL23003. BHEM results suggest a continuation of mineralization to depth and possibly along a greater strike extent than previously recognized. Numerous, robust off-hole BHEM conductors to be targeted in future exploration programs. Calgary, Alberta--(Newsfile Corp. - April 12, 2023) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the \"Company\" or \"Fathom\"), is pleased to announce assay results from the two drillhole program at the historic Gochager Lake deposit within the Company's 19,342 Ha Gochager Lake Project. Drilling Highlights: Drillhole ID From (m) To (m) Length (m)1 Ni (%) Cu (%) Co (%) 3PE (g/t) GL23003 124.45 182.65 58.20 1.49 0.38 0.11 0.07 Including 124.45 150.20 25.75 2.06 0.49 0.16 0.08 Including 128.15 146.25 18.10 2.43 0.51 0.18 0.06 Including 139.30 143.50 4.20 2.95 0.62 0.22 0.05 GL23003 244.10 244.80 0.70 1.16 0.19 0.07 28.23 GL23004 250.90 253.30 2.40 1.38 0.43 0.11 0.27 Including 252.90 253.30 0.40 1.82 0.18 0.14 1.36 1 Reported drillhole intersections are down-hole intersection length and are not a true thickness. At present there is insufficient information to determine true thickness. The above drilling highlights are associated with zones of semi-massive to massive sulphide mineralization. Both drillholes were probed by borehole electromagnetic (BHEM) tools. The various zones of sulphide mineralization demonstrated significant off-hole BHEM anomalies indicating the mineralization intersected has significant strike beyond the borehole (see Press Release March 28, 2023). The off-hole conductors are expected to be drill tested in future exploration programs. Fathom is the first company to systematically sample the Gochager Lake style of mineralization for Cobalt, Platinum, Palladium and Gold. The Cobalt results are very positive and potentially add a significant credit to the Nickel-Copper mineralization. The localized, extremely high-grade Platinum-Palladium+Gold (3PE) in both drillholes is very surprising and an indication of potential 3PE credits associated with this style of minerali...