Fathom Nickel, Inc. · CSE:FNI
Fathom Nickel — Investor Presentation (October 2024)
32 slides from Fathom Nickel's investor presentation, October 2024
Slide 1: Fathom Nickel Inc. Corporate Presentation
Fathom Nickel Inc. Two Emerging Nickel Districts – Saskatchewan Canada Corporate Presentation October 2024 (CSE:FNI FSE:6Q5 OTC:FNICF) (CSE:FNI FSE:6Q5 OTC:FNICF)
Slide 2: Notice To Reader
Notice To Reader Certain information set forth in this presentation contains “forward-looking information”, including Although forward-looking statements contained in this presentation are based upon what management “future oriented financial information” and “financial outlook”, under applicable se
Slide 3: Fathom's Projects Geological Setting – Saskatchewan Canada
Fathom’s Projects Geological Setting – Saskatchewan Canada Located in The Trans Hudson Orogeny (Corridor) – Host to Numerous World-class Mining Camps Project Owner Deposit Commodity Status Type 1 Albert Lake Fathom Magmatic Ni-Cu-Co+3E Past producer - Sulphide Au? Exploration 1 Gochager Fathom Magma
Slide 4: Defining High Valuation Nickel Deposits
Fathom Nickel Inc. – Defining High Valuation Nickel Deposits Discover Takeover Date Deposit Location Size Wt% Wt% Wt% g/t Price Tag Company Company Name (tonne)* Ni Cu Co 3E*** $$$* Noront Wyloo Metals April 2022 Eagles Nest ON Canada 11.3M 1.68 0.87 - 4.17 C$617M Resources Sirius Independence May 2
Slide 5: Saskatchewan as a Globally-Leading Mining Jurisdiction
Fathom Nickel Inc. Saskatchewan as a Globally-Leading Mining Jurisdiction oe Saskatchewan is consistently ranked as a ED MINING WEEKLY world-leading mining jurisdiction: Saskatchewan retains crown as Canada’s top-rated mining jurisdiction - survey | sqskatchewan i, : > sonnei Saskatchewan ranked 3rd
Slide 6: The West is Finally Beginning to Prioritize Critical Minerals
Fathom Nickel Inc. The West is Finally Beginning to Prioritize Critical Minerals MEDIUM TERM 2025-2035 ¢ Canada has launched a $1.5 Billion Critical Minerals Infrastructure Fund.* ¢ In the USA, the Biden adminstration has already doled out over US$3 Billion to critical metals industries.** ¢ In July
Slide 7: Major gaps in the west's critical minerals independence
Fathom Nickel Inc. Despite this recognition, there are “major gaps” in the west’s efforts to ensure critical minerals independence + Other countries 13.4% Left: Global nickel mine production by country, 2022. Non-Western Dominance of Nickel United States 0.59% » Brazil 2.5% (courtesy of Statista) In
Slide 8: Company Snapshot
Fathom Nickel Inc. – Company Snapshot Attractive valuation – advancing two highly prospective projects Trading well below true value Cash Balance of ~ $400,000 Share Structure and Capitalization (as October 1, 2024) Share Price – 12 months (as of October 1, 2024) Shares % $0.25 Management & Insiders
Slide 9: Emerging Nickel Districts – Saskatchewan Canada
Albert Lake Project (100% Ownership) Fathom Nickel Inc. 90,000+ hectares Historic Rottenstone Mine; of 26,000 tonnes: 3.28% Emerging Nickel Districts – Saskatchewan Canada Ni, 1.83% Cu, 9.63 g/t Pd-Pt+Au (3E) (1) legacy production 1965-1969 New Ni-Cu+ PGE discovery – The Bay-Island Trend, 300+
Slide 10: Gochager Lake Property
GOCHAGER LAKE PROPERTY “Building Tonnes and Grade at Historic Ni-Cu-Co Gochager Lake Deposit” Fathom Nickel | 10
Slide 11: Gochager Lake Project
Gochager Lake Ni-Cu-Co Magmatic Nickel Sulphide Project Gochager Lake Project Gochager Lake Project Historic drillhole I-12 contained: 290.4m of 0.58% Ni, 0.11% Cu with 9.7m of 2.4% Ni, 0.35% Cu, 0.14% Co Mal Lake Ni occurrence: 1.11% Ni, 0.24% Cu / 7.9m (1967) 10km southwest of Gochager Lake de
Slide 12: Gochager Lake Deposit 2023-2024 Drilling Highlights
Gochager Lake Deposit 2023-2024 Drilling Highlights Gochager Lake Project Drillhole ID From (m) To Length Ni Cu Co NiEq >230 m (m) (m)* wt % wt% wt % %** GL23003 93.50 207.15 113.65 0.87 0.22 0.07 1.10 Including 125.80 181.25 55.45 1.54 0.39 0.12 1.95 Including 125.80 147.65 21.85 2.26 0.50 0.17 2.8
Slide 13: Gochager Lake Deposit 2024 Drilling Highlights
Gochager Lake Deposit 2024 Drilling Highlights Gochager Lake Project GL24013 NW SE GL24012 GL24015 GL24013 – Semi-Massive Sulphide Breccia 354.77-358.73m: 3.96m @ 2.28% Ni, 0.51% Cu, 0.18% Co Oblique cross-section looking northeast towards 050 Zone of untested BHEM 300 m conductivity GL24013: GL2401
Slide 14: Gochager Lake Deposit 2024 Drilling Highlights
Gochager Lake Deposit 2024 Drilling Highlights Gochager Lake Project GL24016 – Blebby Chalcopyrite Disseminated Granular Pentlandite @ NW SE 186.5m; 2.84% Ni, 0.86% Cu, 0.23% Co GL24016 GL23005 Oblique cross-section looking northeast towards 050 0.41% Ni / 14.69m w 300 m 0.31% Ni / 185.49m w 1.53% N
Slide 15: Drilling Highlights – Schematic Model
Gochager Lake Deposit 2024 Drilling Highlights – Schematic Model Gochager Lake Project Zones of nickel-copper-cobalt mineralization occur as lenses of semi-massive to massive and vein sulphide breccias in a broad halo of disseminated sulphide mineralization Vein Gabbro The Ni-Cu-Co mineralizatio
Slide 16: Expanding Geological – Geochemical Footprint
Expanding Geological – Geochemical Footprint Gochager Lake Project June 2024 mapping prospecting pXRF**, rock assay analysis expanded the Gochager Lake deposit footprint significantly Favourable “container” rock, locally high Cr variable-texture gabbro recognized up to 500m Excess Ni w northeast
Slide 17: 2024 Soil Geochemistry Further Expands Deposit Footprint
2024 Soil Geochemistry Further Expands Gochager Lake Deposit Footprint Gochager Lake Project Nickel and chrome-in-soil mapping the occurrence of subsurface “container” rock variable-texture gabbro and possible Ultramafic rock well 1 1 removed from historic deposit area 2 2 Strike >4km expanded f
Slide 18: 2024 Soil Geochemistry 2024 Drone MAG Very Good Correlation
2024 Soil Geochemistry 2024 Drone MAG Very Good Correlation Gochager Lake Project TUZO Geosurveys August 2024 Drone MAG Survey: Very good correlation Drone 1 MAG with soil geochemistry footprint – areas 1, 2, 3 2 Gochager Lake Deposit: Gochager associated with MAG signal, signal continuing to th
Slide 19: 2023-2024 Fathom Exploration Compilation – It's Working!
2023-2024 Fathom Exploration Compilation – It’s Working! Gochager Lake Project Drilling, and specifically intersection of high-grade Ni sulphide breccias has extended the historic deposit to depth Ni-sulphide breccias very good / strong BHEM conductors Drilling has defined the variable-texture
Slide 20: Gochager – Final Comment
Gochager – Final Comment Gochager Lake Project Gochager Lake Ni Deposit Exploration Targets (VTEM) Interpreted Thrust / Fault Zone UWO Microprobe Analysis Semi-massive Sulphides GL23003: Relative to other Ni camps (Noril’sk, Sudbury, Thompson, Voisey’s Bay) Gochager pentlandites have similar Ni co
Slide 21: Mal Lake Ni Occurrence pXRF Analysis
Gochager Lake – Mal Lake Ni Occurrence pXRF*** Analysis Gochager Lake Project S_pct : Ni_ppm Hole_Id From (m)* To (m) Length Wt% Ni Wt% Cu Co pXRF (ppm)*** (m)** JCM-3 36.94 44.84 7.90 1.12 0.24 134 - 907 Including 40.84 44.84 4.00 1.48 0.20 751 JCM-6 24.99 29.11 4.12 0.69 0.16 79 - 2984 JCM-6 45.75
Slide 22: Albert Lake Property
ALBERT LAKE PROPERTY “Exploring in the Shadows of a Historic High-Grade Nickel Mine” Rottenstone Mine 1965-1969; 26,000 tonnes: 3.28% Ni, 1.83% Cu, 9.63 g/t Pd-Pt+Au (3E) (CSE:FNI FSE:6Q5 OTC:FNICF) 18
Slide 23: Albert Lake Ni-Cu+PGE Project – Proof of Concept
Albert Lake Ni-Cu+PGE Magmatic Nickel Sulphide Project – Proof of Concept Albert Lake Project Rottenstone Deposit / Mine (MET-772134): 23kg bulk sample Net-texture mineralization Assayed 4.08% Ni, 1.38% Cu, 0.09% Co, 10.50 g/t PGE+ Au* Excellent Metal recovery >90% base metal >80% precious met
Slide 24: Albert Lake Project – Soil Geochemistry
Albert Lake Ni-Cu+PGE Magmatic Nickel Sulphide Project – Soil Geochemistry Albert Lake Project Fathom soil geochemistry coverage 2018-2022 has defined 2 regional trends: 1. Centered on the Rottenstone deposit / mine 2. A developing 2nd trend E-SE of Kenyon Lake 1 Within the Rottenstone trend; Ni-i
Slide 25: Rottenstone, Bay-Island Trend, Tremblay-Olson Mineralized Corridor
Rottenstone, Bay-Island Trend, Tremblay-Olson Mineralized Corridor Albert Lake Project Bay-Island Trend: Coincident Ni-Cr in soil geochemistry anomaly directly over top of the 300+ meters mineralized ultramafic Very weak 2008 VTEM conductor, mod- strong TDEM conductor associated with Pyroxenite
Slide 26: Significance of Ni-Tenor
Rottenstone – Tremblay-Olson – Nic5, Significance of Ni-Tenor Albert Lake Project Peak Bouger Gravity Ni-Cu-Co-3E Soil W Signal Anomalies E Surface AL24077 @25.44-27.45m: 0.42% Ni, 0.06% Cu, 0.18 g/t 3E W Iron formation Harzburgite • Cartoon section showing one possible Nic5 with net interpretation,
Slide 27: Albert Lake Property Gold Potential – 2.68 g/t Au Grab Sample
Albert Lake Property Gold Potential – 2.68 g/t Au Grab Sample Albert Lake Project Ramp Metals Inc. Ranger001 discovery drillhole – 73.55 g/t Au / 7.5m Fathom prospecting crew Aug. 6-12, 2024, collected an outcrop grab sample 2.68 g/t Au ~ 14km along strike the Ranger001 discovery drillhole Maf
Slide 28: Management and Board
Fathom Nickel Inc. – Management and Board Proven track record of successful resource discovery, development and exits Ian Fraser Doug Porter CEO, VP Exploration, Director President, CFO, Director Co-founder of Fathom Nickel, 35+ Years of mineral Senior financial and accounting executive with exp
Slide 29: For more information please contact
Fathom Nickel Inc. For more information please contact: Ian Fraser Doug Porter Matthew Mickleborough CEO, VP Exploration, Director President, CFO, Director Investor Relations ifraser@fathomnickel.com dporter@fathomnickel.com mmickleborough@fathomnickel.com CSE:FNI FSE:6Q5 OTC:FNICF (CSE:FNI FSE:6Q5
Slide 30: Appendices
Fathom Nickel Inc. Appendices CSE:FNI FSE:6Q5 OTC:FNICF (CSE:FNI FSE:6Q5 OTC:FNICF)
Slide 31: Significant Advancements Since Going Public – May 2021
Significant Advancements Since Going Public – May 2021 May 2021 Additional Financings 2021 Exploration 2022 Exploration Sep 2022 Feb-Mar 2023 Mar 2023 June-Sep 2023 Feb-Aug 2024 Lists on the October 2021 Drilling confirms Defined 300+ Enter into Completes Strategic acquisition of Completed Completed
Slide 32: 2024 Exploration Milestones
Fathom Nickel Inc. – 2024 Exploration Milestones Albert Lake Project Gochager Lake Project Fully permitted through 2026 Fully permitted through 2026 Continuing community consultation, collaboration Continuing community consultation, collaboration Completed February – March 2024 drill program 6 holes