Fathom Nickel, Inc. · CSE:FNI
Fathom Nickel — Investor Presentation (March 2024)
27 slides from Fathom Nickel's investor presentation, March 2024
Slide 1: Fathom Nickel Inc. Corporate Presentation
Fathom Nickel Inc. Two Emerging Nickel Camps – Saskatchewan Canada Corporate Presentation March 2024 (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: Emerging Nickel Camps – Saskatchewan Canada
Fathom Nickel Inc. Emerging Nickel Camps – Saskatchewan Canada – Ongoing Consultation – Collaboration Top-Tier Mining Clean Energy Quality Nickel Proven Jurisdiction Transition Portfolio Exploration Model Saskatchewan consistently Nickel important to new green Two highly prospective Environmental an
Slide 4: Fathom Nickel Inc. – Company Snapshot
Fathom Nickel Inc. – Company Snapshot Attractive valuation relative to peers with significant insider ownership Trading at attractive valuation Cash Balance of $4.3 Million Share Structure and Capitalization (as February 16, 2024) Share Price – 12 months (as of February 16, 2024) Shares % $0.40 Mana
Slide 5: 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-Apr 2024 Lists on the October 2021 Drilling confirms Defined 300+ Enter into Completes Strategic acquisition of Completed Drill Pro
Slide 6: 2024 Exploration – Milestones
2024 Exploration – Milestones Albert Lake Project Gochager Lake Project Fully permitted Fully permitted to explore original option agreement through July 2024 Continuing community consultation Application for new Exploration Permit for entire Gochager Lake project submitted January 2024 to include:
Slide 7: Fathom’s Projects Geological Setting – Saskatchewan Canada
Fathom’s Projects Geological Setting – Saskatchewan Canada Located in The Trans Hudson Corridor – Host to Numerous World-class Mining Camps Athabasca Basin (U) Trans Hudson Corridor Albert Lake (Ni) Lynn Lake (Ni) Gochager Lake (Ni) Thompson (Ni) Seabee (Au) Snow Lake (VMS, Au) McIlvenna Bay (VMS, A
Slide 8: Two Highly Prospective Magmatic Nickel Sulphide Projects
Two Highly Prospective Magmatic Nickel Sulphide Projects Albert Lake Project (100% Ownership) 90,000+ hectares Historic Rottenstone Mine; of 26,000 tonnes: 3.28% Ni, 1.83% Cu, 9.63 g/t Pd-Pt+Au (3PE) (1) legacy production 1965- Albert Lake 1969 New Ni-Cu+ PGE discovery – The Bay-Island Trend,
Slide 9: Albert Lake Property
ALBERT LAKE PROPERTY “Exploring in the Shadows of a Historic High-grade Nickel Mine.” (CSE:FNI FSE:6Q5 OTC:FNICF) 9
Slide 10: Albert Lake Ni-Cu+PGE Magmatic Nickel Sulphide Project
Albert Lake Ni-Cu+PGE Magmatic Nickel Sulphide Project Albert Lake Project Albert Lake Project 90,460 Ha contiguous land package Rottenstone Mine – High-Grade Ni-Cu+3PE (1965-1969) Fathom 60 drillholes; 10,713 meters drilled since going public 2021 – 2023 Exploration Success: Historic Rott
Slide 11: Bay-Island Trend Analogous to Rottenstone Deposit
Bay-Island Trend Analogous to Rottenstone Deposit Albert Lake Project Magmatic Nickel Sulphide Mineralization / Textures Recognized at The Bay-Island Trend Rottenstone Deposit Bay-Island Trend AL22040_120.80m; 0.44% Ni, 0.36% Cu, 0.31 g/t 3PE AL22040_121.14m; 0.41% Ni, 0.28% Cu, 0.32 g/t 3PE AL22052
Slide 12: Rottenstone, Bay-Island Trend, Tremblay-Olson Mineralized Corridor
Rottenstone, Bay-Island Trend, Tremblay-Olson Mineralized Corridor Albert Lake Project Bay-Island Trend • 300+m continuous UM-hosted, Rottenstone-like Ni mineralization, open along strike • Bay-Island-Trend Signature defined by: • Week 2008 VTEM response Pyroxenite Island • Strong Ni-Cr-in soil anom
Slide 13: Rottenstone, Bay-Island Trend, Tremblay-Olson Corridor
Rottenstone, Bay-Island Trend, Tremblay-Olson Corridor Albert Lake Project Bay-Island Trend Bay-Island Trend Rottenstone Mine Rottenstone Mine TDEM & Gravity & MAG picks results defining favourable stratigraphic corridor and aligns with multi-element soil geochemistry anomaly (CSE:FNI FSE:6Q5 OTC:FN
Slide 14: Rottenstone – Tremblay-Olson Q1 2024
Rottenstone – Tremblay-Olson Q1 2024 Albert Lake Project Rottenstone – Tremblay-Olson Claims Area • >5km of favourable stratigraphy identified based on historic Bay-Island Trend compilation, surface Gravity, soil geochemistry, TDEM and gradient MAG Rottenstone Mine • Drill Targets: • Modeled, very s
Slide 15: Gochager Lake Property
GOCHAGER LAKE PROPERTY Fathom Nickel | 15
Slide 16: Gochager Lake Ni-Cu-Co Magmatic Nickel Sulphide Project
Gochager Lake Ni-Cu-Co Magmatic Nickel Sulphide Project Gochager Lake Project Gochager Lake Project Optioned property September 2022 (~5000ha) 135.85 2023 expansion of Gochager Lake Project to 22,620 Ha contiguous land package via acquisition and staking Historic drillhole I-12 contained: 290.
Slide 17: Gochager Lake 2023 Notable Drill Results
Gochager Lake 2023 Notable Drill Results Gochager Lake Project 135.85 Drillhole ID From (m) To (m) Length (m)* Ni % Cu % Co % 3PE g/t GL23003 36.20 207.15 170.95 0.63 0.17 0.05 Including 124.45 182.65 58.20 1.49 0.38 0.11 Including 128.15 146.25 18.10 2.43 0.51 0.18 GL23003 222.70 306.00 83.80 0.31
Slide 18: Gochager Lake Deposit – Possible Deposit Model
Gochager Lake Deposit – Possible Deposit Model Gochager Lake Project Nicobat Deposit • Historic Gochager Lake deposit hosted in a differentiated gabbroic-melagabbro intrusive • Mineralization occurs as disseminated – interstitial mineralized (pyrrhotite, ±chalcopyrite) halos hosting semi-massive sul
Slide 19: Gochager Lake Deposit – Preliminary Interpretation
Gochager Lake Deposit – Preliminary Interpretation Gochager Lake Project Section Looking Northwest Nicobat NW ON Gochager Lake 1952-1972 drilling 5.3Mt, 0.24% Ni 1966-1968 drilling 4.3Mt, GL23004 containing 225,000 tons 0.87% Ni – historic 0.29% Ni containing 1.8Mt 0.31% Ni / 38.10m drilling did not
Slide 20: Magmatic Nickel Sulphide Textures – Gochager Lake Deposit
Magmatic Nickel Sulphide Textures – Gochager Lake Deposit Gochager Lake Project Voisey’s Bay Comparable Cpy/ Pn Pn loop loop GL23008 – ~255m: Loop textures (Cpy, Pn) in massive sulphide vein (3.25% Ni, 0.26% Cu, 0.11% Co / 0.64m) Massive sulphide veins; variable sizes, recognized up to 50m away from
Slide 21: Gochager Preliminary Metallurgy Microprobe Analysis
Gochager Preliminary Metallurgy Microprobe Analysis Gochager Lake Project Nickel in Pentlandite Cobalt in Pentlandite Pentlandite in Pyrrhotite Gochager Gochager Gochager UWO Microprobe Analysis Semi-massive Sulphides GL23003: • 80 points of pentlandite evaluated • Typically, 0.55% Ni in pyrrhotite
Slide 22: Gochager Lake Deposit – New Exploration Targets
Gochager Lake Deposit – New Exploration Targets Gochager Lake Project Mag Inversion 2008 VTEM Survey Channel 28 2023 TDEM Survey • Gochager Lake deposit located in MAG low, and deposit conforms to outer edge of MAG high • Deposit very open to depth and to SW • Also note modelled BHEM off-hole conduc
Slide 23: Gochager Lake Property – 2008 VTEM Survey – New Exploration Targets
Gochager Lake Property – 2008 VTEM Survey – New Exploration Targets Gochager Lake Project Gochager Lake Ni Deposit Exploration Targets (VTEM) Interpreted Thrust / Fault Zone Plan View Multiple geophysical exploration targets at local scale (Gochager deposit) and on regional scale result of re-interp
Slide 24: Nickel is Critical for the Clean Energy Transition
Nickel is Critical for the Clean Energy Transition Nickel plays a crucial role in clean energy technologies with expected demand well outstripping supply Nickel of High Importance to Multiple Green Energy Technologies Additional Production of 3,225 kt/y Required to Meet Demand Relative importance of
Slide 25: Supply Issues Compounded if Constrained to Tier-1 Jurisdictions
Supply Issues Compounded if Constrained to Tier-1 Jurisdictions Urgency required for nickel exploration in tier-1 jurisdictions given its production lead times Only 13.5% of Current Nickel Production in Tier-1 Jurisdictions (1) Immediate Focus on Nickel Discovery is Imperative Given Lead Times World
Slide 26: Fathom Management and Board
Fathom Management and Board Proven track record of successful resource discovery, development and exits Ian Fraser Doug Porter CEO, VP Exploration, Director President, CFO, Director Senior financial and accounting executive with Co-founder of Fathom Nickel, 35+ Years of mineral specific emphasis
Slide 27: Fathom Nickel Inc.
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