Fathom Nickel provides preliminary update on recent Gochager Lake drilling
November 14, 2023 at 01:58 pm
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Fathom Nickel CEO Ian Fraser joined Steve Darling from Proactive to share an exploration update regarding the company's Gochager Lake Project. Although official assay results are pending, Fathom Nickel has been actively evaluating and interpreting preliminary data, including pXRF (portable X-ray fluorescence) and borehole electromagnetic data.
Fraser revealed that the drillholes completed at the Gochager Lake Project have intersected multiple zones of semi-massive sulphide mineralization. These zones are characterized by being highly nickeliferous and conductive. Moreover, they exhibit a steeply plunging orientation, resembling a "chute," within a broader halo of nickel-bearing, disseminated sulphide mineralization.
Fathom Nickel is now in the process of utilizing all available data to prepare for an upcoming drill program scheduled for the first quarter of 2024. This program is expected to build upon the findings from the recent drilling and contribute to a more comprehensive understanding of the Gochager Lake Project's potential.
The presence of high-quality nickel-bearing mineralization in the project area indicates promising prospects for Fathom Nickel's exploration efforts. As the company continues to gather data and advance its drilling program, it aims to unlock the full potential of the Gochager Lake Project and contribute to the growing demand for nickel resources in various industries.
Contact Details
Proactive Canada
+1 604-688-8158
na-editorial@proactiveinvestors.com
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Copyright (c) 2023 TheNewswire - All rights reserved., source Press Releases
Fathom Nickel Inc. is a Canada-based exploration company. The Company targets magmatic nickel sulphide discoveries to support the rapidly growing global electric vehicle market. The Company has a portfolio of two exploration projects located in the prolific Trans Hudson Corridor in Saskatchewan: Albert Lake Project and Gochager Lake Project. The Albert Lake Project consists of 90,127 hectares of drill ready exploration lands located in Saskatchewan, Canada. The property is located in the Trans Hudson Corridor, which is host to nickel mining camps, including Thompson Nickel Belt, Lynn Lake and Raglan Nickel Belt. The Company also holds a 100% interest in Gochager Lake Property, which consists of approximately nine mineral claims covering approximately 4,696 hectares located in north-central Saskatchewan. The Property is approximately 60 kilometers southwest of the Companyâs flagship Albert Lake Property in north-central Saskatchewan.