Fathom Nickel Announces Albert Lake Summer Drill Results and Project Exploration Update
Calgary, Alberta--(Newsfile Corp. - September 28, 2022) - Fathom Nickel Inc. (CSE:FNI) (FSE: 6Q5), (OTCQB: FNICF) (the "Company" or "Fathom") is pleased to present the assay results from the recently completed 1,773 meter summer exploration program (the "Summer Drill Program") together with an update on the overall exploration strategy at Albert Lake Project, with highlights as follows:Summer drill program successfully extended nickel mineralization an additional 150 meters to the south, thus confirming continuous nickel mineralization throughout the 300+ meter Bay-Island Trend...
2022-09-28 9:35 AM EDT
Fathom Announces Option Agreement on the Gochager Lake Nickel-Copper-Cobalt Project with Historic Drill Intercepts up to 2.79% NiEq*
Executed option agreement for up to 100% of the Gochager Lake Property, a nickel-copper-cobalt project consisting of 4,696 hectares in north-central Saskatchewan.Property contains a historical, open pitable, NI 43-101 non-compliant resource of 4,262,400 tons at 0.295% Ni, 0.081% Cu.1990 resource calculation suggested 1,770,000 tons at 0.735% NiEq* (NI 43-101 non compliant). Historic resources suggest an estimated 25 million pounds of contained nickel. (The reader is cautioned that this estimate is based on a historic, NI 43-101 non-compliant resource...
2022-09-19 9:05 AM EDT
Fathom Announces Management Changes and Attendance at Denver Mineral Exploration Summit - 2022
Calgary, Alberta--(Newsfile Corp. - September 1, 2022) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5), (OTCQB: FNICF) (the "Company" or "Fathom") announces that Brad Van Den Bussche, President and Chief Executive has departed from the Company to pursue other opportunities. Fathom thanks Mr. Van Den Bussche for his services over the past 18 months as the Company transitioned from a private company to a publicly listed entity. The Company wishes Mr. Van Den Bussche the best in his future endeavors.The...
2022-09-01 4:21 PM EDT
Fathom Intersects Magmatic Nickel Mineralization in Multiple Drillholes During Summer 2022 Exploration Program at Albert Lake Project
Magmatic Nickel Mineralization Now Confirmed Over a Strike of 315 Meters and Remains Open Along Strike Both North and South2,400 km Heliborne Transient Electromagnetic Survey Also CompletedCalgary, Alberta--(Newsfile Corp. - July 12, 2022) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5), (OTCQB: FNICF) (the "Company" or "Fathom") is pleased to provide an update on its summer exploration program at the Company's Albert Lake Property. The summer drill program has been designed to extend the conductivity zone and associated ultramafic Ni-Cu-Co+PGE...
2022-07-12 9:00 AM EDT
Fathom Announces the Acquisition of Claims Containing the Tremblay-Olson Ni-Cu+PGE Showing Within the Albert Lake Property
Calgary, Alberta--(Newsfile Corp. - July 6, 2022) - Fathom Nickel Inc. (CSE:FNI) (FSE: 6Q5), (OTCQB: FNICF) (the "Company" or "Fathom") is pleased to announce the acquisition of the Tremblay-Olson Ni-Cu+PGE Showing ("Trembley-Olson Showing"). Fathom purchased 100% of the Tremblay-Olson Showing claims, totaling 315 Ha, from Eagle Plains Resources Ltd. ("Eagle Plains") in exchange for a 2% Net Smelter Return ("NSR") royalty. Fathom has the right to purchase back 1.0% of the NSR for a one-time cash payment of $1,000,000. Including this...
2022-07-06 8:56 AM EDT
Fathom Announces Summer 2022 Exploration Program at Albert Lake Consisting of AirTEM Surveys and Up To 2,500 M of Drilling
Calgary, Alberta--(Newsfile Corp. - June 8, 2022) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5), (OTCQB: FNICF) (the "Company" or "Fathom") is pleased to announce the commencement of its summer exploration program at the Company's Albert Lake Property. The program will consist of a helicopter electromagnetic and magnetic ("AirTEM") survey and up to 2,500m of diamond drilling. Drilling will focus on further defining the south extension the Bay Area Conductive Corridor (refer to Fathom Press Release of April...
2022-06-08 9:00 AM EDT
Fathom Discovers 300m Conductive Corridor - Confirmation of a Significant Magmatic Nickel Sulphide System
Calgary, Alberta--(Newsfile Corp. - April 28, 2022) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the "Company" or "Fathom") is pleased to announce the intersection of significant, near surface magmatic nickel mineralization within a conductive corridor exceeding 300m in strike at its Albert Lake Property ("the Bay Area Conductive Corridor"). The Bay Area Conductive Corridor (see Figure 1) and it's associated magmatic nickel mineralization provides evidence that the previously exploited, high-grade Ni-Cu-Co+PGE Rottenstone deposit was a...
2022-04-28 8:56 AM EDT
Fathom Nickel Inc. Grants Stock Options
Calgary, Alberta--(Newsfile Corp. - March 16, 2022) - Fathom Nickel Inc. (CSE:FNI) (FSE: 6Q5) (OTCQB: FNICF) (the "Company" or "Fathom") announces that pursuant to its stock option plan and the policies of the Canadian Stock Exchange, it has granted incentive stock options to certain consultants of the Company for the right to purchase up to an aggregate of 150,000 common shares of the Company, exercisable at a price of $0.30 per share for a period of 60 months.About Fathom Nickel Inc.Fathom is...
2022-03-16 9:13 AM EDT
Fathom Nickel Inc. Grants Stock Options
Calgary, Alberta--(Newsfile Corp. - February 7, 2022) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the "Company" or "Fathom") announces that pursuant to its stock option plan and the policies of the Canadian Stock Exchange, it has granted incentive stock options to certain directors, officers and consultants of the Company for the right to purchase up to an aggregate of 1,050,000 common shares of the Company, exercisable at a price of $0.21 per share for a period of 60 months.About...
2022-02-07 8:32 AM EST
Fathom Intersects Semi-Massive Sulphides 500 Meters North of Historic Rottenstone Mine
The second drillhole of the Company's Q1-2022 drill program intersected 10.2 meters of nickel mineralization starting at 117.7m. Portable X-ray Fluorescence ("pXRF") indicates the presence of nickel exceeding 30,000 ppm and copper exceeding 40,000 ppm (10,000 ppm = 1%). The Company continues to define a very favourable corridor in which multiple conductors occur over a strike length that now exceeds 130 meters.Chemical assays for Ni-Cu-Co + PGE's are expected in 4 - 6 weeks. Calgary, Alberta--(Newsfile Corp. - February...
2022-02-02 2:30 AM EST
Fathom Announces the Buyback of Uravan Minerals Inc.'s 2% Net Smelter Return Royalty on the Albert Lake Property
Calgary, Alberta--(Newsfile Corp. - January 18, 2022) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the "Company" or "Fathom") is pleased to announce the buyback of the 2% net smelter return royalty on the Albert Lake nickel, copper, PGE property located in north-central Saskatchewan (the "Albert Lake NSR").Pursuant to a Royalty Purchase Agreement dated January 12, 2022, between Uravan Minerals Inc. ("Uravan") and Fathom's wholly owned subsidiary, Fathom Minerals Ltd., Fathom paid cash consideration of $175,000 for the purchase...
2022-01-18 9:05 AM EST
Fathom Announces Results of the Q3-2021 Drill Program and Commencement of the Q1-2022 Drill Program at the Albert Lake Property
Anomalous Ni, Cu and/or PGE mineralization was detected in 11 of the 13 holes completed in the Q3-2021 drill program.Rottenstone-like stratigraphy was identified in a 13-meter interval in hole AL21029 (located in "the Dime Area"). Significant intercepts in this interval included 4,200ppm Ni and 1.25 g/t Pd-Pt+Au over a 1.17-meter interval.Within the Island Showing trend, drillhole AL21033 has defined a robust off-hole BHEM conductor 130.0 meters south of drillhole AL21021 and its associated mineralization and BHEM conductivity.Exploration crews have...
2022-01-10 9:05 AM EST
Fathom Announces Final Results and Initial Interpretation of the 2021 Soil Geochemistry Program at the Albert Lake Property
B-horizon soil geochemistry now covers an area of 7,910 ha (79.1 sq km), just under 9% of the Albert Lake Property. During the 2021 program, Fathom collected 3,723 soil samples and is incorporating the 2021 results with historic B-horizon soils collected in 2018 by Fathom and in 2002 collected by a previous operator. The broader favourable soil geochemistry areas; highlighted in the enclosed Figure 1, are interpreted by the Company to be areas where "Rottenstone-like stratigraphy" is most likely to...
2021-12-09 9:10 AM EST
Fathom Nickel Announces the Closing of $4,000,000 Flow-Through Marketed Offering
Calgary, Alberta--(Newsfile Corp. - November 29, 2021) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the "Company" or "Fathom"), is pleased to announce that it has closed its marketed offering of flow-through shares (the "Offering"). Pursuant to the Offering, the Company issued 10,000,000 flow-through common shares (the "FT Shares") at a price per FT Share of $0.40 (the "FT Price") for gross proceeds of $4,000,000. Echelon Wealth Partners Inc. acted as Lead Agent and sole bookrunner for...
2021-11-29 1:42 PM EST
Fathom Announces Preliminary Interpretation of 2021 Soil Geochemistry Results at the Albert Lake Property and Approval of DTC Eligibility for OTC Trading
Collectively, soil geochemistry programs at the Albert Lake project cover an area measuring approximately 20km in strike and approximately 4 - 8km perpendicular to strike. See attached figure.Fathom is incorporating historical B-horizon soil samples collected in 2018 and 2002 (by a previous operator) along with the 2021 samples.The interpretive, favourable soil geochemistry outlined in the attached figure is defined by above background to anomalous Ni in soils that is supported by above background to anomalous values of associated and pathfinder...
2021-10-13 9:05 AM EDT
Resumption of Drilling at the Albert Lake Property
Calgary, Alberta--(Newsfile Corp. - September 13, 2021) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the "Company" or "Fathom") is pleased to announce that it has commenced drilling activity at its wholly owned Albert Lake Property, host to the historic Rottenstone mine that produced some of the highest grades of Nickel and Platinum Group metals.The Company has commenced a two-phase fall / winter 6,000-meter drill program. Phase-1 will end mid to late October and Phase-2 will commence late January...
2021-09-13 9:05 AM EDT
Fathom Reports Second Quarter Results and Share Listing on the OTC
Calgary, Alberta--(Newsfile Corp. - August 30, 2021) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTC: FNICF) (the "Company" or "Fathom") is pleased to announce that it has filed its unaudited interim financial statements for the three and six-month periods ended June 30, 2021 ("Q2-21 interim statements") together with the accompanying Management Discussion and Analysis ("MD&A").Highlights from Q2-21 include:The Company obtained the Final Receipt on its non-offering prospectus from the Alberta Securities Commission on May 13, triggering the conversion of all Special...
2021-08-30 10:08 PM EDT
Fathom Contracts CanNorth to Advise and Support on ESG Activities at the Albert Lake Project
Calgary, Alberta--(Newsfile Corp. - August 12, 2021) - Fathom Nickel Inc. (CSE:FNI) (FSE: 6Q5) (the "Company" or "Fathom"), is pleased to announce that it has engaged Canada North Environmental Services (CanNorth) to advise and support its environmental, social and governance ("ESG") initiatives in conjunction with the aggressive summer/fall exploration program planned at its Albert Lake Project in Saskatchewan.CanNorth is a private environmental consulting company that is 100% owned by Kitsaki Management Limited Partnership, the business arm of the Lac La Ronge...
2021-08-12 2:05 AM EDT
Fathom Successfully Completes Phase-1 of the 2021 Summer / Fall Exploration Program at the Albert Lake Property
Phase-1 of the summer field program has been completed at the Albert Lake Project in Saskatchewan. Field crews will be returning to initiate Phase-2 on July 23, 2021.Soil Geochemistry, BHEM, Gravity surveys, and heli-MAG surveys have added valuable information and data necessary to generate and refine high quality drill targets for H2-2021 and Q1-2022.The fall drill program will focus on the BHEM targets identified as well as locations where significant ultramafic intersections occur. Drilling will commence by the ...
2021-07-22 2:15 AM EDT
Fathom Commences 2021 Summer / Fall Exploration Program at the Albert Lake Property
Commences 2021 Summer / Fall Exploration and Drilling Program at Albert Lake Nickel, Copper, Cobalt, PGE Sulphide Project in Saskatchewan.Field exploration crews arrived on site during the week of June 14 to commence five-month field program.Contracted Initial Exploration Services and TerraLogic Exploration to conduct borehole EM (BHEM), gravity surveys, soil geochemistry, geological mapping, prospecting and core drilling.Commencing mid-July, BECI Exploration Consulting will conduct a Heliborne AirTEM survey (1,500 l-km) detailing the Island Showing discovery area and specific targets within the...
2021-06-22 2:01 AM EDT