FAQ: Fathom Nickel's Gochager Lake Project Expansion Following Wildfire Exposure
Summary
Fathom Nickel has expanded exploration at its Gochager Lake Project after wildfires exposed new outcrops, revealing favorable rock types and anomalous geochemistry extending 1.4 km east-northeast of the historic deposit.
What is the main announcement from Fathom Nickel?
Fathom Nickel announced that geology crews have returned to its Gochager Lake Project to conduct additional prospecting and portable X-ray fluorescence geochemistry on newly exposed outcrops revealed by recent wildfires.
Why is the wildfire exposure significant for the Gochager Lake Project?
The wildfire exposure has opened new ground for exploration and revealed favorable gabbroic-pyroxenite rock types with anomalous geochemistry, allowing the company to expand its exploration footprint beyond the historic deposit.
What specific exploration activities are being conducted?
Geology crews are conducting additional prospecting, portable X-ray fluorescence geochemistry, chip sampling, and assays to further define what is emerging as a mineralized corridor.
What positive findings have been confirmed so far?
Early work has confirmed favorable gabbroic-pyroxenite rock types and anomalous geochemistry extending 1.4 km along strike east-northeast of the historic deposit.
When are the full geochemistry results expected?
Full soil and rock geochemistry results are anticipated by mid-October, according to CEO and VP Exploration Ian Fraser.
Where is the Gochager Lake Project located?
The Gochager Lake Project is located in the province of Saskatchewan, where Fathom Nickel focuses on exploring for and developing world-class nickel camps.
Who is leading the exploration efforts?
Ian Fraser, the CEO and VP Exploration of Fathom Nickel, is leading the exploration efforts and provided commentary on the project’s progress.
What are Fathom Nickel’s stock ticker symbols?
Fathom Nickel trades under CSE: FNI, FSE: 6Q5, and OTCQB: FNICF.
Where can investors find more information about Fathom Nickel?
The latest news and updates relating to FNICF are available in the company’s newsroom at https://ibn.fm/FNICF, and the full press release can be viewed at https://ibn.fm/zBloC.
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