Fathom Nickel Inc. , 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 survey and up to 2,500m of diamond drilling. Drilling will focus on further defining the south extension the Bay Area Conductive Corridor . The AirTEM survey, of up to 2,500 line-km, will cover the same Bay Area [...]
Intersected 3.07% Nickel Equivalent Fathom Nickel Inc. 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 and it's associated magmatic nickel mineralization provides evidence that the previously exploited, high-grade Ni-Cu-Co+PGE Rottenstone deposit was a [...]
Fathom Nickel Inc. announces that pursuant to its stock option plan and the policies of the CSE, 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 a resource exploration and development company that is [...]
Fathom Nickel Inc. 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 Fathom Nickel Inc. Fathom is a resource [...]
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 indicates the presence of nickel exceeding 30,000 ppm and copper exceeding 40,000 ppm . 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 [...]
Fathom Nickel Inc. 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 . Pursuant to a Royalty Purchase Agreement dated January 12, 2022, between Uravan Minerals Inc. and Fathom's wholly owned subsidiary, Fathom Minerals Ltd., Fathom paid cash consideration of $175,000 for the purchase of the Albert Lake NSR. The [...]
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 . 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 [...]
Fathom Nickel Inc. is pleased to announce an updated initial interpretation of 2021 soil geochemistry results which indicate multiple favourable and highly anomalous zones of Ni-Cu-Co and Pd-Pt mineralization within soils at its wholly owned Albert Lake Property, host to the historic Rottenstone mine. The Rottenstone mine is a past producer of high-grade nickel, copper and platinum group metals.
Fathom Nickel is pleased to announce that it has closed its marketed offering of flow-through shares. Pursuant to the Offering, the Company issued 10,000,000 flow-through common shares at a price per FT Share of $0.40 for gross proceeds of $4,000,000. Echelon Wealth Partners Inc. acted as Lead Agent and sole bookrunner for a syndicate that also included Sprott Capital Partners LP and Research Capital Corporation [...]
Fathom Nickel is pleased to announce preliminary interpretation of 2021 soil geochemistry results which indicate multiple favourable and highly anomalous zones of Ni-Cu-Co and Pd-Pt mineralization within soils at its wholly owned Albert Lake Property, host to the historic Rottenstone mine, a previous producer of high grade nickel, copper and platinum group metals. Drilling continues on the 6,000m program which was [...]
Fathom Nickel Inc. 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 2022. The drilling activities [...]
