FNICF - Fathom Nickel announces company will begin drill program at Gochager Lake in early September

(NewsDirect)

Fathom Nickel CEO Ian Fraser joined SteveDarling from Proactive to share news the company is gearing up toinitiate the second phase of drilling at the Gochager Lake project,scheduled to commence at the beginning of September.

The upcoming drill program is set toencompass 5 to 6 holes, spanning a total of approximately 2,000meters. Fraser outlined the strategic focus of this phase, detailingthe plan to test vertical plunge extensions along the strike. Thisapproach is inspired by the promising results derived from drillholeGL23003.

Notably, the company hasharnessed the insights gleaned from multiple borehole electromagneticsurveys conducted within the region characterized by high-grade nickelmineralization. These surveys have successfully delineated anintricate set of steeply plunging geophysical targets.

The drilling program is expected toencompass drillholes meticulously designed to assess the continuity ofconductivity as defined by surface TDEM surveys. These surveys will beexecuted along the strike of the Gochager Lake deposit.

Furthermore, the program will extend to anarea approximately 300 meters northeast of the Gochager Lake deposit,characterized by conductivity akin to the Gochager Lake deposititself.

With a projected completiontimeline of around four weeks, Fathom Nickel is poised to makesignificant strides in enhancing our understanding of the mineralpotential and geological dynamics within the Gochager Lake project.The combination of advanced survey methodologies and strategicdrilling approaches underlines the company's commitment tosystematic exploration and the pursuit of valuable mineral resources.

Contact Details

Proactive Canada

+1604-688-8158

na-editorial@proactiveinvestors.com

Copyright (c) 2023 TheNewswire - All rights reserved.