Fathom Nickel identifies new zones following geophysical programs at Gochager Lake Project

–News Direct–

Fathom Nickel CEO Ian Fraser joined Steve Darling from to share positive news about the company's Gochager Lake Project. The time domain electromagnetic (TDEM) and borehole electromagnetic (BHEM) geophysical programs conducted by the company have yielded encouraging results.

The TDEM survey, covering approximately 1 square kilometre, identified a moderate-strength zone of conductivity directly above the historic Gochager Lake deposit. This conductive trend extends both southwest and northeast of the deposit area. Additionally, newly identified zones of conductivity have been discovered to the north, north-northeast, and east-southeast of the Gochager Lake deposit area.

Fraser also informed Proactive about the second phase of BHEM surveys, which utilized multiple loop configurations to change coupling angles for each hole surveyed, resulting in a better imaging of the conductivity zones. The survey revealed at least four separate conductive zones in the vicinity of the company's Q1-2023 drilling, with some lying outside the historical Gochager Lake deposit.

With this promising new data in hand, Fathom Nickel is eager to return to the site in August for another round of drilling. The positive results from the geophysical programs indicate the potential for further exploration and the possibility of expanding the known mineralization at the Gochager Lake Project.

The company's commitment to exploring and understanding the geological potential of the area signifies a proactive approach in its pursuit of valuable mineral resources. As Fathom Nickel moves forward with additional drilling, it aims to unlock the full potential of the Gochager Lake Project and create value for its stakeholders.

Contact Details

Proactive Canada

+1 604-688-8158

na-editorial@proactiveinvestors.com

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