RE:Interview with Fathom Nickel CEO Ian Fraser
I think this information below about the geology and historical geophysical data on the Gochager and Mal Lake properties is what has the Fathom guys so excited. It blows my mind that this stock is still as cheap as it is with all the available geological information that is indicating a significant discovery or possibly several discoveries because they now have 13 targets. This will be a new nickel camp in Canada with several economic deposits. The time for buying cheap FNI stock is quickly running out. See below again. I've been throwing you guys hints for weeks now. Oh well, as the Rock Doctor says you can lead a horse to water but you can't force him to drink.
Geophysics is everything when you are on the hunt for nickel deposits and boy have these guys hit the jackpot. I suspect Ian Fraser will soon tell us just how good these targets are looking now that they have taken a closer look. The first time using the BHEM ( Bore Hole Electromagnetic) geophysics and they now like areas outside the old known historical deposit as Ian mentioned in the interview. They like what they are seeing. There is no doubt in my mind.
Gochager Lake massive Ni-Cu-Co sulphide mineralization and the proximal (10 km ESE) MAL Lake mineralization have remarkably high nickel/copper and palladium/iridium ratios characteristic of world-class komatiite-hosted nickel deposits (Thompson Nickel Belt, Manitoba; Kambalda mining camp, Western Australia), and are unlike any other nickel deposits in the La Ronge Belt in this respect.
The komatiitic composition of Gochager-type mineralization is not compatible with the host gabbro rock and silicate mineral compositions, which implies the Ni-Cu-Co sulphide mineralization was introduced into the host gabbro by a much more primitive larger komatiitic system at depth or proximal to the Gochager Lake deposit. This and the nature of the comparable MAL mineralization suggest a “Tip of the Iceberg” scenario for the known Gochager-style mineralization in the area.
Current analyses of the available geophysical data (airborne and ground surveys) for the Gochager Lake area reveal for the first time a striking “EYE” shaped conductivity and lesser so magnetic pattern engulfing the deposit. This phenomenon is similar to the “EYE” like geophysical patterns associated with the recent discovery of the Nova-Bollinger nickel mining camp in the Fraser Range, Australia where the “EYE” feature identifies new high priority targets in which conductive Ni-Cu bodies lie within the “EYE” feature.