RE:Geophysics
broadbill wrote: There is no doubt in my mind that they like what they are seeing.
Quite rightly, they are doing all the necessary preparatory work to decipher and vector in on the lenses.
Strategically, tying up more acreage was perfectly timed.......they now have a smorgasbord of targets.
Cannot fault management todate.
I would be remiss in not adding that I still hope for a dip!!
Bb
I have provided a link below to the geophysical image of the magnetic "eye" feature at the Nova Bollinger nickel deposit that Sirius sold for $1.8 Billion dollars about 10 years ago. I have tried to find the image of the Gochager "eye" feature from the 2008 VTEM survey that is similar but no luck. So Harry Barr and Pacific North West Capital are the guys that flew the VTEM in 2008 and they called the property Nickel Plats. At the time I don't think they understood the significance of what they had and they had about a dozen other properties and decided to spend their resources on the River Valley PGM project in Ontario. Years later in 2017 a company called US Lithium had the renamed Gochager property because they were interested in the cobalt. They are the guys that first noticed the similarities with the geophysical data with the Nova Bollinger deposit.
However they decided to concentrate on lithium and not pursue the nickel. It is often the 3rd or 4th company in on a property that makes the discovery. I saw it happen with New Found Gold in Newfoundland. Several companies came and went over a 25 year period drilling on the Appleton fault very close to where New Found made their high grade gold discovery on the Queensway North property but they didn't figure out the geology before running out of money. It happens all the time in the exploration business. New Found Gold came along with lots of money and with Dennis Laviolette's expertise made the big discovery.
Personally I think Ian Fraser and Fathom Nickel have come along at the right time and they are armed with all the geological data and modern day geophysics with the BHEM to find the sweet spot on the Gochager property (they may have already found it) and perhaps even the Albert Lake property. I think the probability of Fathom Nickel finding a significant economic high grade nickel deposit is very high. Ian Fraser is an excellent exploration geologist and with Quinton Hennigh's guidance I think FNI is going to surprise a lot of people. I have great confidence in this Fathom team and I think they are taking all the necessary steps that leads to success. Enjoy the ride to much higher levels.
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.
https://www.researchgate.net/figure/The-magnetic-image-of-the-Nova-Eye-feature-and-showing-the-location-of-the-Nova-Bollinger_fig1_337162951