RE:Plethora of targets......
broadbill wrote:
So that area you posted is the 2008 VTEM that was flown by Harry Barr and Pacific Northwest Capital and notice targets 12 and 13 just southeast of the recent discovery by Fathom Nickel right along the 2008 VTEM border. So almost 10 km further to the southeast you have the Mal Lake discovery made back in 1967 that hit identical mineralization. So that area that Fathom recently acquired through staking has not been flown using a VTEM. I'm thinking there will be even more targets in that area between the Gochager Lake and Mal Lake deposits. This property is peppered with highly conductive nickel targets. It is incredible really but it looks like Ian Fraser has put the geological puzzle together.
Hopefully the market soon understands the significance of all this and Fathom can raise some serious cash at higher prices so they can get aggressive and do a serious drill program of at least 10,000 meters and test all of these targets and perhaps do more geophysics between Gochager and Mal Lake. Of course they have some great targets at Albert Lake they want to drill this winter as well. No shortage of high quality targets.
These guys need more cash to make it all happen. I think Quinton Hennigh needs to make a call to Eric Sprott and raise $10 million and get in there with a few drills. Perhaps after another big intersection of nickel they can do another financing at much higher levels. This region will undoubtedly be another major nickel mining camp in Canada in my opinion. I know it is still early to say that but this region has all the right geological features and it is in a Tier One jurisdiction. The best is yet to come for FNI shareholders.