Fathom Nickel has a VMS Deposit near Watts Lake See below for a post I made on the CEO board just reminding investors that Fathom Nickel also has a VMS Deposit near Watts Lake which is now apart of the Gochager property. I thought of this VMS deposit because Quinton Hennigh mentioned in his last talk how he was over in Ireland looking at some zinc plays so I wanted to remind everyone that Fathom Nickel also has some very good zinc and silver values near Watts Lake
So that property has a lot of metals kicking around on it. Some very good zinc, lead and silver values at the Watts Lake deposit and of course nickel, copper and cobalt at the Gochager deposit. Fathom also intersected some high grade platinum and palladium in a recent hole.
@Megacopper Something to keep on the radar screen with regards to Fathom Nickel is the Zinc, Lead and Copper deposit they have at Borys Lake. I was thinking about it after Quinton Hennigh’s talk last Friday about zinc. The price of zinc and copper remain strong and both are in great demand with rising prices looking forward. Fathom Nickel isn’t just a one trick pony. See below for details. The Borys Lake VMS Zinc-Copper Deposit Fathom’s geophysical consultants have recognized a “plethora” of Gochager Lake deposit-like geophysical signatures within a 2008 VTEM survey covering the Gochager Lake deposit area but many of these signatures were outside of the original Gochager Lake Option Agreement; hence SKRR Exploration was approached and the companies have completed the transfer of the Watts claims from SKRR to Fathom. Within the Watts Lake claims occurs the Borys Lake VMS deposit and VMS trend. Fathom has acquired all data associated with the Watts Lake property and the Borys Lake Zn-Pb-Cu deposit and is conducting internal compilation and evaluation of the database. A 1972 mineral reserve estimate suggests the Borys Lake deposit occurs within a 975-meter strike, widths of 5-20 meters and depth of 30 meters: measuring, 1,336,500 tons grading 1.91% combined zinc and lead. The Companies immediate and continued focus will be the nickel potential of the expanded Gochager Lake property. However; geologically, it is very encouraging and not unique to have a VMS-type of mineralizing event proximal to magmatic nickel sulfide type occurrences and deposits.
https://www.newswire.ca/news-releases/shine-drill-program-targets-high-grade-zinc-and-silver-at-watts-lake-saskatchewan-811134308.html
@Megacopper Something to keep on the radar screen with regards to Fathom Nickel is the Zinc, Lead and Copper deposit they have at Borys Lake. I was thinking about it after Quinton Hennigh’s talk last Friday about zinc. The price of zinc and copper remain strong and both are in great demand with rising prices looking forward. Fathom Nickel isn’t just a one trick pony. See below for details. The Borys Lake VMS Zinc-Copper Deposit Fathom’s geophysical consultants have recognized a “plethora” of Gochager Lake deposit-like geophysical signatures within a 2008 VTEM survey covering the Gochager Lake deposit area but many of these signatures were outside of the original Gochager Lake Option Agreement; hence SKRR Exploration was approached and the companies have completed the transfer of the Watts claims from SKRR to Fathom. Within the Watts Lake claims occurs the Borys Lake VMS deposit and VMS trend. Fathom has acquired all data associated with the Watts Lake property and the Borys Lake Zn-Pb-Cu deposit and is conducting internal compilation and evaluation of the database. A 1972 mineral reserve estimate suggests the Borys Lake deposit occurs within a 975-meter strike, widths of 5-20 meters and depth of 30 meters: measuring, 1,336,500 tons grading 1.91% combined zinc and lead. The Companies immediate and continued focus will be the nickel potential of the expanded Gochager Lake property. However; geologically, it is very encouraging and not unique to have a VMS-type of mineralizing event proximal to magmatic nickel sulfide type occurrences and deposits.