Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Fathom Nickel Inc C.FNI

Alternate Symbol(s):  FNICF

Fathom Nickel Inc. is a Canada-based exploration company. The Company is targeting magmatic nickel sulfide discoveries to support the growing global electric vehicle market and to secure the supply of North American critical minerals. The Company has a portfolio of three exploration projects located in the prolific Trans Hudson Corridor in Saskatchewan: Albert Lake Project, Gochager Lake... see more

CSE:FNI - Post Discussion

Fathom Nickel Inc > Announcement of a 10 - 15,000 meter drill program???
View:
Post by megacopper on Apr 03, 2024 3:19pm

Announcement of a 10 - 15,000 meter drill program???

I'm not sure how they can say they are fully funded to carry out a 10 - 15k meter drill program with a 20 - 25 man camp at Gochager. Did they find an extra few million bucks we didn't know about. Lol



The first drilling this year was conducted on the Albert Lake Project, testing high-priority targets where multiple geophysical, geochemical, and geological indicators point to the presence of a potential deposit. In addition, further geophysical test work was conducted. According to Couloir Capital's estimates, the assays from the drilling campaign should be published by the end of April. Following the completion of this work and the activities planned for the Gochager Lake Property outlined below, some follow-up surveys (mapping, prospecting, geochemistry, EM, LiDAR) and more diamond drilling are planned in the year's second half.

The Gochager Lake Property will be drilled after the Albert Lake Project, targeting deep BHEM in-hole and off-hole conductors to test for the presence of the 'feeder' zone and associated mineralization, as outlined in the Gochager Lake Project (GLP) section. Follow-up EM and gravity surveys are planned. In the second half of the year, after results from the initial work are known and can be used to plan further exploration, the property will see more drilling and other exploration work before the year ends. The Company has also applied for an additional exploration permit for the Gochager Lake Property, which will enable the establishment of a 20-25-person exploration camp and extensive drilling (10,000 m - 15,000 m), amongst other things.

The Company is well-funded to carry out its exploration programs in 2024, and we can expect ample news flow throughout the year. The visual inspection of the drill core coming out of the ground should indicate the presence of sulphides, with assays to follow a few weeks later. We expect this cycle of visual inspection and assays to be repeated twice this year on each property, which will be exciting to follow."

Comment by Crashcomingsoon on Apr 03, 2024 3:25pm
Apparently that Couloir report was just released, but the information in it obsolete.  They are really behind the curve on what FNI is doing.
Comment by megacopper on Apr 03, 2024 4:51pm
  Sorry they didn't say fully funded. They said well funded. I think they are using that term loosely. lol 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities