Fathom Nickel (CSE:FNI) has made a new discovery located 500m east-northeast of the Gochager Lake deposit, upon completing its Canadian winter drilling program at the project.
Drilling intersected broad zones of magmatic nickel-copper-cobalt sulphide mineralisation and robust borehole electromagnetic (BHEM) conductors were identified, including the strongest off-hole BHEM conductor encountered to date at the project.
The strongest off-hole BHEM conducted is located 1.6km east-northeast of the Gochager Lake deposit.
Vice President of Exploration Ian Fraser says the new discovery area will be subject to additional drilling once the company begins the Canadian summer phase of drilling in early June 2026.
“We will spend the next two months refining our interpretations of results from the winter program and planning new drillholes for the upcoming summer phase of the drill program,” Fraser says.
As part of the winter drill program, seven holes were drilled for 2,143m. Fathom Nickel remains fully funded to complete the combined 4,000m program.
Due to a logistical set-back, the company anticipates the release of all assays and the interpretation of assay results in mid-June 2026.
Gochager Lake is a 33,629 hectare property located 75km north-northeast of La Ronge and 22km west-northwest of Missinipe, Canada.
Fathom Nickel is a mineral explorer focused on targeting magmatic nickel sulphide discoveries to secure the supply of North American critical minerals and to support the global green energy transition.
Write to Aaliyah Rogan at Mining.com.au
Images: Fathom Nickel
