MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Stakes New Ground Southwest of Albert Lake Property

Company: Fathom Nickel Inc. (FNICF)
Category: News

Fathom Nickel (CSE:FNI) (FSE: 6Q5) (OTCQB: FNICF) today announced the addition of the Friesen Lake property to its growing portfolio. The property encompasses three mineral dispositions acquired by staking directly through the Government of Saskatchewan’s MARS portal. “In light of recent activity in the Albert Lake property area, we made the decision to stake three claims to cover the Friesen Lake Ni-Cu-Pt showing and acquire land that puts us adjacent to the Toppings Lake Cu-Ni showing,” said Ian Fraser, CEO and VP Exploration. “Both showings are ultramafic-mafic hosted and have the potential to host significant magmatic nickel sulphide-styles of mineralization. Of significant interest to us is the platinum-palladium associated with the Friesen Lake showing. It is very intriguing to us that >1 g/t Pt-Pd occurs in historic surface trenching and that significant Pt-Pd has been confirmed in historic drilling at Friesen Lake. The recent Ramp Metals Inc. drill result announcement has brought a lot of attention to the area and, as the accompanying Figure 1 illustrates, a bit of a staking rush. We felt it was important for Fathom to secure these dispositions and cover these known Ni-Cu-Pd-Pt showings before the staking frenzy grabbed this land ahead of us. As first movers in the area, we believe we have the largest and most prospective land package this region has to offer, providing us incredible exploration optionality.”

To view the full press release, visit https://ibn.fm/gVQVH

About Fathom Nickel Inc.

Fathom is an exploration company that is targeting magmatic nickel sulphide discoveries to support the rapidly growing global electric vehicle market and to secure the supply of North American critical minerals. The company now has a portfolio of three high-quality exploration projects located in the prolific Trans Hudson Corridor in Saskatchewan: 1) the Albert Lake Project, a 90,000+ hectare project that was host to the historic and past producing Rottenstone Mine, 2) the 22,000+ hectare Gochager Lake Project that is host to a historic, NI43-101 non-compliant open pit resource, and 3) the 10,000+ hectare Friesen Lake Project located 50km southwest of the historic Rottenstone Mine and 30km northwest of the historic Gochager Lake deposit.

NOTE TO INVESTORS: The latest news and updates relating to FNICF are available in the company’s newsroom at https://ibn.fm/FNICF

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