Fathom Nickel provides preliminary update on recent Gochager Lake drilling
Fathom Nickel CEO Ian Fraser joined Steve Darling from Proactive to share an exploration update regarding the company's Gochager Lake Project. Although official assay results are pending, Fathom Nickel has been actively evaluating and interpreting preliminary data, including pXRF (portable X-ray fluorescence) and borehole electromagnetic data.
Fraser revealed that the drillholes completed at the Gochager Lake Project have intersected multiple zones of semi-massive sulphide mineralization. These zones are characterized by being highly nickeliferous and conductive. Moreover, they exhibit a steeply plunging orientation, resembling a "chute," within a broader halo of nickel-bearing, disseminated sulphide mineralization.
Fathom Nickel is now in the process of utilizing all available data to prepare for an upcoming drill program scheduled for the first quarter of 2024. This program is expected to build upon the findings from the recent drilling and contribute to a more comprehensive understanding of the Gochager Lake Project's potential.
The presence of high-quality nickel-bearing mineralization in the project area indicates promising prospects for Fathom Nickel's exploration efforts. As the company continues to gather data and advance its drilling program, it aims to unlock the full potential of the Gochager Lake Project and contribute to the growing demand for nickel resources in various industries.
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