Phone: +1.403.870.4349 | Email: info@fathomnickel.com
A historic mine in operation 1965-1969 that had a production grade of 3.28% nickel, 1.83% copper and 9.63 g/t platinum-palladium+gold. Historic mine remains open along strike to south, and a new mineralized zone was discovered 500 meters west-northwest of the historic Rottenstone mine in 2021. A historic nickel-copper mineral resource, the historic Gochager Lake deposit, defined 1966-1968. Drilling in 2023 discovered steeply oriented chutes of high-grade nickel-copper mineralization with very significant cobalt credits within the deposit. The Gochager Lake deposit open for expansion in all directions.
Very experienced, highly motivated team of nickel-copper-cobalt-PGE experts with world-wide experience exploring for, discovering and researching magmatic nickel sulphide deposits. Management proven track record of discovery, developing and executing takeover transactions.
Discovery of North American based magmatic nickel-copper-cobalt-PGE deposits (all Critical Minerals) is essential to secure domestic, reliable, environmentally, and socially responsible sources of these Critical Minerals to support industrial resilience, and electrification of the North American economy.
Top-tier-jurisdiction, consistently ranked in the top 5 jurisdictions to explore by the Fraser Institute. Pro exploration, development Provincial Government. Province very underexplored for magmatic nickel sulphide deposits since discoveries in the 1960’s. Company has established very good rapport with local communities and First Nations through regular consultation and collaboration.
Located within the magmatic nickel sulphide-rich Proterozoic Trans-Hudson Orogen, which extends across Saskatchewan into northern Manitoba and northern Quebec, Fathom’s projects cover a northeast-trending corridor of approximately 100 kilometres. Together, the two properties total more than 124,000 hectares. In Manitoba, the Thompson Nickel Belt has been in production since 1961, while in northern Quebec, the Raglan operations have produced high-grade magmatic nickel-copper-cobalt-PGE sulphides since 1997. Fathom’s exploration thesis is that Saskatchewan’s underexplored segment of the Trans-Hudson Orogen is equally fertile for magmatic nickel sulphide deposits as comparable districts in neighbouring Manitoba and Quebec.
There has been minimal follow-up exploration at the Albert Lake and Gochager Lake projects since the 1960’s. The limited work completed focused mainly on the historic deposits and did not assess the broader scale potential. Fathom is the first company to demonstrate that the host geology and mineralization styles at both projects are consistent with large, dynamic and open magmatic nickel sulphide systems.