[SMM Nickel Market Flash] Fathom Nickel Finds Two New Ni-Cu-Co Zones at Gochager Lake; Assays Due in August

Published: Jun 25, 2026 15:33

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Fathom Nickel (CSE: FNI) said Phase-2 drilling at its Gochager Lake project in Saskatchewan, Canada, identified two new zones of gabbro-hosted nickel-copper-cobalt mineralization, roughly 100 meters northeast and 150 meters southwest of the historic deposit. The intercepts, guided by borehole electromagnetic (BHEM) targeting, carried visible pentlandite and chalcopyrite in semi-massive to disseminated sulphides, consistent with the historic deposit style. With about two-thirds of the 3,000-meter program done, drilling is set to wrap by 30 June, with assays due in early August. Grades are not yet reported, so the result is a footprint expansion rather than a resource update; the August assays are the next catalyst for this North American magmatic-sulphide explorer.

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