Fathom's Drone MAG Survey Neatly Correlates Results of the Summer Soil Geochemistry Program at Gochager Lake Project
Fathom's Drone MAG Survey Neatly Correlates Results of the Summer Soil Geochemistry Program at Gochager Lake Project
Drone MAG survey highlights include:
无人机磁力调查的亮点包括:
- Multiple and significant magnetic (MAG) anomalies neatly correlate with numerous multi-element (Ni-Cu-Co-Cr±Mg) anomalies defined by the recently completed soil geochemistry program (Figures 1 & 2).
- Areas of higher MAG intensity, directly associated with Ni-Cu-Co-Cr±Mg in soil anomalies, are further evidence of both extensions of known mafic to ultramafic rock in the subsurface at the Gochager Lake Property, as well as newly discovered mafic/ultramafic occurrences.
- MAG results further highlight priority areas that will be the subject of ground follow-up and surface geophysical surveys ahead of drill testing.
- 多个重要的磁性(MAG)异常与最近完成的土壤地球化学方案所定义的多元素(Ni-Cu-Co-Cr±Mg)异常明显相关(见图1和2)。
- 与土壤异常中的Ni-Cu-Co-Cr±Mg直接相关的更高磁性区域进一步证明了Gochager Lake Property地下已知MAFIC到超基性岩的延伸,以及新发现的MAFIC/超基性岩事件。
- MAG结果进一步突出了将成为地面跟进和地表地球物理调查重点区域的优先考虑。
Calgary, Alberta--(Newsfile Corp. - October 3, 2024) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the "Company" or "Fathom") is pleased to announce the results from an unmanned aerial vehicle ("UAV" or drone) high-resolution geophysical (MAG) survey performed at the Company's 100% owned Gochager Lake Property.
加拿大卡尔加里-(Newsfile corp. - 2024年10月3日)- Fathom Nickel Inc.(CSE: FNI)(FSE: 6Q5)(OTCQB: FNICF)("公司"或"Fathom")很高兴宣布无人驾驶飞行器("UAV"或无人机)高分辨率地球物理(MAG)调查在公司100%拥有的Gochager Lake Property上进行。
Fathom contracted TUZO GeoSurveys Corp. to perform the drone MAG survey. The survey was flown from August 7 to 10, 2024, resulting in 367.2 line-kilometers flown. Data acquisition was conducted with traverse lines flown at an azimuth of 145° with 30 meter spacing, and tie lines flown at an azimuth of 055° with 300 meter spacing. In all, the survey area covered 9.58 km2 and was flown directly over the area covered by soil geochemistry in June 2024. The results of this survey confirm that UAV is a very cost-efficient means of collecting high-resolution magnetic data and has contributed significantly to Fathom's understanding of the dynamic, historic Gochager Lake deposit and surrounding area.
Fathom委托TUZO GeoSurveys Corp.执行无人机磁力调查。此次调查于2024年8月7日至10日飞行,飞行了367.2公里的航线。数据采集进行时,横越线以145°方位飞行,间距30米,系线以055°方位飞行,间距300米。总体而言,调查区域涵盖了9.58平方公里,直接飞越了2024年6月土壤地球化学覆盖的区域。这次调查结果证实了UAV是一种非常经济高效的收集高分辨率磁性数据的手段,并对Fathom对动态历史Gochager Lake矿床及周围地区的了解有重要贡献。
Ian Fraser, CEO and VP Exploration stated, "We are very pleased with the results of the drone MAG survey and look forward to additional surveys of this type as we continue to explore the Gochager Lake Property. The detail from this survey provides a clearer perspective than the historic 2008 VTEM data from which we have been working with to date. This new MAG data, along with results of the summer soil geochemistry and mapping / prospecting results, is further confirmation that the "container" rock that hosts the Gochager Lake deposit, is very much open along strike. The MAG survey also further reveals the structural complexity of the deposit area. We were very intrigued to see the "eye-like" signal within our expanded footprint and the excellent correlation between MAG and soil geochem results. The eye-like feature is possibly mapping a dilatant zone within a broad regional feature we interpret to be the possible magma conduit of the Gochager Lake deposit. The survey area has not closed off these encouraging trends. Like the soil geochemistry results, expansion of the MAG survey is required along strike. Detailed MAG, soil geochemistry and surface EM surveys are proving to be very successful as we continue to build an inventory of high priority drill targets at the Gocher Lake Property."
首席执行官兼VP Exploration Ian Fraser表示:“我们对无人机磁力调查的结果感到非常满意,并期待在继续探索Gochager Lake Property时进行这种类型的额外调查。这次调查的细节提供了比我们迄今为止一直使用的2008年VTEm数据更清晰的视角。这些新的MAG数据,与夏季土壤地球化学和测绘/勘探结果一起,进一步证实了寄主Gochager Lake矿床的“容器”岩石沿走向仍然开放。MAG调查还进一步展示了矿床区域的结构复杂性。我们非常好奇地看到我们扩大的覆盖区内的“眼状”信号与土壤地球化学结果之间的出色相关性。这种“眼状”特征可能正在描绘Gochager Lake矿床的可能岩浆导管中的一个膨胀带。调查区域未关闭这些鼓舞人心的趋势。与土壤地球化学结果一样,需要沿走向扩展MAG调查。详细的磁性、土壤地球化学和地表Em调查正在证明在继续在Gocher Lake Property建立高优先级钻探目标库时非常成功。”
Figure 1 - Drone MAG Total Magnetic Intensity (TMI) Map
图1 - 无人机MAG总磁强度(TMI)地图
- The Gochager Lake Deposit - occurs and is associated with a MAG high that intensifies in strength to the W-SW and NE.
- The white dash line - outlines an apparent zone of dilation; an "eye-like" feature indicative of dilation or opening along NE-SW trending structure. Area of dilation corresponds with Anomalous Geochemical Trend (Figure 2).
- Area 1 - Strong NE-SW trending linear MAG corresponds directly with Ni-Cu-Co-Cr-Mg in soil anomaly (Figure 2) indicative of possible Gochager-like mafic-ultramafic rock subsurface.
- Area 2 - Strong linear MAG feature corresponds directly with well developed very linear, 500+m strong Ni-Cu-Co-Cr-Mg in soil anomaly (Figure 2). MAG indicative of possible Gochager-like, mafic-ultramafic rock subsurface. Linear geometry in MAG and soil suggests a possible dyke of mafic-ultramafic composition.
- Area 3 - Strong MAG corresponding directly with area of highest Ni (1650ppm) in soil.
- Gochager Lake Deposit - 发生并与MAG高度相关,增强强度向西南和东北延伸。
- 白色虚线 - 描绘了一个明显的膨胀区域;一个沿着东北-西南走向结构的膨胀或开放的“眼状”特征。膨胀区域与异常地球化学趋势相对应(图2)。
- 区域1 - 强烈的东北-西南走向线性MAG直接对应土壤中的Ni-Cu-Co-Cr-Mg异常(图2),表明可能存在类似Gochager的镁铁质岩石地下。
- 区域2 - 强烈的线性MAG特征直接对应发育良好的非常线性、500m以上的强Ni-Cu-Co-Cr-Mg土壤异常(图2)。MAG显示可能存在类似Gochager的镁铁质岩石地下。MAG和土壤中的线性几何形状暗示可能存在类似镁铁质岩石的岩墙。
- 区域3 - 强磁MAG与土壤中Ni含量最高(1650ppm)的区域直接对应。
Figure 2 - Ni in Soil Map
图2 - 土壤中的Ni分布图
- Area 1 direct coincident Ni in soil with MAG (Figure 1).
- Anomalous Geochemical Trend (grey shade) coincident with interpreted dilation zone (Figure 1).
- Area 2 - 500+m Ni in soil anomaly, linear and directly coincident with MAG (Figure 1).
- Area 3 - Highest Ni in soil directly coincident with MAG (Figure 1).
- 区域1直接重叠Ni在土壤中的MAG(图1)。
- 异常的地球化学趋势(灰色阴影)与解释的扩张带(图1)相符。
- 区域2 - 土壤异常中的500+m镍线性分布与磁异常(图1)直接一致。
- 区域3 - 土壤中最高的镍直接与磁异常(图1)相符。
Completion of Second Year Anniversary Payment of Gochager Lake Earn-In Agreement
完成GoCharger Lake赚取协议两周年付款
Fathom is also pleased to report that both the cash payment and share issuance for the second-year anniversary of the Gochager Lake Earn-In Agreement (the "Agreement") has now been completed. Under the terms of the Agreement, Fathom was required to make a cash payment of $30,000 and issue 250,000 shares in order to complete the Second Anniversary requirements. However, at the request of the vendor, the terms of the Second Anniversary requirements were amended to reduce the cash payment to $22,500 and increase the share issuance to 500,000 (the original 250,000 shares and additional 250,000 shares valued at $0.03 per share).
Fathom也很高兴地宣布,已完成GoCharger Lake赚取协议(“协议”)的第二周年现金支付和股票发行。根据协议条款,Fathom需要支付3万美元现金并发行25万股,以完成第二周年的要求。 然而,应供应商的要求,第二周年要求的条款已经修改,将现金支付降低到2.25万美元,并增加股票发行量至50万股(原始25万股),另外的25万股的每股价值为0.03美元。
Commenting on the Agreement, Doug Porter, President and CFO stated, "We were pleased when the Gochager Lake vendor approached us and requested an amendment to the Agreement to weigh more heavily towards the share issuance. This clearly demonstrates the vendor's continued belief in the potential of the Gochager Lake Property. With the required exploration spend of $2 million on qualifying exploration expenditures now also completed, we only have the final cash payment of $40,000 and the final issuance of 350,000 shares (required by September 16, 2025) in order to complete the earn-in of 100% of the Gochager Lake Project1."
就协议发表评论时,总裁兼首席财务官道格·波特表示:“当GoCharger Lake供应商接近我们并要求修改协议以更加偏向股票发行时,我们感到高兴。这清楚地表明供应商对GoCharger Lake物业潜力的持续信心。现在,完成了2,000,000美元的必要勘探支出,并且我们只需支付40,000美元的最终现金款项以及最终发行35万股(在2025年9月16日前要求)即可完成对GoCharger Lake项目1的全部赚取。”
1- Subject to a 2% Net Smelter Return ("NSR") Royalty. The NSR can be bought down to 1% based on a payment of $1,000,000 at Fathom's option.
1- 以2%净冶炼回报(“NSR”)特许权为前提。 NSR可以在Fathom选择的情况下通过支付100万美元降低到1%。
Quality Assurance / Quality Control (QA/QC) Disclosure Statement
质量保证/质量控制(QA/QC)披露声明
Strict quality control protocols were established and adhered to during the survey. These protocols were presented within a Logistics Report that was part of final deliverables to Fathom from TUZO GeoSurveys Corp. ALS GoldSpot Discoveries Ltd. vetted and processed the high-resolution drone magnetic survey data.
在勘测过程中建立并坚守严格的质量控制协议。这些协议包含在一份物流报告中,该报告是TUZO GeoSurveys Corp.向Fathom交付的最终成果之一。ALS GoldSpot Discoveries Ltd.对高分辨率无人机磁测数据进行了审查和处理。
Qualified Person and Data Verification
合格人员和数据验证
Ian Fraser, P.Geo., CEO, VP Exploration and a Director of the Company and the "qualified person" as such term is defined by National Instrument 43-101, has verified the data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of the Company.
该公司的首席执行官、勘探副总裁和董事Ian Fraser,P.Geo.是符合43-101号国家仪器定义的“合格人员”,已经验证了本新闻发布中披露的数据,并且已经审查和批准了本新闻发布中的技术信息。
About Fathom Nickel Inc.
关于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.
Fathom是一家勘探公司,旨在发现岩浆镍硫化物,以支持快速增长的全球电动汽车市场,并确保北美重要矿物的供应。
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 Mine2 (produced 28,724 tons @3.3% Ni, 1.8% Cu, 9.63 g/t 3E (Pd-Pt+Au) 1965-1969), and 2) the 22,000+ hectare Gochager Lake Project that is host to a historic, NI43-101 non-compliant open pit resource consisting of 4.3M tons at 0.295% Ni and 0.081% Cu3, and 3) the 10,000+ hectare Friesen Lake Project located 40km southwest of the historic Rottenstone Mine and 30km northwest of the historic Gochager Lake deposit.
公司现在在萨斯喀彻温省富有产矿带拥有三个高质量的勘探项目组合:1) 阿尔伯特湖项目,占地超过90,000公顷,曾是历史悠久的Rottenstone矿山(1965-1969年产出28,724吨@3.3% Ni, 1.8% Cu, 9.63 g/t 3E (Pd-Pt+Au)),2) 高查格尔湖项目,占地超过22,000公顷,曾拥有一座历史悠久、未符合NI43-101标准的露天资源矿坑,含430万吨0.295% Ni和0.081% Cu,3) 弗里森湖项目,占地超过10,000公顷,位于历史悠久的Rottenstone矿山西南40公里处,以及历史悠久的高查格尔湖矿床西北30公里处。
2 - The Saskatchewan Mineral Deposit Index (SMDI #0958) reports the production grades noted above from a small open pit. Fathom cannot confirm the production numbers nor a historic resource estimate that may have been in place ahead of production. The historic pit exists, and the Company trusts the production, as noted in SMDI #0958, to be accurate. The Company has performed test assaying of Rottenstone-type mineralization and results are consistent with production grades.
2 - 萨斯喀彻温省矿产指数报告(SMDI#0958)显示上述生产品位来自一个小型露天矿坑。Fathom无法确认生产数字或者可能在生产之前存在的历史资源估算。这座历史悠久的矿坑确实存在,公司信任SMDI#0958中所述的生产数据准确无误。公司对Rottenstone型矿化进行了测试化验,结果与生产品位一致。
3 - The Saskatchewan Mineral Deposit Index (SMDI #0880) reports drill indicated reserves at the historic Gochager Lake Deposit of 4,262,400 tons grading 0.295% Ni and 0.081% Cu mineable by open pit. Fathom cannot confirm the resource estimate, nor the parameters and methods used to prepare the reserve estimate. The estimate is not considered NI43-101 compliant and further work is required to verify this historical drill indicated reserve.
3 - 萨斯喀彻温矿产储量指数(SMDI#0880)报告,历史上的Gochager Lake矿床探明储量为4,262,400吨,品位为0.295%Ni和0.081%Cu,可通过露天采矿。Fathom无法确认资源估计,以及准备储量估计所使用的参数和方法。此估计不符合NI43-101标准,需要进一步工作验证这一历史上探明的储量。
ON BEHALF OF THE BOARD
代表董事会
Ian Fraser, CEO & Vice President Exploration
1-403-650-9760
Email: ifraser@fathomnickel.com
Ian Fraser,首席执行官兼勘探副总裁
1-403-650-9760
电子邮件:ifraser@fathomnickel.com
or
或者
Matthew Mickleborough, Investor Relations
1-306-531-3644
Email: mmickleborough@fathomnickel.com
Matthew Mickleborough,投资者关系
1-306-531-3644
电子邮箱:mmickleborough@fathomnickel.com
Forward-Looking Statements:
前瞻性声明:
This news release contains "forward-looking statements" that are based on expectations, estimates, projections and interpretations as at the date of this news release. Forward-Looking statements are frequently characterized by words such as "plan", "expect", "project", "seek", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur, and include, without limitation, statements regarding payment of terms under the Option Agreement, permitting for the Property, receipt of an exploration permit, timing of the exploration program on the Property and the Company achieving the earn-in thresholds under the Option Agreement. Forward-Looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-Looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances except in accordance with applicable securities laws. Actual events or results could differ materially from the Company's expectations or projections.
本新闻稿包含基于对本新闻发布日期的预期、估计、投影和解读的"前瞻性声明"。前瞻性声明经常以"计划"、"期待"、"项目"、"寻求"、"打算"、"相信"、"预期"、"估计"、"建议"、"表明"和其他类似词语或表述为特征,指出某些事件或条件"可能"或"将"发生,并且包括但不限于关于履行期权协议项下条件的声明、物业的许可、获得勘探许可、物业上的勘探计划的时间表以及公司在期权协议下实现入股门槛的声明。前瞻性声明涉及基于管理层的假设、未来结果的预测以及尚未确定金额的估计的信息。任何表达预测、期望、信念、计划、投影、目标、假设或未来事件或绩效的陈述都不是历史事实的陈述,可能是"前瞻性声明"。前瞻性声明受各种风险和不确定性的影响,这些风险和不确定性可能导致实际事件或结果与前瞻性声明中反映的结果不同,包括但不限于:未能及时获得充足的融资且符合可接受的条件的风险;与法律诉讼结果相关的风险;采矿和勘探所涉政治和监管风险;与维持股票交易所挂牌所涉的风险;与环境法规和责任相关的风险;勘探或开发活动延迟或可行性研究完成的风险;盈利的不确定性;涉及钻探结果、矿床地质、品位和矿床连续性解读的风险;与生产和成本估算的固有不确定性以及出现意外成本和费用的可能性相关的风险;可行性研究结果和预备性可行性研究的结果,以及未来勘探、开发或矿业结果可能与公司预期不一致的可能性;与大宗商品价格波动相关的风险;以及公司前景、资产和业务其他地方详细披露的风险和不确定性。此类前瞻性声明涉及已知和未知风险、不确定性和其他因素,这些因素可能导致公司的实际结果、绩效或成就与任何未来结果、绩效或成就在表达或默示的前瞻性声明中存在的结果大不相同。这些前瞻性声明截至本日期,公司不承担更新或修订这些声明以反映新事件或情况的任何义务,除非根据适用证券法规定。实际事件或结果可能大不同于公司的预期或预测。
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