Fathom Nickel CEO Brad Van Den Bussche (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF)
Fathom Nickel CEO Brad Van Den Bussche (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) - RICH TV LIVE - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the "Company" or "Fathom") is pleased to announce that it has commenced drilling activity at its wholly owned Albert Lake Property, host to the historic Rottenstone mine that produced some of the highest grades of Nickel and Platinum Group metals.
The Company has commenced a two-phase fall / winter 6,000-meter drill program. Phase-1 will end mid to late October and Phase-2 will commence late January 2022.
The drilling activities are a follow-up to our winter 2021 drill program, BHEM targets identified in historic drilling, the property-wide gradient MAG survey, a recent gravity survey, localized TDEM surveys, the summer mapping and soil geochemistry program and areas where significant ultramafic intersections were drilled by previous operators of the property.
Note that in a news release issued on August 30, 2021 the Company announced the commencement of an AirTEM survey at Albert Lake. Due to a technical issue this program has been postponed.
The Company has a cash position of approximately $7.2 million and is fully financed to execute on both its fall 2021 and winter 2022 exploration programs.
Brad Van Den Bussche, Fathom's President & CEO also provided a brief statement on the timing of Fathom's fall 2021 exploration program, "We are very pleased with the resumption of drilling activity at the Albert Lake Property. Over the summer months the team completed Phase 1 & 2 of the surface exploration program to better refine our geological model and further define targets for the current drill program. We are excited about the growth forward as we identify additional mineralized areas".
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