FNI CF

FATHOM NICKEL INC

Saskatchewan, Canada

Fathom Nickel Inc. (“Fathom” reported on July 8, 2026, that the Phase-2 2026 drill program was successfully completed at the Company’s 100%-owned Gochager Lake Project located in northern Saskatchewan.

View Full Release >>

Beyond the Headline

Fathom Nickel Inc. (“Fathom” reported on July 8, 2026, that the Phase-2 2026 drill program was successfully completed at the Company’s 100%-owned Gochager Lake Project located in northern Saskatchewan.

The Phase-2 program consisted of 9 drillholes totaling 3,174.5m to follow up the Phase-1 drill program completed in March 2026 (7 drillholes, 2,144m) and was designed to further test both the Gochager Lake deposit mineralization along strike to the southwest and to depth, as well as newly defined targets stemming from Phase-1 of the program. Cost-saving initiatives allowed for drilling of an additional 1,000m more than originally planned.

Drilling in Phase-2 tested 800m of strike length across the Gochager Lake deposit mineralization footprint with successful follow-up of multiple off-hole geophysical anomalies.  Two new zones of mineralization are reported to have been intersected southwest and northeast of the historic Gochager Lake deposit.

Drill core processing and final delivery of samples to the laboratory were done on July 10, 2026, with assay results expected by mid-August. Visual results from the first two holes were released on June 24, 2026 – see my summary write-up for this release and drill hole location map from that release below (Figure 1).

Figure 1
Source: Fathom Nickel

Drill hole plan map (Fathom Nickel press release June 24, 2026).