Please join the Calgary Mineral Exploration Group on Friday, May 5th for a talk given by Ian Fraser, P.Geo. CEO, VP Exploration and Director of Fathom Nickel Inc.
Exploration Update for Fathom Nickel’s Albert Lake and Gochager Lake Projects
If you would like to attend the luncheon, please RSVP by email at megcalgary@gmail.com or by selecting one of the options below.
**Please RSVP as soon as possible in order to accommodate everyone for lunch.
Luncheon Details:
Date: Friday, May 5th, 2023
Location: Kerby Centre – downtown Calgary (1133 – 7th Ave. SW)
Doors open at 11:30 am
Talk starts at 12:00 pm (NOTE TIME FOR THIS LUNCHEON)
Membership: $20
Luncheon for Members: $30
Luncheon Non-members: $35
Talk and Beverage (Coffee, Juice, Pop): $10
University, SAIT, NAIT students: FREE with student ID (with purchase of membership)
NOTE: There is complimentary parking at the Kerby Centre. Parking lots are located beside the building (east) or across the LRT (North). Register your vehicle at Reception.
If you’d like to pay the Membership or Luncheon fee online, please click on the appropriate link below to be redirected to the secure Square website. Otherwise cash payment is available at the door.
- MEGS Friday Luncheons/Technical Talks: $30
- MEGS Membership: $20
- Talk and Beverage (Water, Coffee, Pop): $10
Presentation Abstract:
Exploration Update for Fathom Nickel’s Albert Lake and Gochager Lake Projects
The Albert Lake Property (formerly the Rottenstone Property) and Gochager Lake Properties are located within the Trans Hudson Orogeny (Corridor) and specifically, ~100 km due north of La Ronge Saskatchewan. The ~90,000 ha Albert Lake Property is famous as the host to the past producing, very high-grade Ni-Cu+PGE-Au Rottenstone Mine. Although of limited tonnes, the production remains one of the highest producers of magmatic nickel sulphide in Canadian history. Fathom in just two years as a public company has demonstrated that this small, high-grade magmatic nickel sulphide deposit does not occur in isolation but is part of a significantly larger magmatic nickel sulphide system. The Companies systematic approach to compiling historical data, applying geochemistry, geophysics and in particular borehole electromagnetic surveys (BHEM) has led to the discovery of the Bay-Island Trend; a 300+ meter zone of ultramafic hosted continuous nickel mineralization occurring ~500 m west-northwest of the past producing Rottenstone Mine. Exploration programs 2021 – 2023 have resulted in the Bay-Island Trend discovery, and equally as important, numerous other high-priority exploration targets at Albert Lake.
The Company optioned the Gochager Lake Property in September 2022 and recently expanded the land title to include SKRR Exploration Watts Lake property, bringing the current disposition to ~19,000 contiguous ha. The Gochager Lake Property is host to the historic Gochager Lake deposit interpreted to be a low-grade, bulk tonnage style of mafic hosted Ni-Cu-Co type mineralization. Fathom in a two-hole drill program; Q1-2023, has demonstrated there is a significant semi-massive to massive sulphide style of mineralization within the historic deposit. Furthermore; there is a very significant cobalt credit associated with this mineralization. BHEM utilized for the very first time in the history of the project, recognizes the semi-massive to massive sulphide mineralization and has defined a new zone of very strong off-hole conductivity; assumed to be semi-massive to massive sulphide mineralization, below the previously defined deposit boundaries. It is Fathom’s belief there is the potential of multiple high-grade semi-massive to massive sulphide lenses within the historic deposit that can alter significantly the tonnes and grade of the historic Gochager Lake deposit.
This talk will provide an exploration update on both properties, the exploration tools utilized and how Fathom plans on advancing both projects and demonstrate that the great province of Saskatchewan can host magmatic nickel sulphide deposits comparable to those currently in production within the Trans Hudson Orogeny.
Presenter Bio:
Ian Fraser, P.Geo. CEO, VP Exploration and Director of Fathom Nickel Inc.
Ian Fraser co-founded Fathom Nickel in 2015 with Brad Van Den Bussche. Ian graduated with a Bachelor of Arts degree, faculty of science; University of Western Ontario 1983, and with Bachelor of Science degree, Geology from Laurentian University in 1985. He is a self-employed Professional Geologist and a registered member with the Association of Professional Geoscientists (P. Geo.) of Alberta, Saskatchewan and British Columbia. With more than 35 years of in-depth experience in the mining and resource business, Ian has worked as an exploration geologist, project manager, and consulting geologist providing services to senior and junior exploration companies. Over his 35-year career Ian has been involved in numerous exploration projects in various capacities for gold, uranium, base metals, nickel-copper + PGE and coal. As Senior Geologist for Antioquia Gold (AGD – TSXV) September 2010 – April 2013 Ian supervised the exploration of the company’s Cisneros gold project; Colombia. Currently two gold deposits are in production at Cisneros providing significant employment and benefits to the local community. Ian was instrumental in the discovery of the Komis Gold Mine SK; Waddy Lake Resources, and as Chief Geologist oversaw all exploration and production while the gold mine was in operation. Ian is currently CEO, Vice President Exploration, and Director of Fathom Nickel Inc., a nickel focused exploration company with two very prospective projects in Saskatchewan, Canada. Ian is also currently Vice President Exploration of Sassy Gold Corporation and Gander Gold Corporation, both companies precious metal focused, with active programs in British Columbia and Newfoundland.