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The Markets
by Proactive
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Small-cap coverage continues on .com
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The Markets
by Proactive
Proactive UK has moved.
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Fathom Nickel prepares for busy exploration summer after closing oversized financing

Fathom Nickel prepares for busy exploration summer after closing oversized financing

Fathom Nickel CEO Ian Fraser joined Steve Darling from Proactive to share news the company has completed its financing bringing in just under 3 million dollars in an oversubscribed offering. Fraser told Proactive the company is looking to use the proceeds on its Albert Lake Project and the Gochager Lake Project which are located in Saskatchewan. Currently, a geophysical crew is working at the Gochager Lake project to understand the geometry of the massive sulphide mineralization encountered earlier. This will aid in planning drilling activities scheduled for late July or August. Additionally, surface geophysics will be conducted at the Albert Lake project to focus on the Tremblay Olson claims, where a significant anomaly was detected.

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