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To: LoneClone who wrote (9157)9/29/2025 6:10:53 PM
From: LoneClone  Read Replies (1) | Respond to of 9213
 
Fathom Announces Additional Prospecting Program Within Expanded Footprint at the Gochager Lake Project

newsfilecorp.com

September 29, 2025 7:45 AM EDT | Source: Fathom Nickel Inc

. Calgary, Alberta--(Newsfile Corp. - September 29, 2025) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the "Company" or "Fathom") is pleased to announce geology crews have mobilized back to the Gochager Lake Project to perform additional prospecting and pXRF (Portable X-ray Florescence) rock geochemistry on outcrop that was newly exposed after the recent regional wildfire (Fathom Press Release August 18, 2025).

The expanded "footprint" refers to favourable mineralized gabbroic - pyroxenite (ultramafic) rock types confirmed by prospecting, and anomalous pXRF rock geochemistry occurring up to 1.4km along strike to the east-northeast of the historic Gochager Lake deposit. Geology crews have returned to the property to continue the exercise of collecting chip samples at newly exposed outcrop and the scanning of individual chip samples on site with a pXRF device. Samples of non-mineralized and mineralized gabbro - pyroxenite will also be collected and submitted for multi-element assay, as well as for whole rock geochemistry analysis. The program is anticipated to last approximately one week. Refer to the map insert and specifically area in grey for the location of the prospecting and rock geochemistry program.

Ian Fraser, Fathom CEO and VP Exploration, stated, "I was recently at the Gochager Lake Project and witnessed the extent of the wildfire firsthand. It was very evident that outcrop exposure has increased immensely as a result of the wildfire. The wildfire has exposed more of the favourable gabbro unit in areas previously prospected and, importantly, in areas where thick forest and overburden cover made prospecting very difficult. Our chip sampling pXRF methodology has been very successful in identifying more of the favourable gabbro - pyroxenite units (host to the historic Gochager Lake deposit) along strike to the east-northeast. We are confident this program will add more definition to the expanded footprint and expand the favourable gabbro - pyroxenite units further along strike in what is developing into a gabbro - pyroxenite corridor that is now a minimum of 1.4km in strike."

The Company has begun to receive initial soil geochemistry results and anticipates having all soil and rock geochemistry assay results by mid-October. Results will be released upon complete evaluation and analysis of all soil and rock geochemistry samples.



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Quality Assurance / Quality Control (QA/QC) Disclosure Statement

As part of its ongoing exploration activities, Fathom is utilizing a portable Vanta™ XRF Analyzer ("pXRF") to provide real-time lithogeochemical, multi-element data on surface rock chip samples and rock grab samples collected in the field. The Vanta™ XRF Analyzer is a hand-held device, held in position for a total 120 seconds - beam 1 (30 seconds), beam 2 (60 seconds) and beam 3 (30 seconds) to allow for an effective reading of elements occurring at that specific point, and at that specific surface of a rock sample. All elements detected at that specific point; nickel, copper, cobalt plus key pathfinder elements, chrome and magnesium, are recorded. The reader is cautioned that pXRF data should be treated only as an indication of elements, as the accuracy of the beam position on a particular element is variable.

Qualified Person and Data Verification

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.

About Fathom Nickel Inc.

Fathom is an exploration company that is targeting magmatic nickel sulphide discoveries to secure the supply of North American Critical Minerals and to support the global green en