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InvestorNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Extends Gochager Lake Deposit Host Rock 3.5 Kilometers Along Strike 
October 23, 2025

InvestorNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Extends Gochager Lake Deposit Host Rock 3.5 Kilometers Along Strike 

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) announced an updated geology map incorporating recent prospecting and portable X-ray fluorescence (pXRF) geochemistry results from its Gochager Lake project. The company has mapped the host rock of the historic Gochager Lake deposit consistently along strike for at least 3.5 kilometers northeast of the original deposit, significantly expanding the mineralized trend. “We have applied the knowledge gained from drilling the historic deposit to surface exploration and have now expanded the Gochager Lake deposit container rock significantly along strike,” said Ian Fraser, CEO and VP Exploration. Fathom has received assays from its July 2025 program and expects additional rock and whole-rock geochemistry results from its September–October work by mid-November, as it continues developing high-quality nickel-copper-cobalt drill targets across the project.

To view the full press release, visit https://ibn.fm/QqeID

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 energy transition. The Company now has a portfolio of three high-quality exploration projects located in the prolific Trans Hudson Corridor in Saskatchewan:

1) The Albert Lake Project, a 90,000+ hectare project that hosts the historic Rottenstone Mine1. Fathom exploration to date at the Albert Lake project confirms: 

  • The high-grade Ni-Cu-Co+3E Rottenstone deposit mineralization extends to the south a minimum 40m and remains open. 
  • The Rottenstone deposit is potentially offset and continues within the footwall of a prominent fault defined by drilling. 
  • A new Rottenstone-like discovery (similar host rock, and similar mineralization) by drilling 500-550m W-NW of the historic mine; the 300+m Bay Island Trend, remains open along strike. 
  • Similar Rottenstone-like host rock and mineralization intersected by drilling approximately 1.5km S-SW of the historic mine (the Nic5-Tremblay-Olson area). 

2) The 33,000+ hectare Gochager Lake Project that hosts the historic Gochager Lake deposit2. Fathom exploration to date at the Gochager Lake project confirms: 

  • Vertical extension of Ni-Cu-Co mineralization a minimum of 150m below the historic Gochager Lake deposit interpreted boundary, and very good potential for expansion of mineralization in all directions. 
  • Multiple high-grade vertically oriented Ni-Cu-Co sulphide breccia mineralization zones and chutes occur within the historic deposit, and the zones, chutes remain open for further expansion and delineation in all directions. 
  • Surface mapping and soil / rock geochemistry has confirmed the Gochager Lake deposit host rock; the container rock and mineralization style extends a minimum 3.5km to the east-northeast and remains open for expansion along strike. 

3) The 10,000+ hectare Friesen Lake Project located 40km southwest of the historic Rottenstone Mine and 30km northwest of the historic Gochager Lake deposit.

The Friesen Lake property hosts the Olsen Cu-Ni-Pt Showing also referred to as the Friesen Lake Cu-Ni-Pt showing and is described as an ultramafic dyke that historic trenching and drilling demonstrates Cu-Ni-Pt-Pd and Au mineralization within the ultramafic dyke (Saskatchewan Mineral Deposit Index (SMID) #0928a). To date Fathom has not performed any exploration at the Friesen Lake Project.

NOTE TO INVESTORS: The latest news and updates relating to FNICF are available in the company’s newsroom at https://ibn.fm/FNICF

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