Encouraging Results Reported by Fathom at Albert Lake Nickel/PGE Project [Yahoo! Finance]
Cameco Corporation (CCJ)
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Source: Yahoo! Finance
issued by Fathom Nickel ("FNI.CN":CSE) or "Fathom" on their 100% owned Albert Lake Project in Saskatchewan, a portion of which is underlain by dispositions subject to royalties held by Eagle Royalties. The majority of holes drilled by Fathom during the Winter 2024 program were located on mineral dispositions subject to a 2% net smelter royalty (the "Royalty") held by Eagle Royalties (see location map, following). The Royalty may be reduced to 1% upon payment to Eagle Royalties of CDN $1,000,000. See drill-hole location and summary map here According to a news release issued by Fathom on April 16th 2024, six drill-holes (AL24075 - AL24080), totaling 1,386 meters were completed over the winter at Albert Lake, with Hole AL24077 reported to intersect elevated nickel tenor values similar to that of the historic Rottenstone Ni-Cu+PGE Deposit located 1.2km to the north. Furthermore, bore-hole electromagnetic ("BHEM") geophysical surveys completed on select holes indicated the presence
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- 4/30/24 - Miss
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Sec Filings
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- 4/5/24 - Form 6-K
- CCJ's page on the SEC website