(MENAFN- Investor Brand Network) Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) , a Canadian natural resource exploration and development company, is keen on targeting high-grade nickel sulfide developments for use in the rapidly growing electric vehicle market.“Led by a management team boasting over 100 years of combined mining and exploration experience and having raised gross proceeds of approximately C$7.5 million over the past six months to fund its incremental exploration work, Fathom Nickel has set its sights on developing two key nickel projects – the Albert Lake and Gochager Lake projects,” a recent article reads.“With total EV sales anticipated to swell from 2.5 million vehicles in 2020 to a massive 31.1 million electric automobiles in 2030, EVs are expected to comprise as much as 32% of total new vehicle sales within the next six years. Moreover, and with nickel-based technologies expected to comprise an ever-greater proportion of EV batteries going forward, Fathom Nickel is well situated to capitalize on the world's ongoing energy transition and provide clean, green Canadian nickel.”
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About Fathom Nickel Inc.
Fathom is an exploration company that is targeting magmatic nickel sulphide discoveries to support the rapidly growing global electric vehicle market. The company now has a portfolio of two high-quality exploration projects located in the prolific Trans Hudson Corridor in Saskatchewan: 1) Albert Lake, a 90,000+ hectare project that was host to the historic and past producing Rottenstone deposit (produced high-grade Ni-Cu+PGE, 1965-1969), and 2) Gochager Lake, a 22,000+ hectare project that is host to a historic, NI43-101 non-compliant open pit resource consisting of 4.3M tons at 0.295% Ni and 0.081% Cu.
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