Fathom Nickel Inc. announced the addition of the Friesen Lake property to the Company's growing property portfolio. The Friesen Lake property encompasses three mineral dispositions acquired by staking directly through the Government of Saskatchewan's MARS portal. Friesen Lake Property Highlights: Fathom recently staked 3 mineral dispositions (MC00019009, MC00019008, MC00019007), totaling 10,133 ha to cover the Friesen Lake Ni-Cu-Pt showing (Saskatchewan Mineral Deposit Index ["SMDI"] # 0928a), immediately adjacent to the Toppings Lake Cu-Ni showing (SMDI #0866).

The Friesen Lake showing and the Toppings Lake showing are located approximately 40km and 55km, respectively, southwest of the historic Rottenstone mine. The historic Rottenstone Mine was in production 1965-1969 and produced some of the highest magmatic nickel sulphide grades in Canadian mining history. The Friesen and Toppings Lake showings occur within ultramafic-mafic intrusive rock that have intruded paragneiss and migmatites that dominate the Rottenstone Domain.

At Friesen Lake, a northeast trending ultramafic dyke-like feature has been exposed over a strike of 240m and a width up to 60m. o Within this dyke-like feature, mineralization occurs as up to 1% combined pyrite- pyrrhotite-chalcopyrite with violarite (iron-nickel sulphide) blebs and stringers. o Saskatchewan Mineral Assessment Database (SMAD # 74A03-011) reports trench samples of mineralized bands within the dyke-like feature returned values up to 0.42% Ni, 0.29% Cu, 0.03% Co, 2.07 g/t Pt and 1.13 g/t Pd associated with 0.5% to 2% sulphides; very impressive Ni-Cu-Pt-Pd values given the very little sulphide content noted.

Historic drilling at the Friesen Lake showing yielded significant drillhole widths of ultramafic rock; up to 38.5m, with localized zones of mineralization yielding up to 565ppm Ni, 540ppm Cu, and 0.2 g/t Pd-Pt. A 1998 heli-borne biogeochemical survey which collected and analysed representative ash samples from the tops of 11 Black Spruce trees within the Friesen Lake showing area returned anomalous Ni (up to 352ppm), Cu (up to 407ppm) and Pd (up to12 ppb) values.