Fathom Announces Maiden MRE for Gochager Lake
Original announcement by cse on
- Company
- Fathom Nickel Inc.
- Ticker
- FNI
- Exchange
- CSE
- Region
- Saskatchewan
- Primary commodity
- Nickel
- Secondary commodities
- Copper, Cobalt
- Document categories
- Resource update
- Extracted
- 2026-09-16 15:30:11 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Fathom Nickel has announced its maiden Mineral Resource Estimate for the Gochager Lake Ni-Cu-Co Deposit in Saskatchewan. The estimate comprises 858,701 tonnes of Indicated and 3,103,916 tonnes of Inferred resources, with nickel being the primary metal. The deposit remains open for expansion along strike and at depth.
Reasoning: The announcement of a maiden MRE for a Ni-Cu-Co deposit provides a significant baseline for the project, though metallurgical risk remains due to the lack of site-specific testing.
Positive factors
- Maiden Mineral Resource Estimate established
- Significant tonnage and grade for an emerging system
- Deposit remains open along strike and at depth
- High-grade NiEq zones identified within the resource
Negative factors
- No project-specific metallurgical test work completed
- Recoveries are based on analogous deposits (preliminary)
- Resource is 100% Inferred/Indicated with no Measured category
Facts used in scoring: 24
Classification and evidence
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: The announcement is for the first formal MRE for the Gochager Lake Deposit.
Evidence · text
“FATHOM NICKEL ANNOUNCES MAIDEN MINERAL RESOURCE”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The MRE was prepared in accordance with NI 43-101 standards.
Evidence · text
“in accordance with the 2014 Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Definition Standards for Mineral Resources and Mineral Reserves and Canadian National Instrument 43-101”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Qualified Persons Scott Jobin-Bevans and Curtis Ferron are named as responsible for the estimate.
Evidence · text
“The Qualified Persons responsible for the Mineral Resource Estimate are Scott Jobin-Bevans (P.Geo.) and Curtis Ferron (P.Geo.)”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The NSR cut-off grades for pit-constrained and out-of-pit resources are clearly stated.
Evidence · text
“Pit Constrained and $20.48/t NSR COG”
Extracted facts
Stored fact records: 24. Some facts used in scoring do not have a stored record.
Resource Estimates (24)
indicatedGochager Lake Project · nickelTonnes: 858701Grade: 0.41Grade Unit: %Contained Metal: 7734799Contained Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Project
- Commodity
- nickel
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:a5c5a38f598cba7a9b6b
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 858701
- Grade
- 0.41
- Grade Unit
- %
- Contained Metal
- 7734799
- Contained Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Indicated nickel grade of 0.41% is solid for a maiden estimate.
Positive factors
- Maiden resource
Evidence · text
“Total Indicated Mineral Resources of 858,701 tonnes at 0.41% Ni”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedGochager Lake Project · copperTonnes: 858701Grade: 0.12Grade Unit: %Contained Metal: 2197324Contained Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Project
- Commodity
- copper
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:a5c5a38f598cba7a9b6b
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 858701
- Grade
- 0.12
- Grade Unit
- %
- Contained Metal
- 2197324
- Contained Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Copper is a significant byproduct in this indicated resource.
Evidence · text
“0.12% Cu”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedGochager Lake Project · cobaltTonnes: 858701Grade: 0.03Grade Unit: %Contained Metal: 638053Contained Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Project
- Commodity
- cobalt
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:a5c5a38f598cba7a9b6b
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 858701
- Grade
- 0.03
- Grade Unit
- %
- Contained Metal
- 638053
- Contained Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Cobalt is a minor byproduct component.
Evidence · text
“0.03% Co”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredGochager Lake Project · nickelTonnes: 3103916Grade: 0.32Grade Unit: %Contained Metal: 22108763Contained Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Project
- Commodity
- nickel
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:2589fa717d6bf4cac590
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 3103916
- Grade
- 0.32
- Grade Unit
- %
- Contained Metal
- 22108763
- Contained Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Large inferred tonnage provides significant scale but lower confidence.
Positive factors
- Large tonnage
Negative factors
- Inferred category
Evidence · text
“Total Inferred Mineral Resources of 3,103,916 tonnes at 0.32% Ni”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredGochager Lake Project · copperTonnes: 3103916Grade: 0.09Grade Unit: %Contained Metal: 6293387Contained Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Project
- Commodity
- copper
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:2589fa717d6bf4cac590
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 3103916
- Grade
- 0.09
- Grade Unit
- %
- Contained Metal
- 6293387
- Contained Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Copper byproduct in inferred resource.
Evidence · text
“0.09% Cu”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredGochager Lake Project · cobaltTonnes: 3103916Grade: 0.03Grade Unit: %Contained Metal: 1788850Contained Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Project
- Commodity
- cobalt
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:2589fa717d6bf4cac590
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 3103916
- Grade
- 0.03
- Grade Unit
- %
- Contained Metal
- 1788850
- Contained Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Cobalt byproduct in inferred resource.
Evidence · text
“0.03% Co”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedGochager Lake Ni-Cu-Co · nickelTonnes: 631241Grade: 5579751Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- nickel
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:9cd7dcc739a0aa1be697
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 631241
- Grade
- 5579751
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Indicated nickel grade of 0.41% is solid for a maiden estimate. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Maiden resource
Evidence · table
“5,579,751”
Context: 631,241
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedGochager Lake Ni-Cu-Co · copperTonnes: 631241Grade: 1547491Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- copper
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:9cd7dcc739a0aa1be697
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 631241
- Grade
- 1547491
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Indicated nickel grade of 0.41% is solid for a maiden estimate. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Maiden resource
Evidence · table
“1,547,491”
Context: 631,241
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedGochager Lake Ni-Cu-Co · cobaltTonnes: 631241Grade: 461875Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- cobalt
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:9cd7dcc739a0aa1be697
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 631241
- Grade
- 461875
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Indicated nickel grade of 0.41% is solid for a maiden estimate. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Maiden resource
Evidence · table
“461,875”
Context: 631,241
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredGochager Lake Ni-Cu-Co · nickelTonnes: 1838107Grade: 11536642Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- nickel
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:fdbeb7246c5107425e97
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 1838107
- Grade
- 11536642
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Large inferred tonnage provides significant scale but lower confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large tonnage
Negative factors
- Inferred category
Evidence · table
“11,536,642”
Context: 1,838,107
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredGochager Lake Ni-Cu-Co · copperTonnes: 1838107Grade: 3478613Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- copper
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:fdbeb7246c5107425e97
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 1838107
- Grade
- 3478613
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Large inferred tonnage provides significant scale but lower confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large tonnage
Negative factors
- Inferred category
Evidence · table
“3,478,613”
Context: 1,838,107
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredGochager Lake Ni-Cu-Co · cobaltTonnes: 1838107Grade: 930856Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- cobalt
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:fdbeb7246c5107425e97
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 1838107
- Grade
- 930856
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Large inferred tonnage provides significant scale but lower confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large tonnage
Negative factors
- Inferred category
Evidence · table
“930,856”
Context: 1,838,107
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedGochager Lake Ni-Cu-Co · nickelTonnes: 227460Grade: 2155048Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- nickel
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:a6b0a65948cdc42154b5
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 227460
- Grade
- 2155048
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Indicated nickel grade of 0.41% is solid for a maiden estimate. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Maiden resource
Evidence · table
“2,155,048”
Context: 227,460
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedGochager Lake Ni-Cu-Co · copperTonnes: 227460Grade: 649832Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- copper
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:a6b0a65948cdc42154b5
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 227460
- Grade
- 649832
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Indicated nickel grade of 0.41% is solid for a maiden estimate. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Maiden resource
Evidence · table
“649,832”
Context: 227,460
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedGochager Lake Ni-Cu-Co · cobaltTonnes: 227460Grade: 176178Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- cobalt
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:a6b0a65948cdc42154b5
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 227460
- Grade
- 176178
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Indicated nickel grade of 0.41% is solid for a maiden estimate. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Maiden resource
Evidence · table
“176,178”
Context: 227,460
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredGochager Lake Ni-Cu-Co · nickelTonnes: 1265809Grade: 10572121Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- nickel
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:485b98e292f718059c1b
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 1265809
- Grade
- 10572121
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Large inferred tonnage provides significant scale but lower confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large tonnage
Negative factors
- Inferred category
Evidence · table
“10,572,121”
Context: 1,265,809
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredGochager Lake Ni-Cu-Co · copperTonnes: 1265809Grade: 2814774Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- copper
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:485b98e292f718059c1b
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 1265809
- Grade
- 2814774
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Large inferred tonnage provides significant scale but lower confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large tonnage
Negative factors
- Inferred category
Evidence · table
“2,814,774”
Context: 1,265,809
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredGochager Lake Ni-Cu-Co · cobaltTonnes: 1265809Grade: 857993Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- cobalt
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:485b98e292f718059c1b
- Deposit or zone
- Gochager Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 1265809
- Grade
- 857993
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Large inferred tonnage provides significant scale but lower confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large tonnage
Negative factors
- Inferred category
Evidence · table
“857,993”
Context: 1,265,809
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedGochager Lake Ni-Cu-Co · nickelTonnes: 858701Grade: 7734799Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- nickel
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:3e367b4aed7a6a4285a3
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 858701
- Grade
- 7734799
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Indicated nickel grade of 0.41% is solid for a maiden estimate. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Maiden resource
Evidence · table
“7,734,799”
Context: 858,701
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedGochager Lake Ni-Cu-Co · copperTonnes: 858701Grade: 2197324Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- copper
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:3e367b4aed7a6a4285a3
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 858701
- Grade
- 2197324
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Indicated nickel grade of 0.41% is solid for a maiden estimate. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Maiden resource
Evidence · table
“2,197,324”
Context: 858,701
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedGochager Lake Ni-Cu-Co · cobaltTonnes: 858701Grade: 638053Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- cobalt
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:3e367b4aed7a6a4285a3
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 858701
- Grade
- 638053
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Indicated nickel grade of 0.41% is solid for a maiden estimate. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Maiden resource
Evidence · table
“638,053”
Context: 858,701
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredGochager Lake Ni-Cu-Co · nickelTonnes: 3103916Grade: 22108763Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- nickel
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:4fe2ebf5b10cb7185421
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 3103916
- Grade
- 22108763
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Large inferred tonnage provides significant scale but lower confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large tonnage
Negative factors
- Inferred category
Evidence · table
“22,108,763”
Context: 3,103,916
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredGochager Lake Ni-Cu-Co · copperTonnes: 3103916Grade: 6293387Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- copper
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:4fe2ebf5b10cb7185421
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 3103916
- Grade
- 6293387
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Large inferred tonnage provides significant scale but lower confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large tonnage
Negative factors
- Inferred category
Evidence · table
“6,293,387”
Context: 3,103,916
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredGochager Lake Ni-Cu-Co · cobaltTonnes: 3103916Grade: 1788850Grade Unit: lbView all detailsHide details
Identity
- Project
- Gochager Lake Ni-Cu-Co
- Commodity
- cobalt
- Region
- canada_sk
- Reported Region
- Saskatchewan
- Ticker
- FNI
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Jobin-Bevans, Curtis Ferron
- Resource group id
- resource:4fe2ebf5b10cb7185421
- Mining method
- open_pit
- Ownership percent
- 100 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 3103916
- Grade
- 1788850
- Grade Unit
- lb
Prior Estimate
- Resource Date
- 2026-06-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Large inferred tonnage provides significant scale but lower confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large tonnage
Negative factors
- Inferred category
Evidence · table
“1,788,850”
Context: 3,103,916
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.