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by Will Purcell

The critical and specialty minerals stocks box score for Thursday was a pleasant 112-70-128 as the TSX Venture Exchange added 34 points to 946. Ian Fraser's Fathom Nickel Inc. (FNI) lost one cent to three cents on 5.89 million shares. The company has assays from a new hole at its Gochager Lake nickel project in Saskatchewan. The results, from what the company geologizes as metasedimentary-hosted mineralization, suggest a new geologic model for the historical Gochager Lake deposit and a greatly expanded geological footprint, Fathom Nickel enthuses.

The hole, which returned a 7.22-metre interval averaging 0.34 per cent nickel, 0.15 per cent copper and 0.04 per cent cobalt, was aided by a 1.77-metre subinterval with 0.49 per cent nickel, 0.2 per cent copper and 0.05 per cent cobalt. If one chooses to squint further -- to mining widths that would force even the Seven Dwarves into back-breaking stoops -- the grades rise to 1.1 per cent nickel, 0.23 per cent copper and 0.12 per cent cobalt, but over just 0.41 metre.

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