Tartisan Nickel Corp. Provides Update on the 10,000 Meter Drill Program at the Kenbridge Nickel Deposit and Grants Stock Options

 

Tartisan Nickel Corp. (CSE:TN)(OTC PINK:TTSRF)(FSE:A2D) ("Tartisan", or the "Company") is pleased to provide an update on the exploration program at the Company's flagship Kenbridge Nickel Property where a 10,000 meter diamond drilling program is in progress. The drill program is designed to test the on strike and down dip potential for additional nickel sulphide mineralization to enhance the size and grade of the Kenbridge Deposit

 

As previously reported, two drill rigs have been mobilized to the site and are currently operating. A total of 3,200m of drilling has been completed to date (32% of the proposed 10,000m program). The first 3 drill targets have been completed (drill holes 198, 199 and 200 outlined on attached diagram) and a total of 137 samples have been delivered to TSL Labs in Saskatoon, Saskatchewan for analysis. The drill rigs are currently drilling the 4th and 5th drill holes (201 and 202).

 

Tartisan CEO Mark Appleby states, "The Tartisan 2021 drill program is testing multiple high probability targets as we look to add to the Mineral Resource Estimate at the Kenbridge Deposit, and additionally have proposed drilling a 400 meter conductor at the Kenbridge North site. Tartisan is committed to the rapid advancement of the Kenbridge Nickel Project, a source of the critical metals (nickel & copper) required for electric vehicles and battery storage to the North American supply chain".

 
 

Fig 1: Long section of the Kenbridge Deposit showing the proposed drill targets. Completed or Holes in Progress, are outlined in gray circles.

 

Grant of Stock Options
The Company also reported today that two million stock options have been granted to directors, officers, and consultants to the Corporation, exercisable for a period of five years, at the exercise price of sixty cents per share.

 

About Tartisan Nickel Corp.
Tartisan Nickel Corp. is a Canadian based mineral exploration and development company whose flag ship asset is the Kenbridge Nickel Deposit located in the Kenora Mining District, Ontario. Tartisan also owns; the Sill Lake Silver Property in Sault St. Marie, Ontario as well as the Don Pancho Manganese-Zinc-Lead-Silver Project in Peru.

 

Tartisan Nickel Corp. owns an equity stake in; Eloro Resources Limited, Class 1 Nickel and Technologies Limited, Peruvian Metals Corp. and Silver Bullet Mines Inc.

 

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE:TN)(OTC PINK:TTSRF)(FSE:A2D). Currently, there are 112,754,829 shares outstanding (122,050,344 fully diluted).

 

Dean MacEachern P.Geo. is the Qualified Person under NI 43-101 and has read and approved the technical content of this News Release.

 

For further information, please contact Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 (info@tartisannickel.com). Additional information about Tartisan Nickel Corp. can be found at the Company's website at www.tartisannickel.com or on SEDAR at www.sedar.com.

 

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

 

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

 

SOURCE: Tartisan Nickel Corp.

 

View source version on accesswire.com:
https://www.accesswire.com/659066/Tartisan-Nickel-Corp-Provides-Update-on-the-10000-Meter-Drill-Program-at-the-Kenbridge-Nickel-Deposit-and-Grants-Stock-Options

News Provided by ACCESSWIRE via QuoteMedia

The Conversation (0)
Closeup of periodic table highlighting nickel with a nickel block on its symbol.

South32 Announces Up to US$100 Million Sale of Cerro Matoso, Shifts Focus to Critical Minerals

South32 (ASX:S32,OTC Pink:SHTLF) said on Monday (July 7) that it has agreed to sell the Cerro Matoso nickel mine in Colombia to a subsidiary of CoreX Holding following recent changes in the nickel market.

South32 now plans to focus on critical minerals, describing its flagship Hermosa project in Patagonia as a “next generation mine.” Hermosa hosts the zinc-lead-silver Taylor sulphide deposit, and the zinc-manganese-silver Clark oxide deposit.

"The Transaction is consistent with our strategy and will further streamline our portfolio toward higher margin businesses in minerals and metals critical to the world’s energy transition,” said South32 CEO Graham Kerr.

Keep reading...Show less
FPX Nickel (TSXV:FPX)

FPX Nickel Completes Production Run of Battery-Grade Nickel Sulphate to Support Discussions with Prospective EV Battery Supply Chain Partners

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) ("FPX" or the "Company") is pleased to announce successful production of additional battery-grade nickel sulphate from its Baptiste Nickel Project ("Baptiste" or the "Project"). Building on the success of previous testing campaigns, a production run was completed to produce larger quantities of nickel sulphate crystals. The nickel sulphate samples, which meet the strict target specifications for battery applications, will be provided to selected prospective downstream partners including pCAM producers, battery companies, and automakers pursuing supply security, traceable sourcing, and low carbon intensity production.

"The production of high-purity nickel sulphate further positions us to engage in strategic discussions with prospective downstream partners across the global EV supply chain," commented Martin Turenne, FPX Nickel's President and Director. "This milestone further demonstrates the strategic flexibility of the Baptiste awaruite concentrate and the technical maturity of the awaruite refining process."

Keep reading...Show less
Nickel bars in front of a world map.

Top 9 Nickel-producing Countries

The top nickel producing countries list has been shaken in recent years by Indonesia's rapid rise to the top, beating the Philippines and New Caledonia.

Demand for nickel is mounting. Stainless steel accounts for the vast majority of nickel demand, but electric vehicle (EV) batteries represent a growing application for the base metal as the shift toward a greener future gains steam.

But while nickel's long-term outlook appears bright, it may face headwinds in the short term. Nickel prices have been trending down since breaking US$20,000 per metric ton in May 2024 as weak usage coincides with strong output from top producer Indonesia.

Keep reading...Show less
Ni-Co Energy

Ni-Co Energy Set to Mobilize Critical Minerals Exploration just 90 km from Montreal

Ni-Co Energy Inc. announces that its technical team will be mobilized to the Kremer property around mid-June 2025. The project is located approximately 90 km north of downtown Montreal and about 15 km from the nearest municipality, in a remote forested area with access via an existing road and close proximity to the hydroelectric grid.

Meet The Team:

Keep reading...Show less

Latest Press Releases

Related News

×