Upgrading Kenbridge Nickel Sulphide Deposit for the Electric Vehicle, Battery Storage Revolution

Kenbridge Property Hosts Measured and Indicated Resource of 7.5 Mt at 0.58% Ni and 0.32% Cu for a Total of 95 Mlb of Contained Nickel

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Tartisan Profile

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Why Tartisan Nickel?

(TN:CSE) (TTSRF: OTCQX)

Class 1 Nickel is a Battery Metal in Demand

Tartisan Highlights:

  • Positive Preliminary Economic Assessment for the 100% owned Kenbridge Nickel Project
  • 10,000 meter diamond drilling completed
    • Drill Highlights include two nickel-copper zones (Zone A and B) at a drill depth of 663.0 metres and 693.7 metres. KB21-202 Zone A returned 25.5 metres of 1.13% Ni and 0.61% Cu including higher grade intersections of 4.5 metres of 2.96% Ni and 1.66% Cu and 1.5 metres of 4.17% Ni and 2.14% Cu.
  • The drill program was 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
  • Four holes were completed on the Kenbridge North target for a total of 2,419 metres of drilling.
    • Currently waiting on assays

Kenbridge Nickel Deposit is a Class 1 Nickel project which can safely be put into production quickly at low capital cost 

Updated Mineral Resource Estimate:

  • 7.47 Ktonnes 0.6% Ni, 0.32% Cu open pit and underground
  • Measured and Indicated resources 985 Ktonnes Inferred at 1% Ni, 0.62% Cu
  • 117m lbs Ni, 66m lbs Cu

Increasing the Underground Resource at Kenbridge Via Drill Program

  • 4.25% nickel and 1.38% copper over 10.7 m
  • Open at Depth

Kenbridge North – Untested Potential to Discover additional Class 1 Deposits

  • Identified addditionla Nickel targets to dril

Tartisan Strategic Investment Holdings & Activities:

  • Eloro Resources, Class One Nickel and Technologies , Peruvian Metals Corp. and Silver Bullet Mines provide Tartisan shareholders an opportunity to participate in other high-quality projects
  • Concluded Normal Course Issuer Bid & purchased 4.8m Common Shares, approximately 4.64% of the company

Kenbridge Ni Project (Kenora, Ontario)

2021 Drilling:

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  • Property is accessible via gravel roads from paved Highway 71
    • Commenced construction on an all-season access road
    • 142 patented and unpatented staked units covering 2,637ha
    • Includes additional 27 claims contiguous to the deposit acquired to assess promising environments on strike of the deposit
  • Property is accessible via gravel roads from paved Highway 71
    • Commenced construction on an all-season access road
  • Underground development of the deposit extends from surface to a depth of 623 metres in a 3 compartment shaft, with 244 metres of drifts and 168 metres of crosscuts at the 110 and 150 metre levels
  • The minimum drill spacing is at 15.2metres on all levels.
  • The deepest hole extends to 838.4 metre depth and intersected mineralization grading 4.25% nickel and 1.38% copper over 10.7 metres, indicating that the deposit remains open at depth.
  • Historical surface drilling was completed at 30.5metre spacing
  • Preliminary  Economic Assessment completed and updated
  • Plans for Kenbridge include updating PEA, advancing the project through to feasibility and exploring  the open mineralization at depth
  • Environmental baseline studies have commenced

Kenbridge PEA:

Highlights of the PEA (All currency is $CDN unless stated otherwise)

focused solely on mining of the Mineral Resources at the Kenbridge Nickel Project underground mine and provides a solid base case for moving the Kenbridge Project forward.

  • Indicates a 9-year mine plan based on a 1,500 tonne per day underground mining and processing operation.
  • Measured and Indicated Mineral Resources represent 3,508,000 tonnes at 0.70% Ni, 0.35% Cu and 0.01% Co (54 Mlb Ni, 27 Mlb Cu).
  • Inferred Mineral Resources represent 1,013,000 tonnes at 1.21% Ni, 0.56% Cu and 0.01% Co (27 Mlb Ni, 13 Mlb Cu)
  • Metal prices are based on long-term industry consensus forecast with nickel representing the primary contribution to revenues. USD metal prices used in the PEA were USD$10/lb Ni, USD$4/lb Cu and USD$26/lb Co.
  • Life of mine ("LOM") processing recovers 200,900 tonnes of nickel concentrate at 15% Ni and 66,900 tonnes of copper concentrate at 24% Cu.
  • This results in 52.6 million lbs of payable Ni and 30.7 million lbs of payable Cu.

 

Location of the Kenbridge Ni-Cu Deposit & Kenbridge North

Long Section of the Kenbridge Deposit looking west showing drill hole pierce points and modelled TDEM anomalies. Green outline is the current Mineral Resource

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Aster Funds Survey of Kenbridge Nickel Project
Tartisan CEO Mark Appleby said, “the survey picked out the Kenbridge Deposit and has shown the possible extension to the Kenbridge Deposit and three additional trends that relate directly to underlying geology and structure implicit in the Kenbridge Deposit.

  • Of significant interest, the survey found two gold trends as well, which include the Violet and Nina historic gold occurrences. One of the occurrences is almost 54 hectares in size and covers almost all of three of our staked claims on the border of the Kenbridge property.”

Key Projects:

Silver Bullet Mines: Shareholder

Near Term Silver Production, Arizona

  • Developing Mineral Assets (Silver, Gold and Copper) in the Western United States
  • 125 Metric Tonnes Per Day Modular Plant Commissioned
  • High Grade Silver
  • Imminent Pilot Plant Production

Don Pancho Manganese Silver Zinc Project (Peru)

  • Excellent infrastructure: access via Lima by mostly asphalted roads, located 6 km east of the 15MW Tingo Hydroelectric Plant, and 9km west of Trevali Mining Corp.’s Santander Zn-Pb-Ag Mine
  • Exploration Targets Remain Open: 6 drillholes, interescted polymetallic mineralization (best intercept 4.4% Zn, 3.3% Pb, 61 g/t Ag over 1.15m) •
  • Carbonate Replacement Deposit model, drill program in design to test structural controls of mineralization at angles to previous drilling

Sill Lake Silver-Lead Project (Sault Ste. Marie)

  • Acquisition includes 13 single-cell mining claims and four boundary-cell claims that total some 372.8 hectares.
  • Lead-zinc-silver mineralization was discovered at Sill Lake in 1892; since that time sufficient works have been completed so as to define a (historical) measured and indicated resource of 112,751 tonnes of 134 g/t silver, 0.62% lead, and 0.21% zinc.
  • A 60 g/t cutoff for silver was used, with no cutoff used for base metals content.
  • Some 7,000 tonnes was exploited from the Sill Lake Project to produce a lead-silver concentrate which was sold to nearby smelters.
  • Company has completed a Spectral Analysis survey and a Synthetic Aperture Radar survey over the Sill Lake Lead-Silver Project, Vankoughnet Township, Ontario. The surveys covered all 22 single-cell mining claims as well as the four boundary-cell mining claims owned by the Company's subsidiary, Canadian Arrow Mines Limited.

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Last changed at 03-Oct-2022 12:00PM by AGORACOM