Tartisan Nickel poised for geophysical survey at flagship Kenbridge nickel-copper-cobalt project
Tartisan Nickel Corp (CSE:TN) (OTCMKTS:TTSRF) (FRA:8TA) is poised to conduct a geophysical survey at its flagship Kenbridge nickel project in northwest Ontario in a bid to assess potential targets for a drill program.
The company has hired Crone Geophysics & Exploration Ltd to complete the surface Time Domain Electromagnetic (TDEM) survey over targets identified to the north of the known nickel, copper, cobalt deposit at Kenbridge.
READ: Tartisan Nickel boosts its footprint at the Sill Lake lead-silver project with new claims
“The geophysical field crew is expected to mobilize to site in the next two weeks,” Mark Appleby, CEO of Tartisan told investors in a statement.
“Tartisan is planning a late spring early summer drill program on the down plunge and down dip extensions to the known deposit and will look to drill targets generated from the TDEM program,” he added.
“Tartisan will aggressively move the Kenbridge Nickel Project forward in 2021.”
A 2020 resource update for the project showed a measured and indicated (M&I) resource of 7.5 million tonnes (Mt) of 0.58% nickel and 0.32% copper for a total of 95 million pounds of contained nickel.
Mineralization at the deposit is open at depth and along strike and the asset is also equipped with a 622 metres (m) deep shaft.
On February 2 this year, the company announced that P&E Mining Consultants would be updating a previously published preliminary economic assessment (PEA) for Kenbridge,
A PEA in 2008 showed the average recovery of nickel over the life of mine was 86% and recovered was 84.6 million pounds. The pre-tax net present value (NPV) was pegged at $253 million and the pre-tax internal rate of return (IRR) was 65%.
The new PEA will identify the “critical next steps that Tartisan needs to take to move the Kenbridge deposit towards a Bankable Feasibility Study, including permitting, geotechnical, environmental, and geological considerations,” the company said in Tuesday’s statement.
Contact the author at [email protected]
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/942711/tartisan-nickel-poised-for-geophysical-survey-at-flagship-kenbridge-nickel-copper-cobalt-project-942711.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).