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Tartisan Nickel Corp. reports developments tied to its Canadian critical minerals exploration and development portfolio. The company’s recurring updates center on the Kenbridge Nickel-Copper-Cobalt Project near Sioux Narrows in Northwestern Ontario, including drilling results, geophysical work, mineralization targets and technical disclosure prepared under Canadian mining-reporting standards.
Company news also covers flow-through share financings directed to eligible Canadian exploration expenses, property additions around the Night Danger Turtle Pond area near Dryden, and governance matters from shareholder meetings. Tartisan also owns the Sill Lake Silver Property near Sault Ste. Marie and trades its common shares on the CSE, OTCQX and Frankfurt exchanges.
Tartisan Nickel Corp. has successfully arranged a flow-through financing totaling $4,482,022.29 and completed the first tranche, raising $1,901,974.29 through the issuance of 3,336,797 flow-through units at $0.57 each. Each unit includes a warrant priced at $0.85 for a period of two years. The financing will support the exploration and development of the Kenbridge Nickel Project. A second tranche of $2,580,048 is anticipated to close on or about June 18, 2021.
Tartisan Nickel Corp. has filed an amended Technical Report and Updated Mineral Resource Estimate for the Kenbridge Nickel Project. The report includes a recent visit by P&E Mining Consultants and updates from a winter geophysics program. Key findings reveal total Measured & Indicated Mineral Resources of 7.47 million tonnes at 0.6% Ni and 0.32% Cu, yielding 95 million pounds of contained nickel. The project shows potential for resource expansion and further exploration. The report adheres to Canadian mineral resource standards and utilizes updated economic assessments based on current metal prices.
Tartisan Nickel Corp. has released an updated Technical NI 43-101 Report for its Sill Lake Lead-Silver property, prepared by SMX International Corp. The report validates previous work by Chemrox Technologies and documents current claims, with no new fieldwork conducted since 2010. The Sill Lake property, consisting of 47 unpatented mining claims, holds an estimated 660,000 ounces of inferred silver resources. The report is filed on SEDAR, and Tartisan maintains a flagship asset in the Kenbridge Nickel Deposit.
Tartisan Nickel Corp. has announced updates on the Kenbridge Nickel Project following a Time Domain Electromagnetic survey. The survey identified two strong conductors, KBN1 and KBN2, indicating potential for nickel resource expansion. Historical drilling has shown promising results, including 2.95% Ni over 21.5 meters. The company plans to start drilling to enhance resource estimates. Tartisan also aims to update its Preliminary Economic Assessment to advance the project toward a Bankable Feasibility Study.
Tartisan Nickel Corp. (CSE:TN, OTC PINK:TTSRF) announced plans to initiate a normal course issuer bid (NCIB) to repurchase up to 5,246,456 common shares, equating to about 5% of outstanding shares. The buyback aims to enhance shareholder value, reflecting the company's belief that its underlying asset, the Kenbridge Nickel Project, is undervalued in the market. The NCIB is scheduled to begin on March 17, 2021, and conclude on March 17, 2022. Purchases will occur on the Canadian Securities Exchange at prevailing market prices, with shares acquired expected to be cancelled.
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Tartisan Nickel Corp. has acquired a 100% interest in lead-silver claims in the Sault Ste. Marie Mining District, Ontario, enhancing its Sill Lake property package. The purchase involved a cash payment of $75,000, issuance of 100,000 common shares, and a 2% net smelter return royalty. The Sill Lake project now spans 933.57 hectares with 47 mining claims. Historical estimates indicate a resource of 112,751 tonnes at 134 g/t silver and 0.62% lead. CEO Mark Appleby believes this acquisition will generate shareholder value in the short term.
Tartisan Nickel Corp. has appointed SMX International Corp. to update the Sill Lake Lead-Silver Property NI43-101 Resource Report, with Sean C. Muller as the Qualified Person. Muller brings over 40 years of experience in geology. Additionally, Omar Gonzalez has been named the new CFO, succeeding Lance Lu. Tartisan owns the Kenbridge Nickel Project and the Don Pancho Project in Peru, with a total of 101,603,550 shares outstanding. The company emphasizes ongoing exploration and development efforts in the mineral sector.
Tartisan Nickel Corp. has announced a live webinar scheduled for November 4, 2020, at 12 noon EST, where President & CEO Mark Appleby will discuss updates on the company and its flagship Kenbridge Nickel project. The webinar aims to provide insights into Tartisan's plans for mineral development in Ontario and Peru. Interested investors can register online for the event. Tartisan Nickel Corp. holds various exploration properties, including the Kenbridge Nickel Project and others, with a total of 101,603,550 shares outstanding.
Tartisan Nickel Corp. has acquired a 100% interest in the Glatz and Night Danger nickel-copper claims located near Dryden, Ontario, enhancing its portfolio as it aims to develop the Kenbridge Nickel Deposit into an operating mine. These claims include 16 units hosting significant historical mineralization, with previous assays showing up to 1.95% Ni and notable copper grades. This strategic acquisition is expected to complement Tartisan's overall objective of creating a central milling facility for its nickel projects.