Announcement Date: 2022-07-12
Announcement Type: PEA
Announcement Code: NI43-101
Company name: Tartisan Nickel Corp.
Project name: Kenbridge
Location: Canada
Commodities: Copper,Nickel
Highlight: PEA results incl. post-tax NPV (5%) of US$109M & IRR of 20%
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, Ontario–(Newsfile Corp. – July 12, 2022) – Tartisan Nickel Corp. (CSE: TN) (OTCQX: TTSRF) (FSE: 8TA) (“Tartisan”, or the “Company”) is pleased to announce the completion of a positive Preliminary Economic Assessment (“PEA”) for the 100% owned Kenbridge Nickel Project. The Kenbridge Nickel Project is in the Kenora Mining District, NorthwesternOntario. Kenbridge has an existing shaft to a depth of 2,042 ft (622 m), with level stations at 150 ft. (45 m) intervals below the shaft collar and two levels developed at 350 ft (107 m) and 500 ft (152 m) below the shaft collar. The PEA was independently prepared by P&E Mining Consultants Inc. (“P&E”) of Brampton, Ontario under the supervision of Eugene J. Puritch, P.Eng., FEC, CET. Highlights of the PEA(All currency is $CDN unless stated otherwise) This PEA is 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. The PEA indicates a 9-year mine plan based on a 1,500 tonne
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