Tartisan Nickel Corp said it has completed 3,200 meters (m) of a proposed 10,000m drill program at the company’s flagship Kenbridge nickel property in Ontario.
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.
“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 Nickel CEO Mark Appleby said in a statement.
READ: Tartisan Nickel files updated mineral resource for Kenbridge project showing good potential for expansion
“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,” Appleby added.
The company noted the first three drill targets have been completed and 137 samples have been delivered to the lab for analysis.
It added the drill rigs are currently drilling the fourth and fifth holes.
Tartisan also announced that two million stock options have been granted to directors, officers, and consultants of the company, exercisable for a period of five years at a price of $0.60 per share.
Tartisan Nickel is a Canadian mineral exploration and development company that owns the Kenbridge nickel project in northwestern Ontario, the Sill Lake silver property near Sault Ste. Marie, Ontario, as well as the Don Pancho manganese-zinc-lead-silver project in Peru.
A 2020 resource update at Kenbridge showed a Measured & Indicated 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, along with an Inferred resource of 0.985 Mt of 1% nickel and 0.62% copper, for 22 million pounds of contained nickel.
Contact Sean at sean@proactiveinvestors.com