Tartisan Nickel Corp CEO Mark Appleby joined Steve Darling from Proactive to share news the company has completed and filed its Preliminary Economic Assessment for the Kenbridge Nickel Project in Ontario. Appleby telling Proactive the company’s PEA is focussed on the underground mining at Kenbridge and showed a 9 year mine life on a 1,500 tonne per day underground mining and processing operation. Pre-tax Net Present Value is estimated at 182.5 million using a 5% discount rate. Pre-tax Internal Rate of Return is 26% with the payback period is being 3.5 years on an after-tax basis.
Tartisan Nickel Corp files Preliminary Economic Assessment for Kenbridge Nickel Project in Ontario