Agoracom Blog

CLIENT FEATURE: Tartisan Nickel $ Kenbridge Property Hosts M&I Resource of 7.14 Million Tonnes at 0.62% #Nickel, 0.33% #Copper $ $ $ $ $

Posted by AGORACOM-JC at 10:47 AM on Wednesday, July 3rd, 2019

Investment Highlights

  • Kenbridge property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper
  • 17.5 (21.8 fully diluted) percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property
  • Signed Binding Letter of Intent to Purchase Sill Lake Lead-Silver Property, Ontario Read More

Kenbridge Ni Project (ON, Canada)

  • Advanced  stage  deposit  remains open  in  three  directions,  is  equipped with a 623m  deep  shaft  and  has  never  been  mined. 
  • Preliminary  Economic Assessment completed and updated returned robust project 
    economics and operating costs including  a  NPV  of  C$253M  and  cash costs of US$3.47/lb of nickel net of  
    copper credits.
  • Plans for Kenbridge include updating PEA, advancing the project through to feasibility and exploring the open mineralization at depth

Sill Lake Silver-Lead property, Sault Ste. Marie Mining Division, Ontario.

  • Closed the acquisition of the past-producing Sill Lake Silver-Lead property, Vankoughnet Twp, Sault Ste. Marie Mining Division, Ontario.
  • Acquisition includes 13 single-cell mining claims and four boundary-cell claims that total some 372.8 hectares.
  • Lead-zinc-silver mineralization was discovered at Sill Lake in 1892; since that time sufficient works have been completed so as to define a (historical) measured and indicated resource of 112,751 tonnes of 134 g/t silver, 0.62% lead, and 0.21% zinc.
  • A 60 g/t cutoff for silver was used, with no cutoff used for base metals content.
  • Some 7,000 tonnes was exploited from the Sill Lake Project to produce a lead-silver concentrate which was sold to nearby smelters.

FULL DISCLOSURE: Tartisan Nickel Corp. is an advertising client of AGORA Internet Relations Corp.

Tags: , , , , ,

Comments are closed.