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
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
Recent News
- Company has completed a Spectral Analysis Survey
- Survey covered the patented and single-cell mining claims that make up the historic land position which contains the Kenbridge Deposit and the surrounding area, identifying several new exploration targets not only for nickel, copper, cobalt, but also for potential gold occurrences
- Analysis Survey shows the distribution and intensity of up to 304 minerals, with the first pass showing up to 16 minerals
- Each mineral can be classified into an exploration relevance for base metals, precious metals and industrial metals
Tartisan CEO Mark Appleby said, “the survey picked out the Kenbridge Deposit, and has shown the possible extension to the Kenbridge Deposit and three additional trends that relate directly to underlying geology and structure implicit in the Kenbridge Deposit. Of significant interest, the survey found two gold trends as well, which include the Violet and Nina historic gold occurrences. One of the occurrences is almost 54 hectares in size and covers almost all of three of our staked claims on the border of the Kenbridge property.”
Industry News
INDUSTRY BULLETIN: Nickel prices jump after Vale trims output target
INDUSTRY BULLETIN: Nickel prices get a boost from pandemic-driven ore supply tightness
INDUSTRY BULLETIN: Have the next crop of battery metals producers been oversold?
INDUSTRY BULLETIN: The thematic case for nickel
Click Here to View Kenbridge 43-101 Technical Report
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