Tartisan Nickel Corp. Intersects 25.5 Metres of 1.13% Ni, 0.61% Cu, Including 4.5 Metres of 2.96% Ni, 1.66% Cu, and 1.5 Metres of 4.17% Ni, 2.14% Cu at the Kenbridge Nickelcopper-Cobalt Project, Nw Ontario.
44 Victoria Street, Suite 1102, Toronto, Ontario, Canada M5C 1Y2
PRESS RELEASE: FOR IMMEDIATE RELEASE
TARTISAN NICKEL CORP. INTERSECTS 25. 5 METRES OF 1. 13% N i,
0.61% C u, INCLUDING 4.5 METRES OF 2. 96% N i, 1.66% Cu, AND 1.5
METRES OF 4.17% Ni , 2.14% Cu AT THE KENBRIDGE NICKEL -
COPPER-COBALT PROJECT, NW ONTARIO.
Toronto, Canada, October 13, 2021 – Tartisan Nickel Corp. (CSE:TN; US-OTC:
TTSRF; FSE:A2D) (“Tartisan”, or the “Company” ) is pleased to provide an additional
update for the ongoing 10,000 metre diamond drilling program at the 100% owned
Kenbridge Nickel Project located in the Kenora Mining District, Ontario.
Highlights include KB21 -202 which intersected two nickel-copper zones at a drill
depth of 663.0 metres and 693.7 metres. The two zones are interpreted to represent the
downdip extension of the two horizons known as “ Zone A and Zone B ”, t he zones
intersected in holes KB21 -198 and KB21 -200. In KB21 -202 Zone A returned 25.5
metres of 1. 13% Ni and 0. 61% Cu including higher grade intersections of 4.5
metres of 2. 96% Ni and 1.66% Cu and 1.5 metres of 4.17% Ni and 2.14% Cu. This
hole was targeted approximately 200 metres down dip of previously released hole
KB21-198 which returned 25.6 metres of 1.03% Ni and 0.41% Cu (see press release
October 7, 2021). In KB21-202, Zone B returned 13.5 metres of 0.25% Ni and 0.13%
Cu.
Assay results for drill holes KB21-201 and 202 of the current drilling program are
provided in the table below. Holes KB21 -198 through KB21 -200 have been previously
reported.
Hole KB21-201 intersected one zone at a drill depth of 762.0 metres. Zone A returned
1.5 metres of 0.52% Ni and 0. 22% Cu. This hol e was targeted north of holes KB21-
202 and KB21-198.
Time Domain Electromagnetic (TDEM) survey s have been completed on drill holes
KB21-198 and KB21 -200. Interpretation suggest s that two parallel, steeply dipping ,
strongly conductive zones extend below the intersections from those holes. Hole KB21-
202 appears to confirm this interpretation. Hole KB21 -204 was targeted to test these
same interpreted conductors approximately 200 metres down dip of KB21-202. The
hole has been completed with ass ays pending. Hole KB21 -203 has been suspended
due to drill hole conditions. A geophysical crew has been mobilized to the site to survey
holes KB21 -199, 201, 202, and 204. The TDEM surveys will aid in guiding additional
diamond drilling.
Table 1.
Hole Number From (m) To (m) Length (m) %Ni %Cu %Co
KB21-202
A-Zone 663.0 688.5 25.5 1.13 0.61 0.030
including 672.0 676.5 4.5 2.96 1.61 0.066
including 673.5 675.0 1.5 4.17 2.14 0.082
B-Zone 697.5 711.0 13.5 0.25 0.13 0.010
KB21-201 762.0 763.5 1.5 0.52 0.22 0.015
The current drill program is designed to target the down dip and along strike extension
of the Kenbridge Ni -Cu Deposit. The Company additionally plans to test the Kenbridge
North target with diamond drilling during th e current drill campaign. The Kenbridge
North target is located approximately 2.5 kilometres north of the Kenbridge Nickel
Deposit and was identified from a ground based Time Domain Electromagnetic (TDEM)
survey completed in early 2021. The Kenbridge North target is interpreted to represent
similar rock types that host the Kenbridge Nickel Deposit. This combined with the EM
signature, Kenbridge North is a high priority drill target similar to the Ken bridge Nickel
Deposit model (SEDAR, May 5, 2021).
Figure 1.
Section looking south. Green outline is the current Mineral Resource . Blue and purple
are associated gabbro pyroxenite favorable host rocks . Hole 204 is located
approximately 150m below the deepest drill hole intersection completed in the 1950’s
(Drill hole K2011- 4.25% Ni over 3m)
The Company previously released an Updated Mineral Resource Estimate (MRE) of the
Kenbridge Nickel -Copper-Cobalt Project, Atikwa Lake Area, N orthwestern Ontario
(SEDAR June 1, 2021).
About Tartisan Nickel Corp.
Tartisan Nickel Corp. is a Canadian based mineral exploration and development
company whose flag ship asset is the Kenbridge Nickel Deposit located in the Kenora
Mining District, Ontario. Tartisan also owns; the Sill Lake Silver Property in Sault St.
Marie, Ontario as well as the Don Pancho Manganese-Zinc-Lead-Silver Project in Peru.
Tartisan Nickel Corp. owns an equity stake in; Eloro Resources Limited, Class 1 Nickel
and Technologies Limited, Peruvian Metals Corp. and Silver Bullet Mines Inc.
Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange
(CSE:TN; OTC:TTSRF; FSE:A2D). Currently, there are 110,817,303 shares outstanding
(122,113,344 fully diluted).
Dean MacEachern P.Geo . is the Qualified Person under NI 43 -101 and has read and
approved the technical content of this News Release.
For further information, please contact Mark Appleby, President & CEO and a Director
of the Company, at 416 -804-0280 ([email protected]). Additional information
about Tartisan Nickel Corp. can be found at the Company’s website at
www.tartisannickel.com or on SEDAR at www.sedar.com.
This news release may conta in forward -looking statements including but not limited to
comments regarding the timing and content of upcoming work programs, geological
interpretations, receipt of property titles, potential mineral recovery processes, etc.
Forward-looking statements address future events and conditions and therefore, involve
inherent risks and uncertainties. Actual results may differ materially from those currently
anticipated in such statements.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neith er
approved nor disapproved of the contents of this press release.