Tartisan Nickel Corp. Provides Updated National Intrument 43-101 Technical Report ON the Sill Lake Lead-Silver Property, Van Koughnet Township, Ontario
44 Victoria Street, Suite 1102, Toronto, Ontario, Canada M5C 1Y2
PRESS RELEASE: FOR IMMEDIATE RELEASE
TARTISAN NICKEL CORP. PROVIDES UPDATED NATIONAL
INTRUMENT 43-101 TECHNICAL REPORT ON THE SILL LAKE LEAD -
SILVER PROPERTY, VAN KOUGHNET TOWNSHIP, ONTARIO
Toronto, Canada, May 11, 2021 – Tartisan Nickel Corp. (CSE:TN; US-OTC:TTSRF;
FSE:A2D) (“Tartisan”, or the “Company” ) is pleased to announce that a Technical NI 43 -101
Report was prepared for Tartisan Nickel Corp. by SMX International Corporation (SMX), Sean
C. Muller, P.Geo. and John Rae, P.Geo. principal authors, as an update to work previously done
by Chemrox Technologies LLC from 2008 -2010. The Sill Lake Property as described in the
NI43-101 Technical Report and dated May 09, 2021 was visited by John Rae, P.Geo. in
December 2020. There has been no new field work done excepting site examination and an SMX
drone flight to observe any physical changes on the site sinc e 2010. The NI43 -101 Report is
essentially the validation and reinterpretation of the work previously done by Chemrox
Technologies LLC, documentation of the current claims package held by Tartisan , plus an
examination of an airborne spectrographic report prepared by Steele and Associates. Detailed
geological interpretations and modelling sources of resources are limited solely from the work
done by Chemrox Technologies LLC. Chemrox Technologies LLC is the predecessor company
of SMX International Corporatio n, so the principal Qualified Persons of both reports are the
same. The NI43-101 Technical Report will be filed on Sedar.
The Sill Lake Lead -Silver property consists of 47 unpatented mining claims in Van Koughnet
Township, about 30 kms north of Sault Saint Marie, Ontario. The Property is approximately
933.57 hectares . SMX validated the model and resource numbers generated by Chemrox
Technologies
LLC, and updated the market values in USD for the respective commodity prices as follows:
SMX further validated that there is about 660,000 ounces of inferred silver resources.
Qualified Persons
The technical information in this news release has been prepared in accordance with Canadian
regulatory requirements as set out in NI43-101 and reviewed and approved by Sean C. Muller
P.Geo., and John Rae P.Geo., both Qualified Persons as defined by NI43-101.
About Tartisan Nickel Corp.
Tartisan Nickel Corp. is a Canadian based mineral exploration and development company wh ose
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. also 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 (C SE:TN;
US-OTC:TTSRF; FSE:A2D). Currently, there are 104,333,606 shares outstanding (110,358,714
fully diluted).
Average Concentration per Tonne in Place
Estimated
Resources
Tonnes Ag opt Ag tr oz* Pb ppm Pb/Ag eq
troy oz** Zn ppm Zn/Ag eq
troy oz***
Measured
Indicated
35,703
67,941
4.52
4.37
161,490
296,843
6,371
6,452
18,100
33,879
2,274
2,177
8,342
15,186
Total >=60 ppm 103,644 4.42 458,333 12,823 52,979 4,451 23,528
Estimated
Resources
Silver
tr oz
Silver
value
(USD)*
Lead
lbs
Lead
value
USD**
Zinc
lbs
Zinc value
(USD)***
Measured
Indicated
161,490
296,843
$4,311,783
$7,925,708
501,513
966,452
$483,258
$931,273
179,008
326,118
$222,722
$405,756
Total >=60 ppm 458,333 $12,237,491 1,467,965 $1,414,531 505,126 $628,478
* Silver price is LME spot price of Feb. 26, 2021 at $26.70 USD/tr oz
** Lead price is based upon 3-month LME average of $0.9636 USD/lb
***Zinc price is based upon 3-month LME average of $1.2442 USD/lb
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 contain 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 neither approved nor
disapproved of the contents of this press release.