“Baseline studies continue at the Kenbridge nickel project and signify the company’s commitment to an approximate three years to production timeline. The company is continuing to review and implement all necessary steps in the permitting and mining approval process,” Tartisan’s CEO Mark Appleby said in a press release.
In July, the company released a positive preliminary economic assessment for the Kenbridge project, showing an after-tax net present value (at a 5% discount rate) of C$109 million with an internal rate of return of 20%.
The PEA indicated a nine-year mine plan based on a 1,500 t/d mining and processing operation, producing a total of 200,900 tonnes of nickel concentrate at 15% nickel and 66,900 tonnes of copper concentrate at 24% copper over the life of mine.
