Tartisan Nickel Corp. (CSE: TN) has announced a proposed initial 1,200-metre diamond drill program at its Sill Lake Silver Project, located approximately 30 kilometres north-northeast of Sault Ste. Marie, Ontario. The program will test the silver-lead-zinc vein system beneath the historic Prace Mine workings and targets along an interpreted two-kilometre southeast structural extension. The announcement comes as silver prices remain elevated, with Kitco quoting the metal at approximately US$51.82 per troy ounce on November 6, 2026. Investors may be watching for assay results from recent field samples and confirmation of program financing and approvals.

Key Points

  • Tartisan Nickel Corp. (CSE: TN, OTCQB: TTSRF, FSE: 8TA) announced the proposed drill program on November 10, 2026.
  • Seven planned holes from five pads will test targets at depths ranging from approximately 60 to 160 metres below surface.
  • Subject to results, financing, and final approvals, the program could expand to approximately 2,400 metres.
  • Investors should watch for pending assay results from samples collected during a recent site visit and confirmation of program commencement.

Drill Program Design and Expansion Potential at Sill Lake

The proposed program comprises seven planned holes and a contingency allowance totalling approximately 1,200 metres from five pads. Target depths range from roughly 60 to 160 metres below surface, with HQ-size core planned for geological evaluation, sampling, and potential metallurgical work. One hole is planned to twin a 2008 drill hole to assess historical results. Borehole electromagnetic surveys are planned in two deeper holes to guide follow-up targeting. The company states that steeper holes from the same pads could expand the program to approximately 2,400 metres, subject to results, financing, and final approvals.

Prace Mine History and Sill Lake Silver Project Geology

Sill Lake is held through Canadian Arrow Mines Ltd., a wholly owned Tartisan subsidiary, and encompasses the historic Prace Mine, with exploration dating to the 1890s. Underground development and lead-silver concentrate shipments were reported as far back as the early 1980s, and mining resumed in the mid-1980s under Sill Lake Silver Mines. The release notes that historical production does not establish current economic viability, nor do historical workings and drilling establish a current mineral resource. Silver-bearing galena occurs in quartz-carbonate veins within a northwest-trending, steeply dipping vein system associated with faults between Huronian metasedimentary rocks and mafic intrusions.

Permitting, First Nations Engagement, and Pending Assay Results

Tartisan has received Early Exploration Permit PR-26-000145 and signed a Test Drilling Agreement and confidentiality agreement with the participating First Nation. Management recently visited the property with First Nations representatives to review site conditions and the proposed program. Samples collected during that visit have been submitted for assay, with results pending. The technical information in the release was reviewed and approved by Dean MacEachern, P.Geo., an independent consultant and Qualified Person as defined under NI 43-101.