Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA) 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 targets the silver-lead-zinc vein system beneath the historic Prace Mine workings and along an interpreted two-kilometre southeast structural extension. With an Early Exploration Permit already in hand and a Test Drilling Agreement signed with a participating First Nation, investors may be watching closely as the company moves toward fieldwork mobilisation.

Key Points

  • Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA) announced a proposed initial drill program at its Sill Lake Silver Project in Ontario.
  • The program comprises seven planned holes from five pads, totalling approximately 1,200 metres, with target depths ranging from roughly 60 to 160 metres below surface.
  • Kitco quoted silver at approximately US$51.82 per troy ounce on November 6, 2026, a price environment management considers supportive of renewed exploration.
  • Investors should watch for assay results from samples collected during the recent property visit and any update on program financing and final approvals.

Proposed Drill Targets at the Historic Prace Mine Site

The initial program consists of seven planned holes plus a contingency allowance, drilled from five pads. One hole is planned to twin a 2008 drill hole to assess historical results. HQ-size core is proposed for geological evaluation, sampling, and potential metallurgical work. Borehole electromagnetic surveys are planned in two deeper holes to guide follow-up targeting. Subject to results, financing, and final approvals, steeper holes from the same pads could expand the program to approximately 2,400 metres, potentially doubling the initial scope.

Sill Lake Silver Project Geology and Historical Context

Sill Lake is held through Canadian Arrow Mines Ltd., a wholly owned subsidiary of Tartisan, and encompasses the historic Prace Mine, with exploration dating to the 1890s. Silver-lead mineralisation occurs in a northwest-trending, steeply dipping vein system associated with faults at contacts between Huronian metasedimentary rocks and mafic intrusions. Silver-bearing galena appears in quartz-carbonate veins alongside zinc and copper sulphides. The company's 2023 airborne magnetic survey identified the interpreted two-kilometre southeast structural extension that the proposed drilling will now test. The company notes that historical production does not establish current economic viability, and mineralised continuity remains unconfirmed.

Permitting and First Nations Engagement at Sill Lake

Tartisan has received Early Exploration Permit PR-26-000145 and has signed a Test Drilling Agreement and confidentiality agreement with the participating First Nation. Management recently visited the property alongside 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 content of the announcement was reviewed and approved by Dean MacEachern, P.Geo., an independent Qualified Person under NI 43-101. The immediate share price impact was not clear from available public information.