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Tartisan Nickel Corp ( (TSE:TN) ) has issued an update.
Tartisan Nickel Corp. is moving to reactivate its 100%-owned Sill Lake Silver Project, a 970-hectare former silver-lead producer located north of Sault Ste. Marie, Ontario, by advancing renewed exploration and development efforts. The property hosts a historic NI 43-101 mineral resource estimate for the main vein totalling 103,644 tonnes in measured and indicated resources grading 4.42 oz/ton silver, with associated lead and zinc, and the company plans to evaluate three underexplored vein trends that may hold additional silver mineralization. As part of its advancement strategy, Tartisan is compiling historic data, defining priority drill targets, assessing permitting and infrastructure needs, and initiating stakeholder engagement, positioning Sill Lake as a brownfields silver-lead opportunity in a established Ontario mining jurisdiction that could yield meaningful results through modern validation and drilling programs, though the existing resource figures remain historical and non-current.
The most recent analyst rating on (TSE:TN) stock is a Hold with a C$0.41 price target. To see the full list of analyst forecasts on Tartisan Nickel Corp stock, see the TSE:TN Stock Forecast page.
Spark’s Take on TSE:TN Stock
According to Spark, TipRanks’ AI Analyst, TSE:TN is a Neutral.
The score is held down primarily by weak financial performance (pre-revenue operations with ongoing cash burn and losses, implying reliance on external funding) and poor valuation signals (negative P/E). Technicals are a partial offset due to a strong uptrend and positive MACD, but extremely elevated RSI/Stoch suggest the move may be overextended.
To see Spark’s full report on TSE:TN stock, click here.
More about Tartisan Nickel Corp
Tartisan Nickel Corp. is a Canadian-based critical minerals exploration and development company focused on nickel and silver-lead projects in Ontario. Its key assets include the Kenbridge Nickel Project near Sioux Narrows, the Sill Lake Silver Project near Sault Ste. Marie, and the Night Danger Turtle Pond Project near Dryden. The company is listed on the Canadian Securities Exchange, the OTCQB, and the Frankfurt Stock Exchange, with over 152 million common shares issued and outstanding.
Average Trading Volume: 98,263
Technical Sentiment Signal: Buy
Current Market Cap: C$51.09M
See more data about TN stock on TipRanks’ Stock Analysis page.