Company
Poseidon Nickel Ltd
ASX:POS
Poseidon Nickel Ltd (ASX:POS, OTCMKTS:PSDNK) is a Western Australia-focused nickel sulphide exploration and development company with a resource base of nickel and gold. The company's overarching aim is to explore and eventually established nickel operations where project risk capital and operating costs are low. Poseidon is developing the Windarra, Black Swan and Lake Johnston nickel projects, where exploration upside has been demonstrated within the Abi Rose deposit at Lake Johnston and the discovery of the Golden Swan mineralisation at Black Swan.
78 stories
Poseidon Nickel advances towards Black Swan Project restart with aggressive exploration planned at Golden Swan discovery
The Golden Swan Drill Drive construction project commenced in early December 2020 with completion scheduled for the end of this quarter.
Poseidon Nickel tables one of 'best results to date' returning up to 2.1 metres at 13.79% nickel at Golden Swan
The resource definition drilling program started in late April 2021 and is designed to increase confidence in the continuity of the Golden Swan mineralisation.
Poseidon Nickel in trading halt with assays pending from Golden Swan Nickel Project
Securities will remain halted until Tuesday, July 6, 2021, or when an announcement is released to the market.
Poseidon Nickel adds to high-grade continuity at Golden Swan with more strong nickel results
Golden Swan mineralisation remains open in both plunge directions, as high priority drilling continues to delineate extensions in both directions.
Poseidon Nickel on path to first production from Golden Swan in 2022, says MST Access
The company’s 13,000-metre resource drilling program originating from the Golden Swan drill drive is expected to deliver a maiden resource and will test for potential extensions beneath and adjacent to the current discovery.
Poseidon Nickel results of up to 3.05 metres at 6.72% nickel demonstrate Golden Swan high-grade continuity
The company is confident the Golden Swan resource drilling will result in the delineation of a maiden resource that has the potential to be exploited in the near term.
Poseidon Nickel completes Golden Swan drill drive with resource definition drilling underway
Further drilling of the highly prospective Southern Terrace will be undertaken from the new drill drive and two rigs are in position with the 13,000-metre resource definition program underway.
Poseidon Nickel MD & CEO makes further on-market share purchase
The company is targeting a financial investment decision by late 2021 and forecasts production from Golden Swan, within the Black Swan Nickel Project in 2022.
Poseidon Nickel MD & CEO demonstrates confidence in nickel strategy with on-market share purchase
The company is targeting a financial investment decision by late 2021 and forecasts production from Golden Swan, within the Black Swan Nickel Project in 2022.
Poseidon Nickel extending Golden Swan drill drive to reduce mine development time at Black Swan Project
The company is targeting a financial investment decision by late 2021 and forecasts production from Golden Swan in 2022.
Poseidon Nickel fully funded to advance Black Swan exploration this year
The company’s exploration strategy is to build a high-grade inventory at the project and report a maiden mineral resource for the new Golden Swan discovery by Q3 2021.
Poseidon Nickel reveals Lancefield gold tailings resource ahead of definitive feasibility study
The Lancefield tailings resource will be incorporated into the Windarra Gold Tailings Project definitive feasibility study which is due for completion in late quarter one of 2021.
Poseidon Nickel has Golden Swan Drill Drive underway
The company is developing the drill drive to provide a platform for resource definition drilling of Golden Swan and additional exploration drilling of the highly prospective Southern Terrace.
Poseidon Nickel shares up 11% on strong nickel hits at Silver Swan
Drilling has intersected very high-grade nickel, including 7.48 metres at 10.89% nickel.
Investments and investor services
Is the commodities shortage more a mirage than reality?
Samso seeks to help clients with business development and public investor/relation needs. Samso has over 30 years of experience in developing business ideas and concepts in the Australasian region.
Lefroy Exploration’s geophysical survey outlines large gravity anomaly at Mt Day
Geophysical data highlights a large, ovoid-shaped gravity high at Mt Day, which indicates the presence of a dense body of rock.
Investments and investor services
Base metals perform poorly in 2018 with analysts expecting ‘heightened volatility’ in 2019
Price corrections were the norm for base metals in 2018 and ongoing uncertainty around trade has offset price upside from declining supply and stronger demand.
St George Mining flags nickel sulphide’s importance to electric vehicles
The company is addressing UK investors this week and Australian nickel market players later this month.
Lithium Australia NL and Poseidon Nickel team up for lithium exploration in Lake Johnston
Aiming to establishing Lake Johnston as a central lithium processing hub.
Poseidon Nickel is a Leading ASX % Gainer after deal with Northern Star Resources
Poseidon plans to use existing plant and infrastructure to become a gold producer.
Aphrodite Gold Ltd and Poseidon Nickel Ltd move closer to gold production
The companies are aiming for a 50:50 joint ownership.
GTI Resources transitioning to gold production
GTI Resources (ASX:GTR) has entered into an option and lease agreement with Poseidon Nickel (ASX:POS) for the Windarra tailings dams and gold mining exploration leases in Laverton, Western Australia.
Lithium Australia NL takes advantage of data to identify lithium
Lithium Australia NL (ASX:LIT) has used newly acquired airborne geophysics data to identify known and possibly buried lithium-tantalum bearing pegmatites at the Mt Day and Lake Johnston projects, located 420 kilometres east of Perth.
Poseidon Nickel Ltd enters $6M per annum lease option with Kidman Resources
Poseidon Nickel Ltd (ASX:POS) has entered into an agreement with Kidman Resources Ltd (ASX:KDR) to lease its Lake Johnston facility for processing Kidman’s Mt Holland lithium ore.
Poseidon Nickel identifies lithium targets at Lake Johnston
Poseidon Nickel Ltd (ASX:POS) has generated eleven lithium targets after completing a soil sampling program over the prospective northern pegmatite zone at Lake Johnston.
Lithium Australia NL locks in access to proven lithium field in Western Australia
In the deal, Lithium Australia will receive all lithium rights over three licences that dominate coverage of the Lake Johnston lithium pegmatite field. Sampling by Poseidon on an adjacent tenement identified up to 3.85% lithium.
Mining Projects Group kicks off big nickel drilling in Fraser Range
The initial 5,000 metre diamond drilling program will test major nickel sulphide targets at Mining Projects Group’s flagship Roe Hills project in the Fraser Range. The company is fully funded to expand this to 10,000 metres if require
Poseidon Nickel's MD David Singleton spoke to full house in Sydney
David Singleton, managing director for Poseidon Nickel, yesterday spoke to a full-house of investors, analysts, brokers and fund managers in Sydney, discussing the company's recent transformational Black Swan nickel operation acquisition.
Poseidon Nickel to present at Sydney Investor Luncheon on July 9th
With production from its Mt Windarra Nickel Mine in Western Australia expected to begin later this year, managing director David Singleton will provide updates on its progress at the "Sydney Investor Luncheon" on Wednesday 9th July 2014. Se
Poseidon Nickel to discuss key Windara Nickel Project at “Stars in 2013”
Poseidon Nickel will discuss the Windara Nickel Project at the upcoming “Stars in 2013”. Chairman Andrew Forrest built a “new force in iron ore” with Fortescue Metals, and now with David Singleton who is CEO an