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.
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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.