| Announcement Date: | 2021-11-22 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | JORC |
| Company name: | Poseidon Nickel Ltd. |
| Project name: | Black Swan |
| Location: | Australia |
| Commodities: | Copper,Nickel,Cobalt |
| Highlight: | 13.6m of massive Ni-Cu sulphides intersected |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Poseidon Nickel (ASX: POS) (“Poseidon”, “the Company”) is delighted to provide the following update on the Silver Swan drilling program which is aiming to increase the high-grade resource base. Managing Director and CEO, Peter Harold, commented, “we are very pleased to have recorded a very wide intersection of 13.6 metres of massive sulphides within the Tundra Mute Resource in the Silver Swan channel. This is the best intersection so far in this drill program and is significant given that the average thickness of the Tundra Mute Inferred Resource was previously about 2 metres. The aim of this program is to increase the confidence in the resource, by converting existing resources from Inferred to Indicated and to potentially find high-grade mineralisation outside the current known resources. This latest hole will most certainly increase the amount of material in the Indicated Resource category. We are still planning to drill at least two deeper EM holes and look forward to seeing whether the EM surveys detect any EM plates beyond the current extent of the know mineralisation.” |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 60,000 company announcements
- Access announcements older than 7 days only
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Announcement Alerts and Notifications
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data