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ASX:POS OTC:PSDNF FRA:NYG1

Poseidon Nickel Ltd

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Market:
ASX
Market Cap:
$306.4 m
Price
0.10 AUD
Change
-4.76%
52 weeks high
0.16
52 weeks low
0.05

In brief

Poseidon Nickel Ltd (ASX:POS) (OTCMKTS:PSDNK) (FRA:NYG1) is a Western Australia-focused nickel sulphide exploration and development company with a resource base of around 400,000 tonnes of nickel and 180,000 ounces of 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 the 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.

Snapshot

  • Poseidon Nickel’s maiden nickel-cobalt tailings estimate to enhance Black Swan project
  • Poseidon Nickel grows Golden Swan potential with more high-grade nickel sulphide intersections
  • Poseidon Nickel outlines 'fill the mill' restart strategy for Black Swan

Insight Widest with the analysis, Proactive gives perspectives that others don't.

Poseidon Nickel grows Golden Swan potential with more high-grade nickel sulphide intersections

The latest results, awaiting assay, come in a week that Poseidon Nickel shares hit a seven-year high.

on 07/27/2021