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Poseidon Nickel Ltd unveils robust definitive feasibility study for Windarra Gold Tailings Project, shares higher

Poseidon Nickel unveils robust definitive feasibility study for Windarra Gold Tailings Project, shares higher We will be actively looking for a high-quality partner to work with to bring this project into production or a party to acquire the project so we can monetise the asset for Poseidon shareholders,” says CEO & MD. Aerial view of the Lancefield Gold Tailings (right foreground). Poseidon Nickel Ltd (ASX:POS, OTCQB:PSDNF, FRA:NYG1) has unveiled a definitive feasibility study (DFS) for the Windarra Gold Tailings Project, a precious metals asset in Western Australia’s Eastern Goldfields, with the study outlining a robust project. The nickel sulphide exploration and development company established a 150,000-gold-ounce ore reserve for the gold tailings asset, which sits within its broader Mt WIndarra Nickel Project.

Poseidon Nickel Ltd tables one of best results to date returning up to 2 1 metres at 13 79% nickel at Golden Swan

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. As understanding of the mineralised Golden Swan zone increases, drilling is focused on infilling the mineralised zone to indicated resource levels. Poseidon Nickel (ASX:POS) (OTCMKTS:PSDNF) (FRA:NYG) has tabled one of its best intersections to date with results from the Golden Swan trend returning up to 2.1 metres at 13.79% nickel. Within this intersection from 243.6 metres, which also included 0.66% copper, were 1.3 metres at 12.07% nickel and 1.02% copper and 0.8-metre at 16.5% nickel and 0.13% copper while the hole also returned 14 metres at 1.16% nickel from 279 metres.

Poseidon Nickel Ltd adds to high-grade continuity at Golden Swan with more strong nickel results

Poseidon Nickel Ltd adds to high-grade continuity at Golden Swan with more strong nickel results
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Poseidon Nickel Ltd adds to high-grade continuity at Golden Swan with more strong nickel results

Poseidon Nickel Ltd adds to high-grade continuity at Golden Swan with more strong nickel results
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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