A nickel miner, backed by Andrew Forrest, has become ensnared in a $1 billion fraudulent trading scheme that is being investigated by Singapore authorities.
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. The completed Golden Swan drill drive with first nickel production anticipated in 2022.
Poseidon Nickel Ltd (ASX:POS) (OTCMKTS:PSDNF) (FRA:NYG) has completed the 465-metre Golden Swan drill drive at its Black Swan Project and started a 13,000-metre resource definition drilling program.
Contractor WestAuz completed the drill drive development underground and this includes the establishment of two dedicated drill positions to facilitate resource definition drilling of the Golden Swan mineralisation.
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