For thousands of other reports visit RSC's Mineral Intellingence Map
Poseidon Nickel Ltd.
Summary
| Project: | Black Swan | |
|---|---|---|
| Deposit: | Black Swan | |
| Location: | Australia | |
| Commodities: | Nickel-Cobalt-Copper | |
| Date: | 5/6/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 6-5-2019: Poseidon Nickel Ltd. announces an Exploration/Drilling Update report for its Black Swan deposit at the Black Swan project. Drilling results incl. 223.1m @ 1.02% Ni from 51.75m. Poseidon Nickel Limited (ASX: POS or “the Company”) is pleased to an | |
| Resources: | (Reserve, Prob.): 3.427Mt @ 0.72 Ni, 0.11% Co, 0.26% Cu at Black Swan and Silver Swan | |
| CP/QP: | [Overall Report]: Steve Warriner (Internal) | |
| ABSTRACT: | Poseidon Nickel Limited (ASX: POS or “the Company”) is pleased to announce the successful completion of the current diamond drilling program targeting disseminated mineralisation 900m below the base of the Black Swan open pit and immediately adjacent to Poseidon’s Black Swan concentrator. Black Swan Operations are located approximately 50 kilometers north of Kalgoorlie. OBJECTIVES The 1,004m drilling program’s objective is to commence investigation of the opportunity to extend the currently known resources and reserves in the Black Swan deposit, which extends at depth below the Black Swan open pit. This area of initial focus and position relative to the Black Swan open pit and Silver Swan decline is shown in Figure 1 below. The Black Swan disseminated and Silver Swan massive sulphide orebodies are separate mineralised komatiite channels with the Silver Swan massive sulphide deposit being formed first, closely followed by the Cygnet deposit and then the Black Swan disseminated deposit. This pathfinder drilling will provide geological data and a platform for further geophysical electromagnetic (EM) testing. The core from these new drillholes will be used as the primary source material for assay as well as providing fresh material for mineralogical and metallurgical studies to ascertain sulphide recoveries. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report