EXPLORATION & DEVELOPMENT

Poseidon adds scale to Silver Swan

THE nickel price surge may have sputtered since hitting near US$8 per pound in October, but Poseidon Nickel continues to position itself to ride the  next wave, delivering a big boost to its Silver Swan reserves, flagging a large target below the existing pit, and talking up the spice offered by its gold potential.

The  company remains hopeful of restarting operations within 18 months.

The company remains hopeful of restarting operations within 18 months.

The Silver Swan underground mineable ore now stands at 130,000 tonnes at 5.2% for 6800t nickel, a 106% increase over the past numbers, while resources, increased in August, stand at 16,030t of nickel at...

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