POSEIDON NICKEL NEWS, MEDIA & UPDATES

Poseidon announces sale of nickel concentrate from Lake Johnston

Poseidon Nickel Limited (ASX:POS) is pleased to announce the sale of nickel concentrate from its Lake Johnston facility. The sale is for up to 4,000 tonnes of concentrate with an approximate value of A$2.3m*.   For further information on this latest news, click here to read the full article.

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Bankable Feasibility Report Supports Project Restart

Poseidon Nickel Limited (ASX:POS or the Company) is pleased to announce that it has completed a full Bankable Feasibility Study (BFS) for its 100% owned Lake Johnston Nickel Project which supports its strong economics. The study confirms that the operations can be brought back into operation in a few months, at a low level of […]

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Poseidon Completes Purchase of Black Swan

Poseidon Nickel Limited (ASX:POS) is pleased to announce that it has taken full operational control of the Black Swan nickel operation from OJSC MMC Norilsk Nickel (“Norilsk”).  This follows announcement of the acquisition in 2014 which was then subject to legal completion activities.   The acquisition of the project brings with it the Black Swan […]

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New Mineralised Zone Identified at Lake Johnston

Poseidon Nickel Limited (ASX:POS or the Company) is pleased to announce that is has now assayed 29 underground diamond drill holes that were completed at Lake Johnston prior to its acquisition.  These results will increase the potential life of the mine and enhance the profitability of the intended restart.   In the resource estimate published […]

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Poseidon Nickel Lake Johnston Major Resource Upgrade

Poseidon Nickel Limited (ASX:POS) is pleased to provide this update to its activities at Lake Johnston following the acquisition of the project in November 2014 and publication of the interim Definitive Feasibility Study (DFS) in December 2014.   The work underway is likely to lead to a major upgrade of the resource classification at Lake […]

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Poseidon Nickel Lake Johnston Restart Feasibility Study

Poseidon Nickel Limited (ASX:POS) is pleased to announce that the Lake Johnston Nickel Operation ‘Restart Bankable Feasibility Study’ (BFS) is well progressed and is announcing the interim results. Poseidon Nickel initiated major work toward an early operational restart upon signing the Lake Johnston Asset Sales Agreement (ASA) with Norilsk Nickel Australia (Norilsk) in early September […]

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Poseidon Nickel progresses Bankable Feasibility Study for Lake Johnston

Poseidon Nickel (ASX:POS) continues to progress a Bankable Feasibility Study for its Lake Johnston Nickel Project with interim results confirming that production restart costs would be low. This follows its defining an initial Resource of 3.8 million tonnes at 1.41% nickel, or 53,100 tonnes of contained nickel, at the Maggie Hays deposit of the project. […]

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Poseidon Nickel Announces Maggie Hays Mineral Resource

Poseidon Nickel Limited (ASX:POS) (“Poseidon”) completed the acquisition of Lake Johnston on 13th November 2014 and immediately began to work to convert the existing Mineral Resource to the JORC Code, 2012 Edition guidelines as is required by regulation. The Lake Johnston resources include two main mineralised bodies at Maggie Hays and Emily Ann. The Maggie […]

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Poseidon Nickel advances Lake Johnston with Maggie Hays JORC 2012 resource

Poseidon Nickel (ASX:POS) has defined a JORC 2012 Mineral Resource of 3.8 million tonnes at 1.41% nickel, or 53,100 tonnes of contained nickel, at the Maggie Hays mine within its Lake Johnston project in Western Australia. This was achieved without the cost of undertaking any further drilling using existing data handed over during the sale […]

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Poseidon Nickel Lake Johnston CEO Update November 2014

Poseidon Nickel CEO and MD David Singleton provides an update on the recent Lake Johnston acquisition and the company’s plans already in place to bring the mine back into production.

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