Poseidon Nickel Completes Drill Program at Emily Ann North

Base Metals Investing

Poseidon Nickel Ltd. (ASX:POS) announced final results from a drill program completed at the Emily Ann North extension. According to the company, “significant nickel sulphide mineralisation” was intersected in all three diamond drill holes completed as part of the program.

Poseidon Nickel Ltd. (ASX:POS) announced final results from a drill program completed at the Emily Ann North extension. According to the company, “significant nickel sulphide mineralisation” was intersected in all three diamond drill holes completed as part of the program.
Other highlights are as follows:

  • Assays received from the third and final drill hole also intersected nickel sulphide mineralisation, finalising the Emily Ann Extension drill programme at Lake Johnston
  • Drill hole PLJD0003 intersected a zone of massive nickel sulphide mineralisation grading 1.13m at 3.35% Ni, including 0.26m at 8.67% Ni, as well as a lower stringer/disseminated zone comprising 0.62m @ 1.75% Ni
  • All three drill holes intersected nickel sulphide mineralisation increasing the potential for this zone to develop into a large economic deposit
  • DHEM generated large off hole anomalies defining the likely geometry of the nickel sulphide mineralisation and providing future drilling targets
  • Advancements in DHEM technology over the last 10yrs will further assist in the exploration for nickel sulphides
  • These intersections are located only 360m from the existing flooded decline in the Emily Ann underground mine which averaged a resource grade of 4.1% nickel and produced 46,000 tonnes nickel

Click here to read the full Poseidon Nickel Ltd. (ASX:POS) press release.

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