Poseidon Nickel Finds New High-grade Zone at Lake Johnston

Poseidon Nickel Ltd. (ASX:POS) announced that it has assayed 29 diamond drill holes at the Maggie Hays deposit, located at the Lake Johnston project. Furthermore, a new high-grade mineralized zone adjacent and west of that deposit has been discovered.

Other highlights include:

• Extensions to the North Shoot zone of Maggie Hays extending this area another 200 metres north and 70 metres deeper have been identified

• Additional drill holes announced expected to bring a large part of the North Shoot into mining reserves. Mining studies now well underway with results due in March.

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