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Poseidon Nickel Finds New High-grade Zone at Lake Johnston
Feb. 18, 2015 04:12PM PST
Base Metals Investing 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.
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.