Poseidon Nickel hikes Cerberus resource by 50%

Mining Weekly reports Poseidon Nickel (ASX:POS) has reported a 50% upgrade in the resource for its Cerberus deposit in Western Australia.

The market news is quoted as saying,

The Cerberus resource is now estimated at some 1,85-million tons, grading 2,05% nickel for 38 000 t of contained nickel.

As a result of the latest increase, Poseidon’s total nickel sulphide content for the Windarra project, now stood at some 110 500 t of contained nickel metal.

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