Poseidon Nickel (ASX:POS)
Poseidon Nickel Limited (ASX:POS) is a nickel sulphide development and exploration company with 3 operational projects located within a radius of 300km from Kalgoorlie in the Goldfields region of Western Australia.
Poseidon’s strategy is focussed on the recommencement and exploration of its established nickel operations in Western Australia where project risk capital and operating costs are low. A critical element of this strategy has been to acquire projects and operations with high levels of geological prospectivity likely to lead to potential substantial extension of the operation’s life through the application of modern nickel exploration techniques.
Poseidon owns the Windarra Nickel Project, the Black Swan Nickel Operations and the Lake Johnston Nickel Operations. In addition to the mines and infrastructure including concentrators at Black Swan and Lake Johnston, the Operations have significant exploration opportunities demonstrated by the discovery of the Abi Rose deposit at Lake Johnston.