Poseidon hoping Golden Swan is the golden ticket

2nd June 2021 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: Australasia

PERTH (miningweekly.com) – Junior nickel developer Poseidon Nickel is hoping to restart operations at its Black Swan mine, in Western Australia, by the middle of 2022.

Speaking at Paydirt’s Battery Minerals conference, in Perth, Poseidon MD and CEO Peter Harold said that the company is undertaking significant exploration work at the Golden Swan deposit, with the aim of completing drilling work by the end of July this year.

Poseidon is investigating a number of options to bring the Golden Swan deposit to production, including ore treatment concentrate purchase agreements, a direct shipping ore (DSO) operation and processing operation to produce concentrate.

Feasibility studies for the Gold Swan deposit would be undertaken following the completion of drilling operations, with Poseidon targeting a final investment decision at the end of 2021, said Harold.